Betting on MMA matches is becoming increasingly popular as the sport continues to rise in popularity. This is primarily due to the fact that MMA betting offers much bigger payouts than betting on sports like football or basketball. The key to successful MMA betting is understanding how the odds are set. This will help you to make more informed wagers that are based on accurate research.

Oddsmakers have a job to do and they often set their odds with good reason. However, it is important to note that the line for a fight may shift as you get closer to the event date. It is also important to understand the different types of odds – American, decimal and fractional. Each type has its own advantages and disadvantages, so it is crucial to know how to read them before placing a bet.

Another common mistake that many bettors make is chasing underdogs. This can result in a lot of losing bets. Instead, it is best to stick to the moneyline bets and only place underdog wagers when you have plenty of research supporting their chances of winning.

It is also a great idea to check out a few expert MMA picks before making your own. Mma experts will have a thorough understanding of how each fighter fits into the matchup, so it is important to learn from their analysis. This will help you to avoid any potential blunders that could cost you big.

Taking advantage of MMA Over/Under Totals is another excellent way to make some extra cash when placing your MMA wagers. These bets are based on the expected number of rounds that will be completed during a particular fight. They are generally determined by the style of fighting and whether a fighter is known for their ability to knockout opponents. Depending on the type of fight, the Over/Under totals may range from three to five rounds.

One of the most popular forms of MMA wagering is parlay betting, in which several bets are tied together into a single bet to increase paying odds. Parlays are highly profitable, but they can be risky if you’re not careful. If you want to be a profitable MMA parlay bettor, it’s important to keep your parlays small and only include the top events. It is also a good idea to track your winnings and losses, so that you don’t end up risking too much money. Keeping track of your bankroll will also help you to decide when it’s time to take a break. This is especially important if you’re on a losing streak.