|11-10-2006, 09:42 PM||#1|
Join Date: Mar 2005
Rep Power: 21
MMA Betting 101 brought to you by NickCR
Here's A Quick Look At How MMA Odds Work:
The above odds are based on what is known as "A money line"
Money line - odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered.
Money line betting is simply wagering on the contest based on a given price. In MMA this means the fighter wagered on has to win the fight outright.
* The minus sign (e.g .-130) always indicates the favorite and the amount you must bet to win $100.
* The plus sign (e.g.+110) always indicates the underdog and the amount you win for every $100 bet (you may wager more or less).
* Using this example, therefore, you would bet $130 to win $100 on the favorite, while for the underdog you would bet $100 to win $110.
In the context of the MMA event odds above:
TUF 4 Finale:
Chris Lytle -145
Matt Serra +125
CHRIS LYTLE is currently @ -145 this means you have to bet $145 to win $100. If you win, the original risk of $145 & also the $100 you won gets added to your account. For a total return of $245.
MATT SERRA is currently @ +125 this means you have to bet $100 to win $125. If you win, the original risk of $100 & also the $125 you won gets added to your account. For a total return of $225.
If the fight ends in a draw, no contest or it simply does not happen, you will get your money back.
FOR ALL THE LATEST FIGHT ODDS & MORE VISIT: www.BetOnFighting.Com
|07-29-2007, 06:41 AM||#2|
Join Date: Mar 2005
Rep Power: 23
I thought this was a good of a place as any to post this. A page that shows lines from a bunch of sites. Not trying to cramp Nick's style or nothing... he's my man. Just found this interesting and thought it was worth sharing. And BOF is included on here w/ a link BTW. I'm not sure yet how often it's updated but right now it looks pretty good.