Mixed martial arts is one of the fastest growing sports in the nation. That and along with the fact that the sports biggest organization is based in Las Vegas means that gambling is a hot ticket. But before you go running out to place a bet there are several things you need to know in order to be successful laying money down on the fights.
When you bet in mixed martial arts its not very different than boxing. In each fight you have an underdog and a favorite. The odds makers level the playing field by putting a moneyline on the fights. A moneyline will usually show the level of odds and change for various reasons. Below this paragraph is an example of what a mma line could look like leading up to an event.
Frank Mir (-150)
Brock Lesnar (+150)
Now to further break down those numbers here is what they mean. The fighter listed with a negative number is the favorite. In this case Frank Mir is the favorite showing a line of -150. That means that you would have to bet $150 on Mir to win $100. The fighter with the positive number is the underdog. Which in this situation would mean that Brock Lesnar is the underdog with a line of +150. If you were to bid $100 you would win $150.
As mentioned above the line can change in these fights. If a fighter has minor injuries or non-fight related issues come up in training the line could change. One common strategy of gamblers is that if you are planning on betting on the underdog its best to wait until right before the fight. The reason for this is because most of the time people place more money on the favorite the week leading up to the fight which in turn makes the odds better for the underdog. Then of course the way people bet sways the line as powers that be will make adjustments to reflect how people are betting on the fight. One good thing is that wherever the odds are when you bet those are your odds until the fight happens regardless of how the line changes.
One final comment about gambling on mma is that even with the current popularity its difficult to find dependable sites out there and not everyone can get to Vegas on a regular basis. The most dependable and notable sites used are probably Bodog, Sportsbook and BetUS. Hopefully this article has been informative and has answered any questions you readers may have about the topic.
Source(s) – http://mmamania.com/2008/06/06/how-to-bet-on-ufc-with-new-mma-betting-calculator/ , http://www.mmabettingblog.com/2008/03/30/20-gambling-terms-every-mma-bettor-should-know/