How to Bet Propositions

Wagering on sides and totals in sports such as football, baseball and hoops is common ground for bettors, however, agents and sportsbooks also offer other kind of bets called propositions or “props”, which you can utilize to place wagers on sporting events that will take place in the future. Let’s check the different ways in which props can be utilized.

Betting to Win:

When you utilize these type of props, you are able to place your bet even months before it takes place, although the odds that you are picking now, might differ from those which will be available as the actual date of the event approaches. For example, let’s say that you are taking Tiger Woods might be at 12/1 3 months before the event, but then he finds himself in a roll, which means that odds will decrease to something like 6/1, therefore, you need to be careful about the precise moment in which you place your wager.

When it comes to playing props on team sports, you will usually get high odds on teams before the season begins. For example, let’s say that you are picking an NFL future with the Chiefs at 20/1 during the preseason, but then  Kansas City starts playing better and are now considered as championship contenders during midseason, this means that the odds on this team to win it all will go down to something like 10/1.

Matchup Betting:

This one is designed to be utilized in wagers that most likely involved non-team sports, such as boxing, golf, NASCAR and tennis. Here you can simply decide who you think the winner of a given event is going to be, and it is usually utilized in head-to-head competitions, such as a boxing fight. The odds for this type of prop are determined using the ML.

An example will be Roger Federer facing a lesser rival: here you will need to lay more cash to win less if you get to choose Federer, who is clearly the favorite (let’s say that the line is -400, this means that you will need to lay $100 to make $100), and on the contrary, if you take his rival underdog, you will need to lay less to make more (if the line on Federer’s opponent is +400, you will need to bet $100 to make $400), as that would be considered a true upset.