In Game Prop Bets
In gambling, a 'proposition bet' (prop bet, prop, novelty, or a side bet) is a bet made regarding the occurrence or non-occurrence during a game (usually a gambling game) of an event not directly affecting the game's final outcome.
Proposition bets in sports are differentiated from the general bets for or against a particular team or regarding the total number of points scored. Traditionally, proposition bets can be made on outcomes such as the number of strikeouts a pitcher will accumulate in a baseball game, whether a non-offensive player will score in an American football game, which team will score the first points of the game,[1] the discipline record of teams in a match, the timing of certain events, the number of specific events per team or in the entire match, realistically any statistically discrete event contained in a match or game could be bet on.
Pairing Baylor and Gonzaga is best NCAA tourney prop bet. 1 seeds to survive, advance and hopefully meet in the title game to remove any temptation of. The Los Angeles Dodgers are just one win from their first World Series championship in more than 30 years and the Tampa Bay Rays are in must-win mode for Game 6.
Fixing part of a match for a certain result in a proposition bet is called spot-fixing.
Examples[]
There are a wide range of events or outcomes commonly bet on, including:
- Which specific sub-outcomes occur during a game in which multiple sub-outcomes normally have the same value, for example:
- The number of balls/strikes thrown by a baseball pitcher
- Which team scores first in a match
- The specific face value of one or more individual dice in craps
- Which cards will make up the flop in a hand of poker
- Which cards are dealt in blackjack: Over 35 different blackjack side bets are widely recognized in casinos. On some bets, such as the 'Lucky Ladies' side bet that wins only if the first two cards dealt to a player equal 20.[2] These bets are rarely favoured by experienced gamblers as the house edge on them typically exceeds the edge in a normal game. For example, the 'Super 7s' side bet in blackjack has a house edge of 12.6%,[3] while blackjack itself has a house edge of around 1% if the player follows basic strategy. There are side bets however that have very low house advantages such as 'The 18 Bet' at the Eureka Casino in Mesquite which is almost under 2%.
- Specific aspects of the pageantry surrounding a sporting event, such as a) the duration of the word 'brave' in the pregame performance of the U.S. national anthem or b) the colour of the Gatorade or other sports drink dumped on the winning team's coach in the traditional practical joke and victory ritual known as a Gatorade shower
Some jurisdictions do not allow casinos to offer any type of non-sport related proposition bets,[4] but these kinds of prop bets can often be found online.
Dare for money[]
Less commonly, 'proposition bet' (in this context also 'one-of-a-kind bet') denotes a dare for money. The bet is on whether the 'dared' person will make a given event happen. If the 'dared' person accepts the bet, he will collect if he succeeds or pay if he fails.
For an example detailed in the book The Professor, the Banker, and the Suicide King, David Grey once bet Howard Lederer, a professional poker player who became vegetarian following gastric bypass surgery, $10,000 that Lederer would not eat a cheeseburger. Lederer accepted the wager, ate the cheeseburger, and won the bet.
Spot fixing[]
Spot-fixing is an illegal activity where a person involved in the game takes steps to ensure a certain result for a proposition bet. Instead of fixing an entire match, or shaving points, spot fixing can be done with as little as one player, and can involve ensuring a certain outcome on only a single play, and may be completely unrelated to the points/results in a game.
Examples include Matt Le Tissier attempting to fix the time of a throw-in by kicking it out immediately after the game started,[5] or Ryan Tandy attempting to fix the first point scored method in a rugby league game, failing after the opposition decided against kicking a penalty goal and instead scored a try.[6] Multiple cricket players on teams at all levels of the sport have also attempted to fix events, such as the number of wides or no-balls in an over or the number of runs scored.
The fact that these minor events often contribute a minor or non-existent impact on the score or result of a game makes recruiting players for spot fixing an easier attraction than attempting to fix an entire match that may consist of dozens of players.
References[]
- ^'An Introduction to Proposition and Matched Betting'. SB Pal. Retrieved 10 November 2013.
- ^'Blackjack Side Bets'. WizardofOdds.com. Retrieved 20 August 2010.
- ^'Blackjack Side Bets - Super Sevens'. WizardofOdds.com. Retrieved 29 August 2013.
- ^'Super Bowl Prop Bets'. Bet the Super Bowl. Retrieved 24 April 2014.
- ^'Le Tissier in failed betting scam'. BBC Sport. 3 September 2009. Retrieved 2 June 2010.
- ^'Tandy guilty in NRL fixing scam'. ABC News (Australian Broadcasting Corporation). Abc.net.au. 6 October 2011. Retrieved 28 April 2014.
External links[]
Live betting has become one of the most popular ways to bet on sports in the past few years. Betting on live sports puts your analytical skills to the test and only the smartest handicappers survive. Live betting may also be referred to as in-game, or in-play betting depending upon where you reside. Our 1st step in this guide is to teach bettors what live betting entails.
Best Live Betting Site for US Bettors
• Bovada Sportsbook: In the US, the Bovada Sportsbook is the best live betting site available. They offer a wide range of sports, and dozens (if not hundreds) of live prop bets per game. Sign-up today and earn a bonus of up to $250. Bovada Mobile Review
What is Live Betting?
A live bet or in-play bet is any wager that is placed after the event has already started. Bettors can wager on the same markets that they can wager on before the event starts including money lines, point spreads and game totals. However, there are also a number of live betting markets that can only be offered by bookmakers once the sporting event has started.
In Game Prop Bets Game
The majority of sports can be wagered on live using your computer or mobile device. This means that you could be watching a soccer match live at the stadium while betting on the same match live on your iPhone, Android or Blackberry. The in-play prop betting markets are the most exciting live bets, but generally are also the least profitable due to variance.
Certain sports differ in how you can bet on the odds in-play and I’ll explain what I mean. In sports like football (soccer) you don’t have too many stoppages and therefore the in-play odds can be bet continuously unless there is a goal or injury. In sports such as the NFL bettors can only bet on the live betting markets during stoppages, as the odds fluctuate after each play.
I’m not going to cover too much betting strategy in this article, but I want to touch on live betting odds. The juice on in-play betting odds is often high and therefore difficult to beat consistently. Your main goal when live betting should be to find the markets that overreact to certain situations, which I’ll explain in our in-depth sport specific live betting guides.
What Sports Can I Place In-Play Bets On?
Not every sport can be wagered on in-play, but most sports today have live betting markets at the top bookmakers. The full list of sports that you can bet on in-game is expansive. Some of the most popular sports to bet on live are football, baseball, golf, tennis, horse racing, basketball, cricket, horse racing, hockey, rugby and auto racing.
With football (soccer) for instance, there are generally 20+ live betting markets to wager on. You can bet in-play on the outcome of a match, goal total, Asian handicap, next/last team to score, correct score, number of cards/corners and more. In the US the most popular sports to wager on in-play is MLB due to the huge range of props bets that you can wager on.
The most profitable MLB markets to wager on in-play include the money line and run total. However, there are many other types of in-running MLB bets including 3-way handicaps, plate appearance props, ½ inning props and full inning props. Betting on one plate appearance isn’t something most bettors have success with over the long-run, but you won’t find a more exciting bet.
Tennis is another market with huge in-play betting action that constantly moves the betting lines. In tennis you can bet on more live betting markets than most sports due to the back-and-forth nature of the sport. Bookmakers offer live odds on the winner of the match, exact game/set score, point/game/set betting, over/under on aces and plenty of other bet types.
In Game Prop Bets Games
In some sports such as NASCAR, F1, Hockey and American Football (NCAAF & NFL) there aren’t too many ways to bet on in-play markets at bookmakers other than on the same bets you can make before the event starts. Sports traders use in-play odds for these sports to hedge their bets and to lock-in profits without waiting for the full result.
You can also find great middling opportunities using live betting odds. Let’s say you bet on the Phoenix Suns at -5 to win their game in the NBA against the Memphis Grizzlies. In the 3rd quarter the Suns are up 15 points and the in-play odds have the Suns set as a -13.5 favourite. You could middle by betting the Grizzlies at +13.5 and have the chance to cash two bets.
In Game Prop Bets
Live Betting on Your Mobile Device
Many bookmakers now have in-play betting available on their mobile betting apps. Bovada Mobile is the leader in the in-play betting markets and that’s because of their expansive range of sports plus the fact they have the best live streaming. As long as your mobile device is compatible with the app you can use the live betting platform.
However, the best mobile devices or tablets to use include Apple iOS or Android devices. Several bookmakers offer live streaming now to punters on their mobile betting apps, but only if you have an iPhone, iPad or Android. The sports you can watch and wager on while on your cell phone include football (soccer), tennis, basketball, snooker, cricket, darts and volleyball.