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UFC Odds Explained
How to Read UFC Odds
Most sports odds are presented in the same way. The favorite is represented by the minus sign (-), while the underdog is represented by the plus sign (+). You’ll also notice that odds are usually based on bettors wagering $100. When you see +110 or -110, it means that the juice or vig – what the sportsbook collects – is $10. Sportsbooks have to make money in order to be able to operate and the juice is usually in the $5-$10 range.
For example, you may see odds for a fight between Conor McGregor and Khabib Nurmagomedov shown like this:
If you decided to bet the favorite (Nurmagomedov), you would need to lay down $155 to win $100. Conversely, if you bet the underdog (McGregor), you would only need to lay down $100 to win $125. Underdog bets come with more risk, which is why you don’t have to put up as much money as you would with a bet on the favorite. Something to note, you don’t have to bet $100 on the game. You can wager whatever you like, depending on the sportsbook.
Kudos to you if you can spell “Nurmagomedov” on your first try. Some of us had to look it up.
UFC Betting Explained
When it comes to wagering on this combat sport, you have many options like the moneyline, method of victory, and total rounds.
UFC moneyline betting simply comes down to betting on who you believe is going to win the fight. For example, Conor McGregor was a -140 favorite for his fight vs Eddie Alvarez at UFC 205. To win $100, you would need to wager $140 on McGregor. Yet, Alvarez was the +110 underdog, which means you would only need to wager $100 to win $110.
The method of victory bet is a wager you place on how the fight will be won instead of who will win it. Using the same example of UFC 205, if you believe McGregor will win via knockout – which he did – that would be your method of victory bet.
A total rounds wager is similar to an OVER/UNDER bet you would make on any other sport but instead of guessing if the points total will be less or more than the amount set by the sportsbook, you would bet the number of rounds. If you think the fight between McGregor and Nurmagomedov will be over in 2.5 rounds or less, you would bet the UNDER. If you think the fight will go more than 2.5 rounds, you would bet the OVER.
UFC Betting Tactics
The straightforward nature of UFC betting leads to straightforward handicapping and strategy as well. UFC bettors are tasked with picking winners, how a fight will end, and how long it will go on. In order to make smart bets, you’ll need to do your homework. The only difference between doing your homework now vs when you were in high school is that UFC homework can win you some money. If only that were the case when you were a teenager, although you probably would’ve spent your homework reward money on Nine Inch Nails CDs like some of us did thinking they were going to start the goth revolution.
Moving on. The great UFC fighters are versatile, but regardless of how good a fighter is, he or she is going to have strengths and weaknesses. These show up in the style that the fighter employs. A powerful striker is going to try to keep the fight off the mat and win with punches and kicks. A grappler is going to try to get the fight down to the mat and win by submission.
Bettors should take the time to learn and understand the different styles presented by each fighter and how they play off each other. While a fighter will usually be able to dictate the pace of a fight, one vulnerable weakness against the wrong opponent could send a favorite to a bitter loss and pay off a nice underdog wager.