Vegas Odds Explained Ufc

2 hours ago  UFC Vegas 21 Prop Bets and Predictions: Ryan Spann, Darren Stewart, Eryk Anders and Cortney Casey.These fighters make the best bets shortlist for this Saturday’s UFC Vegas 21. MMA Journalist James Lynch reveals his three favorite props for UFC Vegas 21. Two of James’ three UFC Vegas 21 props are betting on either a fight to go the distance, or a fighter to win by decision. Vegas odds are often referred to as “American Odds” because Americans always have to be different. We ignore the metric system. We call football, soccer. We drive on the wrong side of the road. Why would sports gambling be any different? American odds are presented in the form of a $100 bet. UFC Fight Odds Explained. The most basic betting element of any UFC match comes down to the odds for either fighter to win the contest. This will be a straight moneyline, as no handicapping “point spread” is needed here. You simply pick a winner, risk whatever amount of money you wish, and if your guy (or gal) wins, you’re paid at the. Most sports odds are presented in the same way. The favorite is represented by the minus sign (-), while the underdog is represented by the plus sign (+). You’ll also notice that odds are usually based on bettors wagering $100. When you see +110 or -110, it means that the.

In the world of sports betting the first thing you will need to learn is to read and understand the odds. There are three traditional ways that online sports betting sites display odds. They include American, Decimal, and Fractional.

Regardless of how the odds are displayed, they’ll always mean the same thing. Watching the UFC, the odds format they talk is American Odds or Vegas Odds. Essentially what they are is the percentage of one outcome against another.

You can use our UFC Odds Calculator to work out percentages yourself.

We have a live odds tool on our site that you’ll notice on lots of our pages. We post live odds in American and Decimal format, but we don’t list live odds in the Fractional format.

The reason we don’t list live odds using Fractions on our site is that we don’t want to confuse bettors. Fraction odds are becoming more extinct every year, and many online sportsbooks have stopped posting odds using fractional odds entirely.

Ufc Vegas Odds Mma

The betting odds are one of the most important factors in deciding on whether to bet on a game or not. If you study a UFC fight and determine that Jon Jones has a 60% chance of beating Mauricio Rua, then you’re going to need to find out if the odds are better than that.

Using our 60% example, we need to check to see if the odds are going to allow us to be profitable if Jones does win 60% of the time in this fight. You can use our betting calculator to check what the odds mean in percentage terms.

To break even betting on an outcome that is predicted to hit at a 60% rate you need to be getting odds of -150. If you’re getting better odds, i.e., -150 to a positive number (+100), then it’s a +EV bet to make, and you should place the bet.

We’re going to explain how to read the three different types of betting odds below, so make sure you check out both the American and Decimal formats if you don’t know how to read them yet.

American Betting Odds Explained

• Jon Jones -205 vs. Mauricio Rua +165

American odds are shown using whole numbers above 100, and they can have a positive or negative value. When the odds have a negative value, the odds will be presented with a (-) in front of the number whereas when the odds have a positive value they will have a (+) sign in front of the odds.

To understand how much you can make you need to remember one rule. When the odds are positive (+), the number reflects how much you’ll make on a $100 wager whereas if the odds are negative (-), the number reflects how much you need to bet to win $100 profit.

If you bet on Jones at -205 you need to risk $205 to win $100 profit and if you bet on Rua to win you’d win $165 profit for every $100 you bet.

The fighter with the negative value is ‘usually’ considered the favorite, and if both fighters have a negative value, then the fighter with the higher number is the favorite.

E.g:

• Fighter A: -105
• Fighter B: -109

Fighter B is considered the favorite in this matchup.

It’s rare for two fighters in MMA to both have negative value odds, but it does happen when two extremely evenly matched fighters fight against each other.

Decimal Betting Odds Explained

• Jon Jones 1.49 vs. Mauricio Rua 2.65

Decimal odds are used in most countries outside of North America, so we include decimal odds on our site for punters. Decimal odds are also known as European odds.

To understand decimal odds you always need to remember that your stake and profit are included in the odds. For instance, Jon Jones is favored to win the fight at 1.49 odds. If you bet $100 on Jones at 1.49, you’d win $149 back, which includes your stake and profits.

You’d win your $100 back plus make $49 profit.

If you bet on the underdog Rua in the fight for $100 at odds of 2.65 you’d win back $265, which includes your $100 stake plus $165 in profit.

To find out how much you can win using decimal odds you multiply the odds by how much you want to bet.

Fractional Betting Odds Explained

• Jon Jones 49/100 vs. Mauricio Rua 33/20

We want to say that we believe fractional odds are going to become less used, and therefore we don’t recommend using them unless you’re betting on horses.

If you’re betting on MMA, you should use Decimal odds, as every bookie offers Decimal odds and they’re easy to use when trying to figure out your profit.

If you need to be able to read fraction odds, they’re simple. The 1st number in the fraction is how much you’re paid out based on the 2nd number, which is how much you need to stake.

For instance, if you bet on Jones at 49/100 odds you need to calculate 49/100 x “Wager Amount” to come up with how much you’ll make. If you bet $100 (49/100 x $100 = $49) you’d make $49 plus receive your $100 stake back.

If there’s a sport that’s getting more popular as time goes by, it’s mixed martial arts (MMA). The Ultimate Fighting Championship (UFC) is, by far, the most popular promotion in MMA, both among sports fans and among bettors. If you belong to the latter category, you might be interested in learning more about Vegas odds in UFC.

That’s exactly what we’re going to deal with in this article.

So, what are ‘Vegas’ odds? In a nutshell, those are the odds you will see in Nevada’s land-based sportsbooks, which often differ from those available online.

For Example

Let’s say you go to one of Las Vegas sportsbooks such as Golden Nugget, Wynn, or Caesars, that’s where you’re going to see odds displayed like this:

• Khabib Nurmagomedov (-150)
• Conor McGregor (-110)
• Stipe Miocic (+130)
• Shevchenko vs Maia Over 2.5 Rounds (-110)

You might have come across these sorts of odds, but this doesn’t necessarily mean you know what they mean. The truth is that a large number of bettors have no idea what Vegas odds are, let alone how to use them to calculate their potential winnings. Luckily, we’re here to help you learn everything about Vegas odds in UFC.

How Do UFC Odds Work?

If you see that odds on one fighter are presented as a negative number (e.g., Nurmagomedov -150), it means that they are the favorite. Likewise, if a fighter’s odds come with a positive number (e.g., Miocic +130), it means that the fighter in question is the underdog in that bout. The higher the number, the bigger favorite/underdog the fighter is.

If both fighters are given the same odds (usually -110), it means that they have equal chances of winning. The same applies to all the other markets, like the total number of rounds, method of victory, and so on.

How to Calculate Vegas Odds in UFC?

Now that you know what Vegas odds in UFC mean, the next obvious question is how can you use them to calculate your potential winnings. There are two formulas to use, depending on whether the Vegas odds are displayed as a positive or negative number.

If it’s a positive number, you should go with the following formula:

Vegas Odds/100 x Your Stake

The figure you get from this equation represents your net winning, but you should know that you will get your stake back as well.

If the fighter’s odds are displayed in negative, you should go with this formula:

Your Stake/Vegas Odds x 100

Vegas Odds For Ufc

How Vegas Odds Help You Pick the Fight Winner?

Keep in mind that Vegas odds do not equal true probability. The fact that a fighter is a favorite to win does not necessarily mean he/she is actually better than the opponent. At least, not in every case. Sometimes, Vegas odds are reflective of bettors’ behavior. If they’re wagering a lot of money on one player, the odds are going to change in his favor.

Still, in most cases, Vegas odds are as close as possible to true probability. The thing is that the oddsmakers employed by big-name Las Vegas sportsbooks are really good at their job. The result is that the fighters labeled as favorites by Vegas oddsmakers win the fights most of the time.

Using Vegas Odds to Calculate Fighters’ Chances

You can use Vegas odds to calculate the favorite’s chance of winning the fight. It’s done through this formula:

Percentage = (Vegas Odds / (100 + Vegas Odds)) x 100

Note that in this formula you need to use a positive number, even though the odds on favorites are displayed as negative numbers. This may seem confusing, which is why we’re going to explain it through an example.

Let’s say you wish to see what are the chances of Jon Jones winning his next fight, you need to find the odds Vegas sportsbooks are giving on his win. If the odds are -120, for example, you need to divide 120 by 220 (100+120). The result you get, which in this case is 0.54, you need to multiply by 100 in order to get Jones’ chance represented as a percentage. In this case, his chance of winning would be 54%.

Vegas Odds Explained Ufc Champions

When it comes to calculating the probability that the underdog is going to win the fight, here’s the formula you should use:

Percentage = (100 / (100 + Price)) x 100

Ufc Odds Vegas Insider

In this case, too, you will get the fighter’s chance displayed as a percentage. Apart from using these formulas to calculate chances of fighters winning, you can also use it for other wager types as well. This goes beyond UFC – you can use these formulas to calculate probability in literally any sport.