Best Prop Bets Today
Looking for the most exciting and profitable prop bets for sports fans? Our expert analysts have scoured the latest data and trends to bring you the top prop bets in the NFL, NBA, NHL and more. Whether you’re looking for player props or team props, our comprehensive coverage has it all.
The biggest truth we know about the NFL MVP award is that it usually goes to a quarterback with great stats on a high-seeded team. Of the 33 times a quarterback went on to win MVP since 1981, we observed:
- 25-of-33 (75.8%) played for a No. 1 seed.
- 29-of-33 (87.9%) were on a team with 12-plus wins.
- 29-of-33 (87.9%) ranked in the top three in passing value (DYAR) at Football Outsiders.
You also need a compelling narrative to put the finishing touches on your MVP case. Last year, Patrick Mahomes won MVP because he had the Chiefs with the top seed and No. 1 offense despite losing Tyreek Hill. But voters may be fatigued by Mahomes’ greatness.
Not that Aaron Rodgers, a four-time MVP, is a breath of fresh air, but he is if he can play at a high level with the Jets, a franchise known for awful quarterbacks. If the Jets beat out favored Buffalo to win the AFC East and Rodgers has stats on par with his 2020-21 seasons, then he should be a strong MVP choice.
No quarterback has won MVP in his first season with a team since Earl Morrall (1968 Colts) but Rodgers has the talent around him to do it after the Jets crushed their 2022 draft by adding Garrett Wilson and Breece Hall. There could be value in betting on him now before the trade to the Jets is official as he will likely see an odds boost when that goes official.
2023 NFL MVP Aaron Rodgers (+1500) at Bovada
Game and Player Prop Betting
Prop bets, also known as proposition bets, are a type of wager that involves betting on a specific outcome or occurrence during a game or sometimes, an entire season. Prop bets can be made on a wide range of events, including sports, entertainment and politics. These bets are usually not related to the overall outcome of the event and often require a specific condition to be met.
From predicting the length of the national anthem at the Super Bowl to betting on which player will score the first touchdown, prop bets offer a wide range of exciting and often unexpected opportunities to win big.
In this guide, we’ll cover everything you need to know to get started with prop bets.
What are prop bets?
Prop bets, short for “proposition bets,” are wagers placed on an event or outcome that is not directly related to the final score or outcome of a game. They are typically offered by sportsbooks as a way to add an extra level of excitement to a game or event. Prop bets can cover a wide range of topics, from predicting the number of home runs a player will hit in a game to betting on the color of the Gatorade dumped on the winning coach at the end of the Super Bowl.
While prop bets may seem like a novelty, they are actually a serious business for sportsbooks. In fact, since they frequently have bigger house edges than standard bets on the point spread or moneyline, prop bets can be among the most lucrative wagers.
Types of Prop Bets
There are many different types of prop bets, covering a wide range of events and industries. Some common types of prop bets include:
- Player Prop Bets: These bets involve wagering on the performance of a specific player within an event. For example, in a basketball game, a bettor might place a prop bet on the number of points, rebounds or assists a particular player will achieve during the game.
- Team Prop Bets: These bets involve wagering on specific outcomes or occurrences related to a team’s performance within an event. For example, in a football game, a bettor might place a prop bet on whether a particular team will score a touchdown in the first quarter.
- Event Prop Bets: These bets involve wagering on specific occurrences or outcomes within an event that are not related to the overall outcome. For example, in the Super Bowl, a bettor might place a prop bet on the length of the National Anthem or the color of the Gatorade dumped on the winning coach.
Prop bets can be highly specific and creative, and sportsbooks are constantly coming up with new and unique bets to offer to their customers.
Most Popular Sports for Prop Betting
Prop betting is a fun and exciting way to add an extra layer of entertainment to watching sports. While prop bets are available for a wide variety of sports, certain sports have become more popular than others for prop betting. Prop bets in sports can be broken down into two categories: player props and game props. Player props focus on individual players and their performance, while game props are based on specific events or outcomes during the game.
Here are the most popular sports for prop betting:
- Football: Football is perhaps the most popular sport for prop betting, with the Super Bowl being the pinnacle event. Prop bets for the Super Bowl can range from traditional player and game props, to novelty props like the length of the national anthem or the color of the Gatorade dumped on the winning coach. In football, fans can find prop betting markets like how many rushing yards Chris Jones will have in a single game or if the Philadelphia Eagles will win the coin toss.
- Basketball: Basketball is another sport that is popular for prop betting, particularly when it comes to player props. Fans can place bets on a player’s individual performance, such as the number of points, rebounds or assists they’ll have in a game. Basketball bettors can also place season-long bets on props, like if Kevin Durant will have the highest scoring average in the regular season. Season-long props are also called futures bets.
- Baseball: Baseball may be America’s favorite pastime, but it’s also a popular sport for prop betting. Fans can wager on a variety of outcomes, including the number of hits or home runs a player will have in a game, or the number of strikeouts a pitcher will record.
- Soccer: Prop bets for soccer games typically focus on game props rather than player props. Fans can place bets on which team will score first, the total number of goals scored over the entire match or even whether a particular player will score a goal.
Pros and Cons of Prop Bets
Prop bets can be a fun and exciting way to engage with events and add an extra level of excitement to the experience of watching. However, like any form of gambling, there are both pros and cons to consider before placing a prop bet.
Pros of prop bets
- Variety: Prop bets offer a wide variety of options for betting, from traditional sports to entertainment and politics, giving bettors a broader range of choices.
- Potential for big payouts: Because prop bets can be highly specific, the odds for some popular prop bets can be very high, which means the potential payout can be significant.
- Entertainment value: Prop bets can add an extra level of fun and excitement to watching an event, especially if the bet is tied to a specific outcome that may not be the overall winner.
Cons of prop bets
- High risk: Prop bets can be highly specific and difficult to predict, meaning the risk of losing money is higher than with traditional bets. Exotic props that offer the best payout potential will carry the most risk.
- Limited research: Because some prop bets are so obscure, there may not be a lot of information or research available to help inform betting decisions.
- Temptation to chase losses: Because of the potential for high payouts, bettors may be tempted to continue placing bets on props even after losing in the hopes of making up for the losses.
Prop betting can be a fun and exciting way to bet on sports and other events, but it’s important to approach it with caution and understanding. By doing your research, managing your bankroll effectively and comparing odds across multiple online sportsbooks to get the best value, you can increase your chances of success when betting props.
If you’re new to sports betting, start small and gradually increase your bets as you gain experience and confidence. With a little patience and discipline, betting props can be a rewarding and enjoyable way to wager on your favorite sports and events.
FAQs — Prop Betting
Why is it called a prop bet?
A prop bet, short for proposition bet, is so named because it is a wager on a particular proposition or outcome that is not directly related to the final result of a game or event.
Are prop bets profitable?
Prop bets can be profitable if the bettor is knowledgeable about the event or player being wagered on and is able to make informed decisions. However, as with any form of gambling, there is always a risk of losing money.
What is a parlay prop?
A parlay prop is a type of prop bet that combines multiple prop bets into one wager. In order to win a parlay prop bet, all of the individual prop bets included in the wager must be correct. Some sports betting sites offer parlay insurance as a bonus.
Is a prop a straight bet?
No, a prop bet is not a straight bet. A straight bet is a wager on the outcome of a game or event, while a prop bet is a wager on a specific proposition or outcome that is not directly related to the final result.
What is an octopus prop bet?
An octopus prop bet is a wager on the outcome of a soccer game, in which the bettor predicts the number of legs that an octopus will choose as its winner. This prop gained fame during the 2010 World Cup when Paul the Octopus predicted the outcome of several matches.