One sport that has seen a surge of popularity with fitness enthusiast and gamblers are MMA and UFC bouts. However because many punters get caught up in the novelty of particular fights rather than having any knowledge about the sport, they usually lose money. In order to be successful you need to understand how the odds work. There are a lot of ways to master this and one of it is by doing a research and knowing important data. One of the most popular websites that can help you is the UFC betting page at William Hill, they provide all the details everyone needs to know.
How Exactly Do You Bet on UFC/MMA?
In comparison to other sports, like basketball or football where the points are spread between two teams are part of what gives us the odds, UFC is a different beast entirely. With MMA fights the odds are known as money lines. Money lines are there to enable a sports bookmaker the opportunity to balance the risk out by keeping half of the gamblers placing bets on a fight at either side of the wager, in a similar way to point spreads with other games.
For example, imagine a major player in the UFC is taking on a virtual no-one or newbie who is fighting in his first big match up. The star would be the overall favourite. If there wasn’t money lines, obviously all betters would be able to put money down on the favourite and the bookmakers would lose out and eventually go bankrupt.
In contrast, consider a fight with two more equally matched fighters. Perhaps Tito Ortiz is facing Rashad Evans and the odds are Ortiz – 140 and Evans +120, which translates as Ortiz being the favourite. Which would mean you would win £1 if you bet £1.40 plus your original stake, giving you a total of £2.40 if Ortiz won. On the other hand if you bet £100 on Evans winning, you would get £120 plus the original stake, so £2.20.
As more and more bets come through for both fighters, the money lines shift and change over the course of time, as this helps to balance things evenly on each side as much as possible. Once you bet on a fighter, you keep the original money line. However, you need to monitor changes that occur after betting as news such as injuries or things like that may happen before the bet goes live.
Other Important Factors to Keep in Mind
When you are trying to decide on the right bookmakers to place a bet with, it is important to look at the pay-out times as well as the odds they offer. It can be a real pain and frustrating when you have a huge windfall and have to wait several days for the money to be paid out. If a bookmaker does this, it should be taken as a red flag that something is not quite right. It could mean for instance that there is a lack of liquidity with their finances, which is why it is best to choose a professional organisation with decades and decades of experience such as William Hill.