The world of sports betting offers a wide variety of exciting betting options, from match winners to handicaps, totals, and more. However, prop betting stands out among these as a unique market that beginner bettors may not be familiar with. By allowing you to wager on outcomes that are not directly related to the final result or score, the market offers an innovative approach that deviates from the standard norms.
This guide covers everything you need to know about prop betting, including its basics and the available types.
What is a Prop Bet?
What exactly is a prop bet? Short for the word proposition, prop bet is an umbrella term that refers to many different wagers placed on specific occurrences. Instead of betting on who will win a game, a prop bet focuses on the occurrence (or non-occurrence) of various events that don’t have anything to do with the eventual outcome of the game. For example, wagering on whether or not a match will go into overtime.
The beauty of the prop betting market is that sportsbooks can use almost anything as prop wagers across different sports, resulting in a wide range of betting opportunities. By allowing wagers on different aspects of a sports event, players get to enjoy a deeper connection with the game they love. You can visit this site to explore exciting prop wager markets on your favorite sports.
Types of Prop Bets
There are four categories of prop bets you will find on online bookies: team props, player props, game props, and exotic props. Let’s get into what each of them means and what to expect from them.
Player Props
Player props are the type of proposition wagers that focus on the performance of individual players and athletes during a sports event. The wagers don’t necessarily have any direct impact on the eventual outcome of the game. Some examples of player prop bets include:
- Touchdown scorer
- Will a player score a touchdown
- Will a player score a hattrick
- Total points/goals a player will score
Team Prop
Team props are the wagers that revolve around the performance of individual teams in a game. Instead of betting on a particular player, you will focus on the team’s performance as a whole. For example:
- Team total points
- Team touchdowns
- Most corner kicks
Game Props
Game props are another popular form of proposition betting in the sports betting scene. Unlike the markets mentioned above, this bet form focuses on the overall gameplay. It involves different occurrences throughout the game like:
- Coin Toss Winner
- Will the total score be odds or even
- Will a game go to overtime
Exotic Props
Many sportsbooks also come with unique and exciting proposition bets commonly known as exotic props. These wagering options typically include things that have nothing to do with the game itself. For example, you can find markets on the following exotic wagers:
- Color of Gatorade bath in Super Bowl
- Celebrity in half-time sports show
- Will a streaker disrupt the match?
Live Prop Betting
Another exciting aspect of the prop bet market is that most sportsbooks also offer prop bets on live games as they unfold. This provides an even wider range of opportunities and outcomes for punters to bet on. For example, you can bet on which team will score the next goal during a sports match.
Tips for Successful Prop Betting
Below are some tips for successful prop betting:
- Research the team, players, and matchup before placing a bet
- Find the most competitive odds for your wager
- Look out for conditions like weather, injuries, etc.
- Stick with predictions that you understand
- Never bet blindly
- Practice proper bankroll management
Closing Thoughts
Prop betting brings a fresh perspective to sports betting, offering punters a unique and exciting way to engage with the sports they love. Thankfully, almost every major sportsbook covers this option. And when done right, the market can be an opportunity for significant potential wins.