What is a Prop Bets in sport betting? Rules, Examples and More
Sports always contain countless surprises that even supercomputers or long-time experts cannot predict accurately. But because of that, it gives viewers certain suspense and explosions. For sports betting in general and football in particular is no exception. If you participate in sports betting, you will see the phrase Prop bets many times. Even it is quite popular and loved even by first-time players. In this tutorial, Kingsoccertips admin will introduce Prop bets in the most general way for you.
Prop Bets in sport betting
What is a Prop Bets in sport?
Sports fans, while watching their favorite teams compete, sometimes make random guesses about which player or team will score the first goal, with how many points, or how many times a specific basketball player will finish the half or who will score the first touchdown.
Online bettors and oddsmakers are well aware of performance statistics and analytics analyzed for various sports, thus creating odds for these potential outcomes. These specific outcomes are called prop bets (short for proposition) and rarely relate to the final outcome of the game.
In summary, prop bets or proposition bets are a type of wager that players place within the game and are related to the performance of a team or player in a specific domain, such as which team/player scores a certain number of points or performs another action unrelated to the final outcome of the match.
The principle of operation of Prop bets
Unlike moneyline bets, futures, or over/under bets, prop bets require a deeper understanding of the game, tournament, standings, and the form of certain players to place informed bets. This makes prop betting more challenging than conventional betting, but it also has the potential for greater rewards.
Ambitious and knowledgeable bettors are drawn to prop betting because it tests their skills and ability to predict specific outcomes. While all prop bets are unique, some are more difficult to predict than others and serve as a significant test of the bettor’s skills.
On the other hand, some sportsbooks offer simpler prop bets for casual players. For example, depending on the form of a basketball player, baseball player, soccer player, or other athletes, sports fans can often accurately predict whether they will score under or over a certain number of points, the number of attempts, touches, etc.
Some examples
Golden State Warriors star Stephen Curry is facing off against the Phoenix Suns. A sportsbook might provide information based on the total number of points Curry will score in the game. Let’s assume the sports bettor sets the total at 31.5 points. The bettor can wager on whether Curry will score over 31.5 points (Over) or under 31.5 points (Under).
All betting options come with odds (or “juice”) attached to them. So, using the example above involving Curry, Over 31.5 points might have odds of -105, while Under 31.5 points might have odds of -115. Here’s what this means in real money terms:
If you believe Curry will score at least 32 points against the Phoenix Suns, you would wager $105 to win $100 (or, for instance, $10.50 to win $10) on the Over. If you think Curry will end up with 31 points or fewer, you would wager $115 to win $100 (or $11.50 to win $10) on the Under.
Of course, this is just one of countless examples of props offered to bettors by sportsbooks. In simple terms, if a performance-based point can be applied to a player’s performance, it’s likely that bettors will see it posted on their betting board.
How to bet on Prop in sports?
1. NFL prop bets
Two examples of popular NHL prop bets include selecting whether a player will score a goal (Yes/No) and placing a bet on the total number of points a player will score in a game (Over/Under). The goal-scoring prop allows bettors to wager on “Yes” (with plus-money odds) or “No” (with negative odds). The better the goal-scoring player, the shorter the odds for “Yes,” and vice versa.
For the points prop, bettors can choose to bet on a player Over or Under the total points (total goals and assists). That number is almost always set at 1.5. Once again, the plus/minus odds are related to his specific point reliance, but the range is much narrower compared to the goal-scoring prop.
2. MLB prop bets
With the multitude of prop betting markets available for every MLB game of the season, we thoroughly examine all options to identify the best MLB player props currently available. Any bet based on a player’s statistics in a specific game is considered an MLB player prop. Over/under is a common feature of MLB player props.
Our MLB player props today vary between matches depending on the advantages we identify compared to the sportsbook’s betting lines. There are numerous ways to bet on MLB games, with the biggest matches such as MLB playoffs and the World Series even offering more options.
3. NBA
A market increasingly popular among NBA bettors is the “first basket” bet. Similar to the first run scored in baseball (and the first goal in soccer), bettors can select a player from either team to score the first basket of the game. Known as “player prop bets,” these bets come with different odds depending on the player’s scoring ability.
Bettors can even get more specific by choosing the method of the first basket (three-pointer, jump shot, etc.). These player prop bets are almost always offered with plus-money odds. The reason: They are very difficult to hit.
4. NHL prop bets
Betting on NHL players can be somewhat challenging, as most online sports betting platforms offer fewer markets—at least when compared to the NFL, NBA, and MLB. It’s not surprising that the majority of NHL prop bets nowadays revolve around players’ statistical performance throughout the game.
These betting markets are based on a player’s points, goals, and assists or a combination of all three. Our current top NHL player props often include a player scoring the first goal or any goal at any time during a specific match.
5. Other sports
- Golf: Will any golfer make a hole-in-one shot during the four-day tournament (Yes/No)? How many major titles will Scottie Scheffler win in 2023 (Top/Bottom)?
- NASCAR: How many wins will Kyle Busch have in the 2022 NASCAR season (Over/Under)? Which automaker will win the Daytona 500? Which driver will lead the most laps in a race?
- UFC: What winning method will Conor McGregor use (KO/TKO, subdue, decisive) to defeat Michael Chandler? Will a certain war go far (Yes/No)?
- Tennis: How many sets will Rafael Nadal need to beat Roger Federer (Top/Bottom? Will Coco Gauff win a set against Iga Swiatek (Yes/No)?
Pros/Cons of Prop Bet
Pros
- Great selection of MLB and NBA props.
- The betting market “quick pick”.
- Favorable prop odds.
- Over 300 NBA daily/weekly betting markets.
Cons
- The narrow choice of NFL props.
- There are almost no props for less popular sports, that is, the choice becomes simpler.
FAQ about Prop bet
What types of side bets do US betting sites offer?
Side odds are most often found for individual players’ performances, such as the number of touchdowns or rebounds or the time of first scoring/goal. Some online betting sites may also offer seasonal odds.
Where can I find the best Props this week?
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What payment methods can I use to place Prop bets?
The most common payment methods at betting sites in the United States are credit and debit cards, PayPal, Apple Pay, Bank Transfer, Electronic Checks, American Express and Play+.
Conclude
Above is all related to Prop bets shared by admin extremely detailed, specific and easy to understand. It can be seen that this type of bet is not too difficult to understand and it also contains many interesting things. If you are used to simple forms of wagering, try betting prop a few times to change the atmosphere and look for opportunities to increase the bonus. Just experience and learn lessons, you will definitely succeed.
See also: Round Robin bet meaning – How does Round Robin Betting work?