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Prop bets are arguably the most unique wagers that you can place. Props come in multiple variations and allow you to focus on a myriad of things.
For example, you can bet on a player’s performance, a team’s statistics, or several unique in-game stats. If you’re looking for something extremely bizarre, then you can even bet on events that don’t concern the game at all.
Props are fun, but they can also be extremely profitable if you implement the right strategies. Throughout this informative guide, we’re going to show you a few of those handy strategies while focusing on the main types of props that you can place on TwinSpires Sportsbook.
Before you can place any type of bet on TwinSpires, you first need to create and fund your betting account.
Once you’ve done so, just follow these simple steps to place a prop bet on TwinSpires:
Are you keen on building your own props instead of relying on the options given to you by the sportsbook?
Well, a prop builder will help you do just that. On certain sportsbooks, you can use this feature to create unique and custom props that focus on the lines and markets that you want to bet on.
TwinSpires doesn’t have a prop builder, but they do have a bet builder—you can use this tool to create same-game prop parlays.
The term prop bet is short for proposition bet. In most circles, bettors simply refer to prop bets as props.
Essentially, propositions are bets that tend to deviate from the typical wagers and instead focus on unique events or special occurrences.
For example, instead of betting on the winner of a basketball game, you can choose to bet on the number of 3-pointers that will be scored during the game.
Props are divided into four main categories. These are the following: player props, team props, game props, and novelty props. We’re going to go through all of them below.
Player props purely focus on one thing: on a specific player’s stats and performance.
Since you’re focusing on single-player props, the result of the game and the performance of the player’s team do not matter in player props.
For your bet to win, the player that you’re betting on simply needs to achieve or surpass a specific stat.
Here are specific examples of player props that can be placed on TwinSpires:
Evidently, all the above props deal with ultra-specific player stats. In the first wager, Aaron Jones simply needs to score a touchdown for such a bet to win.
The second prop is a basketball player prop. Westbrook needs to get 8 or more assists for that bet to win. Lastly, Atlanta United’s Josef Martinez simply has to score 2 or more goals.
Clearly, the result of the game doesn’t matter in any of these player props.
Let’s say that you’re an MLS bettor who risks $300 on the above Josef Martinez player prop (+150). If the Atlanta United Striker manages to score 2 or more goals during the match, then you’ll win $450 from your $300 bet and you’ll receive a total payout of $750.
Just like player props, team props also focus on specific stats.
The only difference is that team props, as the name suggests, focus exclusively on stats relating to the whole team instead of a single player.
So you can narrow down your focus and bet on team-related stats such as points, tackles, goals, corners, or any other stat that your bookie allows you to bet on.
Here are two examples of team props that you can place on TwinSpires:
If Green Bay Packers manage to score 33+ points, then a punter who’d risked $200 on them will win $400. In the second wager, the Quakes need to score 2 or more goals for such a wager to win.
If you risk $100 on them and they score more than 1 goal during the game, then you’ll end up with a profit of $100.
Game props typically don’t focus on a single team. Most game props deal with unique stats and occurrences that somewhat relate to both teams, whether directly or indirectly.
These can be things like the exact score, whether overtime will be necessary, the total number of cards, or the total points in a specific half, just to name a few.
If you want to place game props on TwinSpires, here are a few examples of such props:
Novelty props are probably the most niche props that you can place. These props don’t focus on the game, so they can manifest in many different ways.
Realistically speaking, there’s no limit to what a novelty prop can be.
The Super Bowl has popularized novelty props. Here are a few examples of popular novelty props that are placed annually during the Super Bowl:
While props are fun, the truth is that props are harder to win, especially when you compare them to other conventional betting alternatives.
However, you can boost the chances of winning your props by cunningly employing tactics and strategies to your advantage.
To help you with your prop betting, here are three tips that you should always keep in mind before you place a prop:
Betting on the Super Bowl coin toss may be fun, but such 50/50 events are hard to predict because they rely heavily on luck.
Also, since the sportsbook still includes juice in such bets, you’ll never get the true 50/50 value, so you end up losing either way.
The best tactic is to focus on props that you can research and handicap. That way, you can always tip the scale in your favor.
Never make the mistake of ditching stats, even in prop betting. While you may think that stats are powerless when it comes to props, the truth is that most props—especially props that deal with teams or players—still rely heavily on stats.
So before you place that touchdown scorer prop, ensure that you thoroughly go through relevant stats to gain an advantage over the sportsbook.
Props give you the ability to bet on anything under the sun. With many endless possibilities, you can scour available markets and find props that you’re good at predicting or markets that favor your betting methods.
This will help you discover your strengths in prop betting, which is a better alternative than trying to copy or mold another bettor’s betting process.
Propositions is a perfect bet to include in your next same game parlay at TwinSpires