Mma betting is a fun way to make some extra cash during a fight. While it’s important to do your research and know the fighters, you also have to be smart about the bets you place. A good strategy is to place bets that have a higher edge than the sportsbook’s odds. Taking these types of bets can give you an advantage over the books, resulting in more winning wagers than losses. However, you should always remember to set a budget and stick to it. Gambling should not be viewed as a pathway to financial success, so you should always be responsible and only gamble what you can afford to lose.
Moneyline bets are the most basic MMA bet type and involve choosing which fighter will win their fight. The odds on a fighter will have positive and negative values, with the negative numbers signifying that the fight’s favorite is expected to win. The opposite is true for underdogs, which are usually represented by plus symbols in front of their odds.
Another popular MMA bet type is the Over/Under rounds bet, which involves betting on how many total rounds the fight will last. A sportsbook will set a number and you can bet on whether the fight will end before or after that number. For example, if you bet on Over 1.5 rounds and the fight lasts exactly two and a half minutes then your bet will be settled as a push.
Method of victory bets are similar to win by rounds bets but they are based on the method of victory, rather than the number of rounds. You can bet on a specific method of victory such as knockout, submission, or decision. These bets are more complex and require deeper analysis of the fighters’ styles and strengths.
Mma bets are best placed at online sportsbooks, which offer convenience and a wide range of betting options. Some sites even feature UFC live betting, making it easier to place a bet during the fight. You can also find a variety of promotions and bonuses at these sportsbooks. Once you’ve found a site that meets your needs, log in with your preferred payment method and follow the prompts to fund your account. Then, head to the UFC section and locate a fight with the desired betting market. Select the bet and enter your stake to submit your bet. You’ll then see the payout of your proposed bet and can complete it by clicking “Place Bet.” You can also create a UFC parlay, which is a series of bets on the same outcome. However, this type of bet does not carry as much value as a straight bet on the winner. This is because a parlay bet typically pays out at lower odds than individual bets. You should also check out the betting lines for each fight before placing your bet.