Over/under round betting in UFC fights
December 4, 2007
For many UFC fights, BetUS.com will post odds which let you bet on the amount of rounds a fight will go. Similar to an over/under in football betting, over/under betting for UFC fights have odds set for a certain length and the bettor can choose to wager that the fight will be shorter or longer than what is posted.
Over/under fight betting example
- Chuck Liddell vs. Wanderlei Silva
- Over 1.5 rounds (+110)
- Under 1.5 rounds (-150)
In this fight, the oddsmakers have set the under 1.5 rounds as the favorite. This means for a -150 price, you’ll have to bet $1.50 for every dollar you want to win. So if you bet $150 on the under and it hit, then you will win $100 of profit. If the bet loses you would lose $150.
If you were to bet the over in this fight, you would have to bet $1 for every $1.10 you want to win. So if you were to bet $100 on the over 1.5 rounds and it wins, then you would profit $110 for this bet.
Some things to remember when betting over/unders
- Make sure you know how many rounds the fight is. Major title fights are usually five rounds, while all other fights on the card are three rounds. This seems simple, but people forget and don’t factor this in to their wager.
- Take into account the type of fighters in the ring and their past fights. If two guys like to slug it out and throw haymakers all day, then the over probably won’t be a smart bet. Look at the fighters past bouts and see how long each of them have lasted. You can get a good gauge for how a fighter likes to attack his opponent by looking at past fights.
Where can I bet the over/under on UFC fights?
BetUS.com has been the only sportsbook thus far to post odds for over/under betting. BetUS has over/under odds posted for all UFC fights, which includes The Ultimate Fighter.
Editor’s note : Read up on more UFC betting tips
Underdogs bring home the cheddar in main bouts - UFC betting case study
November 22, 2007
In the past ten major UFC events (UFC 67-77), the underdogs are cashing in at a much higher rate than the odds suggest they should. After reviewing the fight odds and results from each UFC event, we have concluded that an underdog is the better wager in main event fights as well as fights in which there is a heavy favorite (-500 or more).
How to convert a moneyline to a percentage
November 8, 2007
Converting a moneyline to a percent helps bettors to understand the percentage chance each fighter is being given to win the bout. Since moneylines are sometimes difficult to understand for newer bettors, percentages will help clear things up a bit.
How to convert to a percent for a favorite
- Amount you need to bet to win $1 / (Amount you need to bet to win $1 + $1) = Favorite’s %
- Example : Chuck Liddell (-300) vs. Keith Jardine (+220). So Chuck is a -300 favorite, this means you would need to bet $3 to win $1. If you take this and plug it into the formula, it would look like this… $3/($3 + $1) = 75%.
How to convert to a percent for an underdog
- 1/(Amount won when wagering $1 + $1) = The underdog’s %
- Example : For Keith Jardine (-220) you will win $2.20 if you bet $1. If you take this and plug it into the formula, it would look like this 1/($2.20 +$1) = 31.25
Note: The reason the two percentages do not add up is because of the juice that the sportsbook is putting on this bout. This is how sportsbooks make most of their money. They win a little bit from every fight, and every game bet on because of the juice.
How to use a percent to your advantage
- Using the percentage to your advantage is a very common betting philosophy in baseball, basketball, football and also fight betting. In order to use the percentage effectively you should gauge what percentage chance you think a fighter has in the bout and then compare that to the actual percent. If your percent and the actual percent are more than 5% off you probably have an edge (this applies to someone who understands the odds, and isn’t just taking a wild guess). Anytime you have an edge you should make a wager on the bout.
Editor’s note : Check out our reviews of places to bet on UFC and MMA fights
Bankroll management - Money management for the long haul
November 6, 2007
Bankroll management is the key to being a winning bettor in any sport. Any bum can pick a winner and cash in once, but it takes knowledge and discipline to win money over the long haul in gambling.
The most important rule
- The golden rule in bankroll management is to bet about 2-3% of your bankroll for each bet. This means that if your bankroll is $5,000 for a year, then each time you make a bet it should be about $100-$150. This amount that you consistently bet is referred to as a unit. Some people wager one unit on every fight, while others vary their units. If you like to be on the conservative side, I would bet the same amount on every fight. If you want to be more liberal with your money, then you can vary your units.
Don’t chase your losses
- Chasing your losses is a very common mistake for many sports bettors. Bettors usually go on a bad run and then try to win all their money back with one or two big bets. This is exactly what the bookie wants you to do. Never chase your losses. Bad days will happen in sports betting and you need to just take your lumps and pick it back up another day.
Wager within your means
- In the example above I used a starting bankroll of $5,000. If you can afford to bet with $5,000 then go ahead and do it. However you should never bet with any money that you can not afford to lose. This means rent, food etc… Unless you’re a professional, betting should be seen as a form of entertainment.
Keep in mind these three bankroll management tips, and you’ll be in better shape than 95% of bettors out there.
Editor’s note : Bet on every MMA league today at BodogLife.com
How to fund your online sportsbook account
November 4, 2007
Funding an online sportsbook account can be somewhat confusing at first if you’re new to the world of online betting. However, in this article we will take you through each step of funding your account and show you the easiest possible way to start betting today!
Since the Unlawful Internet Gambling Enforcement Act (UIGEA) passed in October of 2006, funding your betting accounts has become a little bit harder if you’re a U.S. citizen. Contrary to what some media sources are reporting, the UIGEA does not make online betting illegal. The only thing this bill does is reduce the amount of ways Americans can make deposits to online betting sites. With that out of the way, here are the easiest ways to fund your sportsbook account.
My mixed martial arts betting strategy
July 21, 2007
Almost every person who bets has a type of style or “system” they use to pick the team/fighter they want to bet on. I’ll first state that there is no one correct way to handicap a fight. Finding a style that works for you is the most important aspect of betting on mixed martial arts fights. If you try to bounce all over the place, and bet with different theories and systems, chances are you’ll end up broke.
How to bet on UFC fights - Learn how UFC odds work
July 15, 2007
UFC fights are suddenly becoming the most bet on events in sports, and most bettors really don’t have any idea of how to bet on UFC fights. In this piece, I’ll explain where to bet on UFC, how to bet on UFC and how UFC odds work.
How to bet on UFC fights
Unlike football as basketball where there are point spreads (ex. -7, +13.5) UFC fights have odds which are called moneylines. A moneyline is basically a way for the sportsbooks to even out the betting public. So for example if Chuck Liddell was fighting a no name guy in his first fight, Liddell would be a HUGE favorite, probably around -4400 or so (44 to 1). If there was no moneyline, you could just bet on the favorite everytime, and become a millionaire pretty quickly.
UFC betting tips
July 8, 2007
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.
Where to bet on MMA
MMA Info
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