MMA betting has seen huge growth in recent years as more and more people have taken an interest in this brutal sport. This growth has been partly due to the many entertaining personalities involved in MMA and the different styles of fighting, but also due to the high level of action that can be found in each match. Those interested in placing a wager on an upcoming MMA fight should familiarize themselves with the rules and regulations of the sport before making any bets.
One of the first things that should be done is to set a budget and stick to it. This will help to keep you from gambling beyond your means and will ensure that you are able to continue to bet responsibly as long as possible. It is also important to track exactly how much money you are winning and losing so that you know when it may be time to make some changes to your strategy.
Another thing that bettors should do is to conduct research on the fighters before making any wagers. This can include researching stats such as strikes landed, strike absorbed and takedown defense, as well as watching video clips of the fighters in action. This research will help you to identify potential handicaps in the odds for a particular matchup and can greatly improve your chances of success.
Lastly, bettors should pay attention to the matchups that are scheduled for a particular event and look at how the fighters have fared in past matches. This will give bettors a better idea of how likely it is that the favorite will win, and will allow them to search for underdogs where they can find value.
Method of victory wagers are a great way to add some variety to your MMA betting. These bets offer odds on how a fight will end, with options including Decision, KO/TKO, and Submission. These bets are available at most sportsbooks and can be placed on both pre-fight and live events.
To place a method of victory wager, simply select the desired option from the list of markets on the BetMGM website and then choose your stake. The website will then show you the odds for your selection, and once you’ve made your bet you can watch the fight as it unfolds! For those looking for more fun prop bets, BetMGM offers a number of options like the ‘Gone in 60 Seconds’ where you can wager on either fighter to win within the allotted amount of time. These bets can be extremely exciting, and are a good alternative to placing standard moneyline wagers. The only downside is that these bets can have a higher house edge than other types of wagers. However, if you do your homework and pick the right bets, they can be very profitable. You can find these bets in the ‘Special Props’ section of the site.