WAGERBIRD® Alpha Academy · SMT 100 First Principles · Part I: The Structure of Sports Markets
Included with every Alpha Terminal planLesson 06
Props and parlays
Player props and parlays are where the book's fee gets bigger. A prop often carries more margin than a spread. A parlay stacks the fee, leg on leg.
WAGERBIRD® ALPHA ACADEMY
Included with every Alpha Terminal plan.
Read the full Academy with an active seat: Alpha Plus ($99/mo), Alpha Pro ($199/mo), Alpha Max ($349/mo), or Alpha Desk ($2,995/yr). Want to read a sample first? SMT 101 Lesson 01 is open to everyone.
SMT 100 · Part I: The Structure of Sports Markets (12 lessons)Full course syllabus ↗
- 01Three markets, side by sideRead ↗
- 02The sportsbook and its wager slipRead ↗
- 03Odds formats and probabilityRead ↗
- 04The vigRead ↗
- 05Spread, total, moneylineRead ↗
- 06Props and parlaysRead ↗
- 07The prediction market contractRead ↗
- 08Orders and selling earlyRead ↗
- 09The pick'em entryRead ↗
- 10Limits and exitsRead ↗
- 11Who regulates whatRead ↗
- 12Opening and running accountsRead ↗