Mma betting is a relatively new feature at many sportsbooks but is growing in popularity. It is important to understand how MMA betting works before placing a wager. The two most common types of MMA bets are moneyline/match bets on who will win a fight and Over/Under bets on the number of rounds in a fight. In addition to these two bets, many sportsbooks offer a variety of other MMA prop bets. Using these bets wisely can help you increase your chances of winning and maximize your payouts.
MMMA is a sport that is less well-known than other sports and the experience level of the average bettor tends to be lower. This can often lead to an inflated public perception of the odds on a specific fighter or team. The good news is that when the public places an overwhelming amount of money on one side of a bet, sportsbooks will often adjust the odds in order to balance the action. This can be a great opportunity to make a profit by picking the underdog and laying the points.
Another popular MMA bet is on method of victory. This is similar to a standard boxing moneyline but with an additional option of “draw”. A draw in MMA can occur in three ways: a KO/TKO, a judges’ decision, or a submission. In general, a method of victory bet pays out at a higher rate than the usual moneyline because it requires more precise picks.
A more unique MMA bet is on round bets, which allow you to place a bet on the exact round in which a fighter will win. These bets are generally much harder to place than the more common moneyline and over/under bets, but can pay out a substantial amount of money if you can predict when the fight will end.
Finally, a number of sportsbooks also offer live MMA round betting, allowing you to bet on upcoming rounds while the fight is in progress. This can be a great way to enhance the excitement of watching a live fight and can add a whole new dimension to your wagering experience.
Understanding MMA betting can seem difficult, but it doesn’t have to be. With some basic knowledge of the sport and the bet types available, it is easy to start making money with your MMA bets. Just remember to be selective and only bet on the fights you have done your research on.
One of the best things you can do to increase your MMA betting success is to learn how to read odds. Odds that are displayed in a positive format like +200 or +350 are known as American odds and represent the number of dollars you need to risk to win $100. Odds that are accompanied by a negative sign, on the other hand, are called Asian or decimal odds and require you to stake $225 to win $1000. These odds are easier to interpret as you only need to lose $200 of your initial risked bet to turn a profit of $300.