Best Prop Bets Betting Sites & Apps 2023

Best Prop Bets Betting Sites & Apps 2023

Table Of Contents:

With the legalization of sports betting in several states, the market has witnessed a surge in the number of sportsbooks. Eager to attract new customers, these sportsbooks are striving to cater to their preferences effectively.

Prop Bets have gained immense popularity among sports bettors since there are countless options available. To meet customer demands, sportsbooks are focused on providing a seamless and enjoyable experience for placing Prop Bets. This article will assess the top Prop Bets sportsbooks within the industry.

🔥 Top 5 Prop Bets betting sites

In the table below, we have listed our top Prop Bets betting sites based on several factors. We evaluated these Prop Bets sportsbooks based on the number of Prop Bets markets, the odds for Prop Bets and the value of each sportsbook’s new-user promo.

SportsbookWelcome Offer + CodePickswise Rating
FanDuel
Fanduel logo
Bet $5, Get $150 in Bonus Bets If Your Bet Wins + 3 Free Months of NBA League Pass5/5
Caesars
$1,000 First Bet on Caesars4.8/5
BetMGM
BetMGM logo
$1,500 in First-Bet Protection4.8/5
DraftKings
DraftKings logo
4.7/5
bet365
Bet365 icon
Bet $5 and Get $150 in Bonus Bets OR $1,000 Back If Your First Bet Loses
💰💰💰
4.6/5

💻 Best Prop Bets betting sites

In this section, we will be going into the details of each of our top Prop Bets betting sites. We’ll explain why these Prop Bets Sportsbooks landed on our top five list and teach you all about the available sign-up bonuses that can be claimed.

FanDuel Prop Bets betting

FanDuel Sportsbook was found to be an excellent place for Prop Bets due to its smooth mobile app, great odds and a huge selection of prop markets. FanDuel has both single-game and season-long prop markets, all at extremely competitive odds compared to other Prop Bets sportsbooks. To welcome you to the sportsbook, FanDuel’s new-user promo is a very generous offer. You can claim it by clicking here 👈.

FanDuel welcome offer

New customers can claim $150 in bonus bets from a $5 wager. Once your first bet settles, you'll receive your bonus bets so long as you meet the key terms and conditions. There is no odds restriction tied to your qualifying wager, so you can risk $5+ on any bet you'd like. For a limited time FanDuel are also offering 3 months of free NBA League Pass for the start of the new basketball season

Why you should bet with FanDuel

  • Huge deposit bonus
  • Live betting markets for any sport
  • Mobile app with mini-games for real-cash prizes

What states is FanDuel available in?

AZ, CO, CT, IA, IL, IN, KS, KY, LA (permitted parishes only), MA, MD, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV or WY.

Caesars Prop Bets betting

A key feature of Caesars Sportsbook that makes it one of the best available Prop Bets betting sites is the amount of season-long prop markets. Many sportsbooks offer single-game prop betting markets, but Caesars shines with the number of future prop markets. For example, in the NFL, you can bet on which player will lead the league in almost any stat you can think of, including passing touchdowns, rushing yards and sacks. Start your betting journey with Ceasars by ➡️ joining here ⬅️ with promo code PICKSWISE1000.

Caesars welcome offer

Caesars is offering first-bet insurance to all new customers who sign up for a new account and place a first deposit of $10+. If your first wager loses, you'll get your wager amount back in a bonus bet worth up to $1,000. Just enter the Caesars promo code at sign-up.

Why you should bet with Caesars

  • Many great promotions like the Caesars bonus code
  • Early payouts and cash-out opportunities on many bets
  • Some of the best odds available

What states is Caesars available in?

AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, OH, TN, VA, WV or WY

BetMGM Prop Bets betting

BetMGM has so many single-game prop markets available, making it one of the best Prop Bets betting sites in the industry. Its mobile app also organizes the markets extremely well, making it easy to find the bet you are looking for. For example, MLB games are divided into Pitching Props, Batting Props and Star Player Props, with multiple options in each category.

Under Batting Props, you will find prop bets for Home Runs, Hits, RBIs, Total Runs, Singles, Doubles, Triples, Bases, Stolen Bases, and Hits+Runs+RBI. You are sure to find a prop no matter what you are looking for.  ☀️ Create a new account ☀️ today with BetMGM.

BetMGM welcome offer

New members who sign up for an account with DraftKings Sportsbook can claim $150 in bonus bets from just a $5 first bet, no matter the result of that first wager. You don't even need a DK promo code. After signing up and depositing $5+, you can wager $5 or more on any betting market without worrying if you win or lose, because you'll automatically earn 8 $25 bet credits from DK either way.

Why you should bet with BetMGM

  • User-friendly website and mobile app
  • Live betting with live streaming 
  • 24/7 customer support

What states is BetMGM available in?

AZ, IA, IN, KS, KY, LA, MI, NJ, OH, PA, VA, WV or WY

DraftKing Prop Bets betting

It’s no surprise to see DraftKings on the list of best Prop Bets betting sites, as its original business was built around player performances. DraftKings began as a Daily Fantasy Sports (DFS) company that allowed for the selection of specific players.

This carried over to DraftKings Sportsbook, which now offers a great Prop Bets experience. What is nice about DraftKings is that there are specific odds boosts built around player props. For example, DraftKings combines three player props into a Same Game Parlay and boosts the odds for bigger payouts. Sign up for a new account 📝 today and get started with DraftKings.

DraftKings welcome offer

New members who sign up for an account with DraftKings Sportsbook can claim $150 in bonus bets from just a $5 first bet, no matter the result of that first wager. You don't even need a DK promo code. After signing up and depositing $5+, you can wager $5 or more on any betting market without worrying if you win or lose, because you'll automatically earn 8 $25 bet credits from DK either way.

Why you should bet with DraftKings

  • Large variety of betting types and markets
  • Competitive odds on sports from all over the world 
  • Daily fantasy sports using your sports betting bankroll

What states is DraftKings available in?

AZ, CO, CT, IA, IL, IN, KS, KY, LA (permitted parishes only), MA, MD, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV or WY

Pulling from the table above, you will find all of the best NASCAR betting sites listed below. For each of these NASCAR sportsbooks, we will include their current welcome offer and what makes them stand out from the other best Racing betting sites

bet365 Prop Bets betting

Bet365 is one of the top Prop Bets betting sites because customers have the ability to live stream many sporting events on their website. They have a long standing brand overseas and are quickly moving into the States now. You can get in on the action with Bet365 by clicking here 👈 and signing up for a new account.

bet365 Welcome Offer

New Bet365 customers can choose between two welcome offers. The first gives $150 in bonus bets from a $5 first wager, whatever its outcome. The second is first-bet insurance worth up to $1,000. You'll get your first bet back in bonuses if it doesn't win, up to the $1,000 maximum.

Why you should bet with Bet365

The following are reasons why you should bet with Bet365:

  • Bet365’s reputation continues to grow
  • Bet boosts for select markets
  • Ability to live stream bets

What states is Bet365 available in?

AZ, CO, IA, IN, KY, LA, NC, NJ, OH and VA

🔢 How we rate Prop Bets sportsbooks

While reviewing each Prop Bets sportsbook, we graded each betting site on the prop betting experience for customers. We looked at criteria that included the number of available prop markets, the odds of prop bet selections, as well as the new-user promos when joining each of the sportsbooks. Each of the Prop Bets betting sites highlighted in this article scored very well in each aspect of the evaluation and comes with a strong recommendation from us at Pickswise.

🎯 Prop Bets betting sites features

The table below summarizes which features you will find at each of the best Prop Bets betting sites.

SportsbookSingle-game propsSeason-long propsPre-game cash outNew-user promosProps in Same Game Parlays
FanDuelX
CaesarsX
BetMGM
DraftKingsX
bet365X

Single-Game Props

As you can see, all of our best Prop Bets betting sites allow for Single-Game prop betting. These are the most common type of prop bets, so it is not surprising that all of the sportsbooks have these markets available. However, our best Prop Bets betting sites scored very highly in this category based on the number of available prop bets. You are likely to find prop bets for just about every event in the game you are wagering on.

Season-Long Props

In addition to single-game props, season-long props are another popular market for sports bettors. Our best Prop Bets betting sites have tons of these markets, which include which player will lead the sport in several statistical categories, which player might win the MVP award, and team props such as which will be the last undefeated team in the NFL.

New-User Promos

It’s important to consider new-user promos when selecting a Prop Bets sportsbook, as it can be a great way to help boost your initial bankroll. Each sportsbook has a unique welcome offer, but all of them are extremely valuable. Use the above sections to learn about what you can earn as part of these promotions.

Props in Same Game Parlays

Same Game Parlays are extremely popular among sports bettors and the ability to include Prop Bets into Same Game Parlays is desirable. With Same Game Parlays, you are combining multiple bets from the same game into one parlay. Including Prop Bets in the SGPs is a great way to add legs to the parlay for higher potential payouts.

🤔 How to choose a sportsbook for Prop Bets?

All of the factors described above should be strongly considered when picking a Prop Bets betting site. I love the creativity that betting on props provides, as there are countless options to choose from. When I am looking for a Prop Bets Sportsbook, I place a large emphasis on the number of props offered. I love to handicap a game from all angles and evaluate which players might perform better than others. Having prop markets for many players and statistics is vital to my success as a sports bettor.

⚖️ Are these Prop Bets sportsbooks legal and legit?

Yes, all our Prop Bets betting sites are legitimate and fully compliant with legal regulations. 

Here are the states where online sports betting is legal: 

Online sports betting was legalized in May 2018 and has since gained legal status in numerous states nationwide. As long as you meet the age requirement of at least 21 years and are physically present in one of the eligible states, you are eligible to sign up with a sportsbook and immediately start placing Prop Bets.

FAQs

What is a Prop Bet?

A Prop Bet, or Proposition Bet, is a bet on the occurrence or non-occurrence of a particular event during a sporting event that is not directly affected by the result of the game. For example, you could bet on a Quarterback to throw over 1.5 touchdowns and the prop bet would win if the QB throws at least 2 touchdowns, regardless of whether his team wins the game or not.

Yes, betting props is legal anywhere where online sports betting is legal.

There isn’t one specific sportsbook that offers the best odds on Prop Bets, as odds shift dramatically as bets are made. It’s wise to have multiple Prop Bets sportsbooks available to ensure you get the best odds.