Picks And Parlays
Where The Odds Are In Your Favor
What is a Prop Bet?
What is a Prop Bet? Written by Mitch
What is a prop bet?
Prop bets are wagers on things which may or may not happen within the
game but aren’t necessarily relevant to the outcome of the game being
played.
What are some examples of what would be considered a prop bet?
There are many kinds of prop bets that are offered and the bigger the
game the larger the amount of the assortment of prop bets. A prop bet can
be based on something as arbitrary as who is going to win the coin toss to
what player will score the first touchdown of the game. It can be how
many yards a particular player will run or receive for; these are usually in
an over/under format or they can be done on several levels as number
ranges. Each different type of prop bet is handled differently. Usually, on
the over/under or in the case of a scenario like will a particular player
accomplish a certain feat or won’t they,odds are assigned to each side
based on perceived probability. In the case of what player will score the
first touchdown there are odds assigned to about 8-10 different players
(about 5 from each team) and the rest of the remaining players are
usually grouped into one heading called the field. Once again just like all
other types of wagers and betting lines the lines adjust as the wagers
come in but once a wager is placed it is locked into whatever the odds
were at the time the wager was placed. There is really no limit as to what
sports books and casinos can take wagers on when it comes to prop bets
and it’s usually fun to at least take a look as to what is being offered.
A quick recap of prop bets
Example 1:
The team that will win the coin toss will be:
Alaska State -110
Wyoming Tech -110
At this point in this reading the above example should appear very
straightforward to you. In a nutshell, you are just picking who you feel
will win the coin toss to begin the game.
Example 2:
Who will score the first touchdown of the game between Alaska State
and Wyoming Tech?
M. Jagger 5-1
K. Richards 9-1
C. Watts 14-1
B . Wyman 12-1
R. Wood 7-2
Field 8-1
In the above example it just lists a few players playing in a game (an
actual game may have many more players listed) and a field option for
those players not listed. To the right of their names we see odds that
correlate to that specific player being the one who accomplishes the feat
described, which in our example is scoring the first touchdown of the
game. Almost all prop bets are graded after the completion of the entire
game.
