With the results now in of Mike Noori’s prop bet to eat $1,000 of McDonald’s in just 36 hours, Paul Phua lists five more poker prop bets that were even crazier In the first part of my top 10, I wrote that poker player Mike Noori would be attempting to eat $1,000 of McDonald’s food in just 36 hours for a prop bet. Sports bets (especially prop bets on Tim Tebow) If you're playing poker in a casino in Nevada, chances are pretty good that the sportsbook isn't too far away, so it's pretty easy to plunk down a few bucks on a game that you'll be able to watch on one of the big screens.
Prop bets are a great way to add even more excitement to sports betting. Entertainment value has always been a big selling point with prop bets. However, many people are surprised at the amount of profit potential they have, especially when it comes to a long-term sports betting strategy.
Sports bettors who win with prop betting have the ability to differentiate between entrainment bets and skilled bets for profit. Here, we're going to look at the latter, along with the different kinds of prop bets available, and where you can get started with a risk-free bet.
Prop bets allow you to place a wager on events that occur within an individual game or entire season. These bets aren't concerned with the overall result, as spread betting and the money line take care of that. Instead, you’re looking to bet on statistics, individual performances, or lighthearted propositions that aren’t even related to the game, e.g. “will the announcer tell us where he went for dinner last night?”.
Individual sportsbooks offer different prop bets with regards to what you can bet on. Having said that, there are a number of standard bets that are always available. Prop bets like whether the star player will score a touchdown/point, etc., or who will score first, are almost unanimous across all sportsbooks.
Because there are so many different kinds of prop bets, there isn’t really one standard way of presenting the odds. However, one thing always remains true in a prop bet, and that’s that they are usually an “a vs b” or “yes or no” proposition. So the line is always easy to understand. For example, there might be a proposition bet on how many touchdowns Tom Brady will throw for in the AFC Championship Game. The sportsbook will either leave it as a “yes or no” outcome or set a total. It might look like the following.
Tom Brady Total TD Passes In AFC Championship Game: |
Over 1.5 (-105) |
Under 1.5 (-120) |
The prop bet could be even simpler, such as “will Tom Brady score a touchdown in the AFC Championship game?” In this case, you would choose “yes” or “no”.
Here's another example, this time from an MLB game.
New York Mets vs New York Yankees | Team winning after first inning: | |
10:05 PM | 447 New York Mets | +110 |
448 New York Yankees | -140 |
Whether you win this prop bet or not depends more on your knowledge of baseball rather than luck. Of course, these odds suggest that the Yankees are the far better team in the first innings. However, there may be other reasons for the sportsbook making them the favorite, like the fact that they're playing at home, or have a better overall record. By studying other factors, such as form, you may decide that the odds offered for the Mets are worth a bet.
There’s a wide variety of prop bets available on almost any sporting event at sportsbooks like FanDuel and FoxBet. Here are some of the most common prop bets you can expect to find.
While almost all sportsbooks offer prop bets, and many offer free bets for new customers, Oddschecker recommends FanDuel and BetMGM. Not only are these two of the most reputable sportsbooks in the industry, but they also make it really easy to get started, thanks to their generous welcome offers. When you make your first bet with FanDuel, they have you covered by refunding your first bet up to $500 if you lose. So it’s 100% risk-free. They will credit your account so you can place more bets, making prop betting even more fun. BetMGM makes the same offer and also has a nice range of prop bets available, so you might want to look at both FanDuel and BetMGM to find the right prop bets for you.
Oddschecker provides an odds comparison service so you can see all the odds, offers, and promotions from every single sportsbook in one place. They also provide free picks and analysis across every single sport. This means that at Oddschecker, you will always be able to see the best NFL odds and picks the market has to offer.
Offers available in New Jersey only. 21+
What can I make a prop bet on?
There’s are no limits as what prop bets can entail. You can bet on anything from the coin toss in an NFL game to the last player to score a touchdown. Check in with your favored sportsbook regularly to find out what prop bets are available.
How are prop bets paid out?
Prop bets are paid just like any other bet. Typically, each side of a prop bet has an equal payout in order to encourage betting on both sides.
Where did prop bets come from?
Prop bets initially became popular as a reaction to the excitement of the Super Bowl, with the first touchdown scored being among the first prop bets offered. The popularity of prop bets continues to grow, as most sportsbooks offer these kinds of bets for NFL games, as well as the NBA, MLB & NHL.
In gambling, a 'proposition bet' (prop bet, prop, novelty, or a side bet) is a bet made regarding the occurrence or non-occurrence during a game (usually a gambling game) of an event not directly affecting the game's final outcome.
Proposition bets in sports are differentiated from the general bets for or against a particular team or regarding the total number of points scored. Traditionally, proposition bets can be made on outcomes such as the number of strikeouts a pitcher will accumulate in a baseball game, whether a non-offensive player will score in an American football game, which team will score the first points of the game,[1] the discipline record of teams in a match, the timing of certain events, the number of specific events per team or in the entire match, realistically any statistically discrete event contained in a match or game could be bet on.
Fixing part of a match for a certain result in a proposition bet is called spot-fixing.
There are a wide range of events or outcomes commonly bet on, including:
Some jurisdictions do not allow casinos to offer any type of non-sport related proposition bets,[4] but these kinds of prop bets can often be found online.
Less commonly, 'proposition bet' (in this context also 'one-of-a-kind bet') denotes a dare for money. The bet is on whether the 'dared' person will make a given event happen. If the 'dared' person accepts the bet, he will collect if he succeeds or pay if he fails.
For an example detailed in the book The Professor, the Banker, and the Suicide King, David Grey once bet Howard Lederer, a professional poker player who became vegetarian following gastric bypass surgery, $10,000 that Lederer would not eat a cheeseburger. Lederer accepted the wager, ate the cheeseburger, and won the bet.
Spot-fixing is an illegal activity where a person involved in the game takes steps to ensure a certain result for a proposition bet. Instead of fixing an entire match, or shaving points, spot fixing can be done with as little as one player, and can involve ensuring a certain outcome on only a single play, and may be completely unrelated to the points/results in a game.
Examples include Matt Le Tissier attempting to fix the time of a throw-in by kicking it out immediately after the game started,[5] or Ryan Tandy attempting to fix the first point scored method in a rugby league game, failing after the opposition decided against kicking a penalty goal and instead scored a try.[6] Multiple cricket players on teams at all levels of the sport have also attempted to fix events, such as the number of wides or no-balls in an over or the number of runs scored.
The fact that these minor events often contribute a minor or non-existent impact on the score or result of a game makes recruiting players for spot fixing an easier attraction than attempting to fix an entire match that may consist of dozens of players.