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The News God > Blog > Tech & Autos > Mastering Mobile Apps: Prop Bets and Parlays for the Savvy Bettor
Tech & Autos

Mastering Mobile Apps: Prop Bets and Parlays for the Savvy Bettor

Rose Tillerson Bankson
Last updated: June 13, 2024 6:47 am
Rose Tillerson Bankson - Editor
June 13, 2024
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8 Min Read
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The convenience of mobile sports betting apps, like the one Betcris offers, has revolutionized the way bettors wager on their favorite teams and athletes. With a plethora of options and enticing features, it can be easy to get overwhelmed; however, there are certain tips and tricks bettors can employ to get the most out of the experience.

Contents
  • Understanding Player Props: Decoding Individual Performance
    • Prop Bet Types
    • Research is Key
    • Finding Value
  • Prop Betting Strategies for Mobile Apps
    • Target Specialists
    • Exploit Matchups
    • Consider Weather Conditions
    • Start Small, Scale Gradually
  • The Allure of Parlays: Combining Bets for Bigger Payouts
    • Crafting Winning Parlays on Mobile Apps
    • Focus on High-Probability Bets
    • Limit the Number of Legs
    • Correlated Bets
    • Parlay Insurance
  • Utilizing Mobile App Features to Enhance Prop and Parlay Betting
    • Live Betting
    • Alerts and Notifications
    • Cash Out Option
    • Free Bets and Promotions
  • Responsible Betting Practices
    • Bankroll Management
    • Don’t Chase Losses
    • Take Breaks

Understanding Player Props: Decoding Individual Performance

Player props, short for proposition bets, focus on the statistical performance of a single player in a specific game. These bets offer a thrilling way to add another layer of excitement to your sports viewing experience. Here’s what you need to know:

Prop Bet Types

The variety of player props is vast, ranging from basic statistics like points scored or rebounds grabbed to more specific outcomes like the total number of three-pointers made by Giannis Antetokounmpo or how many TDs Kansas City Chiefs QB Patrick Mahomes will throw in a game.

Research is Key

Don’t be fooled by a player’s name recognition.  Successful prop betting requires in-depth research. Look at recent performance trends, matchup analysis (considering opponent strengths and weaknesses), and injury reports. Reliable sports news websites and statistics aggregators are invaluable resources.

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Finding Value

Mobile apps allow you to compare odds from different sportsbooks. Savvy bettors pay attention to how lines fluctuate. If a prop bet for a player’s points suddenly shifts from over 25.5 points to over 23.5 points with decreasing odds, it might indicate that money is pouring in on the “under.” This movement could be a sign of an injury or a defensive matchup that favors the opposing team. Analyze these shifts to potentially find value on the opposite side of the line.

Prop Betting Strategies for Mobile Apps

While the excitement of prop bets lies in their ability to add an extra layer of intrigue to your favorite games, they also require a strategic approach to maximize your potential winnings.

Target Specialists

Identify players known for excelling in specific areas. For example, if a running back is averaging over 100 rushing yards per game, a prop bet on him exceeding that total might be a good opportunity.

Exploit Matchups

Look for favorable matchups where a player can potentially exceed their average stats. A wide receiver facing a weak secondary could be a candidate for a high reception total prop bet.

Consider Weather Conditions

Under some circumstances, external factors can influence player performance. If a game is expected to be high-scoring due to rain, player prop bets on quarterbacks and receivers might offer value.

Start Small, Scale Gradually

Prop bets can be volatile, so begin with smaller wagers as you build confidence in your research and analysis. Think of it as an investment in your knowledge. Start by placing a small bet on a prop you feel strongly about, based on a player’s past performance and a favorable matchup. 

As you gain experience analyzing trends and identifying valuable opportunities, you can gradually increase your stake size. This measured approach allows you to learn from your wins and losses without risking significant amounts of money upfront.

The Allure of Parlays: Combining Bets for Bigger Payouts

Parlay bets involve combining multiple individual wagers into a single ticket. If all your selections win, you get a significant payout that’s much higher than what each individual bet would offer. However, the risk is also amplified; if even one leg of the parlay loses, the entire bet is unsuccessful.

Crafting Winning Parlays on Mobile Apps

The allure of parlays lies in their potential for massive payouts. By combining multiple wagers into a single bet, you can turn a small stake into a significant windfall. However, the challenge lies in navigating the inherent risk.

Focus on High-Probability Bets

Parlays are most effective when each leg has a high chance of winning. Prioritize strong favorites and avoid risky picks, even if they offer tempting odds.

Limit the Number of Legs

The more selections in your parlay, the exponentially harder it is to win. Stick to 2-3 leg parlays to increase your chances of success.

Correlated Bets

Consider including correlated bets in your parlay. For example, if you’re betting on a team to win and their star player to score a touchdown, these selections are somewhat correlated, increasing the potential payout if both hit.

Parlay Insurance

Offers Some mobile apps offer parlay insurance, which provides a partial refund if you lose your parlay by one leg.  Take advantage of these promotions when available to minimize risk.

Utilizing Mobile App Features to Enhance Prop and Parlay Betting

Mobile sports betting apps are loaded with features designed to elevate your betting experience.  Here are a few key functionalities to leverage:

Live Betting

Many apps allow for in-game wagering. Use live prop bets and parlays to react to how the game unfolds and potentially capitalize on emerging trends.

Alerts and Notifications

Set up personalized alerts for specific player props or teams. This can be crucial for taking advantage of sudden line changes or late injury updates.

Cash Out Option

Some apps offer a cash-out feature that allows you to settle your bet early, even before the game ends. This can be helpful for locking in profits or minimizing losses.

Free Bets and Promotions

Mobile sportsbooks frequently offer free bets or deposit match bonuses. Utilize these promotions to try out new prop bets or parlays without risking your own money. 

Responsible Betting Practices

The thrill of a winning bet is undeniable, but it’s crucial to remember that sports betting should always be approached responsibly. Before diving into the world of player props and parlays, establish some ground rules. 

Bankroll Management

Set a budget for your sports betting activities and stick to it. Only wager what you can afford to lose.

Don’t Chase Losses

Avoid the urge to place increasingly risky bets to recoup losses. This can lead to a dangerous downward spiral.

Take Breaks

Sports betting should be a form of entertainment, not an obsession. Take breaks and avoid compulsive gambling habits.

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