General betting rules apply to all NFL football futures bets. In addition, the following rules are specific to betting on NFL futures.
A futures bet is a bet on an event where there are many competitors, sometimes made long in advance of the event taking place.
Futures are most common in events like Super Bowl betting, motor racing, NASCAR, or golf, among others. Futures are also posted in major competitions, like Major League Baseball and the NFL, at the start of the season, where players can get better odds on a team in which they have confidence than they would get later in the season or complete early Superbowl betting.
Because of the number of competitors, futures bets offer larger payouts. The larger payoffs are offset by the increased difficulty of picking a winner.