In MMA betting, you can place moneyline or match bets on which fighter will win a fight. You can also make Over/Under bets on the number of rounds a fight will last. Parlay bets are more risky but offer higher profits.
Method of victory bets allow you to wager on whether a fighter will win by knockout, submission or judge decision. These bets are often more fun than the simpler moneyline bets.
Parlay bets
Parlays combine multiple individual wagers into one large bet that has a bigger potential payout. Each individual bet, also known as a leg, must win in order for the parlay to pay out. A single loss can ruin a whole bet. Parlays are riskier than individual bets and therefore aren’t recommended for casual bettors.
Parlay bets can also circumvent betting limits at sportsbooks. For example, if you love the total for a baseball game that opens early in the day but can only bet $300 on it as an individual bet, a parlay can allow you to place more money than you would otherwise be able to.
Parlays can also be a great way to hedge your bets. However, it is important to remember that the amount of money you can win on a teaser bet is lower than the return for a full rounded bet. This makes hedging a dangerous proposition, especially when the lines move between the time you place your bet and when it is hedged.
Over/Under bets
Over/Under bets are a great way to get into the action without spending too much money. They also offer some of the lowest vig rates in the industry, meaning that sportsbooks keep less of the total handle and pass on a significant percentage to bettors. However, they are not suitable for all bettors and require careful research before placing them. For example, a high-paced NBA team playing against a half-court oriented team will have their winning probability drop. This makes the over/under bet a good choice for parlays, but some books allow correlated parlays, which can lead to payouts that do not match the correlation.
Over/Under bets, also known as totals betting, are wagers on whether or not a game’s statistics will be more or less than a set number. They can be placed on things like points scored, field goals made, stolen bases in an inning, and even quarterback passing yards. They are popular in baseball, football, basketball, and hockey.
DRAW bets
When it comes to betting on a match, DRAW bets are an excellent option for low-risk wagers. This type of bet is based on the team’s skill level and is often a great choice for matches that are close in terms of competitiveness. For example, Wolves versus Leicester City is a match that could end in a draw, as both teams have similar skills and are battling for the top spot in their respective leagues.
Unlike Win bets, which are based on the probability of a team winning a game, DRAW bets are based on the likelihood that both teams will score equal goals or no goals at all. This type of bet is also commonly used in football, where two thirds of all games end in draws in major European championships. Adding a DRAW bet to your wager can significantly increase the payout of your wager, but it is important to note that a successful DRAW bet requires careful analysis of the odds and teams’ playing styles.
Future bets
A futures bet is a type of prop bet (proposition bet). It’s a wager on something that will happen in the future, such as a championship or a player’s performance. Unlike other types of wagers, futures bets are long-term and can be affected by many factors. These include injuries, trades, and other events that could affect the outcome of a game. Futures bets also pay out a substantial amount if they win.
While futures bets are fun and can yield big payouts, they aren’t for everyone. They require a larger bankroll than single-game wagers and can sometimes have higher house edges. However, they offer a great way to make your money last longer than a traditional bet. They also allow you to hedge your bets by placing a new bet that will result in a profit if your original wager loses. For example, you can bet on the team that will win a championship and then place another wager on the same event to hedge your losses.