A prop bet is a wager where one player stakes money on the outcome of a specific event, while another player takes on the responsibility of betting on that event. The prop bet can be as simple as who will win a hand or as complex as who will make the next high-card in a specific sequence.
The prop bet can be placed before any hand has been played, and it can remain in effect until the hand is resolved. Once the hand is over, the final results are used to determine which player won the prop bet.
There are a few important things to keep in mind when making a prop bet:
-The player placing the prop bet must be willing to risk their own money on the outcome of the event.
-The other player (the wager) must also be willing to risk their own money on the outcome of the event.
-The other player must also be prepared to lose their wager if the event goes against them.
