How to Bet on Prop Bets: A Complete Beginner's Guide

What are Prop Bets?

Prop bets, short for proposition bets, are wagers on specific events or outcomes within a game that are not directly tied to the final score or outcome of the game. These bets can be on individual player performances, team statistics, or even events that happen during the game. Prop bets add another layer of excitement to sports betting and offer a wide range of creative and entertaining wagering opportunities.

Basic Rules and Format

The basic format of a prop bet is a yes/no question or an over/under on a specific statistic. For example, a prop bet could be "Will Player X score a touchdown?" (Yes/No) or "Will Team Y have over or under 2.5 sacks?" (Over/Under). The odds for each side of the prop bet are set by the sportsbook.

Types of Prop Bets

Prop bets can be broken down into several categories:

• Player Props: These are bets on the statistical performance of a single player. Examples include:

  • Over/under on a quarterback's passing yards.
  • Over/under on a basketball player's points, rebounds, or assists.
  • Will a specific soccer player score a goal?

• Team Props: These are bets on the statistical performance of a team. Examples include:

  • Over/under on a team's total rushing yards.
  • Which team will score first?
  • Will the game go into overtime?

• Game Props: These are bets on events that happen during the game that are not necessarily tied to a specific player or team's performance. Examples include:

  • What will be the result of the opening coin toss?
  • Will there be a safety in the game?
  • What will be the length of the longest field goal?

• Novelty Props: These are fun and entertaining bets that are often associated with major events like the Super Bowl. Examples include:

  • What color will the Gatorade be that is dumped on the winning coach?
  • How long will the national anthem take to sing?
  • Who will be the MVP of the game?

Step-by-Step Guide to Placing a Prop Bet

1. Find a Sportsbook: You will need to have an account with a sportsbook that offers prop bets.

2. Choose a Game: Select the game that you want to bet on.

3. Find the Prop Bets: Navigate to the prop bets section for the game you have chosen.

4. Select a Prop Bet: Browse the available prop bets and choose one that you want to wager on.

5. Choose Your Side: Decide which side of the prop bet you want to take (e.g., yes/no, over/under).

6. Enter Your Wager: Enter the amount of money you want to bet.

7. Place Your Bet: Confirm your bet and it will be placed.

Common Mistakes to Avoid

• Betting on Too Many Props: It can be tempting to bet on a lot of different props, but it is important to be selective and only bet on the ones that you have a good feeling about.

• Not Doing Your Research: Just like with any other type of sports bet, it is important to do your research before placing a prop bet. Look at player and team statistics, as well as any other relevant information.

• Chasing Losses: If you lose a few prop bets, don't try to win your money back by placing more bets. Stick to your budget and bet responsibly.

Tips for Beginners

• Start Small: If you are new to prop betting, start with small wagers to get a feel for how it works.

• Focus on a Niche: It can be helpful to focus on a specific type of prop bet or a specific sport that you know well.

• Shop for the Best Odds: Different sportsbooks may offer different odds on the same prop bet, so it is worth shopping around to find the best value.