MMA has picked up something of a reputation for being an enjoyable “brutal game”. However, while there are multiple points of view, betting on the sport can be a profitable exercise if you know how the odds work.
MMA betting odds can be a tricky thing to navigate if you’re new to the concept. Understanding how the odds work is essential, so we’ll show you. Here’s a look at MMA betting odds so you’re confident in making wagers.
Understanding the Odds
So, there are three types of betting odds to wrap your head around. They all do different things, and all require different types of wagers. Let’s take a look at them one at a time.
Decimal Betting Odds
First up, we’ve got decimal betting odds. These are probably the easiest odds to work out. You calculate decimal odds by multiplying your stake by the decimal.
So, an example would look a bit like this:
- You bet £10 at 3.0 odds.
- The calculation is, therefore, 10 x 3.0.
- 10 x 3.0 = 30
- Total return from a £10 bet = £30
Make sense? It’s not too tricky to wrap your head around after a while. For more detailed instructions, head to this link.
The second type of MMA betting odds to watch out for is the American/Moneyline odds. These odds work based on how much money you’d need to bet to make £100.
American odds work on a + and – system. These symbols represent whether you’re dealing with good or bad odds. Let’s check out an example:
- Fighter A: – 150
- Fighter B: + 200
So, the minus odds are considered the “favourite”, and the plus odds are considered the “underdog“.
Because the favourite is more likely to win, you’ll need to bet more to make your £100. In this example, your bets would look like this:
- Fighter A: To win £100, you’ll bet £150.
- Fighter B: To win £100, you’ll bet £50.
Fractional Betting Odds
The third type of odds is fractional betting odds. This is what the UK uses a lot – especially for horse racing. Like, for example, 6/3.
To work out the odds, you need some complicated maths. You need to add the two numbers together, divide by the second, then multiply your stake by that number. Confused? Let’s look at an example:
- £50 bet at 6/4 odds.
- 6 + 4 = 10
- 10 / 4 = 2.5
- 50 x 2.5 = 125
- Total return on £50 stake at 6/4 odds = £125
Betting Tips and Tricks
Getting the best winnings often involves a bit of strategy. Here are some of our tips:
- Research the record of the fighter beforehand – do they win a lot?
- Look at both the strengths and weaknesses of your fighter.
- Look at the bookie’s odds – they usually have a good idea of the result.
Making a wager on MMA fights can be tricky for newcomers. Understanding the odds will give you the best chance of success. Remember to bet small amounts to start with, build up some confidence.