An Introduction to Derivatives Prop Betting Strategy
Prop bets are among the most popular form of sports betting with professional bettors. Prop is a short for proposition and a prop bet is a wager placed on anything except the point spread, money line or total. For example a prop bet could be on the team or player that is likely to score first, or the running back that will gain the most rushing yards or any other condition specified by the sportsbook.
A derivative is among the most important aspect in prop bets and you need to understand this strategy to ensure a consistent win percentage. For those who are not familiar with the term derivative, if you consider a prop bet for the team that will score first then it is considered a derivative in that it is derived from the first half line of a game.
This prop bet is a two level deep derivative, as the team that will score first is derived from the first half betting line, which in turn is derived from the betting line for the complete game. In order to ensure success in your betting endeavors, one should look for slow moving derivatives and the prop bets that have maximum derivatives deep as possible. Always remember that even when the main market moves, the derivatives follow at a much slower pace.
This article was based upon an article that appeared on Sports Geeks. For an excellent in depth analysis of derivatives and prop betting strategies, see: Prop Betting Strategy
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