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What is a prop bet? Prop betting explained

13 Apr | BY Betway | MIN READ TIME |
What is a prop bet? Prop betting explained

What is a prop bet in sports betting? This guide explains what prop betting is, how it works and how you can place a prop bet.

What is a prop bet?

A proposition bet, more commonly known as a prop bet, is a wager made on the occurrence of a specific event within a game.

Prop bets are not tied to the final score or final outcome, but instead allow you to bet on more specific aspects of sport.

Most markets offered on a sportsbook are prop bets – basically any market other than win/draw/win, moneyline, point spread, and goal/point totals is a prop bet. 

What is a player prop bet?

Player props are one of the most popular forms of prop betting.

Player prop markets allow you to bet on the performance of certain players within a game.

So, you could bet on a basketball player scoring a certain number of points, a baseball player hitting a home run, or a hockey player scoring a goal.

How does prop betting work?

Prop bets are very simple to understand.

When making a prop bet, you are usually presented with two different options – yes or no, Team A or Team B, over or under – depending on the bet.

Simply select the option you want to back to place your prop bet.

An example of a prop bet

The most common example of prop betting is player props.

Player prop betting allows you to bet on the performance of particular players in a game.

For example, if you’re betting on basketball, you can bet on the number of points a player is going to score.

Say you are betting on Los Angeles Lakers v Boston Celtics, and you think LeBron James is going to score a lot of points.

The sportsbook will usually set a value, for example 20.5 points, and will give you the option to back over or under that mark.

Simply select the over option to back James to score more than 20 points in the game.

Do prop bets include overtime?

Most prop bets placed before a game will include overtime, but not all.

Be sure to check the terms of the market before placing a bet if you are uncertain.

Visit Betway’s NBA betting page.