What is Outright (Futures) Betting?

Definition: Outright betting, called futures in the US, is betting on the final result of a competition or season, such as the league winner.

Examples of outright markets:

  • League or tournament winner.
  • Top goalscorer of a competition.
  • Relegation and final league position.
  • Season MVP or championship winner.

How outrights work:

  • Markets open weeks or months before the result.
  • Prices change during the season as results come in.
  • Bets are settled when the competition ends, with dead heat rules for shared positions.

For risk management: outrights stay open for a long time, so liability builds up over the season and needs regular review.

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