Thursday, July 29, 2010
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What is a Proposition Bet?

Proposition bets are very specific wagers offered by sportsbooks. Also referred to as exotic bets or props, a proposition bet is a wager with more than one outcome which is not directly related to the final score of the game. In recent years, proposition bets have become increasingly popular with both the online sportsbooks and bettors worldwide.

The NFL is an extremely popular medium for proposition bets. They can be seen in big games such as NFL Monday night football, NFL playoff games and, of course, the Super Bowl. Examples of common proposition bets in football include the last team to score, most passing yards, total number of quarterback sacks, and most rushing yards are just a few examples of proposition wagers offered on selected key football games.

As with anything, there are viable proposition bets and there are proposition bets that are just plain ridiculous. The key is to recognize the good from the bad. For instance, bets like heads or tails on the coin toss, who will be the first to score, who will be the last team to score, and whether or not there will be a score within the first ten minutes of the game are pretty much nonsense bets. These proposition bets are okay every once in a while but do not expect to win on a long term basis with these types of wagers.

Worthwhile proposition bets include the quarterback throwing for an over/under a certain amount of yards, point spreads between running backs and quarterbacks going head to head and bets involving both the longest field goal and longest reception. These types of proposition bets are beatable and can be very profitable if played smart.

The most popular NFL proposition bets are always found for the Super Bowl. Bettors wait for this mega event to arrive every year. It seems that these wagers have become an integral part of the biggest game in the National Football League.

Another growing medium involving proposition bets is Monday night football. Using key players as the topic of these wagers increases interest and gives bettors many different wagering options.

Proposition bets have been around for a number of years and have seen increasing popularity as of late. As with any other types of bets, have fun but remember to know your limit.


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