Betting on American Football outright winner in football tournaments is one of the most exciting and popular markets, especially when using Bitcoin (BTC) as your betting currency. This type of betting involves predicting which team will win a championship or tournament, such as the NFL Super Bowl or a conference title. With Bitcoin betting, players enjoy benefits like fast transactions, low fees, privacy, and global access to sportsbooks.
What is Outright Winner Betting in American Football?
Betting on outright winner focuses on predicting the champion of an entire tournament or league, rather than other ways to bet on NFL game or event outcomes. Common tournaments and leagues where outright betting is available include:
NFL Super Bowl Betting
The Super Bowl is the grand finale of the NFL season, widely regarded as the most prestigious event in American football. It’s played annually between the champions of the NFL’s two conferences, the AFC (American Football Conference) and the NFC (National Football Conference). The game is held in early February, and fans worldwide tune in to see which team will hoist the Vince Lombardi Trophy, named after the legendary coach.
In betting terms, outright winner markets for the Super Bowl are hugely popular. Bettors place wagers predicting which team will win the NFL championship, often months in advance of the actual game. Odds for the Super Bowl winner are typically released shortly after the previous season ends, and they fluctuate throughout the year based on team performance, injuries, trades, and other factors. Betting on the Super Bowl can range from simple moneyline wagers on the outright winner to prop bets like predicting the MVP, halftime show elements, or even the coin toss.
NFC and AFC Conference Championship Betting
The NFC and AFC Conference Championships are held in the weeks leading up to the Super Bowl and determine which teams from each conference will advance to the big game. Betting on these conference championships is another highly popular market. Wagering on the conference champions allows bettors to predict which team will represent the AFC and which will represent the NFC in the Super Bowl.
Like the Super Bowl, conference championship betting offers outright winner markets, where bettors predict which team will win their respective conference. The stakes are high, and the outcomes are often closely contested, making this a thrilling part of the NFL betting season.
College Football Playoff (CFP) National Championship Betting
The College Football Playoff National Championship is the culmination of the NCAA Division I Football season. Each year, the top four college teams in the country, as determined by the College Football Playoff Committee, compete in a two-round playoff system to determine the national champion.
Betting on the CFP National Championship involves placing outright bets on the team you think will win the title. Like NFL betting, these wagers can be placed well in advance of the season’s conclusion. Often starting before the playoff teams are even selected. Odds adjust throughout the season as teams rise and fall in the rankings. Other betting options include betting on individual playoff games, point spreads, and player props.
Regular Season Champions Betting
In some leagues, including the NFL and NCAA, bettors can place wagers on which team will finish with the best regular season record. This market focuses solely on the regular season and not the playoffs. While it’s common in other sports like European football (soccer), where regular-season performance determines the champion, in American football, it’s more of a specialty market.
For NFL bettors, predicting the regular season champion means selecting the team with the best win-loss record at the end of the 17-game regular season. This market requires foresight into a team’s consistency and depth. And their ability to avoid injury over the long grind of the season. Unlike playoff-focused bets, this wager settles as soon as the regular season concludes, irrespective of what happens in the postseason.
Why Use Bitcoin for Outright Winner Betting?
Anonymity: Bitcoin transactions offer a high level of privacy. As you don’t need to share personal financial information with the sportsbook, making it an attractive option for bettors who value discretion.
Fast and Secure Transactions: Bitcoin deposits and withdrawals are processed much faster. Than traditional methods like bank transfers or credit cards. This means you can fund your account and cash out your winnings with minimal delay.
Lower Fees: Bitcoin transactions generally have lower fees compared to traditional payment methods. Which can improve your overall returns, especially when withdrawing large amounts after winning an outright bet.
Global Access: Since Bitcoin is decentralized, it can be used by bettors worldwide. Including those in countries where traditional betting currencies or payment methods may be restricted or unavailable.
How to Place an Outright Winner Bet Using Bitcoin
In this section, we’ll walk you through the essential steps to get started. From finding a reputable Bitcoin sportsbook to placing your bet on the team you think will take home the championship.
Find a Bitcoin Sportsbook: First, you’ll need to register with a reputable sportsbook. You can take a look at the American Football Bitcoin sportsbooks we have listed here on GOSUBETTING. As we have checked them all out and can confirm they are reputable and also accept Bitcoin and other cryptocurrencies.
Deposit Bitcoin: After registering at your chosen sportsbook, you need to deposit Bitcoin into your betting account. This involves sending BTC from your Bitcoin wallet to the sportsbook’s wallet address. Once the transaction is confirmed, the Bitcoin will be credited to your betting account.
Select the Tournament: Navigate to the outright betting markets for the tournament you want to bet on, such as the NFL season or the College Football Playoff. Each team will have odds listed based on their chances of winning the championship.
Place Your Bet: Choose the team you believe will win the tournament and decide how much Bitcoin to wager. Enter the amount and confirm your bet. Your potential payout will be based on the odds and will be displayed before you finalize the bet.
Example of an Outright Winner Bet in American Football
Let’s assume you want to bet 0.05 BTC on the Kansas City Chiefs to win the NFL Super Bowl. If the Chiefs have odds of 8.0 (decimal odds) to win the championship, the calculation for your potential payout would be:
Potential Winnings: 0.05 BTC × 8.0 = 0.40 BTC
Net Profit: 0.40 BTC – 0.05 BTC = 0.35 BTC profit if the Chiefs win the Super Bowl.
If they do not win, you will lose the 0.05 BTC you placed as your bet.
Things to Consider When Betting on Outright Winners
When it comes to predicting which team will win a championship, several factors can influence the outcome, especially in American football. From the form and health of key players to the challenges a team faces throughout the regular season, each element plays a role in determining success. Understanding these factors can help bettors make informed decisions when placing outright winner bets. Below, we have a look at the 5 main aspects that can impact a team’s championship chances.
Team Form and Injuries
A team’s current form, meaning how well they are playing heading into the playoffs can be one of the biggest indicators of success. Teams that are on winning streaks or have star players performing at their peak are usually more likely to carry that momentum into the playoffs and succeed. On the other hand, injuries to key players, especially quarterbacks or other vital team members, can severely hurt a team’s chances. Even the strongest teams may struggle if they lose a star player during the most important part of the season.
Playoff Experience
Experience in high-pressure playoff situations often separates good teams from great ones. Teams with a history of performing well in the playoffs, or those with seasoned quarterbacks and coaching staff who have been through the grind of postseason football, tend to have an advantage. Playoff games are different from regular season matches, and teams that know how to handle the pressure are better equipped to advance.
Strength of Schedule
The difficulty of a team’s regular season schedule can give clues about their readiness for the playoffs. Teams that have an easy schedule, facing weaker opponents, may not be as prepared for tough playoff competition. Meanwhile, teams that survived a more difficult schedule are likely more battle-tested, having already faced strong opponents and overcome challenges that sharpen their skills for the postseason.
Seedings and Home-Field Advantage
In the NFL playoffs, teams are ranked, or seeded, based on their regular season performance. Higher-seeded teams often enjoy home-field advantage in the early playoff rounds, which can give them a big boost. Playing at home means familiar conditions, enthusiastic local support, and less travel, all of which can help a team perform better. This advantage can make a big difference, especially in tight games where every edge counts.
Weather Conditions
Since the NFL playoffs take place during winter, the weather can have a major impact on games, particularly those held in outdoor stadiums. Teams accustomed to cold, snowy, or windy conditions generally have an edge over teams from warmer climates, who may struggle in harsh winter weather. Understanding how weather might affect the game can be an important factor in predicting outcomes, especially in outdoor venues like Green Bay or Buffalo.
Timing of Outright Winner Bets
The timing of your outright winner bet can have a significant impact on the odds and potential payout:
Pre-Season Bets: Betting before the season starts often provides higher odds, as the sportsbooks haven’t fully assessed team form, trades, or injuries. However, these bets carry more risk since it’s harder to predict team performance months in advance.
Mid-Season Bets: As the season progresses, odds for teams in good form will shorten, but bettors gain more clarity on how teams are performing, making these bets slightly less risky.
Playoff Betting: Bets placed right before or during the playoffs offer lower odds, as the field is narrowed and clear favorites emerge. However, bettors have the advantage of knowing which teams are in peak form.
Cash Out Options
Some Bitcoin sportsbooks offer a cash-out feature for outright winner bets. This allows you to settle your bet early for a guaranteed payout if your team is performing well but you’re not confident they will go all the way. For example, if your team reaches the AFC or NFC Championship Game but faces a tough opponent, you may opt to cash out before the game.
Hedging Your Bet
Hedging is a strategy bettors use to secure profits or minimize losses. If your team is still in the running near the end of the tournament, you can place a smaller bet on another team to cover your original stake. For example, if you bet on the San Francisco 49ers to win the Super Bowl and they make it to the final, you could place a hedge bet on the opposing team to ensure you profit regardless of the outcome.
Advantages of Betting Early with Bitcoin
Betting early with Bitcoin offers unique benefits that can enhance your betting strategy and potential returns. Below, we outline some key advantages of placing your bets early in the season or before a tournament begins.
Higher Odds
When you place your bet before the tournament starts, the odds for each team are usually higher. This is because there’s more uncertainty about the final outcome. This means if your prediction is correct, your potential payout will be greater. Compared to betting later in the season when odds may decrease as favorites become clearer.
Hedging Opportunities
If the team you bet on performs well throughout the tournament, you’ll have chances to hedge your bet. This means you can place additional bets on other teams later in the tournament to secure a guaranteed profit or minimize potential losses, no matter what the final result is.
Long-Term Investment
Outright winner bets placed at the start of the season can be seen as a long-term investment. If you’re confident in a team’s potential, your bet has time to gain value as the team progresses through the season. Potentially leading to significant returns if they perform well and win the tournament.
Disadvantages of Betting Early with Bitcoin
While betting early with Bitcoin has its benefits, there are also some drawbacks to consider. Below, we highlight the disadvantages of placing outright bets early in the season or tournament.
Price Volatility
Bitcoin’s price can change a lot in a short period of time. This means that even if your bet wins, the value of your Bitcoin winnings might be worth less when you withdraw them due to a drop in Bitcoin’s price. Managing the risk of Bitcoin’s volatility is important when betting with cryptocurrency.
Long Wait Times
Since outright winner bets cover an entire season or tournament, they take longer to settle. This means your funds are tied up for a long time. You won’t be able to use those funds for other bets or withdraw them until the tournament is over and a winner is declared. You would still have the same waiting time even if you bet with traditional currencies, so it is not purely because you are betting with Bitcoin.
Risk of Early Elimination
Betting early comes with the risk that the team you bet on might underperform or face unexpected setbacks. Such as injuries to key players. If your team is eliminated early from the tournament, your bet is lost. And the longer wait time means you miss out on other opportunities to place new bets during the season.
Our Thoughts on Betting on American Football Outright Winner with Bitcoin
Betting with Bitcoin on the outright winner in American football tournaments like the NFL Super Bowl is an exciting, long-term market that can offer large payouts. With the added benefits of Bitcoin, such as faster transactions, lower fees, and privacy, many bettors are turning to BTC for their outright winner wagers. However, it requires careful analysis of team form and tournament structure. And the timing of your bet to increase your potential winnings.
Frequently Asked Questions
In this section we cover the basics of outright winner betting. How Bitcoin betting works, why it’s advantageous, and the potential risks involved. You’ll also learn about the best times to place your bets. How to deposit Bitcoin, and other helpful tips to make the most of your Bitcoin sports betting experience.
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What is outright winner betting in American football?
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How does Bitcoin betting work for outright winner markets in American football?
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Why use Bitcoin for betting on the outright winner in American football?
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What are the risks of betting with Bitcoin on outright winners in American football?
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Which American football tournaments are best for outright winner betting?
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Can I cash out my outright bet early with Bitcoin?
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When is the best time to place an outright winner bet on American football?
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How do I deposit Bitcoin to bet on American football outright markets?
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Can I bet on multiple American football teams to win a tournament?
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Are there transaction fees for Bitcoin betting on American football?