Mma betting is a thrilling way to engage with the sport, but there are pitfalls that can lead to losing money. To avoid these pitfalls, bettors should conduct thorough research and understand the various mma bet types. They should also practice responsible gambling habits and set a bankroll that they can afford to lose before placing a bet. In addition, they should never chase losses and recognise when to step back from the action.
MMA betting odds are often presented in a money line format, which means you bet on which fighter will win the fight. The odds on a favorite are indicated by a minus sign, while underdogs are represented by plus signs. The amount you bet determines your potential payout. In general, favorites offer a lower payout than underdogs. However, the odds can shift based on wagering patterns and other factors.
The best MMA bets are those placed on underdogs who have an edge over the competition. This can be achieved by using an algorithm to estimate the percentage chance of a specific fighter winning, then comparing this figure against the available odds to find value. This process is known as line shopping and it’s an integral part of any sharp bettor’s strategy.
Another way to improve your MMA betting experience is to take the time to study fighter statistics and make observations about their styles. In addition, bettors should always pay close attention to a fighter’s weigh-in progress leading up to the fight. Fighters who struggle to make weight can be drained before the fight even begins, and this can give them a disadvantage against lighter opponents.
In addition to moneyline and method of victory bets, MMA fans can place wagers on the total number of rounds a fight will last. This type of bet is typically offered by sportsbooks and offers a more nuanced betting experience. Depending on the fighters’ styles, you can bet on whether the fight will end via KO/TKO, submission or decision.
Mma parlays are a popular way to increase the payout of your wagers, but they can be risky and should be placed only after careful consideration. Parlays are accumulators that combine several bets into one parlay to boost the odds of each individual event. The higher the number of events in a parlay, the greater the payout.
Mma odds are constantly shifting from the moment they open up to the night of a fight, so it’s important for bettors to stay updated on the latest fighter news and betting patterns. In addition, bettors should familiarise themselves with the different odds expressions, including American, decimal and fractional. It’s also essential to know how to read MMA betting odds, as these can differ from other sporting bets.