MMA is an increasingly popular sport and as it grows, betting on the sport has grown as well. While many sportsbooks still focus on more established markets, MMA is quickly becoming one of their most profitable offerings. However, MMA is still in its early stages of betting and there are several things that need to be taken into consideration when placing wagers on the sport.
For starters, bettors should always look to make moneyline wagers on the underdog. The underdog in a fight will often be priced at odds much lower than the favorite, and this creates an opportunity for bettors to earn significant profits by backing underdog fighters. This can be especially true if the underdog is considered to have an advantage in a specific fight or matchup, and it is important to research fighters’ styles and fight histories before making any bets.
Another area where MMA betting can offer some excellent value is on the various props available for each fight. In addition to the standard moneyline wagers on who will win a fight, MMA bettors can also place wagers on the method of victory, round bets and total rounds bets. These bets are often more precise than the over/under bets that can be placed on a soccer or basketball game, and they will often yield larger payouts.
The most common types of MMA bets include moneyline wagers on who will win based on their odds, over/under bets on the number of rounds a fight will last and parlays. These bets are similar to those that can be placed on a football or basketball game and can be extremely easy for people who are familiar with sports betting to understand.
In addition to these bets, MMA bettors can also make round and knockout bets. These bets are more precise than the over/under and moneyline bets, and they can be very lucrative if a bettors correctly predicts which fighter will win a particular round or when a knockout or submission will occur.
MMA is a very dynamic sport and its fighters are very unpredictable. Because of this, MMA betting lines can see more movement from opening to closing than more established sports like soccer or basketball. This can lead to a lot of inefficiency in the prices offered on a given MMA fight and provide bettors with some excellent opportunities to make money.
In addition to traditional MMA betting, most sportsbooks now offer live MMA betting. This allows bettors to place wagers on a fight in real-time, and it is an excellent way for fans to follow all of the action in a live event. The live betting section of a sportsbook is usually available through a mobile app or website, and it can be paused at any time. Live MMA betting can be a great way to experience the thrill of a live sporting event from the comfort of your own home, and it can be a perfect complement to a night of UFC pay-per-view action.