Prop Bets Explained: What They Are, How They Work & Strategy Tips
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What Are Prop Bets?
Proposition bets, commonly called "prop bets," are wagers on specific events or outcomes
within a game that don't necessarily relate to the final score. Instead of betting on who wins,
you're betting on individual performances, milestones, or game occurrences. Will Patrick
Mahomes throw for over 275.5 yards? Will LeBron James score the first basket? These are
prop bets, and they've become one of the most popular ways to bet on sports.
Prop bets come in three main categories: player props (individual statistics like points,
yards, or rebounds), team props (team-specific achievements like total touchdowns), and
game props (broader events like "will the game go to overtime?"). The beauty of props is their
variety—you can find hundreds of options for major sporting events, especially
championships like the Super Bowl or NBA Finals.
How Prop Bets Work
Prop bets function like traditional bets with odds attached to each outcome. For player
props, sportsbooks set a line (like "Travis Kelce Over 6.5 Receptions"), and you choose over or
under. The odds typically sit around -110, meaning you risk $110 to win $100. For yes/no
props (like "Will there be a safety?"), one side usually carries plus-money odds due to its
unlikelihood, while the other is heavily favored.
Each prop bet stands alone—you can bet multiple props from the same game, and they
settle independently. If you bet Mahomes over 275.5 passing yards, it doesn't matter if his
team wins or loses; only his yardage total counts. Most props settle based on official league
statistics at game's end.
Advantages of Prop Bets
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Focus on What You Know
Props let you leverage specific knowledge. If you're an expert on a particular
player's matchups or trends, you can capitalize without predicting the entire
game outcome. -
Lower Variance
Unlike game spreads affected by garbage-time scoring or late-game
collapses, many props settle earlier and avoid meaningless final-quarter chaos. -
Entertainment Value
Props keep you engaged throughout the game. Every reception,
yard, or basket matters, making even blowouts exciting when you've got action on specific
players. -
Find Value
Sportsbooks can't price hundreds of props as sharply as main markets,
creating opportunities for informed bettors to find favorable odds. -
Flexible Betting
Whether you've got $5 or $500, props accommodate any budget and
let you build a customized betting portfolio across multiple games and players.
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