150 Types of Unusual Investments – The List

103. Prop Bets – with prop bets, you bet on something other than the outcome of a game.

It could be anything from who will win the coin toss to how many times Donald Trump will tweet during the Super Bowl.

Unskilled bets like the coin toss are pure gambling, but some feel that they can use analytical skills or proprietary knowledge to gain an advantage with some prop bets.

For instance, someone with deep football knowledge might analyze the odds of a particular team making it to the College Football Playoff, and hypothesize that they are much too low.