MMA betting is becoming more popular than ever as more people are watching and wagering on these exciting fights. There are a variety of ways to bet on MMA events and the best way is to find an online sportsbook that offers competitive odds, good customer service and plenty of promotions.

The most common MMA betting bet is the money line, which is a single bet on a particular fighter to win a match. Other types of bets include over/under and method of victory bets, as well as parlays (accumulators). You can also place prop bets on individual fights, which are based on factors such as fighting styles, team dynamics, and past performance.

In-play MMA betting is the most fun and rewarding way to bet on a fight. The odds are constantly shifting and reflect the action as it happens. The best time to bet on a fight is after the bell rings, when the odds are usually higher for underdogs. This is because the oddsmakers know that bettors are more likely to bet on the underdog after the bell rings.

A good MMA sportsbook will offer bettors a first bet match bonus and recurrent promotions. The main things to look for in a first bet bonus are the match rate, maximum bonus amount, and whether the bonus can be withdrawn immediately. High-quality MMA betting sites will also offer a wide range of recurrent promotions, such as bet and get promos, enhanced MMA parlay payouts, and insurance.

UFC is the dominant league in the sport, but there are other promotions that offer a great alternative to the Octagon. These include Legacy Fighting Alliance and Bellator, both of which have a numbered PPV event schedule that features big-name fighters. In addition to these two, there is also the newer, more regionally oriented ONE Championships.

The best way to bet on MMA is at a quality sportsbook that offers UFC fights and has a mobile app for placing bets. Most major sportsbooks will have a large selection of UFC betting options, and many offer live streaming of the events. Some even have a separate page for the UFC, where bettors can make bets on each individual fight.

MMA betting odds are calculated using a complex mathematical formula, which factors in the number of fighters competing, their weight classes, and other variables. These odds are then converted into a percentage that represents the probability of winning a specific bet. To make the most of your MMA betting experience, be sure to research the rules and history of the league you are betting on as well as the individual fighters’ fighting styles, skills, and record.

When betting on MMA, it’s important to remember that upsets aren’t just possible – they’re very common. Some of the biggest upsets in UFC history have been achieved by fighters with little or no name recognition, such as Matt Serra beating Georges St-Pierre at the Ultimate Fighter 4 Finale in 2007. Be careful to avoid betting large amounts on heavy favorites and instead hunt down odds above 40% for your bets.