Mma betting can be a fun and rewarding sport to wager on. It differs from other sports in a few ways, making it an exciting wagering experience even for veteran sports handicappers. It is important to understand the nuances of MMA betting before placing your first bet.
Moneyline MMA bets are based on the probability that a fighter will win the fight. The odds for a favorite are listed with minus (-) and those for an underdog are listed with plus (+).
Over/Under bets
Over/Under bets are a popular way to wager on sports games. They are based on the number of points scored in a game, which can vary depending on factors such as the scoring ability of two teams or players. If a game goes to overtime, the total will still count toward the over/under. This can make over/under bets a great option for football games.
Over-Under bets, also known as total bets, are a type of sports betting wager that predicts whether a statistic from a sporting event will be higher or lower than a quoted value. They are available for most major professional sports, as well as college and high school events. Betting on over/unders can be fun and can lead to large profits if you know what you are doing.
Moneyline bets
When you place a moneyline bet, you’re wagering that one team or player will defeat another. This differs from point spread betting, which attempts to even the odds of both teams. With a Moneyline bet, you only need to win, and the sportsbook will return your stake plus any winnings.
The odds of a moneyline bet are set by the sportsbook and are always preceded by a plus or minus sign. Favorites have minus odds, while underdogs have plus odds. The difference between these numbers represents the vigorish, or house edge, which sportsbooks use to make a profit.
However, it’s important to note that moneyline odds are not the same as implied market probabilities. This is because the sportsbook will add a certain amount of “juice” to the odds.
Parlay bets
Parlay bets are a popular way to increase your potential profits while betting on sports. These bets combine multiple individual wagers, or “legs,” into one bet. They can include different types of bets, such as a moneyline bet paired with a point spread bet. Regardless of the type of bets in your parlay, all legs must win for it to pay out.
Parlays are also known as multis, accumulators, and accas, and can be placed on all major sportsbooks, including BetMGM. They’re not for everyone, but they can provide a lot of fun and potentially large payouts.
Parlays often pay out at odds that are higher than those for a single game bet. However, it’s important to understand the difference between implied and true probabilities before making a parlay bet.
Draw bets
Draw bets are bets on a match ending with neither team winning. They are often available on the 1X2 betting market and offer better odds than bets on the favourites. However, you should be aware of the fact that this strategy may not always work. For example, some teams are happy with a draw if it keeps them afloat in the league table and prevents them from falling too far behind their rivals.
The best way to place a draw bet is to compare the odds at different bookies and on exchanges. This will ensure you get the best value and can maximise your profit if an underdog equalises in the second half. Moreover, you should assess how important the game is to both sides.
Over/Under rounds
In Over/Under rounds betting, oddsmakers set a number for how many rounds the fight will last and you decide whether the bout will go over or under that number. This bet type is easy to understand and fits well with the structure of MMA matches, where each round lasts five minutes. Sometimes, the over-under number will include a half-number, which can be confusing for new bettors.
For a Over 3.5 bet to win, the fight must go over 1.5 rounds. This is because MMA is not like boxing, where fighters can continue to kick their opponent even when they are down. This would be illegal in a professional MMA match and could result in a KO or TKO victory for the underdog. It is therefore important to understand how a Over/Under bet works before placing it.