Betting on MMA can be lucrative, but the sport is complex and there are many different wager types. Understanding the odds, researching fighters and managing your bankroll are crucial to successful betting. There are many online sportsbooks that offer a wide variety of betting lines and options. It is also important to choose a reputable site with excellent customer service.
While a money line bet is the most straightforward way to place a bet on a fight, there are several other types of MMA betting available. Some of these include Over/Under bets, Method of Victory and Round betting. Each type of wager has its own unique set of odds that showcase how much a bet can win. These odds are often higher on underdogs, but the payouts can be more substantial when placing a bet on a favorite.
Over/Under bets are a simple wagering option that focuses on how long the fight will last. The Over/Under number is based on the expected total amount of rounds completed in the fight, as well as other factors, such as how fast each fighter can finish their opponent. The Over/Under number is then divided by the number of scheduled rounds, and a price is set for the Over and Under, depending on the implied probability of the fight reaching the specified total.
A Method of Victory bet is a more complicated bet that focuses on how the fight will end, including the methods of victory. This bet can be placed on a specific competitor winning by KO, TKO or submission. These bets typically have higher odds than other types of MMA betting.
Lastly, a Round bet is a bet on which round the fight will end. This bet does not factor in which competitor wins or how the fight ends, but rather when the round will end. This bet type offers a wide range of betting options, with the most popular being Round 1 to Win and Round 5 to Win.
One of the most important aspects of MMA betting is understanding the fighters’ styles and how they match up with each other. A fighter’s previous performance can also have an effect on their current fight, especially if they are coming off a knockout loss. A KO loss can change the momentum of a fighter, which may cause them to lose their edge in the octagon.
Another important aspect of MMA betting is understanding how the judges will score a fight. There are three basic types of judges’ decisions: unanimous (all three judges score the fight for one fighter), split and majority. A split or majority decision typically results in a longer fight than a unanimous one, and thus has a higher payout potential for bettors.