All You Need to Know about: Prop Betting

Types of Prop Betting Odds

Prop bets odds are similar to the betting odds people find on other sports bets. Your selected sportsbook will allow you to view your prop bets in Fractional, Decimal or American odds formats. There are many kinds of Prop Bets out there, opening up possibilities for some very intriguing and unconventional sports bets. However, Prop Bets can be narrowed down into three main categories: Game Props, Player Props and Novelty Props. Let us take a deeper dive into each of these types:

Game Props

Game props focus on how an individual performs and is tied to team-based performances. It can be something as simple as selecting which MLB team will hit a home run first to choosing which team gets 10 points faster. This kind of prop tends to focus on over or under situations, moneyline examples, and can include yes or no situations.

Player Props

A player prop is as to the point as it sounds. This is a type of prop bet that is based on a specific player's performance, statistics or outcome. It can range from how many touchdowns a quarterback will throw, to the number of assists a starting point guard will end with. Most of the time, player props incorporate a total with an over and under.

Novelty Props

Novelty props are popular during big sporting events, such as the Super Bowl, and are known to be the most interesting kind of proposition in sports betting. Most of the time, these prop bets have nothing to do with the game itself. Instead, they focus more on unique moments, including coin tosses, halftime performances and everything in between. An example of this is predicting the colour of the energy drink that will be dumped on the winning coach. Another popular novelty prop bet involves wagering on how long the National Anthem will be prior to the game. However, most sportsbooks usually have lower limits on novelty props compared to other prop bets.

Other Prop Betting Options

Team Props

Team props are known to be very similar to game props. However, the former's focal point is just one team rather than both. An example of a team props includes picking a team that will lead at halftime during the Super Bowl.

How to Prop Bet on Sports Online

1. Sign in to your sportsbook operator account.
2. Select the right category from the drop-down menu. This includes popular sports like basketball, football, and boxing, which are all enjoyed by Filipino players.
3. When you are getting ready to make a wager, one of the most important things that you should do is research the options. You want a wager you have some knowledge about or have done your research on.
4. Take the time to do your homework. You should research every aspect of your prop bet to make the most appropriate choices.
5. Limit your wagers. If you're betting on numerous players, handicapping your alternatives will help you choose the best one.
6. Add the bet to your list of wagers. Before you can place your bet, most sites need you to add that specific bet to your list. However, some will allow you to go ahead and put in an immediate wager.
7. Next, you choose a wagering amount.
8. Finally, place your bet and submit it!

Unique Features of Popular Prop Betting Software

Just as there are plenty of sports and players to choose from when you are looking to place a bet, there are also many different popular sites to choose from that have unique offerings. Here are some of the unique features that can be offered to a bettor:

Bonus Offers for Filipino Bettors

The bonus offers on popular Prop Betting software are often less restrictive and have fewer regulations than alternative sportsbooks. These sites may also offer bonuses more frequently.

Better layout

Popular Prop Betting sportsbooks have more modern layouts and are easier to navigate. They may contain the latest technology - making the user experience much more enjoyable.

Wide variety

Popular Prop Betting software often has more of a variety of sports and additional events on which bettors can place their bets.

How to Pick the Best Online Prop Bet Site

As previously mentioned, a bettor's experience will depend on their choice of an online sportsbook. Selecting the best online Prop Bets sites is critical to ensure players minimize risk and have a positive experience while gambling. Here are six key things to look out for when making your selection:

Bonuses

You want to ensure that the Prop Bet site you select has the best bonus offers. The type and number of bonuses differ from one sports betting casino to the next.

UX Experience

Bettors want to ensure that their chosen Prop Bet site has modern layouts, the latest technology available and is easy to navigate. This will make the user's experience more positive and enjoyable.

Wide Variety

More sports to bet on means more fun! You want to look out for online Prop Bets sites that offer a wide variety of sports and additional events on which bettors can place their bets.

Licensed By Trusted Body

You want to ensure that the online Prop Bet site can be trusted and will follow regulations. This can be established by being licensed by trusted bodies such as the Malta Gambling Authority, the United Kingdom Gambling Commission, or the Swedish Gambling Authority.

Different Sports to Prop Bet on

Generally speaking, prop betting is one of the most popular forms of sports betting out there. However, not all sports props are the same. Let us take a look at the variations of sports to prop bet on:

American Football

This is one of the most sought after sports when it comes to prop gambling. The NFL is known to attract more wagers than any other professional league. There may be multiple variations of a single NFL prop bet. However, this depends on the sportsbook site. NFL prop bets can be:

• Touchdowns
• Pass attempts or completions
• Passing or receiving yards
• Total receptions
• Rushing yards

Baseball

Props bets in baseball are a little more limited but still popular among bettors. The most popular props are pitcher strikeout totals and yes or no markets for individual hitters to get a home run. Examples of MLB prop bets include:

• How many strikeouts will a certain player throw?
• Will a certain player steal a base?
• How many hits will a certain player have?
• Which team will score two runs first?

Basketball

After the NBL, the NBA is known for having the second most props to pick from. There are countless opportunities to wager on basketball props. This is mostly because there are numerous games played. Here are the most popular basketball prop bets:

• Points
• Rebounds
• Assists
• Steals
• Blocks
• First basketball scorer
• Three-pointers
• Double-doubles
• Triple-doubles
• Winning margin

Football

Football or soccer is another popular sport with great leagues that provide exciting prop betting opportunities. Many sportsbooks offer football prop bets. Here are popular examples of soccer prop bets including:

• First team to score
• Player to score the most goals in the match
• Player to make an assist
• Yellow or red cards

Hockey

NHL prop bets are also available on various sportsbooks, but may be hard to find. When a person can find a sportsbook that has NHL props available, here are some popular bets they can place:

• Player to be credited with +1 total assists
• Player to be credited with +1 total points
• Both teams score
• Method of victory
• Penalty minutes
• Goalie saves

Prop Betting Tips and Tricks for Success

While this form of betting can be lots of fun, there may be learning curves if you are new to it. If you want to be successful with Prop Bets, it is imperative that you are well rehearsed. Here are three tips and tricks for a successful sports betting experience:

Do your homework

It is crucial that you take the time to do your research on the various teams you will be gambling on. This will help you determine which props are most likely to play into those outcomes. Basically, you need to learn what makes teams tick and how to apply this information to the prop odds. The internet is a virtually infinite data well. The number of bloggers, vloggers, websites, journalists, data analytics, etc is vast. But, not every source has valuable insights. This is why it is important to spread your view, be objectively critical, and keep track of your sources.

Manage your money

Prop bets can be very attractive. With so many props available, players might become excited about the number of bets that can be placed. During major sports events, you might be tempted to take it a notch higher. However, it is advisable that players do not bet based on emotions. The correct way to go about prop betting is to set aside a portion of your money spent specifically on betting and divide out your props.

The more sportsbooks the better

It is never a bad idea to have numerous betting sites on hand. This is especially the case when it comes to prop betting. Bettors will find that odds will be comparable from one sportsbook to the next, while prop odds will vary greatly. We recommend that players look for props that support their point of view.