Novelty odds look similar to most sports betting. As always, lines with a negative number are the favorite while underdogs have a positive number. Most offers are yes or no questions.
For example, will Elon Musk complete his Twitter takeover before the end of the year? Currently, No is -150 while Yes is +110. In this example, a $150 wager would net a $100 profit for the -150, while a $100 bet would generate a $110 profit on the +110.
Some lines, like the next Pope, are futures bets. This offers a field of choices while each is assigned odds. Think of this like betting on who will win the Super Bowl. There will be favorites while others are major underdogs with odds of +1000 or more.
For odds boost, gamblers bet on an event. Plus, the lines offer a higher payout.
For example, a wager could be placed on the Orioles, Mets, Rangers, and Braves all winning on July 8. What makes this an odds boost? Previous odds were +550 but are +650 for a limited time. Of course, +650 would generate a $650 profit on a $100 bet, while +550 would net a $550 profit on a $100 wager. This can be a lucrative benefit for bettors.
Novelty Prop Bets
Props focus on a player or event occurring rather than an outcome of a game. An over/under on how many touchdowns a player scores could be a prop bet. For novelty lines, props are also offered.
These wagers are unique with fun ideas. Sportsbooks will often offer novelty props for what color Gatorade is poured on the winning coach of the Super Bowl. For most sports, novelty props are pretty much the same as regular props.
Novelty props are fun bets but can also lead to a lot of success. Props can take the stress out of betting. Less research and knowledge are required, which means less time invested. Overall, props involve a lot of luck. But, with practice, gamblers get a feel for what props to take. Experience is golden in the world of betting, especially for props.
How to Make a Novelty Parlay
Parlays tie multiple bets together. Every wager must hit to win the parlay. This increases the difficulty, but that means higher payouts. In recent years, parlays have continued to grow with enticing rewards.
Nearly every bet offers a parlay. For novelties, parlays are not as common. Novelty props can be turned into a parlay. For example, props for the Super Bowl can be a great choice. The Super Bowl offers many choices, like who wins the coin toss, what’s the first penalty flag thrown, and what media company commercial will appear first?
Low parlay wagers can net big paydays, especially for props. Novelty props can also make events interesting for people who are typically not invested. Placing a novelty parlay on the Super Bowl makes the event even more entertaining.
Novelty Betting is Easy!
Overall, novelty bets should be enjoyable. Many lines are fun and bizarre with no rhyme or reason. Without a doubt, novelties are one of the most entertaining bets available.
As mentioned, different strategies can be used for each novelty. For anything related to entertainment, following news around the event will help the most.
Odds boost wagers can require the most research, making it a more serious wager.
This is where bettors can use their sports knowledge to the fullest.
Don’t make novelty bets more stressful than what it is. Most of the time, simply having fun and following your intuition can lead to the most success.
