What is a Prop Bet?
Proposition bets, or prop bets, are a popular betting option enjoyed by those new to sports betting and experienced bettors alike. While typical betting options are related to the outcome of a sporting match, props are unique in that they often have little to do with which team wins or loses a game. Instead, a prop considers a specific event that might occur during a match, and it is up to the bettor to decide what they think the outcome will be.
There are a variety of different forms that prop bets take. Player props offer you the chance to wager on the performance of a specific player. This might consider the number of points scored by the athlete, the number of passing yards, or the number of penalties.
Game props, meanwhile, look at a certain aspect of the entire team's performance. Prop bets are available for a wide range of sports including basketball, baseball, and football.
Prop bets are a great way to switch it up and offer good opportunities to secure winnings. Instead of focusing on the final result of a match, prop bets give bettors the chance to focus on specific outcomes within the match.
How Are Prop Bets Used in Kansas Sports Betting?
Most Kansas betting apps allow prop bets to be placed on a number of different sports. While traditional betting options such as moneyline or point spreads focus on the final result of a game, prop bets can be related to any number of events that take place during the match. If you are less sure about how a match will end but are confident in a certain player's performance or habits, a prop bet might be a good option for you.
Prop bets are a good way to diffuse the risk associated with betting on a match outcome. Instead of placing all of your eggs in one basket and relying solely on a team to win for your bet to hit, a prop bet means that you could still earn winnings even if your team loses.
How Do Prop Bets Work: Understanding Prop Bet Odds in KS
Prop odds are easy to understand with some practice. If you're familiar with sports betting and betting odds already, prop odds will feel intuitive. Sportsbooks in Kansas will provide odds in the American format like any other betting option, and the same rules apply to reading these odds.
The positive or negative number reflects the implied probability of the specified outcome. Keep in mind that prop odds tend to be more volatile than those of other betting options.
Types of Prop Bets in Kansas
Prop bets are a great bet type in that they can be applied to a host of different sporting matches or events. Below we take a look at some of these popular prop bet options.
Player Prop Bets
Player props are among the most common form of prop bets. As the name suggests, this betting type focuses on the performance of one or a few select players in the match. Player props can be found for most sports. Who scores the first touchdown in a game between the Kansas City Chiefs versus the Green Bay Packers is an example of an NFL player prop.
Team Prop Bets
Game-level props are similar to player prop bets, but instead of considering specific players, the bet is placed on the team as a whole. Oftentimes, a game-level prop looks at which team is the first to score. For example, which team would be the first to score a goal in an NHL match between the Colorado Avalanche and Nashville Predators.
NFL Prop Bets Prop bets are frequently available for NFL matches. An NFL prop bet can cover any number of aspects of the game. NFL player props are particularly popular. Whether Kansas City Chiefs tight end Travis Kelce will score a touchdown is an example of an NFL prop.
NBA Prop Bets NBA props are a great betting option for basketball fans. Depending on the sportsbook, both NBA player- and game-level props might be available. An example of an NBA prop bet might be which team would score first in a match between the Oklahoma City Thunder and the Denver Nuggets.
MLB Prop Bets Prop bets are generally available for MLB games as well. MLB player props might look at the number of total bases for a hitter or strikeouts for a select pitcher. If you follow baseball, the Kansas City Royals are a good team to wager on. An example of an MLB prop could be the number of hits for catcher Salvador Pérez.
NHL Prop Bets NHL props provide a fun way to bet on hockey without concerning yourself with the final result of the match. NHL prop betting works the same way as any other major league sport. Bets are often available for regular season matches along with Stanley Cup playoff games. Which starting goaltender will have more saves in a game between the Colorado Avalanche and Detroit Red Wings is an example of an NHL prop.
College Football Prop Bets College sports props are essentially the same as those on major league sports. However, some sportsbooks may not have college sports betting available. For those that do, it would be possible to place prop bets on NCAAF games. This means you could place player- or game-level props on an upcoming Kansas Jayhawks game.
College Basketball Prop Bets College basketball fans can look forward to placing prop bets as well. NCAAM games are a great option for this bet type. Whether you are a fan of the Kansas Jayhawks or a different college basketball team, there will likely be a prop betting option for you.
Super Bowl Prop Bets
The Super Bowl is arguably the most popular sporting event of the year. Sportsbooks offer far more prop betting options for this event compared to regular season games or even playoff matches for other sports. This makes the Super Bowl a great opportunity to get into prop betting. Certain sportsbooks offer unique prop bets for the Super Bowl, like the national anthem over/under or Gatorade color prop. While these types of prop bets still are not offered by most legal sportsbooks, there is still a large number of prop bet options available to football fans.
Exotic Prop Bets
Prop bets aren't limited to sports. Certain sites offer prop betting on a number of different popular or significant events. Reality TV shows and awards ceremonies like the Oscars have both been featured as prop betting options in the past. Even political events and campaigns have been the subject of prop bets. That said, these are far less common compared to betting on sports.
Payouts on Prop Bets in Kansas
Prop betting odds can be used to determine the potential payout for a winning bet. How to calculate this depends on whether you bet on positive or negative odds. Positive odds, having a lower implied probability, will return greater winnings for a smaller bet.
Most prop bets will have similar odds to point spreads, where both sides are around -110 or -115 odds with the betting vig. However, sometimes, there may be plus-odds and negative-odds. Let's consider a hypothetical example:
Let's consider a hypothetical example: In an upcoming Kansas City Chiefs NFL game, a sportsbook may offer a player prop on the number of passing yards for Patrick Mahomes at 299.5 total yards.
- Over 299.5 yards (-130)
- Under 299.5 yards (+110)
If you bet the Over, you're betting on the favored result, or negative odds. To calculate your potential winnings, divide the odds by 100 (-130 = 1.3), and then divide your wager by this amount. In this scenario, a $50 bet would win $38.46, for a total payout of $88.46.
Alternatively, to calculate the payout for plus-odds, divide the odds by 100 (+110 = 1.1), and multiply your wager by this amount. In this case, you'd receive $55 plus your original wager, for a total payout of $105.
Can You Parlay Prop Bets in KS?
It is possible to parlay prop bets in Kansas. A parlay prop combines multiple prop bets into a single ticket. If all the individual legs of the bet succeed, the parlay wins. There is an increased risk associated with parlay prop bets, but also a greater reward if it succeeds.
Parlay prop bets may not be available on all sportsbooks, and those that do allow parlay props will have different rules. Keep this in mind if you use multiple sportsbooks betting options, as features will vary between platforms.
Kansas Prop Betting Strategy & Tips
When betting props, there are a number of things a sports bettor should consider. Here are a few tips to help you find success.
Understand the Lines
The first step to making prop bets is understanding betting lines. If you are new to sports betting, there are many articles that provide in-depth information on reading sports betting odds. Lines provide information on the implied probability of an outcome and the potential payout of a bet. Understanding this is the foundation for being a successful sports bettor.
Consider Your Strengths
Like any sports bet, the best prop bet results come from informed and carefully considered decisions. Take advantage of the knowledge you have and what you enjoy when placing a prop bet. If you wager on a sport that you know well or a player that you follow closely you will be more likely to see positive results.
Study the Trends
When you find the sport, team or player you wish to make a prop bet on, additional background research is useful for making an educated betting decision. It is important to look at things like how the team or player has been performing recently, how the teams stack up against one another, and any other circumstances that might impact the gameplay. While surprises are inevitable, considering the trends is always relevant.
Use Multiple Sportsbooks
One operator might offer different odds and Kansas sportsbook promos than another. It never hurts to check out multiple online sportsbooks to ensure you are using the best option for you and your bet. Each sportsbook has its advantages and disadvantages, using a variety gives you greater opportunities for success.
Prop Bets vs. Futures
Prop and future bets can seem similar. The main difference between the two is that prop bets deal with events that are scheduled for the near future, while future bets, as the name implies, focus on events that are set to take place a while from now. Futures are often only available for large popular events such as the Super Bowl, while props can be placed on events that are not as high-profile. New bettors often prefer prop bets as they provide instant gratification, as opposed to futures that require money to be tied up for months at a time.
Place Your First Prop Bet in Kansas
Prop betting provides a great way to branch out from traditional betting options that focus solely on the final result of a sporting event. In this article, we took a look at what prop bets are, the different types of proposition bets out there, and some additional tips to help you find success when these bets. Many sportsbooks in Kansas, like FanDuel, provide prop betting options to their users. Now it's up to you to sign up and start putting that knowledge to good use.
Kansas Prop Bets FAQ
A proposition bet, also known as a prop bet, is a bet type that focuses on the occurrence of a specific event or outcome in a sporting match. While traditional betting options such as moneylines or point spreads consider the final result of a match, prop bets often have little to do with which team ultimately wins or loses.
Oftentimes, yes. It depends on the sportsbook. While many online sportsbooks do allow parlay prop bets some do not. For those that do, the rules surrounding these bets also differ from site to site.
There are many different strategies that can be employed to make a successful prop bet. In all instances, make sure you understand the game well and have done adequate background research to make sure you place a well-informed bet.
Prop bets are possible on FanDuel Sportsbook Kansas for select sports. On the home page, select the sport you wish to bet on. If prop betting is available, a labelled tab will appear along with the other betting options. Selecting this will show the running prop bets.
You can expect all the sportsbooks in the state to offer some prop betting options. This includes PointsBet, FanDuel, and DraftKings among others. Remember, each sportsbook has different odds and offerings available to its users so it is always a good idea to sign up for multiple platforms.
Stefan Krysa is a leading voice in the online gambling industry and a betting analyst with BetKansas.com. Thanks to years of hands-on experience, Stefan Krysa has become one of the most trusted authorities in the online sports betting space.An avid bettor, Krysa provides top-notch analysis of Kansas sportsbooks, promo codes, and legislative updates. He's a source Kansas sports bettors can trust.