When it comes to mma betting, there is a lot more to consider than just picking a winner. Prop bets, parlays (accumulators), Over/Under or round bets all add an extra layer of depth and strategy to a fight. But there are also some unique pitfalls that can lead to costly mistakes. Having a clear understanding of the different types of MMA wagers is an essential first step to making smart bets.

The most basic MMA bet is the moneyline, which is a simple wager on who will win the fight. The odds are based on the fighters’ relative chances of winning and losing, with favorites offering a lower payout and underdogs a higher one. This is all based on the plus and minus system, which can seem confusing at first but makes sense once you get used to it.

Odds can change throughout the week, based on what other bettors are doing and fighter news. This is something that all bettors should take into account, especially when betting on a fight where there is a lot of hype. A sudden surge in action on a favorite can dramatically alter the odds, and bettors should always check the current lines before placing a bet.

Another thing to keep in mind is that MMA betting is often influenced by style matches. Just like in boxing, certain stances give an advantage to a fighter over others. This is why it’s important to look at the fighters’ past opponents and their styles, and how they match up with each other.

Some bettors make a mistake by using the record of fighters to predict their victory in an upcoming fight. This is a bad practice that can lead to costly mistakes. For example, a fighter’s wins might have come from a dominant style of fighting, while their losses may have been from a more defensive-minded approach. This can easily confuse bettors, and take attention away from handicapping the fight.

Many MMA bettors are not familiar with the different odds expressions available, so they may miss out on potential profits. The most common odds expressions are American Odds, Fractional Odds and Decimal Odds. These expressions differ from one sportsbook to the next, but bettors can usually find the one that is most convenient for them.

Betting on MMA fights is not a safe or wise investment for anyone who hasn’t learned the necessary skills. This includes having a proper budget, and not betting more than you can afford to lose. It’s also important to avoid betting while under the influence of alcohol or drugs, as this can cause you to make reckless decisions that you’ll regret. A responsible MMA bettor will set a budget and stick to it, regardless of whether they’re winning or losing. This way, they can focus on their studies and training without risking more money than they can afford to lose. This will also help them learn the best methods for preparing for their next fight.