When betting on MMA fights, the key is to do your research and develop a strategy. Blindly placing bets on your favorite fighter is not a winning strategy and can quickly deplete your bankroll. Instead, you should analyze the big matchups and look for underdogs with good value odds. This will increase your chances of making a profit and give you the excitement of seeing your bets pay off.
Besides moneyline bets, there are also Over/Under bets on the number of rounds in a fight and prop bets. The Over/Under bet is based on the anticipated number of rounds in a fight and can be placed at most online sportsbooks. Depending on the matchup, style of fighters and how many rounds are scheduled, oddsmakers will set Over/Under bet lines that can vary greatly from one event to the next.
One type of MMA bet unique to the sport is the method-of-victory wager. With this type of bet, you can place a bet on whether the fighter will win by knockout, submission, or judge decision (score). This is similar to how you can make prop bets in baseball games where you bet on how the game will end and not who will win. Some sportsbooks even offer live round betting where you can place a bet on how the fight will end in a particular round during the fight itself.
Another popular MMA betting wager is the parlay bet. This is a more complex bet that requires all outcomes to be correct in order for you to win. Parlays can be very profitable but are also risky, as it takes a lot of luck to win a parlay.
The MMA betting market is relatively new and can be difficult to understand, especially for those who have no experience in the sport. However, the popularity of the sport has led to increased interest from bettors and more wagers being placed. As a result, sportsbooks are offering more MMA betting options than ever before. The most common MMA wagers include moneyline bets on who will win a fight, Over/Under bets on the total number of rounds in a fight, and prop bets. While most bettors focus on moneyline bets, there are a few other types of MMA betting that can be very profitable as well. These include: