How to Bet on Combat Sports
Step 1: Choose a sportsbook
The first thing you will need is to create a betting account. You can find a listing of known sportsbook where you can bet on combat sports such as boxing, kick-boxing, and MMA in the Bookmakers section here. We have only chosen to affiliate ourselves with the most trusted sportsbooks. The sportsbooks listed are all part of SBR's recommended list and have good review, and have been approved by the betting community and endorsed by Bet on Combat Founder Franco Richard himself. Some sportsbooks do not allow bettors from selected countries or states, so please read the terms before signing up. Choose a sportsbook with the best lines, as they can all be different. Certain sportsbooks have specific bonuses or comps that fit individual comforts, so choose one that is good for you. Most sportsbooks also have an attached casino or poker room, where you can change the pace a little bit.
We recommend setting up accounts at three different types of sportsbooks:
a) Square books (i.e. Bovada, Sports Interaction, Sportsbook.com) typically offer the best underdog lines.
b) Sharp books (i.e. CRIS, Greek) typically offer the best lines on favorites.
c) Reduced juice books (i.e. 5Dimes, Pinnacle) are great for everyday betting because with -105 juice on most games bettors only need to win at a 51.22% clip to break even.
By having access at three different sportsbooks, bettors will frequently get lines that are at least 0.5-point better than the market average. Simply adding that additional half point can increase your long-term winning percentage by 2%.
Step 2: What is a line?
Moneyline odds are common formats used in North America. A positive number is the amount that would be won from a $100 wager. A negative number is the amount you need to wager (or risk) to win $100. For example, if you wager $100 on +150 odds, you would win $150, plus get your original bet of $100 back. If you wager $150 on -150 odds, you would win $100, plus get your original bet of $150 back.
Fractional Odds are most common in the UK and Ireland. The fraction represents the fraction of the wager that would be profited on a winning stake. For example, a bet of $10 on 1/2 odds would profit $5 on a win, and a bet of $10 would profit $20 on 2/1 odds.
For example odds of Rashad Evans beating Shogun Rua are 4/1 ("four to one"). This would imply that a bettor making a bet of $100 would profit $400 should they win. The total payout would be $500 ($400 profit + $100 original stake). If it were the opposite at 1/4 ("one to four") then the bettor would profit $25 on a $100 stake. Odds of 1/1 are even money.
Decimal-style odds are common in Continental Europe. The odd is quoted as a positive number greater than 1, typically with 2 or more decimal places. The number represents the multiple of the original bet returned on a winning wager (including the initial bet). For example, if $1 is bet on 1.50 odds, a winner would receive $1.50.
With decimal odds, the figure that is listed is the winning amount that would be paid out to the bettor. For example the 4/1 fractional odds discussed above would be listed as 5, while the 1/4 odds would be listed as 1.25. Even money would be 2. Decimal odds are usually used when performing parlay bets.
Again, if the concept is still too confusing remember to check out the Bet Calculator right here.
Step 3: Choose the Winner!
Now that you know where to bet, and how to bet, who do you bet on? Nobody is a fortune teller, but here are some helpful tips that can help you pick the wisest choice:
- Do your research
- Bet on fighters who stick to game plans
- Don't bet on unproven fighters
- Don't fall for the hype
- This is not the lottery
- A win or lose get over it
- Lookout a whale! (The Heavy Underdog)
- Don't bet against your favorite fighter
- No bet is a sure thing
- Bet within your limits
Prop betting has grown in popularity because it is a fun and profitable way to bet on combat sports. Proposition betting, or “prop betting”, is a bet the exact outcome of a fight. For example, picking Georges St-Pierre to win by knockout would be an example of a prop bet.
Types of Prop bets:
Method of Victory – This is a bet on the method of victory for a particular fighter, either KO/TKO, Submission, or Decision . For example, you could bet Anderson Silva to win by KO/TKO over Stephan Bonnar.
Fight to Go the Distance – This is the simplest of prop bets. You bet whether the fight will last the distance or not.
Round Betting – There are two different types of round betting props. First, you can choose which round the fight will end. Or, you can pick which fighter will win and in which round. For example you could bet Jon Jones to win in round 2.
Total Round – In combat sports, the sportsbook sets a total (usually 1.5 rounds, 2.5 rounds) and you get to bet whether the fight will be finished before that time or after that time. So if you bet the Rousey vs. Tate fight to go UNDER 1.5 rounds and Ronda arm-bars here in the first round, then you win the bet. If Tate lasts beyond 1.5 rounds, you would lose the bet.
FOTN Prop Betting – This is prop betting centered around the “Fight Night Bonuses” awarded by the UFC for Knockout of the Night (KOTN), Submission of the night (SOTN), and Fight of the Night (FOTN).
Points Handicap – This prop allows you to bet a certain fighter using the judges scoring of rounds as a handicap. For example, you could bet Jose Aldo -3.5. This would mean that when the judges scores are combined Aldo would need to win by 4 or more rounds for your bet to cash.
Parlays are when you put multiple picks on the same bet, with all of them needing to win in order for the bet to cash. It’s a way to make a lot of money, with parlays potentially returning a hefty profit. The downside is that you have to be perfect. If you put, for example, 5 different picks on your parlay, hitting 4 of 5 is the same as hitting 0 of 5. Let’s look at a few examples:
Georges St. Pierre -270 vs. Carlos Condit
Alistair Overeem -255 vs. Travis Browne
In this parlay, the bettor put two favorites on a parlay. A $100 parlay on this wager would pay only $91 and change. A lot of people like to make these kinds of parlays, partly to avoid having to bet extravagant amounts on favorites in straight bets.
Quinton Jackson (+500) vs Glover Teixeira
Mauricio Rua (+360) vs. Lyoto Machida
Another popular parlay is of the underdog variety. A $100 parlay on these two fighters would pay a robust $2660. These examples are just two-teamers, but you can bet as many fighters as you like, depending on the sportsbook.
Remember, It's much easier to correctly predict the outcome of a single fight than it is to predict the outcome of three at the same time. So go easy on parlay.
A futures bet is a wager placed on an event that will occur in the future. Many bettors get a lot of entertainment value out of it, as a futures bet can remain active for months. Another reason this type of wager is so popular is because of the potential return. As far as getting the most bang out of your wagering dollar, it doesn’t get much better than that. Before the year begins, even the biggest favorites to win the Championship belt will still give you the chance to see a sizable return on your investment. Making successful predictions months in advance is no easy task, and bettors are rewarded accordingly. The cool thing about futures bets is that it allows us to capitalize on any long-range vision we may have. Rather than betting on a tiny slice of the equation like when you bet on a single fight, futures allow you bet on the big picture. Sometimes, that better suits some of our predictive abilities.
Much like proposition (prop) bets for any particular contest, you can place several futures bets on potential outcomes, from who will win the Championship belt to who will win the fight of the year award. Those events include which fighters will win the championship belt during the year, who would be their next opponent. You can bet on how well a fighter will do, by betting whether they’ll win a certain number of fights or not (over or under). You can also bet on fighter performance. These wagers are often the first lines posted at the beginning of the year, giving bettors ample time to jump on a fighter’s bandwagon and root for him/her to go all the way.
With the explosion of futures bets in the last decade or so, the list of futures bets grows seemingly every year. Futures Odds can be found at nearly any reputable sportsbook, but some have a limited selection of wagers they will actually take.
Keep Records Of Your Betting
If you want to be successful long term, you need to keep records of your betting. At the very least this should involve a spreadsheet tracking each of your bets, the stake, the odds, the result as well as any comments you want to add concerning that particular bet. Without a detailed record of your bets, your betting will only become less disciplined and more random. Keeping records doesn't just assist you in keeping track of your betting profit and loss across each of your betting accounts, but the simple and regular practise of entering each bet and each result will enhance your betting discipline.
The aforementioned tips are, in our view, THE MOST IMPORTANT: they seem to be small in detail but they make a big difference. If you read this Betting Guide all the way to here, you’re most likely a serious and focused person. You share these traits with most successful combat sports bettors. Which means you have the potential to become one of them. Now that you have some basic betting strategy knowledge, why not try Bet on Combat Consulting Service today for just $49.
As a subscriber, you’re going to get a behind-the-scenes look at how (and why) our proven betting process works, consistently. We're also going to send you:
1) A watch list of fights that we're keeping a eye on. This way, you’ll know where you’re supposed to pay close attention.
2) You’ll get free bet alerts showing you where we're currently putting our money - and explaining why we're making these specific bets.
3) You’ll also have exclusive access to full video lessons designed to answer all of your questions about our betting process. Plus, you’ll gain insights from each bet we make.
Good Luck and have fund with your combat sports betting and check our sportsbook review page for the best places to wager online.
Got questions? Drop us a line at firstname.lastname@example.org and we'll try to help! Enjoy!
*The information on this site is for entertainment and educational purposes only. Use of this information in violation of any federal, state, or local laws is prohibited.
How to Manage your Combat Sports Betting Bankroll
“He who masters his bankroll is on the true path to wealth.” - Franco Richard
In the world of finance, many professionals use the phrase risk management and money management interchangeably. What are we trying to do when we focus on money management? Simply, we're trying to manage our money to minimize the chances for loss and, more specifically, minimize our risk of going broke. Money management is the key to success with any kind of investing.
Employing a good, consistent combat sports betting bankroll management system will reduce the chances of extreme losses and help turn a hobby into an investment. If you don't properly manage your bankroll, you might not be able to take that next step to becoming a successful combat sports investor.
The two key aspects of any successful combat sports bettor are: firstly the ability to find and extract 'value', and secondly controlled bankroll management. Without these two areas covered, you will continue to lose money.
Guidelines are set on a scale based on a “Bankroll” of your choosing or the amount you are comfortable with investing. Next to every prediction will be a percentage point (i.e.: 1%, 3%, 5%). We use 3 standard bet sizes for our predictions and each bet size represents our confidence level in a bet. Here are the three different kinds of bet that we place:
- 1% of bankroll – Confident.
- 5% of bankroll – Very confident.
- 10% of bankroll – Super confident.
It is important to follow the guidelines and percentages exactly how we have them displayed because it ultimately effects the outcome of profitability. The percentage is how much you should wager based on your particular Bankroll. For example, if you have $100 to wager and we make a prediction set at 3%, then you will want to invest $3 on that particular prediction.
The right way to invest on combat sports is start with an amount you're comfortable with and use it as your capital investment then utilise a staking plan.
Read More About Combat Sports Betting Bankroll Management
Betting Unit Size - Learn what percentage of your sports betting bankroll you should risk for every wager in order to maximize value and reduce your risk of going broke.
Combat Sports Betting Style - Should you alter the size of your wagers depending on your past wins and losses?
You should think about the type of investor that you are. Are you aggressive or conservative? Are you experienced or a novice? The answers to these questions will help you to determine the size of your typical bet. This is called your betting unit size.
We typically recommend that a combat sports investor bet 1%-5% of their bankroll on each bet. Conservative combat sports investors (or beginners) should bet 1%-2% on a play. Note that professional’s betting unit sizes are normally in the 1% range.
Aggressive combat sports investors might want to bet 3% on a play. Two-percent is a good medium and it allows you to withstand a losing streak while helping to build up your combat sports investing bankroll. Very aggressive investors might bet 5% or 10% of their bankroll per wager, but this is too risky for most investors.
Why not 5% or 10%?
If you bet amounts that are too large, a bad streak could cut your bankroll in half (or worse). You then might feel like you need to reduce your betting unit size just before the inevitable hot streak. Smaller bet sizes are more prudent and allow you to stick to your approach and stay disciplined.
True Bankroll and Risk Capital
Whenever we talk about percentages of bankroll, most casual bettors feel that they are on the high end of the ranges we discuss. This might seem true, but only because the true bankroll for most casual bettors is higher than what they have in their accounts.
For example, many bettors might have $X in their accounts, but are willing to add another $Y if they draw down their account. Professionals already know their full bankroll and need to preserve their capital versus risk of ruin.
Investors, and in this case sports investors, need to understand the level of their true bankroll or risk capital allocated to combat sports betting. Once investors take a serious look at their finances, they might better understand the true level or amount they allocate to sports investing.
This can help explain that 1%-2% of their bankroll is a realistic betting unit size.
Combat Sports Betting Style
We believe that flat betting is the way to go. That is, bet the same amount for each play. Chasing, or increasing bet size based on your last bet (or series of bets), is not recommended.
Over time, you may hear about various systems where you increase your bet size “knowing” that you are due to win sooner or later. In general, these systems don’t work. Eventually, a bad streak occurs and you are betting a recklessly large amount to recoup losses.
In general, many of these approaches might seem to improve short-term performance, but at the huge expense of increasing your risk of ruin. A bad stretch could endanger your bankroll fairly quickly.
Professional money managers, as well as sensible sports investors, will agree that you should minimize the chances of blowing out your investment portfolio. Flat betting will help you ride the ups and downs of sports investing.
In essence, good bankroll management is a lot like fighting good defense. It allows you to stay in the fight during tough times so that good handicapping strategies (your offense) can put you ahead in the long run.
The approaches and results of Martingale Systems often seem easy to most people. Everyone wants to find a “system” that works and makes some money. After all, without a good betting system, we won’t make any money, right? These systems often rely on human nature and the over-confidence of most gamblers by increasing bet size during a losing streak. The Ronda Rousey can’t lose, right? We have an edge, so we shouldn’t lose too many in a row, right? The gambler thinks, “let’s double our bet and make some money back.” Unfortunately, in the vast majority of cases, the probability of winning the next play is independent of the past (as in the famous quote: “luck has no memory.”) The gambler is merely increasing his bet size, with no increase in expected value or profit. The gambler is therefore increasing his “risk of ruin.” There are many variations of Martingale systems, but let’s first take a look at the classic Martingale system.
Classic Martingale System – Double Your Bet Until You Win
The classic example of a Martingale series of bets is to repeatedly double your bet until you win. If you win your first bet, you are up +1 unit and start a “new series” (that is, you start all over again, by betting one unit). If you lose, you are down -1 unit and then bet 2 units. If you win this bet, you win 2 units, winning the first bet back and winning a net of + 1 unit for this series. If you lose, you have now lost -3 units for this series and bet 4 units the next bet. If you win the next bet of 4 units, you again win +1 unit for this series of bets.
This process of doubling “losing bets” continues, so it seems like you should be guaranteed to win +1 unit for every series of bets. The chart below might make it easier to see what is going on. For ease of computation, we assume no vig throughout this article.
Chart 1: Classic Martingale System of Doubling Bet Size until you Win
|Example 1: Win on 1st bet||Win bet of +1 unit||Total for Series = +1 unit||Start New Series of Bets|
|Example 2: Win on 2nd bet||-1 for first bet loss||Double bet to 2 units|
|Win 2nd bet of +2 units||Total for Series = -1 + 2 = +1 unit||Start New Series|
|Example 3: Winner on 3rd bet||-1 for 1st bet loss||Double bet to 2 units|
|-2 for 2nd bet loss||Total for Series = -1 -2 = -3 units||Double bet to 4 units|
|Win 3rd bet of +4 units||Total for Series = -3 +4 = +1 unit||Start New Series|
|Example 4: Winner on 4th bet||-1 for 1st bet loss||Double bet to 2 units|
|-2 for 2nd bet loss||Total for Series = -1 -2 = -3 units||Double bet to 4 units|
|-4 for 3rd bet loss||Total for Series = -3 -4 = -7 units||Double bet to 8 units|
|Win 4th bet of +8 units||Total for Series = -7 +8 = +1 unit||Start New Series|
The allure of this system is that every series should net you + 1 unit, as we highlighted in yellow. This seems like a “no-lose” situation IF you have an unlimited bankroll and no limits on the size of bets that you can make. However, those are HUGE “IFs”. In reality, however, nobody has an unlimited bankroll. In addition, most casinos and sportsbooks have limits on the size of bets they will take.
The biggest negative of Martingale Systems is the size of bets can build up rather quickly. Even three losses in a row would mean you have to bet 8 units! Many of us have seen losing streaks of eight games or more. At that point, the classic Martingale System would have you betting 256 units! Imagine having to bet $25,600 to win your unit size of $100!!? Not something to write home about! And probably not something the casinos and sportsbooks would even allow, based on maximum bet sizes.
Here’s another example of how a bad stretch threatens the bankroll of the “Martingale series bettor.” The aggressive bettor with a bankroll of $1,000 might bet $50 per fight. If he follows a Martingale type of approach and loses five bets in a row, he will be betting $1,600 just to win his $50 unit size! And, he only had a bankroll of $1,000!
An Analytical Look at “Shortened” Martingale Systems
To get around the high “risk of ruin” using classic Martingale Systems, some gamblers use various methods of Martingale systems that stop (and reset the bet size to one unit) after a few losses. These “shortened” Martingale Systems remove the possibility of making a huge bet to make a “series of bets” profitable. As a result, some “series” will result in a loss. However, some handicappers use these “shortened” Martingale Systems to produce a “sleight of hand”, which boosts the winning percentage they are able to publish and promote. The problem is that the bottom line of their customers is not improved by this trickery.
How does it work? Instead of counting each fight in their published win-loss record, the scamdicapper will count each series as a win or loss. If they limit each series to just two bets max, they are willing to double the size just one time. Let’s see what the “decision tree” and results look like. We’ll assume that the handicapper has a 50% chance of winning any individual bet.
Chart 2: Shortened Martingale System and Tweaking Winning Percentage
|Result 1: Win on 1st bet||Win bet of +1 unit||Total for Series = +1 unit||50%|
|Result 2: Lose 1st bet, Win 2nd bet||-1 for first bet loss||Double bet to 2 units|
|Win 2nd bet of +2 units||Total for Series = -1 + 2 = +1 unit||25%|
|Result 3: Lose 1st bet, Lose 2nd bet||-1 for first bet loss||Double bet to 2 units|
|Lose 2nd bet of -2 units||Total for Series = -1 – 2 = -3 unit||25%|
In our example, the first two results show a profit of +1 unit for each of the winning series. This happens 75% of the time, so that the scamdicapper can report a success rate of 75%! However, Result 3 has a probability of occurring 25% of the time, and in this case the gambler loses two bets in a row for a net loss of -3 units. The total net expected value from this mathematical exercise is zero (0)! Please note that we use no vig in this example.
(75%) x (+1 unit) – (25%) x (-3 units) = 0 expected profit.
Thus, through the use of some mathematical trickery, the scamdicapper is able to publish a winning percentage of 75%, EVEN THOUGH there is no built-in benefit of using this kind of approach! We have seen some people in the sports betting industry use longer Martingale series so that they claim even higher winning percentages. Their customers can actually win a decent percentage of their “series of bets”, but then suddenly lose a series where the total loss wipes out their gains in the other series. As the old saying goes, “If it seems too good to be true, it probably is…”
We hope that we have shed some light on some of the methods that scamdicappers use to boast and boost their winning percentages. In the end it comes down to how much actual profit you can make. Indeed, more than a decade of results and hundreds of fights have shown that Bet on Combat’s investing methods have worked historically.
Ready to get going with your new found combat sports betting money management skills?
What is ROI
ROI stands for Return on Investment, this is critical to combat sports bettors for achieving long term success. There are different ways to measure success as a combat sports bettor ie. Winning percentage and Units won are most common. However, the one that matters the most is how much gain have you had with your initial deposit. We at Bet on Combat believe that combat sports betting is an investment, it is also a grind and showing you our ROI each day shows you and us that it’s not about who has the highest winning % or units won at the end of the day it’s about who can sustain a constant profit long term. Combat sports betting is not a sprint it’s a marathon, it’s not a get rich quick scheme it’s about turning a steady profit over time.
To calculate long term ROI – ( Profit / How much Invested ) *100 = ROI %
There are different ways to measure success as a combat sports bettor ie. Winning percentage and Units won are most common. The most important when betting money line combat sports is how much gain you have with your initial deposit. This is the best way to determine your overall betting efficiency. If you can gain small profits with less risk i.e. underdogs then it speaks wonders on how handicappers perform long term. Keeping an updated ROI each month will show you how far your dollar goes long term. It also practices smart bankroll management.
The winning required percentage to break even is 52.38% with average -110 juice. 60% is what handicappers try to attain each month in sports were percentage does matter. There is far more risk long term betting over -150 money line favorites. If bettors are betting over -150 money line favorites day in and day out, successful bettors know that is a losing strategy. You want to get the most out of any wager you make and long term betting huge favorites will end up poorly.
Here’s a chart to understand what we're talking about:
We noticed you’ve been spending some time at the Bet on Combat Betting Academy lately, and you seem a lot smarter than you were before, so we’d like to remind you to try Bet on Combat Consulting Service today for just $99. Put your now-superior combat sports betting skills to work winning some cold hard cash.
Here are some gambling terms and sport betting definitions that apply to betting on combat sports.
- Action: A sports betting wager of any kind, a bet.
- Angles: Using key factors from previous events to predict the results for future outcomes.
- Bet: To risk money on the outcome of an event.
- Book: An establishment that accepts bets on the outcome of sporting events.
- Bookie: A person who accepts bets.
- Bookmaker: see Bookie.
- Bettor: A person who place a bets based on particular information, or feeling, on sporting or other events in the hope of gaining financial profit.
- Beard: an acquaintance of a gambler who bets a lot of money and wants to remain anonymous. The “beard” will place the bet for him.
- Bankroll: Total amount of money a gambler has to bet with.
- Buck: A slang term for a $100 wager.
- Chalk: The favorite in a fight who has better odds at winning the fight.
- Chalk Player: Someone who usually only plays the favored fighter, rarely betting on the underdogs.
- Cashing out: This is when you remove money from a sportbook, usually via check or bank transfer. Always ask your sportbook what kind of fees they have for cashing out, as some charge much more than others.
- Chief Investment Officer: The chief investment officer (CIO) is a job 1tle for the board level head of investments within Bet on Combat Investment Fund. The CIO's purpose is to understand, manage, and monitor the overall fund's porMolio of assets, devise strategies for growth, act as the liaison with investors, and recognize and avoid serious risks, including those never before encountered.
- Combat Sports Fund Manager: A combat sports fund manager is the individual who oversees and makes decisions about the investments in combat sports fund. He is responsible for the investment decisions and the opera1ons of the fund and must report to the Chief Investment Officer.
- Combat Sports Investment Fund: A combat sports investment fund is an investment vehicle that pools capital from a number of investors and invests exclusively on combat sports events. Individuals wishing to invest in the Bet on Combat Investment Fund must meet income and net worth requirements.
- Conservative: Conservative bets are bets that are almost fail-proof. Also called solid bets. Conservative bettors are people who make conservative bets almost exclusively, and have a small but steady profit margin when betting.
- Data Mining: Searching through a large volume of statistics to find profitable situations to bet on in the future.
- Dime: $1000 sports betting wager.
- Dime: A line where the juice is 10 percent.
- Dog: This is a short form for the underdog. The fighter perceived to be most likely to lose.
- Dog Player: Someone who mostly plays the underdog.
- Dollar: $100, in sports wagering.
- Double Action: An “if bet” in sports betting that is processed if the precedent bet wins, ties or cancels.
- Double Bet: A wager for twice the size of one’s usual wager; also known as ‘Double Pop’ or ‘Doubling Up’.
- Edge: A persons advantage when it comes to sports betting.
- Edge Fund: A
- Even Money: The acronym for this is EVN. The bet whose odds are 1/1; a wager in which no vigorish or juice is laid.
- Exotic: Any wager other than a straight bet or parlay – also called a ‘Prop’ or ‘Proposition’.
- Exposure: The maximum amount of money a sports book stands to lose on a game.
- Favorite: The fighter expected to win. The quoted odds reflect the extent to which the choice is favored.
- Fifty Cents: A slang term for a $50 bet.
- Flier: A bet on someone you think is more likely to lose than to win. This is done when a favorite is heavily overvalued, making a long shot bet on the underdog a potentially lucrative wager.
- Gamble: To risk money on the outcome of an event.
- Getting Down: Sports wagering meaning making a bet.
- House: The casino, sports book, or bookmaker.
- Half a Dollar: A slang term for a $50.00 bet.
- Handicapper: One who studies, rates and wagers on sporting events.
- Handicapping: The attempt to predict the outcome of events.
- Handle: The total amount of bets taken.
- Hedging: Placing wagers on the opposite fighter in order to cut losses or guarantee a minimum amount of winnings.
- Hot fight: A fight which is drawing a lot of action on one side by knowledgeable handicappers.
- Holding your own: Neither winning nor losing, just breaking even.
- IBF: International Boxing Federation.
- ‘If’ bet: A wager that links together two straight bets, where progressing to the second bet is dependent on the first bet winning. If the first bet wins, the second bet is placed; if the first bet loses, however, the second bet isn’t placed.
- Juice: The bookmaker’s commission, also known as “Vigorish.”
- Laying the Price: Betting the favorite by laying money odds.
- Layoff: Money bet by a house with another bookmaker to reduce its liability.
- Limit: The maximum amount of money a bookmaker will allow you to place on the fight.
- Line: Another word for odds.
- Linesmaker: The person who establishes the original and subsequent betting lines.
- Lock: A term used to describe a fight where the favorite can’t possibly lose. This is a term that serious bettors seldom use, as no fight at the mid to upper professional level will be a lock.
- Line shopping: People with multiple sportbook accounts will place bets on the one with the best odds for certain fights. Odds can vary wildly depending on when they’re released and how much money is being wagered.
- Loose: Loose bets are bets that may or may not go through, but the pay out warrants a wager. A loose bettor will often make many bets per event, in the hopes that the pay out of successful bets outweighs the loss from others. These bettors tend to have wild swings in their bankroll, anywhere from crushing losses to ridiculous profits. Loose bettors are also called value bettors.
- Loose odds: Loose odds are when a line is farther apart than makes sense, with one being overvalued. This leads to better pay out on underdogs.
- Longshot: This is a fighter perceived to be unlikely to win.
- Money Line: Odds expressed in terms of money. So a moneyline of -145 means that for every $1.45 you bet, you would win $1.
- Middle: To win both sides of the same contest in sports betting event. Wagering on the underdog at one line and the favorite at a different odd and winning both sides.
- MMA: Mixed Martial Arts.
- Nickel: $500.00, in on a sports gambling wager.
- Nickel Line: A sports wagering line where the juice is 5%.
- No Action: A wager in which no money is lost nor won.
- Odds: Value express in number specified by the bookmaker which reflects what they think are the odds of a fighter winning.
- Oddsmaker: Same as linesmaker.
- Off the Board: A fight on which the bookmaker is not offering odds.
- Opening Line: The earliest line posted for a particular event.
- One dollar: A slang term for a $100.00 bet.
- Outlaw line: Term for the earliest line in sports betting. This is an overnight line which only a handful of bettors are allowed to bet into.
- Over: A wager in which a bettor predict that the fight will be above a specified total round.
- Overvalued: This is when the favorite’s moneyline comes out to a higher percentage than what you feel they should be. This is a situation where you wouldn’t bet on that fighter, as the risk/pay out isn’t right for a bet.
- Overlay: When the odds of a given wager favor the bettor rather than the house.
- Player: Same as bettor.
- Parlay: A bet with two or more fighters in which all fighters must win or cover for the bettor to win and receive higher payouts.
- Pick'em fight: A fight when neither fighter is favored.
- Power Ratings: The strength of a fighter in comparison to another fighter.
- Press: To wager a larger amount than usual.
- Price: Sports betting term for the odds or point spread.
- Proposition Bet: A specific wager predicting the exact outcome. For example hen you bet on a particular round when the fighter will end the fight. If you choose the round correctly, you get paid more than a normal bet.
- Puppy: The underdog.
- Push: When a fight ends with no winner or loser for wagering purposes. It’s market as a draw.
- Pay out: The amount of profit you make on a bet. Any time you win a bet, you have your initial bet returned to you, plus your pay out.
- Postponed: An event that has been canceled and rescheduled for a later date.
- ROI (return on investment): the true measuring stick of a bettor's success.
- Return: The total amount you are paid on a winning bet.
- Run Down: This is all the lines for an specific date, sport, time, etc.
- Runner: One who places bets for another when it comes to sports betting.
- Round robin: A series of three or more teams in two-team parlays.
- Scout: Person who waits for what he thinks is an unusually strong wager.
- Sharp: A sharp is a sophisticated or professional gambler.
- Single Action: See straight bet.
- Stake: The amount of the bet.
- Sportsbook: A company or website that accepts bets.
- Square: A novice when it comes to sports betting.
- Sides: The names of the two teams playing - the underdog and the favorite.
- Store: A bookie or sports betting establishment.
- Straight Bet: A wager on the outcome of a single fight.
- Systems: Using trends for the past that you are consistent with to predict future outcomes.
- Square: A novice when it comes to sports betting.
- Steam: When a line starts to move rapidly. Most “steam fights" do not necessarily reflect objective circumstances, but are fights that a mass a of bettors are drawn to for some reason.
- Smart money: Sides that are bet on by more sharp handicappers.
- Ticket: A sports betting wager.
- Tout: Someone who sells their expertise on sports wagering.
- Trends: Using the past to predict the future focusing in on only one fighter.
- Totals Bets: A proposition bet in which the bettor speculate that the total round will last more or less than the round posted by the sportsbook.
- Taking the price: Betting the underdog and accepting money odds.
- Teaser: A bet on two or more fighters where the line on each fighter is adjusted in the favor of the bettor. Like a parlay, all selections must be correct for the teaser to win.
- Tight odds: Tight odds are when a line is very close together, often with both fighters having a negative number. Generally you want to avoid betting on tight fights, as the risk/pay out will be out of your range. The opposite of this would be loose odds.
- UFC: Ultimate Fighting Championship
- Under: An under is a wager in which the bettor guesses that the total round will be inferior to the round indicated.
- Underdog: The fighter perceived to be most likely to lose. Also known as the ‘Dog’ in sports betting terminology.
- Undervalued: This is when the favorite’s moneyline comes out to a lower percentage than what you feel they should be. This is a situation where you’d want to bet on that fighter, as the risk/pay out makes it a valuable bet.
- Unit(s): A unit of measure to describe 2% of your bankroll. This is often represented as a number followed by a lower case “u” such as 4u. This allows bettors to recommend wagers or discuss their bets without saying how much money is actually involved.
- Value: In sports betting value means getting the best odds on a wagering proposition; the highest possible edge.
- Vigorish: The bookmaker’s commission on a losing bet; also known as “juice”.
- Wager: To risk money on the outcome of an event, to bet.
- Wise Guy: Also known as a sharp, a wise guy is a well-informed or knowledgeable handicapper or bettor.
- WBA: World Boxing Association.
- WBC: World Boxing Council.
- Wood: The price of a heavy favorite. For example, if you bet Georges St-Pierre as a -240 favorite, you “lay the wood” with GSP.
Combat Sports Betting Mentoring Program
Learn From The Bettor Who
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Combat Sports Investor?
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Take the Risk is OR Lose the Chance
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PS: Don't forget to check out our free Betting Guide, it will teach you everything you need to know about betting combat sports.