Proposition Bets
Boxing is often called the sweet science, and there are many betting options available for this sport. While the straight bet of picking a boxer to win a bout is the most popular boxing bet type. Ready for some serious online sports betting? Before you start betting on sports, pick the best sportsbook possible. Make sure you stop by Probettingz! Welcome to our articles Making Heads and Tails of Soccer Betting – Betting Types. We provide articles,analysis,coments and for world wide sports with focus on football (soccer). Read our articles. Bet on some interesting real money propositions. You can bet on sports, politics- even the weather at these fine Exotic Sports Betting Sites.
It’s easier to find in-play opportunities on the most popular sports, leagues and games. Providing bets for in-running events requires a lot of resources (you have to follow the game closely to set odds on it) so it’s understandable that your favorite sportsbook may not have their linemakers following the lowest-profile games in the least popular sports and leagues.
| Book | Features | Website | Review | Bet now |
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| Betway | Read Review | Bet now | |
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What Can You Bet On?
For example, you can be sure of that sportsbooks have lines for sports like soccer, cricket and tennis. The estimated global following of these sports is in the billions. You can also be sure of that all the U.S. sportsbooks offer in-game wagering on America’s favorite sports like football, baseball and basketball.
Bookmakers also consider the ease of setting live odds on a certain sport. For example, sports with a lot of scoring provide plenty of options for proposition bets during the events. And even though it’s relatively rare to see goals in sports like soccer, there are many statistics to bet on, such as which side gets more free kicks, corners, yellow cards, passes completed, etc.
Racing is one of the sports that’s difficult to create proposition bets for. If you like to bet live on Formula 1 races, for instance, you can pretty much bet on the same propositions that were available before the race. (The difference being that the odds constantly change during the race.)
In addition to placing straight ufc bets, some bookies allow you to place “proposition wagers”. These lines can either be unrelated to who wins, such as whether a fight goes to a decision or not, or apply more stringent conditions on who wins, like that a given fighter wins by submission. Here is some important information to keep in mind when dealing with proposition wagers.
The big advantage: Potentially better value
If you’re confident that a given fighter is likely to win a certain way, then a proposition line can often have a lot of value. For instance, Michael Bisping was -340 against Jorge Rivera, however the line on Bisping finishing the fight was +160. Given that Bisping was heavily favoured to win, and Rivera had never lost by decision, there was quite a bit of value on the proposition line. As another example, St. Pierre was -450 to win outright against Koscheck, but was -200 to win either inside the distance, or give up less than two rounds. Given that St. Pierre had not lost a round in his past six fights, that line had a lot of value.
The big disadvantage: Your bet is not refunded in the event of a draw
The obvious disadvantage on betting on propositions is that if you bet on a given fighter to win by decision, and that fighter wins inside the distance, you lose your bet. However a less obvious disadvantage is that when you bet on a given fighter to win by decision or inside the distance, and the fight goes to a draw, then it is counted as a loss. In contrast, if you bet on a fighter outright to win, and the fight ends in a draw, then your bet is refunded.
The reason for this is because when you placed your straight wager, a draw was not considered a part of the possible set of events, whereas with your proposition wager, a draw was. A lot of people lost money on Jon Fitch against BJ Penn because they had placed a proposition wager that Fitch would win by decision, and it is something to always keep in mind.
World Series Proposition Bets
Be prepared to pay the juice
The line on Jon Jones vs Mauricio Rua is -185 Jones, and +160 Rua. As mentioned in this article (finding value in lines theory) , these lines can be converted to percentages, and in this case those percentages add up to ~103.5%. Further, recall that those percentages add up to more than 100% so that the bookie makes a guaranteed profit. Imagine if instead the line was -200 Jones and +145 Rua, then the percentages would add up to ~107.5%. The important conclusion here is that the higher the sum percentages of all possible events in a set, the more juice there is on the lines.
Proposition Bets Super Bowl 2020
However, when dealing with proposition bets, there is typically much more juice on the lines. If you were to add up the percentages for, “Jones wins by decision” + “Jones wins inside distance” + “Rua wins by decision” + “Rua wins by decision” + “draw”, you would get a number closer to 150%. As a caveat, just because there is a lot of juice on the combined lines does not mean that it is impossible to find value on any of them.
You generally can’t parlay propositions for a single fight
Super Bowl Proposition Bets
I will spare you the details, but you can only parlay independent events. Two events are independent if the odds that one event happens remains unchanged regardless of whether the other event is known to have happened. As an example, you could never parlay “St. Pierre wins inside distance”, and “St. Pierre wins by knockout”, because the odds that St. Pierre wins inside the distance given he wins by knockout is 100%. (Although, this number need not be 100%, it only needs to be greater than the percentage chance that St. Pierre wins inside the distance). So, if you are trying to parlay propositions and the bookie is not letting you, this is probably the reason.