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Futures are single wagers placed on the outcomes of events, which are determined at sometime in the future. For example, a future may involve picking the winner of the NFL championship, the Stanley Cup, or the World Series.

Payouts for a futures bet depend on the odds given by the house for each bet you have placed. Usually futures bets are represented by basic, fixed odds (although sometimes a moneyline or a multiplier may be featured) with your payout being dictated by those posted odds.

To calculate your payout, simply translate the odds (a moneyline such as -110, -180, +140 etc., or fixed odds such as 3/1) to a multiplier (the Payoff Price plus one). Take the multiplier and multiply this by your bet to determine your Payout or Win Amount (Payoff Price plus your original bet).