The Super Bowl just ended and congratulations to the Denver Broncos for winning Super Bowl 50. The NFL Draft is right around the corner but make no mistake about it. The NFL is king and will control the media all 12 months of each year. They are kings of self-promotion and there is a fan base that wants nothing more than more and more football talk.
Many people enjoy the game for the skill, others love the hard hitting nature from play to play, and there are others that just love their team and will root for ever as rabid fans. However, there is one other personality, the one who likes to wager a dollar or two on either their favorite team or a team they feel can win it all. The action can be riveting and placing a wager that is valid for months is a joy to many a gambler or novice just trying to make each game matter a little bit more.
Below are the current futures odds to win the 2016-2017 Super Bowl, AFC Championship, and NFC Championship. Don’t know what a futures bet is? No problem, the futures bet is when you place a wager with odds to win on a team with the outcome at a certain point in the future. One example is any table below where you would be placing a wager before the season even begins. These types of wagers can yield large returns if you get them right.
Calculating Payout of a Winning Bet
So you see the odds and you see the teams but you are not sure how they will payout based on the numbers in the tables below? It is not as confusing as it may seem. For this example let’s look at the Cleveland Browns odds to win the Super Bowl. They are listed at 200-1 to win. If you place a $20 bet then the payout is as follows. You multiply the odds (200-1) by the amount ($20) then add your initial investment, which is referred to as a stake. It looks like this: (200/1) x 20 +20 or $4,020 payout if the Browns win the Super Bowl in 2017. Now let’s look at the 2016-2017 NFL Futures Odds: Winning Super Bowl, AFC, NFC Championships
2016-2017 Super Bowl Odds to Win
|New England Patriots||9/1|
|Green Bay Packers||12/1|
|Kansas City Chiefs||25/1|
|New Orleans Saints||50/1|
|Tampa Bay Buccanneers||60/1|
|San Diego Chargers||60/1|
|Los Angeles Rams||60/1|
|San Francisco 49ers||75/1|
2016-2017 AFC Championship Odds to Win
|New England Patriots||9/2|
|Kansas City Chiefs||12/1|
|San Diego Chargers||30/1|
2016-2017 NFC Championship Odds to Win
|Green Bay Packers||6/1|
|New Orleans Saints||25/1|
|Tampa Bay Buccaneers||30/1|
|Los Angeles Rams||30/1|
|San Francisco 49ers||40/1|