Prop Bets, a Super Bowl Staple, Stretch Back Centuries

January 30, 2015 8:02 PM

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Prop Bets, a Super Bowl Staple, Stretch Back Centuries

If you want to put some money on the line for Sunday’s Super Bowl, you can simply bet on whether the Seattle Seahawks or New England Patriots will win. Or you can get more creative by betting on the color of halftime artist Katy Perry ’s hairdo—a “prop bet.”

“Prop” is short for “proposition,” and these days you can find action on just about any betting proposition involving the Super Bowl or its broadcast. Online sports books like Bovada will give you odds on whether Patriots coach Bill Belichick will crack a smile or whether Seahawks running back Marsh...

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