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A proposition bet in sports betting are more commonly known as a “prop bet.” This kind of betting is very popular overseas. It is now one of the fastest-growing segments of the sports betting industry in the United States. The growth of prop betting at online sportsbooks is evolving and constantly changing as new legal betting states open up new kinds of opportunities.

Some prop bets may sometimes appear to be similar to futures bets. The difference between the two bets is that a prop bet is a wager on an individual player or specific event. However, the majority of prop bets at a sportsbook are on individual players and not the entire team during a game. Both opportunities may be available depending on the game.

Prop bet search tool

Looking for a player or team to bet on in any sport? Use our search tool below to find the different ways to bet, along with the best available odds at sportsbooks in the US.

Prop betting origins

Prop bets became popular in the United States with the Super Bowl. The specific explosion of prop betting started at the Westgate in Las Vegas (previously known as Las Vegas Hilton). The team at the Las Vegas SuperBook was the first Nevada sportsbook operator to offer a large number of prop bets for an individual game.

Today, all sportsbook operators in Nevada offer hundreds of Super Bowl prop bets, and online sportsbook operators in New Jersey(like DraftKings Sportsbook pictured above), Pennsylvania and more legalized states have followed.

Prop betting started modestly with the Super Bowl but continues to grow. Some sportsbook operators offer prop bets every week during the pro football season. Fewer sportsbook operators offer prop bets every day for other sports. The evolution of prop betting in United States sportsbooks is taking the wagers off the field.

Types of prop bets

MLB

Common prop bets placed on the MLB include the most common stats like ERA, home runs, stolen bases, strikeouts, hits, RBI, and others. These props can include individual game performance, performance over a specific period (a month, playoff series, etc.), or performance over the course of an entire season (regular, post, or both).

NFL

NFL props come in two common variations– per game and total. The most popular props for the NFL are player props like touchdown passes, rushing yards, receptions, interceptions, etc. However, these can also fall under team props like rushing yards allowed per game, turnovers, and passing efficiency. Obscure props are popular mostly during Super Bowls but can range from penalties to the color of Gatorade used by the winning team.

NFL Passing Props
NFL Rushing Props
NFL Receiving Props

NBA

Popular props bet on in the NBA include common statistics like points, rebounds, blocks, assists, and turnovers per game; as well as metrics like shooting percentage, three point attempts, and fouls per game. Team props can include shooting percentages, points in the paint, and free throw attempts. Like the NFL and MLB, these can range from an individual game to over a period of time (series, season, etc.).

NHL

The most common prop bets on the NHL include goals, saves, and assists; other statistics like penalty minutes and ice time are popular bets, as well. First player to score a goal, team assist numbers, and faceoff wins are more obscure yet accessible bets to make over an individual game, week, series, or season.

College football

College football prop bets closely mirror NFL props in stats (passing yards, tackles, etc.), but often see more extreme totals. For example, Memphis might have a higher over/under in yards per game than, say, the Buffalo Bills, due to a wider talent gap in college.

College basketball

College basketball prop bets also closely mirror the NBA props in stats (points per game, steals, etc.). Unlike college football, college basketball sees a decrease in props related to game performance (example, a player or team’s points per game are projected to be lower than NBA due to talent gaps). When betting on NCAAB prop bets on team totals, it’s important to remember that college basketball plays under 40 games per regular season, whereas the NBA plays 82.

Exotic prop bets

Exotic prop bets are only offered by some sportsbooks around the world. These non-traditional prop bets are not necessarily based on activities that take place during a game. The most popular of these exotic prop bets, such as the length of the national anthem or the coin toss results, happen during the Super Bowl.

These props can be as outlandish as the sportsbook operator wants them to be. They usually take place during the most publicly popular events such as a Royal Wedding in the United Kingdom or who will play a specific role in a movie series.

While they may be fun, most of these kinds of exotic proposition bets are not legal in America. This could change in Nevada and in other states that may legalize sports betting.

Personal prop bets

Proposition betting doesn’t only take place in a sportsbook. Bets with a friend for random activities also fall into the category of a prop bet. For example, a bet that a friend can’t finish 40 pushups during a game of poker might be considered a personal prop bet between friends.

MLB betting odds have been released and pitchers and catchers are reporting to Spring Training. While it is a long season – I find it fun to bet on teams so you can be a fan throughout the year. However, there is very little value on these types of bets.

It is important to recognize that sportsbooks will always take expected (implied) odds to equal more than 100% no matter what. This is to say, the implied probability for all these bets between 30 teams will equal over 100%.

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While futures bets are often juiced by sportsbooks – that does not mean that value cannot be found. These types of bets typically are found in divisional props, player props, and championship props.

Below we look at the World Series odds and the best bet for the season.

2021 MLB World Series Odds

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The best odds have come and gone for this bet it appears. I have the Mets to win the World Series because I am a homer and got it at +3000 but there is little value at its current price.

The White Sox are badly overrated and unproven at this point, so that will not get a preseason bet from me. If I had to make a bet, the Atlanta Braves at +1200 good value on William Hill Sportsbook – their roster is one of the best in baseball.

MLB Futures Best Bet

AL Central Odds

The Chicago White Sox win total is projected at 91.5 which is incredibly high for a young team like this. They are expecting Luis Robert to walk into the league and dominate from the beginning. As we have seen from Vlad Guerrero Jr., young kids do not often come into the league dominating.

Furthermore, the Twins are projected to 88.5 wins putting them well within possibility. Should Robert struggle more than most expect, I believe that alone is worth a win or two. The Twins are consistently one of the better teams in the AL Central and the White Sox are simply too young for me to buy into their short-season successes.

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AL Pennant Value?

A longshot bet that I like is more of a lean than anything. The Houston Astros are +1000 to win the American League which I think is excellent. Aside from losing George Springer, I believe that the Astros made enough request moves to contend in the American League.

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While both the Yankees and White Sox are excellent teams – they are not at the level of the Dodgers. This leads me to believe that this league is up for grabs. Of course, A lot will depend on who wins the battle at the trade deadline but the Astros have an excellent opportunity this year.