An NFL Prop Bet Calculator can be handy for anyone looking to add a little more variety to their game day.
Betting on the final outcome of a game is the cornerstone of sports betting. But games can be long and sometimes gamblers don’t want to wait 3 hours to find out if they win or lose. Bettors looking to add a little more variety to their gameday may want to consider adding some prop bets to their repertoire. Once reserved almost exclusively for Super Bowl Sunday, the rise of online sportsbooks has brought with it the ability for bettors to bet props on just about every NFL game that is played.
What Are Prop Bets
Prop bets or proposition bets offer the bettor a seemingly endless variety of things to bet on for any given football game. They are wagers on specific events or combinations of events to happen during the course of a game. Of course the more unlikely the event the bigger the payday which is one reason that prop bets are seeming to become increasingly popular.
What Types of NFL Prop Bets Are There
A very popular type of prop bet is on the first score of the game. Bettors can choose to wager whether it will be a touchdown, field goal, or even a safety. A touchdown or a field goal may seem like safe choices but in both Super Bowl XLVI and Super Bowl XLVII, the first score of the game was a safety, which made for a handsome payday for those brave enough to bet it.
Other popular props involve whether seemingly uncommon plays like a 4th down conversion, 2 point conversion will happen. The nice thing about those types of props is that you get to watch the whole game hoping for them to happen but as soon as they do, you can start celebrating. More traditional bets on the other hand are not over until the final whistle. No lead can really be considered safe anymore, just ask the Atlanta Falcons.
If you are a fan of the kicking game, you can bet on how many punts or field goals there will be. You can bet on which will be the highest-scoring quarter or whether either team will score 3 or 4 consecutive times. There really are a seemingly endless variety of other options.
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What Is A NFL Prop Bet Calculator
An NFL Prop Bet Calculator attempts to find the fair price for a large number of props based on a very limited number of inputs. It takes the spread and over/under total for the game and calculates the probability of dozens of popular props based on a database of historical games. It calculates both the probability of the event happening, the odds you would need to get an advantage and tells you how much you would win for a given bet size.
How To Use A NFL Prop Bet Calculator
The NFL Prop Bet calculator is remarkably simple to use. You simply enter the point spread of the game and the projected total points as well as your desired bet amount. For each prop listed, it will tell you the probability that the stated event will happen, what odds you would need to get to make it a fair bet, and what the payout would be for your standard bet size.
You can then take those numbers and compare them to the odds at your favorite sports betting site to look for good values. Or another option is to start by looking at the props on your favorite sports betting site to find one that looks like fun. Then check the NFL prop bet calculator to see what the fair odds should be based on historical probabilities before you decide whether you really want to make the bet.
For instance, it may not feel very likely that one team scores 3 consecutive times in an NFL game but it happens over 62% of the time so if you see that prop offered at even money that would be a great bet.
Check out some of our other NFL betting resources:
FAQs — NFL Prop Bet Calculators
It used to be that you would only see prop bets in Vegas on Super Bowl Sunday. Now you can find some amount of props on just about every online sportsbook for just about every NFL game. There are plenty of sites out there so shop around until you find one that has a selection that you like.
An NFL prop bet calculator can help you find bets that may be undervalued by the market.
It is a good place to start! The NFL prop bet calculator shows you the probability of each event based on a historical database of NFL games. If you take the time to shop for undervalued props, you can find some good bets out there. Of course, the calculator is based on average historical performances. You should always make sure to consider specific factors such as injuries and weather before making any final betting decisions.