A wager placed on anything besides a point spread or money lineis called a prop bet. This wager could range from the first to score to a quarterback that will have the most passing yards.
Normally, prop betting is the easiest to beat. This could be attributed by careless bookmaking. With various hundred lines to manage and create, lines managers are satisfied with low betting limits and simple methods for small market props. As such, it is makes it easier for a serious low stake-pro to evaluate a single prop in detail than those who created it.
For the time being, small maximum betting limits keeps the high rollersout and enables line movement on recreational action. A profitable market is one with no sharks but loss of fish.This means, the more smart bettors there are, the more betting props and the lower odds.
Let us take an example of a prop in NFL football on “Which team to score first” between Patriots and Lionsin different betting sites:
5Dimes- Patriots -150 / Lions +130
Bookmaker.eu- Patriots -175 / Lions +145
Sportsbook.ag- Patriots -165 / Lions +130
The Greek- Patriots -170 / Lions +140
Pinnacle- Patriots -147 / Lions +126
Another term to consider in sports betting is derivative. The prop bet in consideration “which will score first ‘ is a derivative. It comes the first half-betting lines of the game.
Consider the following to understand better:
5dimes- Patriots -4 -105 / Lions +4 -115 (25)
Bookmaker.eu- Patriots -4 / Lions +4 (25)
Sportsbook.ag- Patriots -4 / Lions +4 (25)
The Greek- Patriots -4 / Lions +4 (24.5)
Pinnacle- Pats -3.5 -116 / Lions +3.5 +105
If there are two sites that are committed to keeping their line accurate, is 5Dimes and Pinnacle. On the other hand, The Greek, Boomaker and sportsbook.ag are comfortable with pricing each side at -110
In sports betting, while the main market moves, derivatives follow at a slower pace and this what makes it interesting.
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