Nothing beats the UFC when it comes to combat sports. UFC betting odds have become enticing to bettors for a long time. It is a great way for you to make some extra money. However, if you want to bet on the UFC, there are some things you must understand first regarding both the fighters and the sport, so you can learn how to read the odds.
Reading UFC Odds
The majority of sports are presented similarly. A minus sign represents the favorite, while the plus sign represents the underdog. If you see +110 or -110, it usually means vig or juice. The sportsbook will collect $10. Sportsbooks have to make a profit in order to function and the juice ranges between $ and $10.
Additionally, underdog bets are prone to more risk. This is why you must put up as much money as you would with a favorite bet. Remember that you don’t have to bet $100 on the match. If you like, you can easily wager whatever amount you want depending on the sportsbook.
What types of bets can I make?
Wagering brings many options including method of victory, total rounds, and money line. If you are looking to win a bet on whom you think is going to win the fight, money line betting is the way to go. For instance, Conor McGregor was a -140 favorite for his fight with Eddie Alvarez at UFC 205. In order to win $100, you would have to wager $140 n McGregor. Since Alvarez was the +110 underdog, you will only need to wager $100 to win $110.
If you are looking to place a bet on how the fight will be won instead of who will win it, you will choose a fight outcome bet. This can be done by a knockout, submission, or decision. Using the same example mentioned above, if you feel that McGregor will win the fight with a knockout, which he did, your bet would be a means of victory.
Lastly, round betting is another way you can bet on the UFC. This is similar to OVER/UNDER betting that you would make on other sports, but you would bet the number of rounds instead of guessing if the total number of points will be more or less than the amount set by the sportsbook.
Tactics Used for Betting
Tactics used for UFC betting are straightforward. UFC bettors can choose between the three:
- How a fight will end
- How long a fight will last
- Who will win
However, you must do your own homework if you want to place smart bets. UFC betting can win you some money when you do your homework, unlike the homework you did while you were in school.
Where to Bet on the UFC
There are various sources you can check out to see which books are the most conducive to your betting needs. This is for those who are very serious about UFC betting. Sportsbooks will be your go-to. Some sportsbooks will offer better odds than others.