In our society people often get a rush from feeling that they know more than other people on certain subjects. This is where gambling on sports has been such a huge success over the years. Here today I want to talk about some tips and just general advice for those looking to bet on mixed martial arts.
The odds and lines used here today for example are from 5dimes which in my opinion is the best online site. There is a link at the end of the article for anyone interested in becoming a member. They offer minimum $1 wagers and a ton of different options such as parlays and prop bets on all kinds of events. You can even bet on television shows such as Dancing With The Stars and American Idol.
Let’s get back to the topic at hand which is gambling on mixed martial arts. For starters let’s talk about some of the basics. In a straight bet you’re gonna have a favorite and an underdog. The lines shown will be something like Lyoto Machida -180 vs Shogun Rua +160. Many people will look at those lines and wonder what it means in terms of money. Well those odds show that Machida is the favorite and Shogun Rua is the underdog. It pretty much means that you have to win $180 to win $100 on Machida and a $100 bet on Rua wins you $160.
With that in mind you have to keep in mind from a gambling perspective that anything can happen in mixed martial arts. Just here recently there was a ton of money to be made or lost when BJ Penn lost to Frankie Edgar. On some sites Frankie Edgar was a +500 underdog meaning that if you bet $100 then the payout was $500. A smart person has to look for value in these fights at times disregarding what they think about the outcome.
For example when looking at the UFC 113 lines and odds I feel that Shogun Rua is a great value at +160. It’s a rematch and a majority of fans felt that Shogun Rua actually won the first fight and was screwed by the judges. This line will move more towards even as we get closer to the fight. That is something else to keep in mind when betting on mixed martial arts.
They don’t call it gambling for a reason and in mma anything can happen just ask those that had money on Georges St. Pierre to beat Matt Serra. But there are some winnings to be earned if a person does the research and makes smart plays on a consistent basis. There are often great odds on newcomers to the UFC and other organizations. I recommend using youtube to research older fights to get a better idea of the fighter you’re gambling that hard earned money on in certain cases.
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