Prop Betting Strategy
Welcome to our comprehensive guide on prop betting strategy. Whether you’re new to prop betting or looking to elevate your skills, we’ll guide you through everything you need to know to place successful prop bets. We’ll provide prop bets examples, explain what you can wager on, and show you the top online prop betting sites. Our expert prop betting tips will help you make informed decisions and improve your betting experience. Get ready to explore the exciting world of prop betting and take your sports betting game to the next level.
What Is A Prop Bet?
Prop betting, also known as proposition betting, is a unique type of wagering that can enhance the excitement of betting on sports events. Unlike traditional bets on game outcomes, prop bets allow you to bet on specific occurrences or performances within a game. For example, while watching your favorite football team, you might bet on whether a certain player will score a touchdown or how many yards a quarterback will throw. Prop bets are a thrilling way to engage with sports, offering a wide range of options beyond just predicting the winner. Let’s take a closer look at prop betting and how you can get started.
What Types of Prop Bets Are There?
Prop Bets are usually broken into four categories: game, team, player, and exotic. Each type of prop bet offers ways to bet on your favorite sports. Let’s take a closer look:
Team Props
These bets revolve around a specific team’s performance during a game. Team props can include betting on the total number of touchdowns scored by a team or whether a team will win by a certain margin.
An example of a team prop bet is wagering on whether the Los Angeles Lakers will score over or under 110 points in a basketball game.
Player Props
These bets focus on the individual performances of players during a game. Player props can involve betting on the number of points, assists, or rebounds a player will achieve in a game.
An example of a player prop bet would be betting on whether Cristiano Ronaldo will score a goal in a soccer match.
Expert Tip For Player Props:
For beginners to prop betting, we recommend starting with player props. These bets focus solely on individual performances, without having to consider more complicated factors like team dynamics. This allows you to concentrate on researching the skills and statistics of specific players. Once you have done your research, we suggest you start with a simple player prop bet like whether a specific player will score over or under a certain number of points or goals in a game.
Exotic Props
Exotic props are unique and entertaining bets that don’t necessarily relate to the game’s outcome. These props can include things that have nothing to do with the game play, such as the length of the national anthem at a sporting event or the color of the Gatorade poured on the winning coach.
The Superbowl is an excellent source for some examples of prop bets. For example, you could place a prop bet on which specific celebrity will be shown during the halftime show of the Super Bowl.
How Does Prop Betting Work On Different Sports?
Prop betting varies across different sports and leagues, offering a diverse range of betting opportunities. Let’s explore the prop betting options specific to various sports, along with some beginner-friendly prop betting examples:
NFL Prop Betting Strategy
In NFL prop betting, you can wager on team or player performances, game events, or even off-field occurrences.
Example: Betting on whether a touchdown or a field goal will be the first to occur in a game.
College Football Betting Strategy
Like the NFL, college football prop bets cover team and player performances, game events, and more.
Example: Betting on whether a specific college quarterback will throw over or under a certain number of passing yards in a game.
NBA Prop Betting Strategy
NBA prop bets focus on individual player performances, team stats, and game events like total points scored.
Example: Betting on whether a certain player will have a double-double in a game.
College Basketball Prop Betting
College basketball prop bets include player performances, team stats, and game events like total points scored.
Example: Betting on whether a particular team will score over or under a certain number of three-pointers in a game.
MLB Prop Betting Strategy
MLB prop bets cover player performances, team stats, game events like total runs scored, and even individual at-bat outcomes.
Example: Betting on whether a specific player will hit a home run in a game.
NHL Prop Betting Strategy
NHL prop bets involve player performances (e.g., goals, assists), team stats, and game events like total goals scored.
Example: Betting on which team will score the first goal of the game.
Other Popular Sports And Events For Prop Betting
Prop bets that go beyond traditional sports, which we covered earlier, are becoming increasingly popular. More and more people are betting on events related to various sports, as well as entertainment, politics, and pop culture events. Let’s take a closer look at some of these examples and some betting platforms where you can participate:
Soccer
Soccer prop bets cover player performances, team stats, and game events like goals scored or corners awarded. You can place a range of soccer prop bets at Bovada.
Example: Betting on whether a specific player will a specific number on shots on goal in a soccer match.
MMA & Boxing
Prop bets in MMA and boxing focus on fight outcomes, such as method of victory, round betting, or specific fighter performances. You can place a wide range of MMA prop bets at BetOnline.
Example: Placing a prop bet on whether a specific boxer will win by knockout or decision.
Esports
Esports prop bets revolve around player performances, team strategies, and in-game events specific to popular video game tournaments. For example, Everygame is a great esports betting site to place prop wagers.
Example: Betting on which team will destroy the first tower in a Call of Duty match.
Entertainment
Entertainment prop bets encompass award shows, reality TV outcomes, and other cultural events, predicting winners or specific occurrences. You can place various entertainment bets at BetOnline.
Example: Betting on the winner of American Idol.
Politics
Political prop bets involve predicting election outcomes, policy decisions, or public sentiment shifts. You can place various political prop bets at Bovada.
Example: Betting on the winner of a presidential election.
Pop Culture
Pop culture prop bets cover celebrity news, social media trends, and other cultural phenomena. You can choose from a wide selection of pop culture prop bets at BetUS.
Example: Wagering on the next celebrity to announce a pregnancy.
Can You Parlay A Prop Bet?
Yes, you can parlay prop bets, meaning you can combine multiple individual bets into one larger wager. For example, you could bet on whether a specific player will score a touchdown and wager on the total number of points scored in the first quarter. If all your individual bets within the parlay win, you win the parlay bet, often resulting in higher payouts. You can learn more about parlay betting strategies with The Sports Geek.
Here is a screenshot from one of our recommended sites, BetOnline, that shows the parlay prop bet options for the NBA:
Expert Prop Tip For Parlays:
We recommend proceeding with caution when parlaying prop bets, as they can increase the complexity and risk of your wager. Though it offers higher payouts, every individual bet within the parlay must win for the entire wager to pay out. Start with smaller parlays to manage risk and gain experience before attempting more complex combinations.
Can You Make Prop Bets On Live Games?
Yes, many of our recommended sportsbooks offer the option to make prop bets on live games, providing exciting opportunities to bet on events in real-time. For example, you can bet on whether a basketball player will make their next free throw or if a soccer team will score in the next 10 minutes. You can place live prop bets at many of our top recommended sportsbooks, such as Bovada. This screenshot shows you there is a “live” icon you can click to access the live sports betting available at any given time:
Expert Prop Tip For Live Bets:
Preparation is key when making prop bets on live games. Research the players and teams involved beforehand to equip yourself with the necessary knowledge. During the game, we suggest staying focused and observant of the momentum and developments. This combination of pre-game research and in-game awareness will help you make quick, informed decisions and capitalize on valuable betting opportunities.
How To Win Prop Bets
Prop betting strategy can greatly enhance your chances of success in wagering on specific events within sports. By understanding the how to win prop bets and using effective strategies, you can make informed decisions and increase your winnings. Let’s look at key strategies to win prop bets:
Start With A Sport Or Event You Know
Begin your prop betting journey with a sport or event you’re familiar with. Understanding the game or players will give you a solid foundation for making informed prop bets. For example, if you’re someone who is already genuinely interested in politics, it might be a good choice to consider placing a prop bet on the next political election.
Understand The Bet Types
Familiarize yourself with the various types of prop bets available, such as player props, game props, and exotic props. Knowing the differences will help you choose bets that align with your knowledge and preferences.
Look For Value In Offered Bets
Seek prop bets where the odds seem favorable compared to your assessment of the likelihood of the outcome. Identifying value bets can lead to higher returns eventually.
Consider External Factors
Consider external factors like weather conditions, player injuries, or recent team performances when evaluating prop bets. These factors can significantly impact the outcome of the events you’re betting on.
Stay Informed
Keep yourself updated on relevant news, statistics, and developments in the sports or events you’re betting on. Staying informed will help you make more accurate predictions and stay ahead of the curve.
Manage Your Bankroll
Practice responsible bankroll management by setting aside a specific amount of money for prop betting and sticking to your budget. Avoid chasing losses and betting more than you can afford to lose. Consider dividing your bankroll into betting units.
Track And Review Your Bets
Keep a record of your prop bets, including the outcomes and your reasoning behind each wager. Reviewing your bets will help you identify patterns, learn from mistakes, and refine your betting strategy over time. Tracking bets can also help you utilize betting systems, so you know when to make bets and how much money to place.
Practice Responsible Betting
Above all, prioritize responsible betting practices. Bet for entertainment purposes and avoid letting emotions dictate your wagering decisions. Set limits on your betting activity and seek help if you feel it’s becoming problematic.
If you want to increase your chances of success and have a more enjoyable betting experience, we recommend you start by using these prop betting strategies. With time and practice, you’ll be able to develop your own approach to prop betting that suits your goals and preferences.
How To Make A Prop Bet
For new sports bettors, here’s a step-by-step guide on how to make a prop bet:
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Decide on the type of prop bet you want to make, such as player props, team props, or game props. For beginners, player props focusing on individual performances are often the easiest to understand.
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Choose the sport you want to bet on. Opt for one of the most popular professional leagues, like the NFL, NBA, or MLB, as they offer a wide range of prop betting options.
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Research the available prop bets for the specific game or event you’re interested in. Take note of the different options and odds offered by various sportsbooks. You can use our odds calculator to help you out potential payouts.
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Evaluate the likelihood of each prop bet outcome and compare it to the odds provided by the sportsbook. Look for bets where you believe the odds undervalue the likelihood of the outcome occurring.
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Once you’ve identified a prop bet with favorable odds, like whether a specific player will score a touchdown in a football game, place your wager with your chosen sportsbook. Enter the amount you want to bet and confirm your selection before finalizing the bet.
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Keep track of the game or event to see how your prop bet unfolds. Whether it’s tracking player performances or game events, stay engaged and enjoy the excitement of prop betting in action.
Where To Make A Prop Bet – The Sports Geek Recommends:
BetUS Top Betting Site For Props
If you are new to prop betting, then BetUS is our top pick for you. They offer a range of resources and expert insights to help beginners start prop betting. BetUS provides beginner guides, game previews, sport-specific articles, and expert insights in the “Locker Room” section, offering valuable betting tips. The “Odds Boost” section aids in understanding strategies, while BetUS TV provides expert analysis. Accessing prop bets is easy; just click “prop builder” in the sportsbook. The types of prop bets available may vary depending on the sport you are interested in placing a prop bet on.
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Prop Betting Strategy: Key Takeaways
Our expert prop betting guide has offered effective strategies for beginners. There’s a wide variety of prop bets to explore in sports, entertainment, or politics. Remember, starting with a sport or event you’re already familiar with is helpful. It’s important to keep yourself updated on relevant news, statistics, and developments in the sports or events you’re betting on. BetUS makes it easy to stay on top of your favorite prop betting events with its valuable resources and expert insights in the Locker Room section. By implementing these strategies, you can create your own successful prop betting approach and take advantage of exciting prop betting opportunities.
