Prop bets, short for proposition bets, have become an exciting aspect of sports betting. Unlike traditional bets focused on the game's final outcome, prop bets allow you to wager on specific events or occurrences within the game.
These bets add an extra layer of excitement and engagement for bettors, whether seasoned or casual. Initially starting as an American way of betting, the United States has around 25 million bettors across the country, and while not all states are regulated, the likes of Nevada and Illinois have become havens for those looking to place bets and visit some of the best land-based casinos in the world.
On top of this, the wide variety of sports in the USA, including American Football, basketball, hockey, and baseball, mean there are a variety of opportunities for different prop bets.
The method is accessible worldwide too, with the iGaming industry’s range of sportsbooks integrating prop bet bonuses to attract players watching sports across the UK and Europe.
In this article, we will explore what prop bets are, how to use them, the different types available, why they are so popular, and how they vary across different sports. Read on to find out more.
What is Prop Betting?
Prop betting refers to placing wagers on specific aspects of a game or event that are not directly related to the final score.
These bets can cover a wide range of occurrences, from individual player performances to specific events happening during the game. For example, you might place a bet on how many touchdowns a particular player will score, the total number of points in a quarter, or even non-sporting events like the length of the national anthem at the Super Bowl.
The diversity of prop bets makes them a favourite among bettors who enjoy the thrill of predicting various elements of a game beyond just the outcome, and a lot of the side bets have been integrated into top US sportsbooks.
How to Use a Prop Bet
Using a prop bet is a straightforward process that can significantly enhance your betting experience. First, choose a reputable sportsbook that offers a wide array of prop bets.
Most major sportsbooks provide extensive prop bet options, especially for popular sports and high-profile events. Once you have selected your sportsbook, browse through the available prop bets. These are typically listed under a separate category and cover various scenarios.
Understanding the Different Types of Prop Bets
Prop bets come in various forms, each offering unique ways to engage with the game. One common type is the player prop bet, which focuses on individual player performances.
These bets are also a great for those who pay close attention to the game's flow and dynamics, utilising their specific player knowledge - such as Lebron James ability to hit three-point throws or Cristiano Ronaldo’s chances of scoring a free kick.
Novelty props often relate to major events and include a wide range of quirky bets. These are particularly popular in the UK, with bookmakers Paddy Power one of the best sportsbook for entertaining bets during big matches. Some of their examples have included both managers of two different sides to be wearing suits, fans to invade the pitch, which team wins the coin toss, and if the national anthem will last over or under a specific amount of time.
Why Are Prop Bets So Popular?
The popularity of prop bets can be attributed to a range of different factors. One of the main reasons is their entertainment value.
The variety of prop bets available is another significant factor. With so many options, there is something for everyone. Whether you are interested in individual player stats or unusual game occurrences, prop bets provide endless possibilities for making the game more interesting.
Accessibility also plays a crucial role in the popularity of prop bets. They are relatively easy to understand and place, making them available to both novice and experienced bettors, helping the iGaming industry bridge the gap between casual players and more experienced visitors of casinos and sportsbooks.
Prop Bets Across Different Sports
Prop bets are available across virtually all sports, each with its unique set of options. In football, common prop bets include wagering on the first player to score a touchdown, the number of sacks in a game, or the total passing yards by a quarterback. These bets focus on key moments and player performances that can change the course of the game.
In basketball, popular prop bets include betting on the total points scored by a player, the number of three-pointers made, or the first team to reach a certain number of points. These bets allow fans to focus on the fast-paced and high-scoring nature of the sport.
In Premier League football particularly, common prop bets include betting on the first goal scorer, the total number of corner kicks, or whether there will be a red card in the match, and with international football tournaments this summer including the Euros, Copa America and the 2024 Olympics, there are a variety of unpredictable results to look at.
Overall, prop bets offer a dynamic and engaging way to participate in sports betting. With a wide variety of options and the ability to bet on specific events within a game, they add an extra layer of excitement for fans and those who aren’t particularly interested in a fixture, but are enticed by the betting elements and the thrill of winning that come with it.
