5 Tips For Louisiana Prop Bets

One of the most popular sports betting categories in today’s market is props. Now, this is a very broad term so we are going to break this down into different forms. 

First, a prop bet is defined as any bet that is not tied to the final outcome or score of the game. Put simply, a prop bet is nearly any bet that isn’t a point spread, moneyline, or total bet.

Below we break down the types of prop bets and 5 tips for betting on props in Louisiana.

Types of Prop Bets

Player Props

With the wide variety of options that the current market offers, we will break down many prop options. The most common one at this point is the player prop. These come in different sports, positions, and varying odds. In the NFL, we have the TD scorer props which have gained in popularity. Betting on a single player to complete an achievement in a game or match is one of the most fun and exciting ways to bet on sports.

There are also performance totals that can be bet on. An example would be betting on passing yards for quarterbacks or assist totals in basketball. These types of bets are by far the most well-known prop bets at this point in the sports betting market.

Also Read: When will DraftKings Louisiana launch its online sports betting app?

Game Props

Examples of game props could be which team scores first, which team scores last, or most three-pointers made in basketball. Naturally, these will intertwine with player performances in-game. There are opportunities to make money when you combine game props and player props. 

The easiest way to do that is by using, sportsbooks like DraftKings and BetMGM, which offer same-game or one-game parlays in which you can add these together and make some real profit. There are some interesting opportunities for these parlays but be careful, sportsbooks can take a big vig (or fee) from these if not done correctly.

Exotic Props 

Some of the more bizarre bets that you will see can be found here. The Super Bowl is known for the exotic sports bets that are rarely have anything to do with the actual game. 

For instance, the Super Bowl is known for the famous prop: What color will the Gatorade be that is poured on the winning coach? You would be surprised how much money is bet on this every year. 

Furthermore, every year you can bet on the coin toss, the length of the National Anthem, and many more that vary each year. These exotics are quite literally up to chance and random each year, but they are fun.

Also Read: Breaking down each Louisiana sportsbook bonus offer

Tips For Prop Betting In Louisiana

No. 1: Find A Sportsbook That Allows Same-Game Parlays

This is arguably the most exciting and popular way to bet on sports these days. However, many sportsbooks do not offer same-game parlays on their platforms. This makes it very important to find a sportsbook in Louisiana that offers same-game parlays. Below are four of the most well-known sportsbooks for same-game parlays. 

DraftKings Louisiana

  • DraftKings’ same-game-parlays might be the best in the industry. They offer the best variety of sports betting options, amazing promotions that often make the same-game-parlay risk free, and will give new users $100 in free bets if they sign up before mobile sports betting apps launch in Louisiana.

BetMGM Louisiana

  • Known as the “one-game-parlay” at BetMGM, this is a newer feature but still an excellent one at that. BetMGM will let you one-game-parlay almost any betting option you want. It is currently offering new Louisiana users $200 in free bets as part of its pre-launch bonus offer

BetRivers Louisiana

  • A sleeper sportsbook! This might be the sportsbook to watch heading into 2022. Recently rolling out their same-game-parlay, BetRivers is giving new users a first deposit match of up to $250.

Caesars Louisiana

  • Caesars will cringingly call you emperor no matter what you do, so that is a bit odd. But with its same-game parlay, you could feel like one. They offer this option on NBA in extensive variety and fun. Moreover, bet $100 on NBA by Jan. 18, you will qualify for a free NBA jersey from NBAStore.com. New and Existing users qualify.

Also Read: Beginner’s guide to Louisiana online sports betting apps

No. 2: Search For The Best Odds On Player Props

This doesn’t need too much explanation but is still as important of a tip as any. Last week, DraftKings Sportsbook had NY Jets QB Zach Wilson to score a touchdown at +550. However, BetRivers Sportsbook had Wilson to score a touchdown at +1050.

He scored a touchdown on a QB sneak, and bettors that took it at BetRivers doubled the profit compared to what DraftKings was offering. Make sure you check the promotions always.

No. 3: Use Game Props And Player Props Across Different Games

This is unrelated to same-game parlays but is still noteworthy. No matter which sportsbook you choose, you can parlay any player or game prop from across different games. Looking to bet LeBron James over 8.5 assists and parlay it with Stephen Curry over 6.5 3 pointers? Every sportsbook will take that bet without hesitation.

If you feel like this is a great value, you can compound it and get a big payout.

Also Read: BetMGM Louisiana horse racing app launches

No. 4: Look For the Smallest Vig For Exotic Prop Bets

Exotic bets are mostly centered around randomness and fun. There is almost no chance that a sharp bettor will be taking any bets on the coin toss to be heads or tails or the National Anthem length. With that, a sportsbook will look to make some sort of profit on these exotic props. If the odds are +100 each way, it might be best to steer clear. 

No. 5: Take Into Account Recent Performance And Usage Before Betting On Player Props

Tyrese Haliburton is a starting guard for the Sacramento Kings. On average, Halliburton scores 12.8 PPG. If DraftKings Sportsbook has his over/under points total set at 16.5 – 3.7 more than his average – this could be a good under bet. 

However, if De’Aaron Fox is not playing that night, it could change the usage that Haliburton gets. For instance, when Fox is out, Haliburton averages 18.4 PPG and has had 3 straight 20+ games with Fox out. The total might still go under, but this is why recent games and expected increases in usage play a huge factor. 

About the Author