Aside from placing a bet on the outright winner of a fight, bettors can also place wagers on the method of victory and number of rounds a fight will last. These types of bets, known as prop bets, offer a range of different options and can be fun to place. They are often based on a fighter’s fighting style, their record in similar fights, and their weight and height differences. Successful MMA betting involves conducting research and analyzing fighters’ records, styles, recent performances, injuries and other factors that could affect the outcome of a fight. Prop bets also give the bettor an edge over sportsbooks by predicting events that may not directly influence a fight’s outcome, such as the first knockdown or submission attempt.
MMA betting is a relatively new concept and it can be confusing to those who are not familiar with the sport or the terminology used by sportsbooks. The easiest way to make a bet is on the moneyline, which is simply a bet on which fighter will win a particular fight. The odds displayed on the sportsbook’s website showcase how much a bettor can win for every $100 wagered. If the fighter is listed with minus odds (example: -200), they are considered the underdog and offer a lower payout.
Another popular MMA betting bet is the over/under rounds bet, which is a wager on how many total rounds a fight will last. This bet can be placed on a single round or on the entire fight. The over/under rounds bet has a set number of rounds, such as 2.5, and the bettor can choose whether to back the over or the under. If the fight is finished in fewer than 2.5 rounds, the bet will be a push and the money will be returned to the bettor.
Lastly, bettors can also place futures and live bets on upcoming fights. These are wagers on the outcome of a future event, such as a championship match. In order to determine the odds of a future bet, sportsbooks use complex algorithms and a variety of information, including previous fight results, weather forecasts, and even a fighter’s strengths and weaknesses. To maximize the potential of winning, bettors should always check the latest odds before placing a wager. Moreover, they should also stay updated on any last-minute changes that may impact the odds of a future bet. Besides that, they should also know how to manage their bankroll and avoid chasing their losses. The most important tip for MMA bettors is to set a realistic budget that they can afford to gamble with and not spend more than they can afford to lose. This way, they can enjoy gambling without worrying about their financial stability. It is also a good idea to set a time limit on their gambling and never play beyond their means. This will help them keep their emotions in check and improve their overall experience with gambling.