What is an Outright Bet? - Outright Betting Guide
What is an Outright Bet? Outright Sports Betting Explained, Examples & Tips
One of the easiest ways to bet on your favourite teams is to place an outright wager. It's a bet on a team or an individual player to win a particular upcoming sporting tournament or event.
Keen to learn more? Discover everything you need to know about outright bets and how to make winning selections on your favourite tournaments throughout the sports season at Stake online sportsbook .
What is Outright Betting?
Sometimes referred to as futures betting, outright betting is a type of bet where someone places a wager on the outcome of an individual or a team to win a tournament, competition, or entire league.
This differs from other betting types such as moneylines , over/under , handicaps , totals , or prop bets , where sports bettors will place a wager on a single game.
Outright betting markets are popular in many sports, including team sports like soccer and American football and individual sports like golf and tennis.
How Does Outright Betting Work?
Rather than being concerned with individual games or a single match, outright wagers offer you the chance to back a team or person to win an entire competition. Let's look at an example.
Let's say you pick Manchester City to win the UEFA Champions League and place an outright wager.
In game week one, City might lose to Real Madrid but then go on to win their remaining games in the group to progress to the final. This one defeat won't affect your outright bet, as you have City to win the entire tournament, not the match.
Therefore, if they make it to the final and win – no matter how many defeats they suffer, your outright wager will win.
So, it's helpful to look at outright betting as a bet that spans the entire season instead of specific game weeks. Many people place outright bets at the very start of the campaign, but you can place them at any time throughout the year.
Long-term Outright Bet Types
You can place a range of long-term outright bets at Stake.com, including:
Outright winner: A bet on the team you think will win a competition.
Relegation/promotion: A bet on the team you think will be relegated or promoted at the end of the season.
To qualify: A bet on the team you think will qualify for a particular tournament, such as the Europa League or Champions League in soccer.
Top scorer: A wager on a player to finish the season as the top scorer in the league.
MVP (Most Valuable Player): In some American sports, you can place an outright bet on the player you think will be named the MVP at the season's end.
Playoffs: Where applicable, an outright playoff wager is a bet on a team to make (or win) the playoffs at the end of the season.
Popular Sports for Outright Betting
One of the best things about outright bets is that you can place them on a whole host of sports, including:
Soccer Outright Bets
Soccer outright bets are extremely popular at Stake.com. You can place outright bets on the Premier League which you can read our most up to date picks on, Champions League, Europa League , World Cup , Serie A , La Liga , and other domestic and international competitions.
American Football Outright Bets
Undoubtedly, football betting is another popular sport to bet on. American football outrights on the NFL and CFL are amongst the biggest football tournaments in the sporting calendar. You can back outcomes like divisional and conference winners, which teams will make the playoffs, and who will end the season with their hands on the Super Bowl.
Tennis Outright Bets
Tennis outright bets are also a great option, allowing you to back your favourite players throughout the season. Tennis outrights include players to win each Grand Slam event and who will finish the tennis tournament season at the top of the ATP world rankings.
Basketball Outright Bets
The NBA has a global audience, and there are lots of outright betting options that you can place on basketball fixtures. You can place wagers on who you think will win the Eastern and Western Conferences and the teams you think will win their respective divisions. You can also select the season's MVP as an outright bet and the team you think will win the Larry O'Brien trophy.
Golf Outright Bets
There are four majors in golf – the Masters, US Open, British Open, and the PGA Championship, with men's and women's golf tournaments available. These are all great outright betting options, but you can also place outright bets on all other competitions throughout the season on the PGA and LIV Tours. You can also place a wager on the golfer who will end the season as the FedEx Cup winner.
How Do You Win at Outright Betting?
In many respects, an outright wager is the easiest type of betting as it's only concerned with the winner of a specific tournament. If you back a team or individual to win a particular tournament or event at any stage of the season, you will win your bet if they get their hands on the prize.
You can also place each-way bets on tournaments and events, which payout a percentage of your winnings if your selection finishes in the top 3-5 positions.
Outright Betting Odds, Outright Markets & Payouts
You can choose how to see outright odds represented in your Stake.com account, choosing from American (+300), decimal (3.0), or fractional. You can set and change your preferences at any time.
The main thing to remember about outright markets is that they are usually season-long bets – or at least futures bets. Therefore, you must wait for the tournament to end before receiving your winnings. Still, we process withdrawals instantly, meaning you don't have to wait long to get your hands on your winnings.
How to Deposit & Withdraw Funds to Bet on Sports
Easily deposit fiat or crypto units into your account in order to place outright bets and other wagers by following the steps listed below:
Step 1 - Retrieve your deposit address, located in Wallet > Deposit.
Step 2 - Choose the method that suits your needs. Stake.com supports multiple currencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (Doge), Litecoin (LTC), and others. You can find more information about our local currency options on our community forum, as well as our local currency payment guide.
Step 3 - Use your deposit address as the 'send to' location for your wallet or exchange.
Step 4 (Optional) - If you wish to make a deposit via fiat currency, you can buy crypto for Stake via Moonpay.
Stake.com offers live support to players via our customer support staff for help with issues regarding sports betting and depositing and withdrawing units.
Moonpay supports multiple payment options, including Visa, Mastercard, Apple Pay, Google Pay, and others, to buy cryptocurrency to place sports bets. For a full list of supported payment methods, please refer to the Moonpay documentation .
Outright Betting Tips & Strategies
Outright bets are straightforward, but that doesn't mean it's easy to pick a winner! Here are some tips that will help you as you make your outright betting selections this season:
Consider the period of time in which you place your wager. Placing your bets at the start of the season for better value odds. This is particularly true if you're betting on a team to win a championship at the end of a season.
For individual sports like tennis and golf, consider a player's history in a specific tournament before backing them, as this will give you a good idea of how they're likely to perform.
Each-way bets are a good option when making your outright selections, as they payout a percentage of your winnings if your selection falls just short.
Outrights require research and understanding of the sport in question. Don't just pick the favourite when placing an outright bet before doing your research.
Refer to our helpful sports betting guide for more information about making outright bets
Sports Betting Rules, Regulations & Security
You now have all the information needed to place your outright bets at Stake online betting site. Please refer to our terms of use before making your selections, and always gamble responsibly.
