Mma betting is a profitable and exciting activity, but it requires discipline. Set a budget and never bet more than you can afford to lose. Also, consider using an online sportsbook that offers a range of wagering options.
Mma odds are a crucial element of any wager. Odds showcase how much a bettor can win for their wagers per $100, and they will change from when the odds first open until fight night.
Proposition bets
Proposition bets are wagers that offer a variety of unique betting opportunities. They range from traditional game and team props to more exotic novelty markets. For example, you can bet on the number of safety car periods during a race or whether the winning team’s coach will dump the color of Gatorade in his victory speech (novelty).
NFL proposition lines cover just about every conceivable aspect of the game, from how many yards a player will pass/rush/receive to how many sacks a player will have. Similarly, hockey fans can place bets on things like how many total points will be scored in a game or how many goals a specific player will score. Other props are more specific, such as how a fight will end (method of victory) or the number of total knockdowns in a match.
Parlays
Parlays, also known as multis, accumulators or accas, allow bettors to build multiple wagers together to create a single bet with higher payouts. However, the odds of each individual bet must win for the parlay to cash.
BetMGM offers a range of same game parlays that are automatically calculated for you and added to your bet slip. These parlays are available for most market selections, including moneyline, spread and total bets, as well as prop bets.
While parlays may seem tempting, they should be viewed as entertainment and not as a long-term winning strategy. Parlays have a lower probability of winning than single bets, and the odds for each leg of your parlay must be correct to win. Parlays can be complicated to calculate, so it’s important to convert the odds from American to decimal before calculating your payouts.
Over/Under rounds
MMA Over/Under rounds wagers are a basic MMA betting option. They are similar to Over/Under bets in football and basketball, where you bet on whether the total number of points or runs scored will go over or under a set amount. The MMA Over/Under rounds bet is generally available for fights that are three to five rounds long.
If you place a bet on the Over, you win if the fight lasts more than the listed number of rounds. However, if the fight ends before that time, your bet will be graded as No Action. You can also place group-round bets, which are bets on a specific number of rounds. This type of MMA betting is a more conservative wager and can result in a higher payout than an Over/Under bet.
Money line
Money line bets are a straightforward way to place a wager on a team or player. They offer a lower payout than point spreads but they can still provide significant profits. To calculate your potential payout, simply multiply the moneyline odds by your bet amount.
To maximize your profits, be sure to research team and individual player matchups. This includes factors like how a team fares against a specific opponent’s defense or how they perform on the road.
Experienced bettors also understand that a moneyline’s potential payout should not be their sole compass when selecting winners. For example, large underdogs often have poor betting history and are riskier than favored teams. For this reason, they may have much better odds than you would expect.
Draw bets
In a match when one team is leading 1-0 the odds of a draw will increase. This is because the losing team will be putting pressure on the home side and creating chances, which often results in equalizers. In these circumstances, it can be profitable to back the draw and then cash out if an equalizer comes late.
You can find the best odds for a draw by using an online bookies odds comparison site. You can also check the exchange odds on the game you are betting on as they are often lower than those of the bookies. This allows you to maximise your profits. Additionally, some teams and leagues have higher numbers of draws than others, so it is worth looking into these stats.