Understanding Prop Bets: Your Guide to Team and Player Side Bets in Sports

Understanding Prop Bets: Your Guide to Team and Player Side Bets in Sports

By Michael Harrison

November 19, 2024 at 07:26 PM

A prop bet (proposition bet) is a wager on a specific event within a game that isn't directly tied to the final outcome. These bets focus on individual or team performances rather than traditional spreads, moneylines, or over/unders.

Team Props:

  • Bets on specific team performance metrics
  • Examples: Team total points, runs scored, defensive stats
  • Useful when confident about one team's performance but uncertain about the overall game
  • Example: Betting Ohio State's team point total rather than the full game over/under

Player Props:

  • Wagers on individual player performance
  • Examples: Touchdowns scored, home runs hit, three-pointers made
  • Often provide better winning opportunities due to statistical advantages
  • Key insight: Players typically perform below their average more than 50% of the time, making unders potentially profitable

Specialty Props:

  • Fun, casual bets often seen during major events
  • Example: Super Bowl halftime show song selections
  • Can include both team and player-specific elements
  • Popular for entertainment value and social betting

Tips for Prop Betting:

  • Stay informed about news and projections
  • Understand the difference between mean and median projections
  • Look for statistical inefficiencies in the betting markets
  • Focus on props where you have strong conviction

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