What Is A Prop Bet And How Does It Make Me Money

Super Bowl betting has become big business in the world of sports betting, especially in the props section. Props bets are ones made on things specific to a big event, such as the aforementioned Super Bowl, or an awards show. Props betting has been around forever, but only began to take off in popularity during the 1980s in particular, during Super Bowl 20. Here is the story of props betting, and why it can make you a bookie software profit.

Super Bowl 20 featured the Chicago Bears taking on the New England Patriots. Chicago was led by defensive star William the Fridge Perry, and Head Coach Mike Ditka. Throughout the 1984 – 85 season, Ditka had frequently used Perry on both sides of the ball, as a fullback for some offensive plays. As a result, in the weeks leading up to Super Bowl 20, the sportsbooks created the prop bet that Perry would be used to score an offensive touchdown. The odds on yes it would happen were 26 to one while no had five to one odds. For the reason that the difference in odds was so significant, many NFL scores handicappers took yes.

But, in the week leading up to Super Bowl 20, Ditka announced, that Perry would only be used on the defensive side of the game, and was unlikely to be used as a fullback. With this in mind, the sportsbooks were licking their chops, because of how much money they stood to make from all the mistaken wagers by the public. Nevertheless, as luck would have it, near the end of the game, Mike Ditka put William Fridge Perry in for the final scoring play, and a billion dollar industry was born.