Betting on MMA offers a fun and exciting way to engage with the sport. By understanding the odds, knowing the types of bets available and implementing responsible money management, you can enjoy the action while potentially earning payouts. In addition, learning about a fighter’s record and physical attributes can help increase your chances of winning.
The most basic form of MMA betting is the moneyline bet, which involves placing a wager on which fighter will win a match. The odds are usually presented in the standard plus (+) and minus (-) format, with favorites showing as a negative number and underdogs shown as a positive number. These odds are calculated by a combination of factors including a fighter’s past performance, current form, and their skillset.
Another popular type of MMA betting is the over/under bet, which involves predicting how many rounds the fight will last. This bet works similarly to other sports’ over/under bets, with the sportsbook setting a round total and you betting whether the fight will end more or less than that amount of time. This bet requires a deeper knowledge of the combatants’ styles and strengths, as it is important to know how each fighter tends to win their bouts.
A more nuanced form of MMA betting is the method of victory bet, which requires you to predict whether the fight will end by knockout or submission. This bet is often made in-game during the fight, and allows you to take advantage of the live odds that are set by algorithms and live traders. This is a great way to make the most of your MMA betting experience, and it also offers more accurate predictions than pre-fight betting.
In-game MMA betting also gives you the opportunity to place a bet on an underdog, which can offer some of the biggest payouts in the sport. This is because underdogs are not always correctly priced by the sportsbook, and taking advantage of this can yield significant rewards. However, it is important to remember that underdogs carry more risk than favored bets and are not as likely to win the fight.
Lastly, one of the most common mistakes that new MMA bettors make is placing wagers based on emotion. This is a mistake that can be avoided by taking a purely analytical approach to the sport and only betting on fighters that you believe will win a given fight. Moreover, it is also important to conduct thorough research into fighters and their records before placing any bets. Doing so will help you to avoid making costly mistakes that can derail your MMA betting experience.