Learning how to bet on Ultimate Fighting Championship competitions can be beyond difficult – it is practically mind boggling if you do not know what you are doing. Since money is involved, clearly it is beyond important to research the topic a little bit before you go throwing cash away without knowing exactly what you are doing with it. Unlike the techniques used for betting on football and basketball games, wherein the sports book utilizes the familiar point spread system, you have to use the moneyline system used by Mixed Martial Arts sports when betting on the UFC.This allows the sports book who is taking bets on UFC events to make the betting odds more evenly balanced.
The best way to explain this is to look at a hypothetical situation. For example, pretend there is a competition between Randy Couture, who is rather like a god among men in the world of Ultimate Fighting Championship events, and some nameless fighter who completely lacks experience and is probably about to get his butt handed to him on a silver platter. To make things even more interesting, let us go on to say that this is only Nameless Guy’s third fight and that he lost his second one on a TKO.If you looked at the betting odds for a hypothetical fight such as this, it would probably say that Randy Couture was at -3300. Are you wondering what that means? Of course you are!
So what do moneylines do? Well, his is an actual, factual example.Take a step into the Way Back Machine and transport yourself back to UFC 84 – a wonderful Ultimate Fighting Championship bout.Most people use the real example of the match up between Tito Ortiz, former light heavyweight champion, and Lyoto Machida, one of the fastest rising stars in the genre of Mixed Martial Arts in general and in the UFC in particular.For that fight, Lyoto Machida was the favorite at -210; at +165, Tito Ortiz was considered the underdog.
What all of that means in terms moneylines is that, in order to win $100 on Machida, you would have had to bet $210. Most people think that they could bet $100 dollars and win $210; moneylines prevent that, and in so doing, keep the bets balanced.In reality, by betting $100 on Machida, you would have received $45 if he won.Conversely, because he was not favored, you could have bet $100 on Ortiz and gotten $165 if he won.
Just seeing all those plus and minus signs may make moneyline betting seem complicated at first glance, but as you can see, it is relatively simple to understand once you take a look at the premise and the math behind it – and trust, it gets even easier to understand every time you place a bet.