Back to Types of Prop Bets Across Sports
Chapter 3Exercise

Building Your Strategy

Combining prop types into a coherent betting strategy

Building Your Prop Market Strategy

Understanding prop types is the first filter. But knowing which markets are structurally beatable doesn't mean you'll beat them. That requires applying everything you've learned into a cohesive, personalized strategy.

Key Insight

The scorecard is a starting point, not a finish line. Markets evolve, books adjust, and edges shift. Your strategy must be adaptable and grounded in self-awareness about your actual advantages.

From Props to Process

Profitability in prop betting requires three pillars:

PillarWhat It MeansWhere to Learn More
Market SelectionChoosing prop types where your edge can surviveThis chapter
Statistical LiteracyUnderstanding variance, distributions, and probabilityChapters 6-10
Bankroll ManagementSizing bets appropriately for your edge and varianceChapter 5

Without all three, you will lose money—either from betting the wrong markets, misunderstanding your edge, or blowing your bankroll during inevitable downswings.

Specialization vs. Breadth

One of the most important strategic decisions is: How narrow should your focus be?

The Case for Specialization

Arguments:

  • Deeper knowledge of player tendencies and matchups
  • Better intuition for when lines are wrong
  • More efficient use of limited research time
  • Harder for others to compete in your niche

Example Specializations:

  • NFL tight end props only
  • NBA backup point guard props
  • MLB pitcher strikeouts for specific umpires
  • NHL shots on goal for specific teams

Tip

Start narrow. It's easier to expand from deep expertise than to build expertise across scattered markets.

The Case for Breadth

Arguments:

  • More betting opportunities per week
  • Diversification reduces variance
  • Can exploit promotions across multiple sports
  • Less susceptible to rule changes in one league

Appropriate Breadth Levels:

Time AvailableRecommended Scope
5 hours/week1 sport, 2-3 Core prop types
10 hours/week1-2 sports, 4-5 prop types
20+ hours/week2-3 sports, broader prop coverage

Building Your Personal Edge Map

Before each betting cycle (week or season), create an edge map:

Step 1: Identify Your Advantages

Ask yourself honestly:

  • Time advantage? Can I monitor lines and news faster than most?
  • Analytical advantage? Do I have models or tools most bettors don't?
  • Specialization advantage? Do I know a specific niche deeply?
  • Promotional advantage? Am I optimizing sportsbook offers?

Step 2: Match Advantages to Markets

Your AdvantageBest Market Types
Fast news monitoringRole change props, injury-impacted props
Strong projection modelsCore volume props (yards, points, strikeouts)
Deep niche knowledgeSecondary player props, situational plays
Promo optimizationDerivative props with boosts

Step 3: Set Market Boundaries

Decide in advance:

  • What I will bet: List specific prop categories
  • What I will not bet: List excluded categories
  • Conditions for exceptions: When will I break my rules?

Warning

Most betting mistakes come from straying outside your edge zone. Having explicit boundaries prevents emotional decisions.

The Complete Market Selection Scorecard

Here's a comprehensive reference combining all prop types across major sports:

NFL Props

Prop TypeTagNotes
QB Passing Yards O/UCoreHigh modelability, clear drivers
QB Passing TDs O/UCoreMedium variance, good for game script reads
RB Rushing Yards O/UCoreWeather and game script dependent
WR/TE Receiving Yards O/UCoreMatchup-sensitive
WR/TE Receptions O/UCoreHigh stability, targets trackable
Anytime TDSituationalOne-way, high vig, use with promos
First TD ScorerAvoid (except)Extreme variance, promo-only
Longest Reception O/USituationalSingle-event, lower modelability

NBA Props

Prop TypeTagNotes
Points O/UCoreMinutes and usage driven
Rebounds O/UCoreHigh stability
Assists O/UCoreRole-dependent
PRA Combo O/UCoreLower variance than individual stats
3-Pointers Made O/USituationalHigher variance
First BasketSituationalTip-off advantage matters
Double-Double Yes/NoSituationalCompound probability

MLB Props

Prop TypeTagNotes
Pitcher Strikeouts O/UCoreMost modelable MLB prop
Team Total Runs O/UCorePitcher + ballpark driven
Batter Total Bases O/USituationalHigh variance
Home Run YesSituationalModelable but variance-heavy
First Inning RunSituationalLineup-dependent

NHL Props

Prop TypeTagNotes
Shots on Goal O/UCoreLower variance than goals
Team Total Goals O/UCoreGoalie matchup critical
Points O/USituationalPP time dependent
Anytime Goal ScorerSituationalOne-way, high vig

Sample Strategies by Bettor Type

The Time-Constrained Recreational

Profile: 5 hours/week, wants entertainment with edge

Strategy:

  • Focus: NFL only, player yards props
  • Markets: QB passing yards, RB rushing yards, WR receiving yards
  • Edge source: Basic projections + line shopping
  • Bet frequency: 5-10 bets per week
  • Key rule: Never bet derivatives without promo boost

The Part-Time Sharp

Profile: 15 hours/week, serious about profitability

Strategy:

  • Focus: NFL + NBA, Core props only
  • Markets: All Core volume props + team totals
  • Edge source: Custom models + injury monitoring
  • Bet frequency: 20-40 bets per week
  • Key rule: Track closing line value, adjust models quarterly

The Full-Time Professional

Profile: 40+ hours/week, prop betting is primary income

Strategy:

  • Focus: Multi-sport with deep specialization in 2-3 niches
  • Markets: All Core props + situational derivatives with edge
  • Edge source: Advanced models + real-time information + promo optimization
  • Bet frequency: 50-100+ bets per week
  • Key rule: Continuous model validation, diversified book accounts

Tracking and Iteration

Your strategy should evolve based on results. Track:

Weekly Review Questions

  1. What prop types performed best/worst?
  2. Where did I find unexpected edge?
  3. Where did I bet without clear edge?
  4. Did I stick to my market boundaries?
  5. What patterns should I investigate further?

Quarterly Strategy Adjustment

  1. Review win rates by prop category
  2. Assess closing line value by market type
  3. Identify markets where edge has eroded
  4. Explore new markets where edge may exist
  5. Adjust specialization based on results

Key Insight

Revisit this chapter quarterly to reassess where your edge still exists. Markets evolve, books adjust, and edges shift. The best bettors continuously adapt.


📝 Exercise

Instructions

Apply what you've learned to design a personalized prop betting strategy.

A bettor has 5 hours per week for research and wants to maximize profitability. What is the BEST strategic approach?

You've been profitable on MLB pitcher strikeout props but losing on MLB batter total bases props. What is the appropriate strategic response?

Which of these represents an appropriate 'exception' to a rule against betting derivative props?

Chapter 3 Summary

You've now learned to categorize and evaluate the entire universe of prop bets:

âś… Four categories: Player Performance, Team Props, Derivative Props, Micro Props

âś… The Quality Checklist: Market structure, liquidity, variance, driver clarity, edge source

✅ The Scorecard System: Softness, Stability, Modelability, Execution → Core/Situational/Avoid

âś… Strategic Framework: Specialization vs. breadth, edge mapping, boundary setting

Key Takeaway: The goal is not to bet more props. The goal is to bet the right props—markets where your specific advantages give you a fighting chance to overcome variance and vig.

Tip

Next Steps: You now know which props to bet. Chapters 4-5 will teach you the probability and bankroll foundations. Chapters 6-10 build your statistical toolkit for actually projecting props. This chapter is your market map—return to it whenever you're considering a new market.