Outright betting is an extremely popular type of betting nowadays, whereby you are betting on the eventual result of competitions or awards, be this the Premier League or the Golden Boot winner.
To find out exactly what this means, how to bet on this and the best betting sites to play with we have created this football betting guide to help you get informed.
What does Outright Betting mean?
In its simplest form, an outright bet is when you are betting on the overall outcome of a competition. They also apply to individual awards from tournaments or leagues as well.
All betting sites will have outright betting options for almost every single league including, but not limited to, the Premier League, FA Cup, La Liga, Serie A, Bundesliga, World Cups, Euros, Champions and Europa League and much much more.
The most common types of outright betting are:
- To Win Outright
- To be Relegated
- To be Promoted
- To Finish in the Top 4, 6, and Half
- Golden Boot
- Golden Glove
- Next Manager to be Sacked
These are the most commonly found types of outright betting among bookmakers. Some offer more diverse and wide-reaching markets than others but be sure to check beforehand.
In outright markets, you can bet from the eventual winners to those sides who may end up being relegated or even on who will win the Golden Boot.
For example, Manchester City to win the Premier League, Newcastle to finish in the top 4, West Ham to be relegated or Erling Haaland to win the Golden Boot.
Some bookmakers also allow you to combine certain bets together as doubles or trebles. This means you could bet on a side to win, and another to be relegated from the same league.
When are Outright Bets paid out?
Due to the long-term nature of these bets it can sometimes be difficult to know exactly when the bets will be paid out as wins.
The best rule of thumb to follow is that when the season ends, if what you have bet on has happened, like Man City winning the league, then your bet will be paid out as a win.
Sometimes also your bets will be paid out earlier, but this is only if it is mathematically impossible for them to change their finishing position.
Say you have bet on a side to be relegated, and they cannot mathematically escape the relegation zone, then your bet will be paid out as a win.
Outright market bets are either paid out when the league or competition comes to an end or it has been mathematically confirmed.
For the next manager to be sacked markets, these bets are paid out once it has been confirmed by the club.
Pros and Cons of Outright Betting
Pros | Cons |
Increased Odds | Long term wager |
Cash out potential | Upsets are rife |
Outright betting is everyone's favourite talking point ahead of any big sporting competitions, as we keep an eye out for the dark horses, or evaluate the pick of the betting chances.
It can also open up some handy wagering opportunities for bettors as the odds for these kinds of markets are generally quite high. This is due to the long nature of these competitions, often being played out over weeks and months.
This can result in it being quite a risky bet because truly anything can happen over the course of the event, particularly in knockout football tournaments where upsets are the norm, and no chance for rebuttal is provided to knocked-out sides
But it does mean if the backed side performs well in the competition the chance for cash out rises steadily, offering players plenty of opportunity to take any returns being offered.
There are also usually helpful gaps within which bettors have ample time to check their bet slip and take any cash out being offered in their own time.
Make no mistake, this is not a quick wager either, so players looking for fast returns may wish to avoid these kinds of outright bets, often taking weeks or even months to come to fruition.
However, this is balanced out by what are usually excellent odds and potential returns for players, such that outright betting certainly holds advantages for bettors.
Outright Betting FAQs
Is outright betting only available for football?
No, outright betting is available on a wide variety of sports out there.
This includes the likes of tennis, golf, rugby, American football and much much more with these markets getting wider each and every year.
What is outright betting?
Simply put, outright betting is whereby a player can bet on the eventual outcome of a tournament, competition or league.
This works for loads of different sports be this, a football team to win or be relegated from a league, a tennis player to win Wimbledon or a footballer to win the Golden Boot in the Euros, the possibilities are endless.
What does to ‘win outright without’ mean?
All that to win outright without means is that would the team or player bet upon have won the tournament or competition, without the team or person who came first being involved in it at all.
For instance ‘Liverpool to Win the Premier League without Man City’.
Therefore if Man City win the league, but Liverpool comes second then the bet will count as a winner.
Can I cash out outright bets?
Yes, the majority of outright markets can be cashed out by users.
However, this cannot usually be done whilst a game is running, with bettors having to wait for a single match to be over before being able to do this.