These are prop bets based solely on a player’s performance during a game. Now that you know what prop bets are, let’s take a look at the different types of prop bets that can be placed at sportsbooks. This makes it so that as a whole, the sportsbook makes money no matter which outcome occurs.

This means that both outcomes on a prop bet usually have minus odds. This is especially obvious on prop bets as due to their mostly even odds, anything could happen. They do this as it’s how they make money. This is because sportsbooks add an edge on these odds known as the vig. Usually, the odds for prop bets aren’t great. The interesting nature of these bets and the complete luck that is required to win are what makes them so attractive to sports bettors.

These bets are extremely popular on big games, as they have lots of unique bets that can be placed. This can be player specific, game specific, team specific or an exotic prop bet. Prop Betting ExplainedĪ prop bet is a wager on a specific action occuring during a sports game. The Super Bowl is notorious for having a huge range of prop bets such as the gatorade dunk color and the coin toss. They cover both team and player specific actions and also unconventional bets that wouldn’t normally exist in most games. Prop bets are one of the most exciting wagers in the sports betting industry.

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Where to place prop bets