MMA betting is a growing industry, but there are a few things to keep in mind before placing your bet. Whether you’re a newcomer to the sport or an experienced bettor, it’s important to understand how MMA odds work and what you can do to get the best value on your wagers.
Choosing the Right Bet Types
Generally, there are three main types of MMA wagers: moneyline/match bets, over/under bets, and parlays. The majority of sportsbooks offer a wide range of these bets, making it easy for anyone to find the best bet type for their wagering needs.
Moneyline/match bets are the most popular MMA wagers and are similar to a sports bet you would place on a football or basketball game. These bets have a variety of different odds and pay out at different prices, so it’s essential to choose the best bet type for your budget.
Most sportsbooks offer a moneyline bet that includes a favorite and underdog. The favorite will always have a negative sign next to their odds while the underdog will have a positive one. This means that if you think the underdog is going to win, you’ll want to bet on them more than if you believe the favorite will win.
Many sportsbooks also offer a total rounds bet on MMA fights, just like they do with other sports. These bets are very similar to an over/under bet you would place on a football game or a baseball game. These bets have a set amount of points and are juiced to make the total number of points more likely to exceed or come in under the set amount.
Match betting is another common MMA bet that offers odds for the winner of each round in a fight. These bets can be very difficult to predict, so you’ll need to do some research on previous fights before placing your wager.
Betting on a draw is also a popular bet in MMA, although it’s rare to see a draw occur. It’s also a lot more lucrative than betting on the winner of a match, so it’s worth looking into this option if you’re not sure which fighter is going to win.
Understanding the Odds and Public Perception
One of the reasons that MMA can be a profitable sport to bet on is because it has a relatively high level of public interest. This can cause a sport’s betting lines to fluctuate, resulting in better odds on the favorites.
This makes it easier for the intelligent bettor to place a bet on the favorite at improved odds. This is a great way to hedge your bets, especially when the favorite has an unfavorable start to a fight.
There are several benefits to betting on MMA, including increased viewership, more promotions, and more opportunities to bet on a wide range of fighters. However, you should be careful not to overdo it or risk losing too much money on a single bet.