Prop Builder betting is relatively new in comparison to other sports betting variations, but the concept is very similar. Most sportsbooks offer conventional betting using either cash or credit cards, but with Prop Builder you can make your own opportunities. As the name suggests, this particular betting variant allows you to utilize tools (commonly known as “building blocks”) to create your own betting scenario, and thus give you the ability to beat the odds.
How Does It Work?
Generally speaking, Prop Builder betting works by taking a team you have an interest in and applying certain settings to create a winning or losing situation. For example, if you’re backing Barcelona, the Spanish league champions, you would select Barca as your team and set up a winning or losing proposition based on the match result. In this case, you would set up a losing proposition if Barca loses and a winning proposition if Barca wins.
It’s important to keep in mind that just because you’ve set up a proposition doesn’t mean you’ll automatically profit from it. In fact, the chances of you winning or losing depend on the size of the bets you make. So if you want to have the best chance at winning, make smaller bets. Likewise, if you want to minimize your losses, make larger bets. This concept is known as “hedging your bets.”
Why Is It Popular?
As mentioned above, the main attraction of Prop Builder betting is that it gives you the ability to create your own betting scenarios and thus have a better chance of having positive ROI (return on investment). There are many examples of successful Prop Builder propositions, including some created by none other than Colin Kaepernick (then of the San Francisco 49ers) utilizing the tool before the 2018 NFL season.
In order to take advantage of this feature, all you need to do is identify a team you like and want to follow, and then apply the settings to create your own situation. For example, let’s say you’re a huge basketball fan and want to create the next great Chicago Bulls legend. You would find the perfect player in [insert name] and set up a team with the perfect combination of height, length, and athletic ability. Once that’s done, you can start configuring bets to see how this particular player performs under specific conditions. In this case, you would want to create a winning situation if the player scores 20 points or more, and a losing proposition if the player scores fewer than 20 points.
Because basketball is a collective term that can cover a variety of games featuring two to five players, the first thing you will want to do is choose which NBA (National Basketball Association) league you will be following. Once that’s done, you can start configuring your bets.
To create the perfect Chicago Bulls team using Prop Builder, for example, you would first need to find a tall, athletic forward in the NBA. Once you’ve found that perfect player, you can start creating your team using the other available options. You can even use Prop Builder to find the perfect line combination for a single play in a single NBA game using tools like Over/Under or Total/Average.
How Do I Create My Own Prop Builder Betting Scenarios?
As mentioned above, all you need to do in order to get started with Prop Builder is select your favorite team and then apply the settings to create your own betting scenario. So let’s say you’ve selected the Golden State Warriors as your team. When you get to the settings page, you will see a tab for “Bet Type” with three options:
- Betting On The Favorites
- Exacta
- Prop Building
The first option, “Betting On The Favorites,” lets you choose which teams you want to give odds on. In this case, you would have to configure your settings so that you are only backing the Warriors. You can do this using the drop-down menu under the “Bet Type” tab. Once you’ve made that selection, you can continue to the next tab, “Conditions.”
What Are The Most Popular Settings For Prop Builder Betting?
It’s fairly common for bettors to use certain settings for specific teams. For example, many people use Over/Under for boxing matches and horse racing but use Total/Average for basketball games because they think that the spread in basketball is too great to accommodate for O/U betting.
There are three popular settings used for Prop Builder betting: Over/Under, Total/Average, and Most Valuable Player.
Over/Under
This setting takes the random element out of the game by letting you choose whether to bet on the favorite (in this case, Golden State) or the underdog (San Antonio). Remember: this is betting, so you are always choosing the side with the “better” chance of winning, regardless of whether that is the favorite or the underdog. If Golden State is your favorite team, you would want to create an Over situation, while if San Antonio is your team, you would want to create an Under situation. You can’t win both; if you want to win money you had to pick one!
The reason Over/Under is such a popular setting for Prop Builder is that it provides a nice balance between luck and skill. If you believe in both, you could end up losing a lot of money. For example, if you’re a massive fan of the New York Yankees and they’re playing the Cleveland Indians, and you’ve set up an Under scenario, you could find yourself in a losing proposition because you believe the Indians have the advantage of playing at home.
Total/Average
This is the most popular setting for basketball because it takes into account both team skill and the amount of games each team has (i.e. the total amount of points scored). If you want to use this setting, you would have to create a team with the perfect combination of height, length, and athletic ability. Once you’ve done that, you can start configuring your bets.
The main advantage of using Total/Average for basketball is that it evens out the odds. If you want to create the perfect Chicago Bulls team using Prop Builder, you would want to use this setting because it allows you to make unbiased predictions. The disadvantage, however, is that this setting doesn’t provide any information about past results. So if you want to back the Warriors and use their statistics from last season, you would have to go with the Over/Under setting because at least then you’ll know what to expect.
Most Valuable Player
This setting is pretty self-explanatory. Using this setting, you can select the player you want to follow and create a team with them. Once that’s done, you can start configuring your bets so that you are placing your wagers on the player’s performance in actual games. You can’t, however, use this setting for individual competitions like the NCAA Tournament because the MVP is determined based on overall performance throughout the entire season. This can vary from player to player and game to game, making it difficult to handicap exactly how many points the player will score or if he will score at all!
Since the perfect team hasn’t been created in the above examples, let’s say you’re still playing with the Warriors. Under the “Bet Type” tab, you would have to uncheck the box next to “Betting On The Favorites,” and then click the “Apply” button. On the next page, you would have to choose the conditions for your proposition. In this case, you would want to use the “Total” setting because you’re going against the spread in a win or lose proposition.
Once that’s done, you can start configuring your bets. You would want to back the Warriors in this case, but instead of placing your wager on them winning or losing, you would want to bet on them scoring exactly 20 points. To do this, you would have to go to the “Confirm” tab, and then fill in the spaces next to the words “Exacta.”
You can do the same thing for the other two examples by repeating the above steps, but instead of backing the Warriors, you would want to create the perfect season for the New York Knicks. This is fairly easy to do using Prop Builder because there are only a few requirements. You would need a point guard, a small forward, and a big forward to form the perfect season. Once you’ve got those three players, you can start configuring your bets.