UFC
betting strategies vary from person to person. The following are three
of the best UFC betting tips that I depend on for every UFC event.
Rule 1 - Stay away from heavy favorites
This is a huge mistake that many new bettors make. I admit, I was
guilty of this as well when I first started betting on sports. In the
realm of UFC betting, avoiding this rule will turn you broke quicker
than anything else. I don’t ever recommend betting on someone who is
above a -400 favorite. I usually only go to about -300 or so on most of
my bets, and even then I don’t wager as much as I would on an underdog.
Rule 2 - Don’t bet on every single fight
When you are new to betting, there’s a tendency to bet on as many
events as possible. This is horrible thinking, because there are tons
of fights that neither fighter has an edge. If there is no discernible
edge, then why would you lay your money on a fight? If you’re just
betting on the fight for the hell of it, make sure your bet is VERY
SMALL and won’t hurt your bankroll if you lose.
Rule 3 - Always look to the underdogs
If you talk to any professional sports bettor, they will tell you that
to profit in the long run, you must bet on more underdogs than
favorites. Especially when you are betting on UFC fights, there is a
larger amount of juice on the favorites, so you need to win at a MUCH
higher ratio, then if you are picking underdogs. Granted the underdogs
will not win as much, but over the long haul you have a much better
chance of profiting if you are betting the doggies.
These will help
clear up any questions you might have when it comes to betting jargon.
- Bookie - Usually a person who accepts local bets.
Sometimes people on the web refer to sportsbooks as bookies. This is
more prevalent in European areas.
- Chalk - The favorite in the fight, or the guy at - odds.
- Dog - The underdog in a fight, or the guy at +
odds. Underdogs can potentially have negative odds if its something
like -115 vs. -105.
- Edge - Our competitive advantage when betting on a
fight. Sometimes this is because of knowing more information than the
linesmaker, and sometimes this is because of the odds posted for the
fight.
- Even money (EVN) - When a bet’s odds are 1:1 or +100 this is even money. You aren’t paying any juice on the bet.
- Favorite - The favorite is the fighter that is
expected to win the bout. The sportsbooks designate this fighter with
a negative sign infront of the moneyline. (Ex. Chuck Liddell -145)
- Handicapping - This is the research and strategy
you put into making a bet. There are many different ways to handicap a
fight. Most bettors use a few methods and stick with what works for
them.
- Handle - This is the amount of total bets taken on
a fight or event. This usually refers to the total amount of bets that
the sportsbook “handles”.
- Limit - The maximum bet that an online sportsbook will allow a bettor to place on a fight.
- Line - Another name for the odds for a fight.
- Moneyline - Odds for MMA fights are expressed in
terms of money. So a moneyline of -145 means that for every $1.45 you
bet, you would win $1.
- Odds - A numerical value determined by the sportsbook that shows the likelihood of each fighter winning the fight.
- Opened (opening line) - This is the odds that were set when the line was first put out for betting.
- Parlay - A combination of bets in which all of the
fighters must win in order for you to win the bet. In return, you get
better odds for your bet, such as 6-1 on a 3 team (fighter) parlay.
- Prop bet - A specific wager on an outcome in a
fight. Take for example in boxing, there are prop bets on which round
the fighter will end the bout. If you choose the round correctly you
get paid out at higher odds than a normal bet.
- Push (draw) - When a fight does not have a winner declared it’s marked as a draw, and all bets are refunded.
- Sportsbook - The website or company that takes your bets for fights.
- Square - Someone who is a total beginner at sports betting. They usually bet on favorites 95% of the time.
- Totals bet - In MMA betting you may bet on the
over/under the amount of rounds you think a fight will last. The
sportsbook sets a total, and you then bet over or under than number.
- Underdog - The fighter who has + odds. This means
if you bet on the fighter and they win, you’ll receive more than your
original bet back. So if you bet $100 on Tito Ortiz at +135 and he
wins, you’ll win $135 in profit.
From: MMABettingBlog
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