MMA betting has grown in popularity since the US Supreme Court lifted PASPA, and millions of wagers are placed every week. While it can be tempting to bet on a fighter just because you like them, taking the time to do proper research will increase your chances of winning. It is important to consider a fighter’s style, records, current form, weight and reach, and even their injuries when making a wager. This type of research will help you find the best bets.
Moneyline bets are the most common MMA wagering options, and they’re a great place to start for newcomers to the sport. These bets are based on the plus and minus system, meaning that favorites offer lower payouts and underdogs carry a higher risk. Occasionally, oddsmakers will set lines that are far off from what they should be, and learning how to spot these opportunities can be a huge profit maker.
Another important aspect of MMA betting is understanding how odds are calculated. Odds showcase how much a bettor can win for each $100 wagered, and they are always changing throughout the course of a fight. Using an MMA betting app will ensure that you’re getting the latest and most accurate odds.
Many online MMA sportsbooks have a variety of different betting markets for their fights. From basic betting on which fighter will win to fun prop bets such as ‘Gone in 60 Seconds’, there’s something for everyone. It’s also important to remember that it is possible to bet on multiple bets in a parlay, which can increase your chances of a large payout.
Some sportsbooks will have early lines for future MMA matches, which is a good idea for those who want to lock in their wagers as soon as possible. However, it’s important to note that these odds will change as the fight gets closer. This means that it’s not a smart idea to make heavyweight wagers on early odds, as they may not be accurate later on.
One of the biggest mistakes that MMA bettors make is placing their wagers based on emotion or their own bias toward a particular fighter. It’s important to avoid this mistake and stick to a purely analytical approach to the sport, which will dramatically increase your odds of winning. Prop bets, in particular, can be a lucrative way to win big if you’re successful at placing them. These bets are based on a number of factors, including the round a fight will end in and whether or not the fighter will score a knockout. However, it’s crucial to remember that all of the bets in a parlay must be correct to win. Failure to hit any of your selections will result in a push, which will cancel out that leg of the parlay and leave you with a smaller payout. As such, it’s vital to only ever bet with funds that you can afford to lose. Managing your bankroll correctly is essential to MMA betting success.