If you’re looking for the best UFC odds, it can get overwhelming to have so many sportsbook options available to you for any given fight night. There can be up to 12 fights on a single card, and several different options per fight. Understanding UFC odds will help you make smart betting decisions and ultimately give you an edge when it comes to betting on UFC fights.
With UFC 251 totally wrapped up, we look to the next big event which will be UFC Fight Night 172. Dana White has now announced the full card for the event, which is due to take place on Wednesday, July 15. The UFC Fight Night 172 odds were last updated on July 13, 2020:
|1st Fighter||2nd Fighter|
|Calvin Kattar||-333||+2000 Draw||+250||Dan Ige|
|Tim Elliot||-125||+2000 Draw||+100||Ryan Benoit|
|Cody Stamann||+110||+2000 Draw||-138||Jimmie Rivera|
|Molly McCann||-110||+2000 Draw||-110||Talia Santos|
— UFC (@ufc) July 12, 2020
We will take a look at the odds, a brief guide to UFC betting, and where the best fight odds are located.
Understanding UFC Betting Odds
The first and most important step to becoming a UFC bettor is to understand how the odds work, and how to calculate UFC betting odds.
So many beginner sports bettors ignore calculations and add games to their bet slips, without doing much research or analysis into the odds and betting options. There are a few different formats of UFC betting odds, and we will briefly outline each one, even though American odds are the most popular in the United States.
American UFC Betting Odds
UFC odds are typically presented in American odds in the United States and Canada, though decimal and fractional odds are more predominant in Europe. American odds are usually represented by a positive or negative amount, like -210 or +1500 to denote the probability of winning a fight. The higher the number, the less likely that fighter will win, and the lower the negative number, the more likely that fighter is to win.
In terms of UFC betting, the positive number represents how much you would win on a $100 bet on the fight’s underdog, and the negative number would represent how much you’d have to bet to win $100 if you chose the favored fighter.
When it comes to calculating the probability of winning a fight - there really isn’t a rule for American odds, so it’s easier to convert your odds to decimal.
- For positive odds (underdog UFC odds) let’s say +300: 1 + (odds / 100) = 1+(300/100) = 4.0
- For negative odds (favored fighter’s odds) -300: 1 - (100 / 300) = 1.333
Now that you have your decimal odds, we can help you calculate your winnings and implied probability.
Decimal UFC Betting Odds
As we mentioned, decimal UFC odds are way more common in Europe - and sometimes even in the United States, some sports bettors do prefer them because they’ve been around longer.
Decimal odds are your odds multiplied by your stake, then subtract your stake.
9.0 odds would be calculated as (9.0 * $10) - $10 = $80 in winnings
1.25 would be (1.25 * $10) = $10 = $2.50
To calculate your implied probability of winning, you essentially divide 1/decimal odds which is 1/ 9.0. This will give you an implied probability of 11.11%. Implied probability is an important part of your UFC betting strategy and will help you improve your chances of winning in the long term.
Fractional Betting Odds
How did you do in math as a child? If you were a math whiz in school, you’re well on your way to understanding fractional UFC betting odds. If you see a fractionated number, like 10/1, this means someone has a ten to one chance of winning the match. This way, you can calculate their probability of winning the fight from the fractional odds.
The formula looks like this: B/(A+B) = %
For example, if the MMA betting odds are set for a match and a fighter has 9/1 odds to win, there is a 10% chance they will win the match. 1/(9+1) = .10 (10%)
Or, if a fighter has 1/ 4 odds to win the match, that can be calculated like so - 4/(4+1) = 0.80 (80%) This fighter is usually favored to win.
So, how much will you win on fractional UFC betting odds? It’s pretty simple actually. For every value on the right side of the fraction you wager, you will win the left.
So 9/1 odds - for each $1 wagered, you will win $9.
1/ 4 odds - for each $4 wagered you win $1.
Top Online Sportsbooks for UFC Betting
Now that you have a good grasp of the odds, we can introduce you to a few of our favorite online sportsbooks that we enjoy using for our MMA betting!
Online sportsbooks are a convenient way to bet on UFC fights online and can provide great perks, depending on where you sign up. Sportsbooks haven’t had the best reputation over the past decade or so, as many think they’re sketchy or untrustworthy, but we would only recommend sportsbooks we use ourselves. The sportsbooks we recommend are tried and true, and always have the best odds.
If you want to find the best UFC fight night bonus or want a great loyalty program, we can help you find a sportsbook that meets your needs. Our online sportsbook reviews outline important criteria we personally look for when choosing an online sportsbook.
Sportsbooks that are secure, with a variety of deposit options and payout methods that boast great bonus options are all key criteria we focus on when reviewing a UFC betting site. Also, if you’re planning to do all of your bettings from a mobile phone you could consider a sportsbook with a mobile app for ease of use.
Most professional sports bettors have multiple accounts at a few online sportsbooks to ensure they’re getting the best odds for any given fight card. Signing up at 3 or more online sportsbooks is recommended for sports bettors, regardless of the sport they plan to wager on.
This way, you can line shop, which essentially means you can choose the sportsbook with the best UFC odds, or the sportsbook with a better bonus for the upcoming card. You don’t have to place all of your UFC wagers on one sportsbook - mix it up and check out the odds for each one!
Wherever you choose to bet on The UFC, be responsible and have a little fun with it!