MMA betting is a great way to make some money if you have the discipline and knowledge to pick a winner. There are several different types of MMA betting available at many online sportsbooks. They include moneyline, method-of-victory and round bets.
For beginners, a moneyline is the most straightforward type of MMA bet. You’ll bet on the fighter you believe will win the upcoming fight. The odds are generally pretty close. But beware of betting too much on an underdog. This can end up costing you money. To get the best MMA betting odds, you’ll want to use a line shopping strategy.
Method-of-victory betting lets you choose the method that the fighter will use to win. This can include knockout, submission, inside the distance (ITD), etc. Choosing a specific method is more complicated than placing a bet on a particular fighter. However, the more detailed you can be about which method a fighter will use, the more accurate the odds will be.
Another great way to make money betting on MMA is to bet on underdogs. These fighters can typically earn larger returns than those on favorites. Moreover, they tend to last longer and are better able to fend off initial attacks.
Round bets are similar to moneyline bets, but allow you to bet on a specific round in the fight. When you place a bet on a round, you need to be sure you pick the exact round in which the fight ends. If you pick the right round, you’ll have a chance of winning.
Another form of MMA betting is a parlay. This involves placing a wager on several fighters. Each of the bets you make needs to be correct. For instance, if you place a parlay bet on Tate and Dillashaw, you’ll need to pick both of them to win.
Other MMA bets include fight props and intangibles. Props are bets on a specific outcome. Depending on the fighter’s style and momentum, you might place a bet on a knockout or draw. It can be difficult to predict which method of victory a fighter will use, so you’ll need to be cautious when you’re making these bets.
MMA betting can be a great way to make some money, but it’s important to be cautious. While it’s fun to bet on the most popular fighters, the best bets will be those that have the most research behind them. By doing this, you’ll be able to make a more informed decision and increase your chances of winning.
Using a combination of these betting strategies can help you make money on MMA. Always remember to avoid betting too much on any single event. Instead, focus on a handful of bets that offer the most potential for profit. Likewise, be sure you don’t bet too much on a fight you’re not familiar with. Remember, a few dollars on a ‘big favorite’ can lead to bigger payouts, but if you’re not comfortable with a big wager, you may be better off finding other types of MMA betting to bet on.