When you think of the different combat sports that have ties to the betting industry, the one that stands out above the rest is certainly boxing. This sport is long established as one you can bet on, and many people do.
Whether it is a one-off bet on the next big fight or going through the card and betting on every bout at smaller events, there are many people who like to bet and do so on boxing.
But can UFC betting ever become as big as betting on boxing? Will we see betting on UFC reach the heights of betting on events containing star boxers like Anthony Joshua?
The appetite is certainly there for it, the bookmakers are beginning to come round and give it similar attention, and the sport is perfectly set up for betting.
It may not be long until UFC betting is just as big as boxing betting, and in the future it could grow to become even bigger.
UFC and Boxing Betting Markets
Boxing has been established as a betting sport for many years. Therefore, those betting have a number of different betting markets they can use to place a wager.
When UFC betting arrived on the scene, which wasn’t too long ago, only basic betting markets existed and that put some people off.
However, we are now seeing more and more created, so that the service on offer in terms of how you can bet and the number of opportunities in front of you is certainly improving.
For example, round betting and method of victory markets, which have long been established for boxing, are now available with the top bookmakers on UFC fights.
You probably won’t find them in all fights, but certainly on the big ones involving the biggest names in the sport right now, such as Khabib, who hopes to fight soon.
These alternative markets are what we need to see UFC betting move to the next level and become equal to boxing betting.
It is probably fair to say that the bookmakers offering UFC betting have upped their game in recent years. This is because they have witnessed the rapid growth of UFC and they have to cope with the demand placed on them.
With fans tuning in to watch the big events on TV, bookmakers have no choice but to create a service and provide UFC betting odds for as many events as they possibly can.
Things may not have been perfect at the start, but now there is an audience waiting to take advantage of what is on offer, bookmakers have had to change their approach.
They are now invested in growing and moving forward their UFC betting model and that is only going to be a positive for those who like to bet on the sport.
The Benefit for UFC
When you think about betting on sport, the initial reaction is always that the benefit of this is to give bookmakers more custom. However, the UFC can also benefit by attracting new fans to the sport.
There are some gamblers out there who like to bet on a regular basis. They don’t have a favourite sport and will bet on anything.
If the UFC can get its name out there then these gamblers may be tempted to place a bet on the sport. This is where we could see a new influx of fans coming forward to grow things further.
What the sport has right now is a fantastic setup for their biggest events. These PPV nights have a whole host of events taking place, perfect for someone who wants to bet throughout the night.
With one PPV payment, those gambling can place many bets on each fight that takes place and this is certainly something that could appeal to new fans looking for a sport they can bet on.