How Do Fight Odds Work

How Fight Odds Work
How To Read Fight Odds
How To Understand Fight Odds
How Do Vegas Boxing Odds Work
How Do Fight Odds Work
How Do Boxing Odds Work

It’s about fighting for your love and your relationship. The world may be against you but it’s important that deep within yourself, you know why you’re ready to fight with everything you have just to make it work. Always draw strength from each other. UFC/MMA odds comparison service. Compare the latest UFC/MMA fight odds and betting lines from the top online sportsbooks. Boxing is an individual combat event where players of a similar weight or category fight a bout with each other. As such, boxing betting odds tend to favor consistent winners and achievers. Every gambler, whether professional or amateur, has a personal favorite. The plus and minus in betting can mean two different things. They are used in American style odds to denote how much a $100 wager will pay out if it wins (when a plus sign is used), or how much must be staked to win $100 (when a minus sign is used). The line is simply the odds for that particular game, translated into whatever system is used. When a big Las Vegas casino issues the first line on a game, it is known as the 'opening line.' Offshore sports books often issue a line before Vegas does, but the Vegas line is usually considered the most trustworthy.

by Matt Lo Cascio

The onset of legal gambling in Illinois and many other states has spurred MMA gambling to become very popular. The fights are already exciting, but when you have a vested interest in the outcome, your heart beats a little faster and you end up teetering on the edge of your seat. You might even yell at the TV.

But before you lay down some cash on a fight you have to know how MMA betting odds work.

MMA ODDS: THE BASICS

Let’s start with the basics of MMA Odds. The first thing to know is MMA odds in America will have a + or – sign in front of a number. Let’s use an imaginary MMA fight as an example. And since it’s merely an example, let’s get a little wacky with it. How about Brock Lesnar vs. Fedor Emelianenko? We’ll assume the favorite in this fight would be Fedor. That would make Brock Lesnar the underdog. Favorites always have a minus sign in front of a number, while the underdog will have a plus. In our imaginary fight, Fedor would be the favorite at -180, while Lesnar would be the underdog at +120.

For favorites, the number represents the amount you would need to bet in order to win $100. So if I bet $180 and Fedor wins, I would receive $100 in winnings as well as my $180 wager back.

For underdogs, the odds work a bit differently. The plus sign indicates the amount of money you would win per each $100 wagered. So if I put $100 down on Lesnar and he wins, I would receive $120 in winnings plus my initial $100 wager back.

PARLAYS, FRACTIONS, AND PROPS

Betting favorites or underdogs is just one way to wager on MMA. There are many other MMA betting options like parlays, fractional odds, and props. Parlays are more difficult to win because you must select at least two fighters and they both must win in order to cash on that wager. The good news is the odds always increase in parlays which make the payouts bigger.

Parlay odds are difficult to figure out. Every betting site will show you updated odds as you add fighters to your bet slip. But if you wanted to see what your parlay odds will be before visiting your preferred betting site, you can use a parlay calculator. For example, let’s say I picked a fighter that was +245 and parlayed that with a fighter who was +325. If you bet $100 on that parlay and won, you would win over $1400. You can even parlay six fighters. A mix of favorites and underdogs in a six-fighter parlay could be worth over $10,000 with just a $100 bet.

How Fight Odds Work

Fractional odds aren’t used much in MMA, but they are used when you want to place a bet on a team or player in a non-game situation. Let’s say you were a baseball fan and prior to opening day wanted to bet on the Chicago White Sox to win the World Series. You would see odds around 10/1. That means you would win $10 for every $1 you bet.

Props, aka prop bets or proposition bets, are bets that are placed on something happening during an event and not necessarily a final result. An example would be betting on how many takedowns Khabib Nurmagomedov might land in a fight. You would be offered an over or under on those takedowns. Khabib is the takedown king, so maybe the over/under number would be four takedowns. You could bet either side of that and it wouldn’t matter if Khabib won or lost the fight. Other popular MMA prop bets include picking the round the fight will end as well as the method of finish.

The odds on boxing fights are a bit confusing if you don’t know how to read them. The betting odds for a fight usually look something like this…

Mike Tyson (-320)
Evander Holyfield (+210)

Favorite Betting

In this example, Mike Tyson would be the favorite in the fight. And his odds for the fight are -320, which is the same as 3.2-1. So for every $3.20 you bet on Mike Tyson you would profit $1 if he won. So if you bet $320 on Tyson and he wins, then you would profit $100.

If Tyson loses the fight, you would lose $320.

How To Read Fight Odds

How To Understand Fight Odds

Underdog Betting

In this example, Evander Holyfield would be the underdog. His odds for the fight are +210, which means for every $1 you bet on the fight you would profit $2.10. So if you bet $100 on Holyfield and he wins the bout, then you will have profited $210.

If Holyfield were to lose the fight you would be out just your original $100.

Totals Odds In Boxing Betting

Some sportsbooks in Las Vegas and online, put out odds on the total amount of rounds the fight will go. So a total for this fight might look like this.

How Do Vegas Boxing Odds Work

Over 10.5 rounds (-145)
Under 10.5 rounds (+110)