What is a Prop Bet? Complete Prop Betting Guide for Georgia Bettors

What is a Prop Bet?

Prop bets are a wager on a certain occurrence happening in a game or match that is not connected with the final result. Prop bets can take many forms due to their open-ended nature, with every sport having its own prop bets. Prop bets in football may revolve around a player's total yardage, while a prop bet in basketball may involve how many rebounds one player has. It's this variety that makes prop markets so popular because every gambler can find something they like.

Examples of Prop Bets

Prop bets may seem confusing to new bettors, but the best way to understand them is by looking at examples.

• Football: Will Tom Brady throw for over 245.5 yards
• Basketball: Will the Atlanta Hawks score the first basket
• Hockey: Will there be a goal in the first period
• Baseball: Will there be a run scored in the first inning

Fun vs. Skilled Prop Bets

Skilled prop bets are the classic wagers that you will find on most games that involve parts of the game or player performances. On the other hand, fun prop bets usually have nothing to do with the game and are popular during big games like the Super Bowl.

Skilled Prop Bet Examples

• Kyle Pitts Over/Under 4.5 receptions
• Atlanta Braves to score a run in the first inning
• First player to score in the Stanley Cup finals

Fun Prop Bet Examples

• Will the coin toss be heads or tails
• How long will the national anthem be
• Who will be the first person shown on TV during the national anthem

Player Props

Player props are a type of skill-based prop bet that involves individual players doing certain things. Every team sport will have player props, so you can bet on NHL, NBA, or NFL player props at any sportsbook. Player props are just offered for star players, too, you can even bet on role players. Let's take a look at some examples of player props.

Player Prop Examples

• Trae Young O/U 29.5 points
• Ronald Acuna to record a home run: Y/N
• Dejounte Murray to record 10 or more assists

Game Props

Player props are one type of skill-based prop, game props are the other. Game prop bets involve general occurrences of a game. Game props can also be broken down into quarter, period, or half props. A very common game prop is which team will score first in an NFL game. Let's take a look at more examples of game prop bets.

Game Prop Examples

• Will the opening kickoff result in a touchback
• Longest reception in a game O/U 42.5
• Will both teams score this period

Why You Should Be Betting Props in Georgia

Now we will look at some reasons you should be wagering props in Georgia. Prop bets are very flexible, they offer big returns, and they are very simple.

Prop Bets are Flexible

When you place a moneyline or point spread wagers, you are not flexible in the other bets you can make; you have to cheer for the team you wagered on. Prop bets, on the other hand, are very flexible because they are not tied to the final score. You can place a game and a player prop or a player and a fun prop, and they will have nothing to do with each other. This means you can place many prop bets, which increases the entertainment.

Double Your Money

Proposition bets have the potential to earn you large returns because of their unpredictability. Some sportsbooks even let you parlay prop bets which can increase your return even more. If you feel confident that Trae Young will score a lot of points in his next game, then betting the over on his points prop could be a great option.

Prop Bets are Simple (and fun)

Many prop bets are proposed in very simple terms, either yes/no or over/under, and usually in the form of questions. This makes prop wagering one of the simplest betting markets out there, which makes it super fun. Prop bets are some of the favorite wagers for new and experienced bettors alike.

Prop Betting Strategies

Nailing a prop bet is very satisfying, but it can also be quite difficult. While these tips won't guarantee you win, they will help you shift the odds back in your favor. These tips are bankroll management, specializing, and finding mispriced odds.

Bankroll Management

Bankroll management isn't just a great tip for prop betting, but it is a great general gambling strategy as well. Managing your bankroll can consist of simply keeping your wagers small, but you can manage it even more. One popular way to manage your bankroll is to determine a wager size that you are comfortable with and only make wagers that size.

Specialize in a Specific Sport or Market

Specializing in specific sports or markets is a great way to see trends in prop bets and hopefully capitalize on these trends. If you wager on a variety of sports and a variety of markets, it is easy to miss trends that could help you. If you focus however on NFL rushing yards, you may notice something that could help you while prop betting.

Look for Mispriced Odds

Mispriced odds are simple odds that don't reflect the actual probability of an event occurring. If the odds are undervalued, say +250, when they should be +150, bettors can capitalize. One way to look for mispriced odds is by comparing sportsbooks. If one sportsbook has odds that are different than the rest, it could be mispriced.

Common Mistakes in Prop Betting

Avoiding these simple mistakes while prop betting can greatly increase your winnings. The common prop wagering mistakes are overvaluing the narrative, ignoring the vig, failing to line shop, and overextending your bankroll.

Overvaluing the Narrative

Objectivity is integral for any successful sports bettor, and this rule especially applies to prop betting. It is best to take a second and look objectively at the wager you are about to place, especially if the narrative is leaning that way. Getting caught in the public narrative can be detrimental in gambling.

Ignoring the Vigorish (Vig)

The vig is the fee that every sportsbook places on their wagers in the form of reduced odds. The vig will shift an even money bet from +100 to -110, with the difference being the house edge. It is important to keep in mind the vig when betting props in Georgia

Failing to Line Shop

Line shopping is when you compare the odds of a single bet at many sportsbooks. While comparing the odds, you should look for the ones most in your favor. While the odds at most sportsbooks will be similar, there are sometimes odds that are heavily in your favor. Failing to line shop is missing an opportunity to get the best possible odds on a potential wager.

Overextending Your Bankroll

Avoiding overextending your bankroll is key to long-term success betting props in Georgia. Some players like to chase losses, but that usually leads to more losses.

How To Make a Prop Bet in Georgia

Making a prop bet in Georgia is easy if you follow these tips:

1. ✅ Log in to the sportsbook of your choice.
2. ✅ Find a game or sport you would like to prop bet.
3. ✅ Browse the prop bets and find one you like.
4. ✅ Decide how much you would like to place.
5. ✅ Place your bet!

How To Win a Prop Bet in Georgia

This is how a gambler would win a prop bet in Georgia:

1. ✅ Find a sport or market that you follow closely.
2. ✅ Find a specific prop bet that you are familiar with.
3. ✅ Shop for odds at multiple sportsbooks.
4. ✅ Once you found the best odds, place your bet.
5. ✅ Get paid out if the prop wins.

How Prop Bets Are Paid in Georgia

Georgia prop bets are paid out instantly, and the size of the payout is determined by the odds. Once you are paid out, you can withdraw using whatever method your sportsbook has available.

• NFL Prop Bets  NFL prop bets are some of the most popular and best bets you can find out there. NFL props ask you to predict an event during NFL games that aren't related to the final score. An example of an NFL prop is Desmond Ridder Over 235.5 (-110) passing yards in a game. If you placed this wager and Desmond Ridder threw for more than 235.5 passing yards, you would win $100 on a $110 wager.
• Super Bowl Props The Super Bowl is one of the most watched events of the year, so sportsbooks offer some of the best props for the big game. One thing that makes Super Bowl prop betting special is the number of exotic props that are offered. One example of a Super Bowl prop is what will be the first song played during the halftime show.
• NBA Prop Bets The back-and-forth, fast-paced action of an NBA makes it perfect for props. NBA player props are very popular because of how many stats are tracked. An example of a popular NBA player prop is will Trae Young have Over 39.5 points, rebounds, and assists combined. If accomplishes that, you could win $100 on a $110 wager.
• MLB Prop Bets MLB props are usually centered around things like home runs, strikeouts, and hits. An example of an MLB prop odds is there will be 6.5 total home runs in a game combined (+150). If there are seven or more home runs for both teams combined, you would win $150 on a $100 wager.
• NHL Prop Bets NHL props is one of the fastest-growing betting markets, with bettors enjoying the intensity of hockey. Although hockey is low scoring compared to the NFL and NBA, this means there are better odds on player props. An example of an NHL player prop is will Matthew Tkachuk be the first goal scorer +800. If Tkachuk scores the first goal, you would win $800 on a $100 wager.
• College Football Props College football wagering is almost as big as the NFL, especially in Georgia. College football props are usually limited to game and team props, with player prop markets harder to find. One example of a college football prop is Georgia Bulldogs' first offensive player: Throw +130. If the Dawg's first play is a passing play, you would win $130 on a $100 wager.
• College Basketball Prop Bets  Like college football, college basketball is usually limited to game and team props. You can sometimes find player props, especially for big games. One example of a college basketball prop is will the game be tied at halftime? Usually, the odds of this type of bet are very large.
• NASCAR Racing Props NASCAR is different than the other sports we have covered because it is a race rather than a game, but there are still props for it. Sports like NASCAR will have a smaller number of prop markets, but there are still plenty of fun bets. One example of a Nascar prop bet is which driver will hit the pit first.
• Horse Racing Prop Betting Similar to Nascar, horse race props are somewhat limited due to their race nature and many bets having to do with the end result. Horse racing prop bets usually have to do with an in-race event or an occurrence in a full day's races. A fun prop bet is will the winning time of the Kentucky Derby beat the all-time fastest time.

What are some tips for successful prop betting?

Here are a couple of tips we would recommend for successful prop betting.

Keep Track of Other Markets

Keep track of odds changing in other betting markets like totals and moneylines because props sometimes aren't as fast to change. If you see the game total increasing, you can place props that are more likely with a higher game total.

Look for Mismatches

If you know a basketball team is undersized or an NHL team is starting their backup goalie, look for players that could benefit from this. There are plenty of mismatches in most games. You just have to find them

Place Complimenting Wagers

Complimenting props are props that, if one hits, the other is more likely to hit as well. Don't place wagers, for example, on Patrick Mahomes over touchdown throws and under total combined touchdowns in the game.

Get Started Making Prop Bets in Georgia

Prop betting is one of the most exciting markets out there because of its simplicity and their high potential returns. Although they can be hard at first, by following our strategies and avoiding the mistakes we outlined, you can improve your win rate. The two most important tips are specializing in certain markets and line shopping for the best odds. Now that you know everything there is to know, it is your turn to bet props in Georgia.

Author

Lukas Shaw

Betting Analyst

@lukasshaw

Lukas Shaw is a betting analyst for BetGeorgia.com. Shaw, an avid sports fan, has quickly become an authority in the burgeoning market, providing readers with an in-depth analysis of the latest betting apps and bonus codes while also sharing helpful insights on betting strategy.