The sport of MMA, or mixed martial arts, is growing in popularity and offers an array of betting opportunities. Its fast-paced fights and multiple outcomes per event make it a great choice for live betting and prematch wagering. But if you’re a first-timer to this exciting betting market, there are a few things you should know before placing your bets.
The first thing you should do before making a MMA bet is research the fighters and their previous performances, fighting styles, strengths and weaknesses. You can also find out about any injuries or other unforeseen factors that could affect their performance. Using these factors, you can better understand the odds and predict how a fight will end.
Another important factor to consider is the method of victory, which can be a knockout (KO), technical knockout (TKO) or a judges’ decision. The KO and TKO bets require a fighter to show good striking skills to win, but the decision bets only need the judge to give one of the fighters a majority, split or unanimous vote.
In addition to the moneyline, MMA betting sites offer various prop bets for each match. These are bets on specific aspects of the fight, such as the round in which a fight will end or how a fight will end, usually in three ways: via knockout, submission or a judges’ decision. These bets are fun and often come with a higher payout than simply placing a single bet on the winner of a fight.
MMMA betting sites have a huge amount of data to help you choose the best bets for each fight. They also update the odds of each fight as it progresses, based on the real-time action taking place inside the ring. You can bet on a fight as it is happening with DraftKings Sportsbook, an established company that has an excellent reputation for customer service and security.
MMA odds are listed in the form of positive and negative numbers, with the positive number representing the favorite and the negative number meaning the underdog. These odds can change throughout the fight, so if you’re betting on a live MMA event, pay close attention to the changes in the odds.
MMA betting is legal in most states and countries, though it’s a good idea to check local laws before making a bet. In addition, a good MMA betting strategy involves parlaying bets to maximize your profits. This is done by placing multiple bets on individual legs of a fight and returning a larger payout than if you placed a single bet on the winner. For example, you can make a parlay bet by choosing Henry Cejudo an underpriced underdog at (+200) combined with Gregor Gillespie an overpriced favorite at -500 over Yancy Medeiros who lost prior to this fight. This bet pays out +260 for a $100 wager. If you’re not comfortable with parlaying, you can still win a lot of money by betting on the underdogs.