MMA betting involves placing wagers on the winner of an upcoming fight. While the sport is new, it is quickly becoming popular and sportsbooks are offering a variety of betting options. The most common bets include moneyline, method of victory and total rounds. Other bets are more specific and can include the exact round in which a fighter will win. These bets can pay out a much larger amount than traditional betting odds. The key to success with MMA betting is doing your research and developing an edge over the sportsbooks.
The most basic mma betting bet is the moneyline, in which you select which fighter you believe will win a particular fight. Odds for this type of bet are typically presented in a format that shows the favored fighter by a minus sign (-) and the underdog by a plus sign (+). The odds reflect the payout associated with each bet.
Moneyline MMA bets are an excellent choice for beginners because they offer the lowest risk with the most straightforward payout structure. However, as the fight gets closer to its scheduled date and more information becomes available, the odds will change. For this reason, it’s important to visit the MMA section of your favorite sportsbook daily and check the updated odds for each fight.
Another common MMA betting option is the Over/Under totals for each fight. Depending on the fighting styles of the two fighters and the number of rounds that are scheduled, oddsmakers will set an Over/Under total for the fight. The Over/Under price is determined by the implied probability of the fight reaching that total, which is then adjusted by a fee called vig or juice.
In addition to Over/Under totals, some MMA sportsbooks offer odds on the exact round in which the fight will end. These bets are more lucrative than Over/Under bets because they allow you to place a specific bet on which round the fight will end in.
Mma betting also includes a number of prop bets, which are bets based on an event or non-event that is not directly related to the outcome of a fight. These bets often focus on Round Bets and Method of Victory, and they can pay out very high amounts if you’re correct.
One of the best prop bets is on a fighter who will finish the fight by KO/TKO, submission or Decision. These bets can be a great addition to your parlay bets, and can sometimes offer higher payouts than standard moneyline bets. The only drawback is that the vig on these bets will likely be higher than other bet types. Still, they are a great way to increase your winnings and add some excitement to your MMA betting experience.