MMA betting is a thrilling and immersive experience, but it’s important to understand how odds are calculated before you place your wagers. Sports statisticians and mathematicians are heavily involved in the process, and they consider everything from weather forecasts to a fighter’s style and previous fight history when setting their MMA betting odds. Odds can be set for individual fights, and they may also be included in a parlay, where several bets are tied together to increase the payoff.
The most basic MMA betting bet is the moneyline, which is an outright bet on who will win the fight. The odds are set by a sportsbook, and the higher the odds, the more likely that the fighter is expected to win. Favored fighters are often given minus odds, while underdogs will be offered at plus odds.
Another popular MMA betting option is the over/under total rounds, which involves placing a wager on how many total rounds will be completed in a fight. The total rounds are set by a sportsbook, and bettors can choose to wager on whether the fight will last longer (over) or shorter than the stated number of rounds. Alternatively, bettors can place a wager on the method of victory, which involves predicting if the fight will end by submission, knockout, or decision.
In addition to a thorough understanding of the odds, MMA bettors should make sure to research the matchup and fighters before placing their bets. This can include looking at the fighters’ record, fighting styles, and training methods. It’s also a good idea to look at recent performance statistics, such as the number of strikes landed and strikes absorbed.
It’s important to remember that MMA betting is inherently risky and does not guarantee profits. However, bettors can reduce their losses by avoiding emotional betting and staying disciplined with their spending. Setting a betting budget is recommended, and it’s vital to recognise when you’re losing too much and step back from the action.
It’s also important to be aware that MMA is an extremely dynamic sport, and that the ebb and flow of the market can have a big impact on the odds. This is particularly true when it comes to the moneyline, where a large number of bettors place their bets on the same fighter. Therefore, it’s wise to check the odds regularly and make adjustments as necessary. It is also advisable to try and place bets on the underdog, as this can provide an excellent return on your investment. However, be aware that underdog bets come with more risk, and it’s crucial to know your limits and don’t exceed them.