In MMA betting, bettors place wagers on the outcome of a fight. Usually, there is a favorite and an underdog in every match. Bettors can choose to bet on one or the other, or they can make a parlay bet that requires them to select all of the outcomes correctly in order to win. Parlays tend to have higher payouts but also carry more risk than single bets.
MMA betting is available at online sportsbooks, with most offering both pre-event and in-play wagering. The latter, known as live betting, allows bettors to see the odds as they are being updated during a fight, making them more accurate. Live betting also provides an opportunity to bet on props, which are specific outcomes that a bettor can predict.
Some of these props are more complicated than others, but they can add a lot of value to a bet. For example, a fighter’s striking stats can provide valuable insight into their chances of winning a particular fight. These statistics can include strikes landed, strikes absorbed, and takedown defense. Often, fighters with better striking abilities win over 60% of their matches.
Other props are based on the fighters’ height, reach, and stance. In addition to these, a fighter’s style can be an important factor. Some fighters prefer to wrestle, while others are more effective with stand-up strikers. Regardless of the style, it is essential to study the opponent and their record when placing a bet on an MMA fight.
Many MMA fans are drawn to the sport because of its unique rules and brutal fighting. This appeal is also attracting big money at the betting windows. In an effort to curb this, the UFC has introduced a ban on gambling on its fights. However, this move has been met with outrage from the MMA community. Many fighters, coaches, and managers believe that the ban is ineffective and will only cause the fight industry to suffer.
Despite the UFC’s ban on gambling, it is not uncommon for fighters to bet on their own fights. Some even place large bets, sometimes in the hundreds of thousands of dollars. ESPN recently interviewed a dozen UFC insiders, and most said that the practice is widespread in the sport. In addition to the normal bets placed on individual fights, a large number of MMA fighters are also placing large wagers on cards as a whole. Many of these bets are made with the help of associates or agents. This type of gambling is especially dangerous as it can lead to addiction and financial ruin. In order to avoid this, it is crucial to set a realistic budget and limit the amount of money you’re willing to spend. It’s also a good idea to gamble responsibly and never bet more than you can afford to lose.