You can make money betting on MMA, but you should take a careful approach. Unlike other sports, MMA is a relatively small market and there is less information available to the public. In addition, MMA is a competitive sport and has a wide range of variables to consider. You should research your favorite MMA fighters and find a sportsbook that is trustworthy and offers good odds. You will also want to take advantage of underdog opportunities. This is because your returns are generally higher.

You can bet on the outcome of specific rounds or a fight. This type of betting is similar to the moneyline bets in other sports. In MMA, you can bet on a specific method of victory (submission, inside the distance, or knockout).

Another MMA betting type is a parlay bet. This means that you place a bet on several fight outcomes and if all of them come true, you will get a certain amount of money. Typically, if you choose a fighter as your underdog and he or she loses, you will receive a refund. But if you choose a favorite and he or she wins, you will not receive a refund.

Other MMA bet types are round bets and prop bets. This is a more advanced method of betting and involves placing a wager on a specific round or a particular method of victory. For example, if you think that Nurmagomedov will win in the second round of the upcoming Nurmagomedov-McGregor fight, you can bet $100 on Nurmagomedov. If he wins, you will receive $300. But if he loses, you will only receive $150. You will also be refunded if the fight ends in a draw. This is an especially risky bet, but the rewards are great.

You can also bet on the over/under of the length of the fight. A longer fight will usually result in a higher payoff. This type of bet is useful when you want to put more money on a bet, but are worried that it may be too high. Alternatively, you can bet on a specific number of rounds or the number of punches that a fighter throws.

You can also bet on the color of the shirt that a fighter wears when he walks into the ring. This is called a fight prop. If you think that a fight will end in a draw, you can bet that the color of the fighter’s shirt will be the same color as the other fighter’s.

There are many more MMA bet types. If you are unfamiliar with the intricacies of MMA betting, it is best to join online forums or other websites that provide more information. You can also research fighters and their history before you bet. You can even look into the public’s opinion of a fighter. The more you know about the MMA fight, the more likely you are to be successful. Taking advantage of the underdog is also a great way to make a profit, but be careful when doing so.