What is an Outright Bet? - Outright Betting Guide
What is an Outright Bet? Outright Sports Betting Explained, Examples & Tips
There are lots of different ways to bet on your favourite sports at Stake, including outright betting. This is 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 you place a wager on the outcome of a tournament, competition, or entire league. For example, you can pick the eventual tournament winner. It’s also possible to place outright bets on end of season award results, or on whether a team will be promoted or relegated.
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. Here’s 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.
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 domestic competitions such as the EnglishPremier League, Serie A, La Liga, the Bundesliga, Ligue 1,FA Cup, EFL Championship, and League 1. What’s more, you’ll also be able to bet on outright outcomes for international tournaments like the Champions League, Europa League, Conference League, World Cup, Copa Libertadores and Copa Sudamericana. Bet on the league or tournament winners, or which players will win the Ballon d’Or or the Golden Boot award.
American Football Outright Bets
Football is another hugely 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. NCAA College Football betting is also available at Stake.
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, such as the Australian Open, French Open, Wimbledon or US Open, and who will finish the tennis tournament season at the top of the ATPor WTA 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 could also select the season's MVP as an outright bet and the team you think will win the NBA finals and the coveted Larry O'Brien trophy. It’s also possible to bet on outright winners of the WNBA and international basketball leagues such as EuroBasket, ProA and BBL.
Golf Outright Bets
There are four majors in professional golf – the Masters, the US Open, the Open Championship, and the PGA Championship, with men's and women's golf tournaments available. These are all great outright golf betting options, but you could also place outright bets on all other competitions throughout the season on the PGA Tour and LIV Tour. You can also place a wager on the golfer who will end the season as the FedEx Cup winner and the winner of the Ryder Cup.
Formula 1
Formula 1 is the world’s most popular motorsport, and Stake offers plenty of outright betting markets for you to choose from every year. You’ll find lots of outright bet types for each Grand Prix, and you can also bet on the end-of-season results, including the winner of the Driver’s and Constructors’ Championships.
Baseball
Baseball is a global sport, of which the MLB is the pinnacle. You’ll find a variety of outright betting options available on every MLB regular season and postseason at Stake. Bet on the World Series winner, or the winner of specific leagues during the regular season. It’s also possible to place a future bet on whether or not a team will make the playoffs. You’ll find outright betting on other baseball leagues such as NPB and KBO, along with the World Baseball Classic.
Cricket
Stake covers all major cricket matches too, including T20 cricket, domestic leagues and international test series. Get the latest outright odds on tournaments such as the T20 Vitality Blast and The Hundred, along with the Indian Premier League, the T20 World Cup and The Ashes. Bet on the winning team, which team will finish bottom or the top bowler or top batter.
Esports
Esports betting has grown in popularity significantly in recent years. Today, you can bet on a wide range of popular Esports such as Counter-Strike 2, FIFA, League of Legends and Dota 2. Outright betting is offered on all major tournaments at Stake, including the Esports World Cup.
Long-Term & Different Types of Outright Bets
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.
Winner w/o: Sometimes, if a competition is being dominated by a team or athlete, odds will be offered for the outright league winner, excluding them. For example, you can bet on the Ligue 1 winner, excluding PSG. This essentially ignores them in the final league rankings.
Straight forecast: A bet on the top 2 teams in the league at the end of the season. You must get both picks and the order correct to win your bet.
Total points: An over/under bet on the total number of points a team will finish the season on.
Relegation/promotion: A bet on the team you think will be relegated or promoted at the end of the season. Outright betting options are also available to allow you to bet on the number of newly promoted teams to be relegated 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.
To reach the playoffs: For sports such as the NFL, NBA and MLB, teams must progress through the playoffs in order to reach the finals. You can bet on whether or not a team will make the playoffs at the end of the regular season.
Playoff seed: Teams are seeded for the playoffs depending on their regular season performance. Bet on which team will be ranked as a specific seed for the playoffs.
Top scorer: A wager on a player to finish the season as the top scorer in the league.
Most assists: In soccer, an assist is recorded when a player makes a pass to the goalscorer. This is a bet on which player will end the season with the most assists.
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.
Other awards: Many sports have end-of-season awards, including the player of the year, young player of the year, most improved player and best defensive player, which are all available to bet on.
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 (2/1). You can switch between decimal, fraction and American at any time. High odds mean larger potential payouts, but also imply greater risk. Make sure you understand how to read betting odds and learn what the vig means to help get the best value from your bets.
The main thing to remember about outright markets is that they are usually season-long 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.
Pros & Cons of Outright Bets
Pros
Higher odds available - Especially at the start of the season, you can often get higher odds, which equal bigger potential payouts.
Keeps the season interesting - An outright bet makes the season much more exciting as you’re invested in the eventual outcome.
Lots of betting variety - There’s an excellent variety of outright betting options available on major tournaments, including winners, relegations, top players and more.
Cons
Takes time to settle - Sometimes you could wait a whole season to know if your bet is a winner or not.
Your stake is tied up - While waiting for the results of the season, your stake is unusable on other bets.
A lot can change over a season - Injuries and unexpected results could derail your outright bet, as anything can happen over a long season.
Outright Betting Strategies & Tips for Success
Outright bets are straightforward, but that doesn't mean it's easy to pick a winner! Use our ultimate guide to sports betting or Esports betting guide to learn how to place bets and follow these tips as you make your outright betting selections this season:
Consider the period of time in which you place your wager. You can often get the best odds at the beginning of the season. However, a lot can happen over the weeks that will affect the odds and your chances of winning.
Always check the recent team or player form and history in the tournament before backing them, as this will give you a good idea of how they're likely to perform. Although it depends on the sport, the top teams and players from the previous season will generally have the best chance of performing again.
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.
Pay attention to the latest news in the sport. Injuries, suspensions, squad depth and rule changes can have a significant impact on your outright bets. If you’re quick, you can get great value odds before they react to the news.
Tournament 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. Look through all the latest stats to get a better insight into the potential season outcomes and build your betting strategy.
Use our picks and predictions blogs too. We’ve got expert analysis of major upcoming sports tournaments and predictions of the winners. Read through our World Cup picks blog, our Champions League predictions and UFC picks and predictions.
How to Deposit & Withdraw Funds to Bet on Sports
Deposit
Log in to your account and check your current balance.
Select any of the available payment methods and supported local currencies, which include CAD, INR, TRY, CLP, BRL and ARS.
Stake accepts crypto payments too, allowing you to deposit and bet with cryptocurrency such as BTC, ETH, USDT, EOS, DOGE, LTC, TRX and SOL.
Use the deposit address as the “send to” location from your wallet or exchange.
Or deposit with Mesh, use MoonPay or Swapped.com to add crypto before storing your coins in the Stake vault for safety.
Withdraw
Log in to your account and open your wallet.
Choose the withdrawal option.
Select any of the supported payment methods and enter the amount you want to withdraw.
Make sure you’ve selected the right network if you’re using crypto.
Check all the details before confirming the payment and wait for it to arrive.
Sports Betting Promotions, VIP Club & Responsible Gambling
While enjoying betting at Stake, you’ll also be able to make the most of our sports betting promotions. These provide an excellent way to get more value from your outright bets, and joining the site also means you’ll become a member of the VIP Club. As you bet, you’ll earn points to level up your account and unlock rewards such as regular rakeback, reload bonuses and even your own VIP host. Find out all the details on the VIP FAQ page and remember to bet responsibly. Follow our Stake Smart guidelines for more advice on how to stay in control while having fun.
