Betting sides and totals on major sports like baseball, basketball and football are the most common wagers available everywhere. However, many sportsbooks also offer proposition bets (or props short) for gambling on non-team sports like golf, tennis, boxing and auto racing – including NASCAR – due to their growing popularity. The two main ways of wagering on non-team sports are “Betting to Win” an event and “Matchup Betting” which pits an individual against another individual or a group of individuals.
Betting to Win
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Before every major event in non-team sports like golf, tennis and auto racing, futures are set by oddsmakers. These are not fixed and are adjusted by sportsbooks several times leading up to the event and are sometimes released months before an event. The same holds true for major team sports like NFL and college football, NBA and college basketball and MLB baseball.
The main advantage of futures is that you can get appealing odds by betting far in advance of when the event takes place. For example, betting on the 2006 Masters golf tournament now might get you much better value on Tiger Woods, who may be 10/1 at this moment but dip to 6/1 closer to the event if he is on a roll.
An example with team sports would be NFL futures, where you often can get much higher odds on a team by betting before the season starts. A NFL future bet on a team to win the Super Bowl might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.
“Betting to Win” an outcome event like The Masters is the most common way to wager on individuals competing for a particular non-team title. Unlike team sports such as football, non-team sports also have multiple events over the course of a year, so “Betting to Win” obviously happens much more frequently than a once a year NFL futures bet on the Super Bowl winner does.
It is very important to note that not all the competitors in an event may be listed,