A proposition bet, or simply a prop bet, is a type of wager on virtually anything other than the traditional betting on the moneyline, point spread or OVER/UNDER game totals. When we are talking about player props, reference is therefore being made to bet on the performance of an individual rather than the future of a team or event. Essentially, player props cover all sorts of scenarios from how many touchdowns an NFL player will throw in a game to the average ERA of a pitcher at the end of the season.
In Depth Analysis On The Understanding Of Player Props
The Basics of Player Prop Bets
In most cases, player props are largely driven by public perception and interest, no wonder the wagers can be on just about anything, as long as the focus is centered on players. On another crucial note, player props come in two major categories, as is detailed below.
First, we have bets on player performances in individual games that can change on a day-to-day or weekly basis depending on the frequency in occurrence of a sport and the opposing players/teams. Examples here include betting on the number of rushing yards an NFL player will post in a given week or the number of points that will be scored by an NBA in a particular game.
Second, we have wagers on cumulative performances in a tournament or season. Examples here include betting on who will win the Cy Young in the MLB or even the total number of Grand Slams that will be won by a player in the ATP circuit.
How Profitable Are Player Props?
Player props are generally considered as the most profitable markets in the world of sportsbetting. This is based on the fact that bookmakers usually have to create several props and on a frequent basis, hence giving them very little time to ‘sharpen’ their lines. The best time to capitalize on this is when we have several sporting events going on at the same time, like between October and December when we have the NHL, NBA, NCAAF and Soccer running concurrently.
In addition, the player prop betting market is mostly flooded with more recreational bettors than sharps, so bookies often don’t pay too much attention to their lines as they aren’t worried about incurring big losses. This opens an opportunity for small to mid-stakes sports bettors to study the lines and find some overlooked value to bank on.
Even more notably, different sportsbooks offer different—and a wide variety of lines and odds—thus giving you a large pool of options to choose from. And the best part is that the lines can be very diverse, depending on the people creating the lines. In fact, when there are so many events running at the same time, most sportsbooks resort to automated numbers from the computer rather than lines that are rigorously set and monitored (like point spreads and moneylines). As such, it is much easier to find good value player props as opposed to finding such value in the traditional lines.
Final Remarks on Player Props
Despite all the above-mentioned advantages of player prop betting, it is important to take note that most online sportsbooks usually have maximum betting limits for the props, meaning you can’t make a huge one-time killing in the sportsbooks as you’d do with the regular lines. But then again, with plenty of player props released every day, the limits come at your advantage, as you can still make money in a progressive way without hurting your budget with bad bets. To ensure maximum profitability in player prop bets, be sure to stay updated about player injuries and other related news. And while you are at it, have a good betting plan and remember to shop for your lines smartly and carefully.
Don’t miss out the Sports Betting General Guide that MyBookie has for you:
Betting Guide 1
- Spread Betting Tips
- Understanding When to Bet Spread Betting vs. Money Lines
- Sports Betting Guide: Spread vs Money Line
- Playing Difference of Point Spread vs. Moneyline Sportsbetting
- Wagering on Moneyline or Straight Up Bets
- Five Questions You Should Ask Yourself When Betting On Sports
- Determining Betting Impact Of Injured Players: Betting Guide
- Betting Non-Marquee Sports NASCAR, Golf, Tennis, WNBA
- What Is Implied Probability In Online Betting?
- All About Sweetheart Teasers The Good, Bad and Ugly
- Introduction To Bankroll-Boosting Pleaser Bets
- Keys To Disciplined And Profitable Betting
- Picking Sexiest Cheerleading Squads in American Sports
- Analysis of Understanding Of Player Props
- Insane Betting Myths That Are Actually True – September 5th Edition
- Insane Betting Myths that are Actually True – September 2 Edition
- Betting On Draws Strategy Explanation
- Betting on Draws
- The Keys To Developing A Winning Mindset
- Key Numbers In Sports Betting
Betting Guide 2
- Non-Marquee Sports With Profits From College and Pro Sports
- Each Way Double Explanation For Doubles and Each-Way Doubles
- Dealing With Sports Betting Losing Streaks
- Round Robin Bets Explained
- Using Trends to Predict Outcomes in Sports Betting
- Reverse Bets Explained
- The Importance of What You Know in Sports Betting
- Understanding the Impact of Downtime in Sports Betting
- Reduced Juice Betting Explained
- How to Optimize Your Selection Process in Sports Betting
- Using Stats, Trends and Other Statistical Betting Tools
- Sportsbetting Guide: Hedge Betting Explained
- Principles of Value Betting
- Sides vs. Totals Debate: Which Should You Be Betting?
- Is Paying for Picks Worth it?
- How to Get Max Value When Betting
- Types of Sports Bettors
- What is Proportional Betting?
- Methods to Improve your Betting Income
- Identifying Profitable Prop Bets
Betting Guide 3
- Most Common Risk Factors in Sports Betting
- Risk Factors that Every Sports Betting Fan Should Keep in Mind
- Using Stats in Sports Betting
- Understanding and Wagering on Prop Bets
- What’s the Difference Between an Oddsmaker and a Bookie?
- What is Point Shaving?
- Identifying When to Stay Away from Betting Favorites
- Most Common Sportsbetting Handicapping Myths
- What Makes a Successful Sports Odds Bettor?
- Are Winning Streaks in Sports Betting Real?
- Most Popular Leagues to Bet On
- Early vs Late: What’s The Best Betting Strategy?
- Sides vs Totals: Where Should You Place Your Bets?
- Win, Lose, or Draw: The Art of Sports Betting
- Gambler’s Fallacy Explained
- Exposing The Gambler’s Fallacy
Betting Guide 4
- The 20 Golden Rules of Betting Against the Spread
- Using Free Bets To Your Advantage
- Choosing An Online Sportsbook: Top 5 Things To Consider
- The Importance of Discipline and Emotional Control in Sports
- Winning Percentage vs Units Won
- Wat is Statistical Handicapping?
- Should You Bet On Your Own Team?
- Sports Betting: Tight vs Loose Wagering Styles
- Perfect Sports Betting Situations To Use Teasers
- Gambling Whose Time Has Come Written
- Advantages of In Play Betting
- Bankroll Money Management
- Online Betting Types You Should Use More Frequently
- Parlay Explained: How to Boost Your Sportsbetting Bankroll
- Sports Betting Questions to Ask at the End of a Streak
- How to Handle the Next Game After a Betting Loss