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The statistics are alarming. The main benefit of futures is that you would be able to get interesting odds by betting far in advance of when the occasion takes place. For instance, betting on the 2006 Masters golf tournament now would possibly get you much better value on Tiger Woods, who could also be 10/1 at this second but dip to six/1 closer to the occasion if he is on a roll.
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Betting with out planning is a fool's game, although even the most effective handicappers slip into it as soon as in awhile. But if it's greater than as soon as in awhile for you, it is pretty certain that you're going to lose greater than you win and that is no fun.
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So, if you wish to win constantly, you need to handicap constantly. You want a system - both one that you give you your self over time - or one that someone else has come up with over time. In both case, the system needs to be tried and true, not something that your buddy's brother in regulation thought up over beers at a backyard BBQ.