Futures odds change dynamically throughout the season based on a variety of factors, including team performance, player injuries, trades, and other significant events. For instance, if a star player gets injured or a team goes on a winning streak, the odds will be adjusted to reflect the new likelihood of that team’s success.
Oddsmakers continuously monitor these developments and use advanced algorithms to update the odds in real-time, ensuring they remain accurate and competitive.
Additionally, futures odds are influenced by betting patterns and market demand. If a large number of bets are placed on a particular team or outcome, sportsbooks may adjust the odds to balance their exposure and mitigate potential losses.
This is known as “moving the line” and can happen at any time, especially as new information becomes available or as the event in question draws closer. By adjusting the odds, sportsbooks aim to maintain a balanced book and ensure profitability regardless of the outcome.