Mixed martial arts (MMA) betting is growing in popularity. The UFC has given MMA a boost in popularity. There are now many legal sportsbooks. This can make MMA betting a great source of revenue. However, there are certain things to keep in mind when placing your wagers.
One of the most important things to consider when placing a MMA bet is the fighter’s style and age. A younger fighter may have more speed and power, while an older fighter may have less. You will also want to consider the weight class of each fighter. An aggressive fighter will usually last shorter than a defensive fighter.
Another thing to keep in mind when placing a MMA bet is public perception. Many fight fans will go with their favorites, whether it’s a big name or a feel-good story. It can be tempting to take a stance based on popularity, but your odds could be a lot better if you take a more technical approach.
In addition to choosing your favorites, you can also place wagers on specific rounds or a specific method of victory. Methods of victory include a knockout, submission, or inside the distance (ITD). If you’re looking for a more sophisticated MMA bet, you can also look at the total rounds and over/under bets for each match.
These are similar to moneyline bets in other sports, but instead of relying on a single point of reference, oddsmakers use a head-to-head moneyline. Oddsmakers then multiply the price difference between the two fighters by the implied probability of a fight reaching the round total. Therefore, a fighter who wins by KO/TKO will have a higher handicap than a fighter who wins by submission.
Betting on an underdog is a riskier and more lucrative option. While there aren’t any guarantees that an underdog will win, a good bet will pay off. For instance, Michael Oleksiejczuk has a 17-5 record, a chalk, and has won three of his past four fights. He is also a top TKO/KO fighter.
You can also bet on a draw. This type of bet is not as common as a winner bet, but has a higher payout. A draw is a decision where a third judge scores the fight in favor of one fighter.
Moneyline bets are another popular MMA bet. These are similar to moneyline bets on sports, but they are more complicated. Prices are based on the implied probability of a fight reaching the Over/Under total. Because of this, the oddsmakers will try to balance money on both sides of the bet, which can result in a more accurate price.
Another MMA bet you might consider is the parlay bet. This bet is more risky than other types of MMA betting. To make a parlay bet, you will need to select all of the correct outcomes. Depending on the number of outcomes, you might have to bet as much as $100 to get $275.
If you’re a serious MMA bettor, it is important to understand the basics. This will help you make smart bets and avoid common mistakes.