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How to Prop Bet on FanDuel Sportsbook | Complete Guide

ByFrank Ammirante

Sep 15, 2022

FanDuel is one of the most popular operators in the sports betting industry, renowned for its expansive selection of props. These are bet types where you can focus on player or team-based outcomes instead of choosing the winning team or the combined score.

This type of wagering works perfectly with several sports, such as the NFL, which features several stats to choose from, each related to passing, rushing, or receiving. It’s also great with the NBA, which features multiple options like points, rebounds, assists, and more.

In this article, we’ll provide you with a breakdown of how to bet props on FanDuel Sportsbook. This is one of the best platforms for this bet type, so you’re in for a treat.

How to Do Prop Bets on FanDuel

Placing a prop bet on FanDuel Sportsbook is an easy process, simply follow the steps outlined below.

Step 1: Create an Account or Sign In

Click one of our Bet Bonus buttons to unlock the FanDuel welcome offer. If you already have an account, select “Log in.” New users will select “Join now,” where they will input personal information like Name, Phone Number, E-Mail Address, City, and more. From there, check off each box to affirm your information and wait for a confirmation e-mail.

Step 2: Deposit Money

You’re now ready to put money into your account. Select “Add Funds,” which is located at the top-right corner of the page. You’ll now see the deposit methods available at FanDuel, such as Credit Card, PayPal, and more. Select your preferred form of payment and type in the amount of money you’d like to deposit. Your balance will immediately reflect this number.

Before you sign up and deposit, get the No Sweat Bet FanDuel promo. If your wager loses, you will get 100% of it back in free bets, up to $1,000.

Step 3: Choose Your Bet

You can start researching your favorite props now. Let’s say that you want to place a bet on an NFL prop. Select “Football” and then “NFL” to get to the schedule. You’ll now see each of the games for that given week. Choose your preferred game by clicking on “More Wagers.” There will be a list of player and team props available for you.

Step 4: Add to Your Bet Slip

Once you’ve decided on your preferred pick, click it to add it to your Bet Slip. You will be prompted to input your stake under “Wager,” which will then show you how much your payout will be based on the odds. Click “Place Bet” when you’re ready.

Step 5: Straight Bet or Parlay?

If you want this wager to be a straight bet, just click “Place Bet” once you’ve selected the pick. If you want to combine it with a prop from another game, go back to the main page where each game is shown. Click another prop from the different game to add it to a parlay. Lastly, if you want to make a Same Game Parlay with props, you’ll find that in the “More Wagers” section.

Types of FanDuel Prop Bets

There are several different prop bets available, such as player, game, novelty, and team props. You’ll find a description of each below.

Player Props

These are player-based outcomes. You can either bet Over or Under on an assigned number or select a moneyline attached to the prop.

For example, I can select LeBron James to score Over 27.5 points or choose Rashaad Penny to lead the league in rushing for Week 1 at +2000 odds.

Game Props

These are choices related to either a full match or a portion of the game.

For example, I can take no runs in the first inning in the Yankees-Red Sox game. I may also go with Over 20.5 points in the first half.

Novelty Props

Novelty props are unique to the rest because they’re either innovative choices or they aren’t related to the outcome of the game.

A good example of this is “First Basket Scored” in an NBA game, where you choose which player scores first. This is unique to FanDuel and not often offered on other platforms. Another example can be “Heads or Tails” in the coin toss of an NFL game.

Team Props

These are related to specific teams. You can take an outcome in a specific game like Washington Commanders Over 17.5 points or Under 3.5 sacks. You may also choose a team prop that will settle at the end of the season, such as the Over on a team’s projected season win total, like Seattle Seahawks Over 5.5 wins.

Draft Props

FanDuel has draft props for each sport, such as NFL, NBA, NHL, and MLB. You’re able to choose several options such as “First Player Drafted” or even take the Over or Under on a player’s projected draft position. An example of this can be Paolo Banchero Under 1.5.

Does FanDuel Have Player Props?

FanDuel has a robust selection of player props. Here are a few examples:

  • NFL: Pass/Rush/Receiving Yards, Touchdowns, Receptions
  • NBA: Points, Rebounds, Assists, Three-Pointers, Steals, Blocks
  • MLB: Strikeouts, Total Bases, Hits, Home Runs, Total Outs
  • NHL: Goalscorers, Shots on Goal, Points, Assists, Powerplay Points

Where Are Player Props on FanDuel?

You’ll find the player props under the “More Wagers” section on your desired sport. For example, if I want to take a LeBron James player prop, I’d select “NBA” and then “More Wagers” on the Lakers game. From there, I’d see a list of different props and I can search for my preferred one.

FanDuel immediately starts you off in the “Popular” section when you click “More Wagers,” which is good because there’s a good chance that you’ll find what you’re looking for here. If you don’t, scroll through the choices right above the game and go to “All,” so you can see everything available for this game.

FanDuel Player Props Rules

There are some rules worth noting when making player prop bets, such as the following:

  • MLB Pitchers: void if the Listed Pitcher does not start, which means throw the first pitch of the game
  • MLB Hitters: must have at least one plate appearance
  • NBA Players: bets stand once the player has stepped onto the court, regardless of total playing time
  • NHL Players: players must step onto the ice for the bet to stand.
  • Soccer: The player must come on the field.
  • Injuries don’t matter. If your player leaves early, the bet will still be active.

FanDuel Prop Bets for NFL

There is a comprehensive selection of prop bets for the NFL at FanDuel. Here’s a rundown:

Select Over or Under on these props:

  • Passing/Receiving/Rushing Yards: Stats for QB, RB, WR, and TE
  • Receptions: catches in a game
  • Pass/Rush Attempts: the number of times that the quarterback passes or running back carries the ball
  • Longest Pass/Rush/Catch: This applies to one game, you bet Over or Under the assigned number of yards
  • Total/Longest Field Goal: Bet on the number of field goals or the longest one of the game

These props just require the outcome to occur:

  • First/Next/Anytime Touchdown: Your player just needs to find the endzone
  • Most Passing/Rushing/Receiving Yards: Needs to lead in that stat for the week
  • To Record an Interception/Fumble/Sack: Your choice needs to make that play

Super Bowl

The Super Bowl is the pinnacle of prop betting. Not only will you find the types of props outlined above (passing/receiving/rushing yards, etc.), but there are also more novelty props available, such as the following popular choices:

  • Coin Toss: Bet on Heads or Tails in the opening toss
  • Gatorade Color: Choose the color of gatorade dumped on the winning coach
  • National Anthem: Pick Over or Under on the length of the national anthem
  • First Play: Completed pass, incomplete pass, rush attempt, fumble, sack, etc.

You can also bet on futures props like Super Bowl MVP.

Best FanDuel Prop Bets

While novelty props can be fun and offer high payouts, the best props involve volume stats for each sport. This is because it’s easier to project these stats since they’re based on player usage.

Here’s a list:

  • NFL - Pass/Rush/Receiving Yards, Receptions: Check to see player tendencies and target share to determine if they can go Over or Under the number.
  • NBA - Points/Rebounds/Assists/Three-Pointers: Think about a player’s minutes projection combined with game context. Fast-paced games are preferred for Overs.
  • MLB - Strikeouts/Total Bases: Consider a pitcher’s strikeout rate along with a hitter’s recent performance combined with lefty-righty splits.
  • NHL - Shots on Goal - Analyze the game environment. If a team is projected to carry the game with lots of scoring chances, that could result in more shots on goal.

How to Find the Best Prop Bets

Here’s what you need to consider when looking for the best prop bets:

  • Game Environment: Fast-paced games that project for more points are better for Overs.
  • Weather: Windy, rainy, or snowy conditions can affect player production.
  • Injuries: If a player is just returning from injury, it can impact their performance and usage.
  • Odds: Consider the odds on the prop in comparison with the rest of the market.
  • Total: Check the game total. If it’s higher, this is a better spot for Overs.
  • Spread: Teams who are favored are projected to score more points, so targeting their players is a good strategy.
  • Matchup: Try to project how a player will fare in a given matchup. For example, a running back facing a tough rush defense could have some challenges.
  • Recent Performance: Check to see how a player has fared in recent games. If they’re in top form, there’s a good chance that they can eclipse their prop total.

Prop Betting Strategies

There are a few betting strategies to consider when choosing props, such as the following:

  • Odds Shopping: Compare prop odds from FanDuel with other sportsbooks prop odds to find the best line. You may even find that the numbers will vary from site to site. For example, you can get Ja’Marr Chase Over 87.5 yards at one sportsbook but 86.5 at another. That extra yard can make the difference between a win and a loss.
  • Focus on Unders: Targeting Unders is a good strategy, especially in football, where injuries can happen more frequently. If a player leaves early and they didn’t go Over, you’ll win your Under. This gives you an extra “out” to a victory.
  • Target Volume Stats: Emphasize stats that can be projected with player usage. For example, a wide receiver with a high target share is likely to rack up several receptions. These props pay less than others like “First Touchdown,” but they’re safer.
  • Money Management: Limit your risk and keep track of your record. This way, you know where you stand in your props betting. Focus on straight wagers and sprinkle fewer units on parlays or longshot props.

Prop Betting for Beginners

Here are a few tips to consider for beginners to prop betting:

  • Shop around for the best lines among all prop betting sites
  • Consider a player’s recent performance
  • Check the total and point spread to see if it’s projected to be a high-scoring game
  • Make sure your player is not recently returning from an injury
  • Focus on Over or Under props because they’re easier to win
  • Limit your longshot props since they have a lower probability of hitting

How to Calculate Prop Odds?

Prop odds are displayed in American, Decimal, or Fractional format. Each of these are simply different ways to show the same information. Below you’ll find an explanation of each.

American Odds

These are displayed as negative or positive integers related to 100. The favorite is displayed in minus odds, such as Tom Brady Over 300.5 passing yards at -110. This means that you risk $110 to win $100. The underdog is shown in plus odds, like Nick Chubb to score the first touchdown at +350. In this bet, you’d win $350 off a $100 wager.

To calculate these odds, simply divide the odds by 100 and multiply that number by your wager. For example, if I take Ja’Marr Chase to score a touchdown at +200, I divide 200 by 100 to get 2. If I bet $100, I’d multiply that by 2 to get $200, which is my payout in this case.

Decimal Odds

This is when it’s shown in decimals. In this case, it’s related to 1 rather than 100. If I took the Over on Tee Higgins receiving yards at 1.87, that number relates to the stake plus profit. If I wagered $1 on this, I’d get back $1.87 ($1 risk, $0.87 profit).

To calculate this, multiply your wager by the profit. For example, if I bet $100 on this, I can do 100 times 0.87 to get $87, which would be my winnings in this case.

Fractional Odds

This is when the odds are displayed as fractions. Simply multiply your bet by the numerator (first number) to find your potential payout. This works if the denominator is 1. For example, if I put $100 on Nikola Jokic to get a triple double at 2/1 odds, I’d multiply 100 x 2. If the odds are something like 5/2, I’d divide 5 by 2 to get 2.5 and then multiply that number by my stake.

Why Are Props a Good Bet?

Props can be a good bet for the following reasons:

  • They can be easier to project because you can look at player usage (target share, minutes played, etc.)
  • You may find softer lines because there are so many props, so sportsbook projections may not be as sharp
  • You have a chance to hit a nice payout on longshot props
  • These bets can be combined in a Same Game Parlay, giving you a chance to correlate your selections to increase your probability

Can Props Be a Bad Bet?

There are some drawbacks to props, such as:

  • Since there are so many props available, that can tempt you to make too many bets, which can ultimately drain your bankroll in the long run
  • The high payouts on longshot props can be enticing, but they can also cause you to lose money, since these are low-probability outcomes
  • If you took an Over on a player and they get injured without eclipsing the total, you lose your prop

What Sports Are Available for Props?

You can find props available for the following sports:

  • Football
  • Basketball
  • Baseball
  • Hockey
  • Soccer
  • Golf
  • Tennis
  • MMA
  • Formula One

Is There Bet Insurance on Props?

FanDuel has bet insurance on props with their Dinger Tuesday MLB promotion. This is where you place a $25+ wager on a player to hit a home run. You’ll receive $5 in free bets whenever any player in that game hits a home run, even if it’s not the one you chose. This is capped at $25 in free bet winnings.

It’s a great promo that can allow you to shoot for the moon on a home run prop with a chance that you’ll get some of your money back through the bet insurance.

Author

Frank Ammirante

Before joining The Game Day, Frank spent three years in the fantasy sports and betting industry, writing for websites like RotoBaller and 4for4football. Frank is an active member of the fantasy baseball and fantasy football community, participating in high-stakes leagues like NFBC/NFFC as well as industry competitions like Scott Fish Bowl, RazzBowl, and TGFBI. Frank is a member of the FSWA and IBWAA. Give him a shout to talk fantasy sports and sports betting.

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