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A Guide to Prop Betting

There are many ways for you to earn more from sports betting. You can go and learn how to open a sportsbook, or you can learn how to bet on sports. Either option does require you to learn everything you can about sports betting. So today, we are giving you a basic guide to Prop Betting.

Prop bets are proposition bets, which are wagers that focus on segmented parts of a game. This means prop bets are most likely to be wagers on team o individual performances, or other events during an event.

As a pay per head bookie, you need to know how prop bets started. Proposition bets started back in the 80’s in the Super Bowl XX. This was when bookies in Las Vegas, Nevada took wagers on Chicago’s William Perry. The wager: Will the Refrigerator score a touchdown?

Guide to Prop Betting

A Guide to Prop BettingThis type of wager quickly gained traction and soon became one of the most in demand wager types in sportsbooks. It became a staple in Super Bowl betting, then spread to other football events, as well as games outside of football.

Prop bets can be game prop bets, which are bets made on halves, quarters, innings, or something similar like the first team to score 10 points and the like. You can do team props, which are specific to a team’s performance. Player props are a bit more complicated because you are looking at specific athletes. An example would be the first player to score a touchdown in a specific NFL game.

You also have exotic props, which are the fun wagers. These can range from wagers on the color of Gatorade used in a game, to which movie will win Best Picture at the Oscars, and even wagers on the elections. So make sure you know the latest gambling news so you can offer the best prop betting options in your sportsbook.

 

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