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  • Writer's pictureFrancis Wisniewski

Why buy sports futures?

My goal is to find mistakes that the casinos make that can pay off big, even if the team we are betting on to win the championship doesn't win. There will be often opportunities to hedge our exposure and lock in a win.

In this instance, Draft Kings has the Brooklyn Nets +35,000, meaning a $100 bet would win $35,000. My current computer rankings has them 9th best in the league. They are a similar strength as Cleveland which is +3500. There is great value in this bet. It's important to shop all the available sportsbooks. DraftKings is +35000, but MGM is +15,000. To get the best value, you need access to as many sportsbooks as possible.

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