Mma is a thrilling sport to watch and even more so when you have money riding on the outcome. The sport combines a dazzling mixture of martial arts styles including Brazilian Jiu Jitsu, Muay Thai, Greco-Roman wrestling, and straight freestyle fighting. As a result, it has grown to become one of the most popular pay-per-view events and attracts bettors from around the world. In order to make the most of your MMA betting experience, it’s important to keep a few things in mind when placing bets.
Prop bets are wagers on specific events during a fight and can include things such as who will get the first knockdown or whether the fighters will touch gloves. They offer much higher payouts than standard bets but come with a greater degree of risk. Prop bets are available at most reputable sportsbooks and can be a fun way to spice up your fight viewing experience.
Method of victory betting is another popular form of MMA betting. This bet lets you place a wager on how a particular match will end with payouts determined by moneyline odds. Typically, there are three methods of victory offered: win by KO/TKO, win by submission, and win by decision.
Another great way to enjoy MMA betting is by placing an Over/Under for round totals. This bet is based on how many rounds the fight will last and is often longer than Over/Under bets for other sports. For example, you can bet on Alex Pereira to win in the second round of a fight against Israel Adesanya with odds of +450, meaning that for every $100 you wager you will win $450.
In addition to Over/Under bets, MMA betting sites usually offer the option of making bets on individual rounds. This is especially useful for smaller fights, where the odds of winning a particular round are considerably lower. For example, a bet on Adesanya to win in the second round would have odds of +175 while a bet on Pereira to win in the third would have odds of +450.
One of the most interesting aspects of MMA betting is that fighters are not required to report their bets to the UFC. This makes it difficult to keep a lid on insider information and can lead to suspicious line movement before a fight. The issue is exacerbated by the fact that many fighters work as independent contractors and often have informal arrangements with their coaches and training partners. For instance, former UFC flyweight champion James Krause was a prominent member of a Discord channel known as the 1% Club and frequently shared betting tips with other members. This led to Krause openly bragging about his success as a bettor and even boasting that he made more from gambling than fighting. As a result, the UFC updated its “Athlete Code of Conduct” to explicitly state that fighters are not allowed to place bets on their own fights.