What Prop Bet (Proposition Bet) means
A prop bet is any wager on a specific occurrence within a game that isn't directly tied to the final score or margin - a player's rushing yards, whether the coin toss lands heads, the number of three-pointers made, and so on. Props range from serious, heavily-bet markets (like anytime touchdown scorer props) to novelty markets around events like the Super Bowl (like the color of the Gatorade dumped on the winning coach), and they generally carry higher vig than core markets like spreads and totals because of thinner betting volume and greater outcome variance.
Key points
- A prop bet is any wager on a specific occurrence within a game that isn't directly tied to the final score or margin - a player's rushing yards, whether the coin toss lands heads, the number of three-pointers made, and so on.
- Props range from serious, heavily-bet markets (like anytime touchdown scorer props) to novelty markets around events like the Super Bowl (like the color of the Gatorade dumped on the winning coach), and they generally carry higher vig than core markets like spreads and totals because of thinner betting volume and greater outcome variance.
Example and context
Props range from serious, heavily-bet markets (like anytime touchdown scorer props) to novelty markets around events like the Super Bowl (like the color of the Gatorade dumped on the winning coach), and they generally carry higher vig than core markets like spreads and totals because of thinner betting volume and greater outcome variance.
Related glossary terms
These terms sit in the same part of the betting vocabulary and are useful to read next.
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