Prop [Meaning] - MasterTerms.com

Prop

A prop, short for proposition bet, is a wager on specific occurrences or non-occurrences within a game that don’t directly affect the outcome.

Proposition bets are typically unique wagers that focus on particular events or statistics during a game, such as whether a specific player will score a goal, the total number of points a player will achieve, or even non-sporting events like the length of the national anthem during a Super Bowl. These bets are often available in big events and can vary widely in their nature.

Prop Example

For example, a prop bet might be placed on whether a quarterback will throw over 300 yards in a football game, regardless of the game’s final score.