If you are a fan of mixed martial arts, then betting on fights can add an exciting and interactive element to your experience. However, in order to be successful, it is important to understand the various bet types and their potential payouts. In addition, it is crucial to conduct thorough research and manage your bankroll effectively. By following these tips, you can enjoy the excitement of MMA betting while potentially earning lucrative payouts.
A basic MMA bet is the Over/Under rounds wager, which involves placing a bet on how many rounds the fight will last. Depending on the matchup, style of fighters involved, and number of rounds scheduled, oddsmakers will set an Over/Under total for the bout. Then, they will assign a price to the Over/Under (also known as the vig or juice) based on the implied probability of the fight reaching that round total.
Another popular MMA bet is on Method of Victory, or MoV, which requires a deeper understanding of the fighters’ styles and strengths. MoV bets can range from predicting a KO/TKO or submission to picking the exact round in which the fight will end. In some cases, a bet on MoV can even win you money if the fighter wins via Technical Decision or push (a draw).
Betting on the Outright Winner is another popular MMA wager type. This bet is made on who will win the fight, and the odds are generally expressed in positive or negative values. Negative numbers indicate that the fighter is expected to win, while positive numbers indicate underdogs. Odds are also presented in a variety of formats, including American, decimal, and fractional. Learning how to read MMA odds will help you determine which bets are worth placing.
Besides placing bets on the Outright Winner, you can also place bets on Round Bets, Method of Victory, and the FOTN. Each of these bets has its own set of odds, which are determined by the sportsbook that is taking your bets.
In general, the closer a match is, the lower the over/under totals will be. This is because the sportsbooks want to limit their losses and maximize their profits. In addition, the influx of money from a large bet can alter the odds on a particular bet. For this reason, it is always better to bet on underdogs if you can afford to do so. It’s important to remember, though, that just because a fighter is favored doesn’t mean they will win. As any seasoned gambler will tell you, it’s essential to look for value and bet the underdog when it’s there. In MMA, this can mean analyzing factors like a fighter’s stance and how that might impact the matchup. For example, southpaw fighters may have an advantage against orthodox fighters because they are used to fighting opposite sides of the ring. In addition, looking at a fighter’s overall record and how their wins/losses have been achieved is also an important factor in handicapping a fight.
