How To Do Prop Bet On BetMGM App
The detailed step-by-step guide will depend on the type of prop that you want to place on the site, i.e., a game prop, player prop, or novelty prop.
But the general outline is still the same regardless of the type of prop that you’re placing.
So if you want to place a prop bet on BetMGM, here are the steps that you need to follow:
- Sign up and log into the BetMGM app.
- New BetMGM bettors need to create an account while existing customers just need to log in using their credentials.
- Next, head over to the sports menu and choose the sport that you want to bet on.
- Select the game that you want to bet on.
- Click on the player prop tab from the game-specific menu.
- If you want to place a game prop, click on the game prop tab from the same menu.
- Select your prop bet.
- Enter the amount that you wish to wager on the bet slip. Finally, submit your bet.
A prop builder is a unique tool that allows bettors to create custom prop bets.
With a prop builder, you don’t have to rely on the options offered by a sportsbook as you can freely build and create your own props.
So if you’re looking to create unique props, this tool can be extremely handy.
Prop builders are hard to find and are only available in certain sportsbooks. At the time of writing, BetMGM doesn’t have a prop builder.
However, if you still want a tool that gives you the same amount of freedom, then you can use BetMGM’s parlay builder to create custom same-game prop parlays.
What Is A Prop Bet?
Prop bets, short for proposition wagers, are commonly known as props in betting circles.
As the name suggests, these types of wagers tend to focus on unique propositions.
So instead of betting on the winner of a game or which team is going to cover the spread, prop bets tend to deal with things like a player’s stats or the occurrence of unique events.
For example, you can choose to bet on the number of points that a certain player will score.
Other types of props don’t even focus on the game.
For instance, during the Super Bowl, many sportsbooks offer bets on the halftime show and on other events that aren’t even related to the big game.
BetMGM Player Props
Player props are prop bets that specifically focus on a player’s performance.
When you place a player prop, the person that you’re betting on has to achieve a certain stat for your wager to win.
Here are examples of NFL, NBA player props, and EPL player props that you can place on BetMGM:
- Kyler Murray to Record Over 265.5 Passing Yards (-110)
- Kevin Durant Over 8.5 Assists (-130)
- Cristiano Ronaldo to Score a Goal (+120)
In the first bet, Kyler Murray simply has to record more than 265 passing yards in the game for your wager to win.
In the second bet, Durant needs to get 9 or more assists, while in the third bet, Cristiano Ronaldo simply has to score a goal.
As you can see, the result of the game doesn’t matter in any of the above prop bets.
So let’s say that you bet $100 on Ronaldo to score a goal, if the Manchester United forward scores during the game, then you’ll win $120 from your $100 player prop.
In team props, the focus of the bet is always on a team’s stats and/or the team performance.
This can be things such as the total points that a single team is going to score, season win totals, a team’s number of points in a specific half/quarter, etc.
Here are examples of NFL, NBA, and soccer team props that you can place on BetMGM:
- Kansas City Chiefs Over 12.5 Wins (+110)
- Chicago Bulls to Record Over 87.5 Points (-130)
- FC Barcelona Over 2.5 Team Goals (-110)
The first bet is an NFL win totals bet. So it’s a combination of a team prop and a futures bet. For your bet to win, the Chiefs need to win 13 or more regular-season games.
In the second wager, the Bulls need to record 88+ points in their game, while in the third bet, FC Barcelona needs to score 3 or more goals in the game for your wager to win.
Let’s say you place $100 on the Chiefs (+110). If they end up winning 14 regular-season games, then your $100 wager will return a profit of $110.
Game props tend to focus on unique in-game stats and occurrences.
Game props can include things such as the exact margin of victory, whether the game will go into overtime, the total number of cards in a game, and whether the total points will be odd or even, just to name a few.
Here are some examples of a few NFL game props that you can place on BetMGM:
- Will There Be Safety in the Game?
- Team A to Call the First Timeout.
- Will the Game Go Into Overtime?
As the name suggests, novelty props allow you to focus on very niche occurrences.
In some instances, you don’t even have to bet on the game.
During finals and high-level events like the Super Bowl, many sportsbooks will allow you to bet on things that have nothing to do with the game.
Here are a few examples of novelty props:
- How Long Is the National Anthem Going to Be?
- The Exact Length of the Halftime Show.
- Kansas City Chiefs to Win the Super Bowl Coin Toss.
Prop Betting Strategy
Sure, prop bets are fun, but the real reason that you’re placing prop bets is for a specific purpose: to make a profit.
So if you want to ensure that prop betting turns into a profitable venture, you need to incorporate strategies, as well as know the BetMGM betting rules, that will increase your chances of winning such wagers.
Here are a few prop betting strategies that we highly recommend:
Always Check The Stats
Even if you’re betting on props, you need to have stats by your side at all times.
Don’t blindly bet on a player just because their line is extremely alluring.
Always double-check the stats to see whether the player’s numbers line up with the prop that the bookie is offering.
Limit the Number Of Luck-Based Props
Sure, betting on a coin toss or placing an odd/even prop bet sounds like fun, but, realistically, such props have nothing to do with your betting ability since they heavily rely on luck.
Of course, luck isn’t going to be on your side at all times.
That’s why you should avoid luck-based props as much as possible and always go for bets that hinge on your betting knowledge.
Ensure That You Fully Understand Each Prop
Some bookies intentionally use vague and manipulative phrases on certain prop bets, which gives them a lot of room for error.
For example, let’s say a sportsbook has offered the following wager: Player A to Score a Penalty.
If the soccer game ends up going to a penalty shootout and Player A scores a penalty during the shootout, many sportsbooks may state that the prop bet doesn’t extend to the penalty shootout and will therefore cross out your wager.
So always make sure that you understand the specific wording of each prop bet and the general rules surrounding each wager.
Propositions is a perfect bet to include in your next same game parlay at BetMGM.