I've been going to the same Super Bowl party for more than 10 years now, and every year I watch two of my friends throw down tons of cash on (what I've since learned are called) prop bets. Turns out, prop bets — short for proposition bets — are done on the side and circle around an occurrence (or lack of occurrence) of some random thing that goes beyond who wins or loses the game. (A pretty good explanation from someone who's not a sports fan, right?)
For example, they'll bet on which team will win the coin toss, which team will be the first to score, or what will be the longest touchdown of the game. I love the idea of getting in on the action, but I don't want to risk my hard-earned money — I also don't want to have to learn the rules of football!
This Is What You Should Bet on During the Big Game — Sportsball Cheeseball