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A futures bet is a wager on the outcome of an event that has not yet happened. These bets are available on most sports and can be placed in the same way as other wagers. The most common are on the champion of a league, but they also cover division and conference titles, and other special events. The payout on these bets can be significant, but they are riskier than regular wagers because the result will not be known until much later in a season. Caesars Gaming Journalism: Behind the Scenes of Covering Virtual Realms betting on esports bet365 In addition to offering minus and plus money lines, many sportsbooks also offer a third moneyline for a tie or draw. This is especially common in soccer and hockey games where point scoring is limited. This type of line reflects the likelihood that both teams will score. This is similar to the concept of a point spread, but without the added risk and payouts. Unlike bets placed on point spreads, moneyline bets can be canceled by the sportsbook as long as it hasn’t reached its cancellation threshold.
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