In MMA betting, there are a number of different wager types to choose from. The most basic is a moneyline bet, where you pick the winner of the fight. This bet type is easy to place and a great way to get started with the sport. However, it’s important to understand how odds work before placing a bet. Betting odds showcase how much a bettor can win for their wagers, in terms of dollars per $100 wagered. Fighters who are listed with plus odds are considered to be favorites, while those with minus odds are underdogs.

MMA is a mixed martial arts sport that features striking and grappling styles. The UFC is the largest fighting promotion, but other organizations like Bellator and ONE Championship also have substantial betting markets. Regardless of where you’re looking to bet, you should always look for reputable online gambling sites that offer competitive odds and are safe and secure. A reputable site will also allow you to deposit and withdraw your funds with confidence.

Before you begin placing a bet, it’s crucial to conduct your own research on the fighters. This can be done by studying statistics such as strike landed, takedown defense, and average rounds fought. You can also learn more about the fighters by watching previous fights and making notes. However, stats should not be your only source of information, as personal vendettas, rematches, and other factors can affect the outcome of a fight, even if they’re not reflected in the numbers.

Another popular MMA betting option is the over/under round bet, which involves predicting how many rounds the fight will last. The over/under bet is based on the total number of rounds set by the sportsbook, and you can win by placing a bet on whether the fight will go longer (over) or shorter (under) than that number. For a more nuanced betting experience, you can also bet on method of victory, where you predict how the fight will end, such as by knockout, submission, or decision.

For more complex MMA bets, you can also place parlay bets, where you combine multiple bets on different events into a single bet. These bets are riskier than individual bets, but they can provide bigger payouts. For example, you can place a bet on Raquel Pennington to beat Holly Holm in the third round by submission. However, if any of your bets lose, your entire parlay will lose. To avoid this, you should always make sure that you’re playing within your budget and never bet more than you can afford to lose. Moreover, you should never chase your losses and instead focus on making smart bets based on data and analysis. This will help you become a better MMA bettor in the long run.