The outright betting market is a difficult to win in sports betting market where bettors will usually be betting on the outcome of a league, specifically who the league winner will be. Sports bettors will be able to start betting as early as the start of the league itself in most cases or even earlier if the sportsbook offers odds earlier than the start date.
Because of the nature of outright bets, the odds are usually long even for bets on clear favorites. The long odds are ideal for stubborn bettors who want to win big in one bet but aren’t exactly ideal when expecting a win. Winning big is only possible when either staking high or betting on long odds.
What are the Available Bets in Outright Betting?
Betting on outright gives sports access to several bets, depending on the particular league. Some of the different bets available are the following:
Basketball
Soccer
As seen above, sports bettors will be able to bet on different outcomes besides the standard league winner. Even without betting on league winner, bettors can show their support to their favorite soccer team by betting on the W/O the Big Six Winner or any similar bet to guess who will win the league if the Big Six teams suddenly disappeared. Basketball fans can even bet on coaches instead of players themselves.
Why Should You Place Outright Bets?
Outright betting is fun and can be extremely profitable when bettors know the best team to bet on. It’s also a good way to be able to win big when bettors get lucky enough with long odds bets. Below are some good reasons why bettors should consider outright betting.
Show Support to Teams or Players
Because leagues like the English Premier League and the National Basketball Association are extremely popular worldwide, it makes sense that there will be fans who want to root for their teams to win the entire league instead of simply rooting for them to win specific matches. One fan even managed to win big on long odds by betting on Leicester City in the 2015-2016 season of the EPL when they had odds of 5001.00.
Bet on Favorites When the Odds are Still Long
The odds for the favorites in a league can be relatively high early in the league so betting high on them can be a good way to win big for high rollers. The only problem here is that an underdog might do an upset and result in the favorite losing due to one reason or another, resulting in the outright bet losing.
Sports fans who kept up with all the news on certain star players and coaches can even bet on them when they’re considered as favorites.
Bet on More than the Winner
As shown above, bettors will have access to multiple bets when using the outright betting market. If betting on league winner is hard due to how high performing the Big Six are, then they can bet on an outcome without them or focus on which player will get the Golden Glove, Golden Boot, and even Player of the Year.
Why Shouldn’t You Place Outright Bets?
While betting on outright outcomes can be a good way to show support to certain themes or athletes, the matter of profitability can be a discouraging factor that will keep bettors from enjoying outright bets. Winning big is fairly rare
Hard to Win In
Outright bets are naturally difficult to win in because of how the bets work. Even betting on favorites isn’t a guarantee to result in a win, especially when betting early in the league since the Big Six can easily take each other’s places in the current standings, making it difficult to easily win unless when betting late.
Usually Low Payouts
Winning outright bets are fairly rare when betting based on biases and those who bet late on obvious winners will only get an extremely small payout. Because the easy-to-win bets in outright betting usually have low payouts, it might not be a good idea to stick to this betting type when aiming to win real money.
Conclusion
The decision to place outright bets ultimately comes down to the bettor’s objectives. If the goal is to win big, outright betting may not be the best option. Bettors aiming for larger payouts might find better opportunities in parlays or live betting. However, for those who want to show support for their team, outright bets can still offer a slim chance of a big win—just like Leicester’s miraculous 2016 title win.
If you’re feeling lucky, head over to PHMACAO’s United Gaming sportsbook. Place your bets on a league winner or even on the MVP of your favorite sport and see where your luck takes you!
