Betting lines, unlike parlays, are not you vs. other players, they are you vs. the casino odds maker. (that's me)
Basically what I do is set odds for every main card fight. The odds have one favorite and one underdog.
Betting on the favorite is 'easier' money because there is a greater chance in the odds maker's eyes that that fighter is more likely to win, while the underdog is less likely to win.
The basics of betting lines are this: the favorite is denoted by a negative number and the underdog is denoted by a positive number.
For example:
GSP: -300
Shields: +250
Jose Aldo: -450
Mark Hominick: +325
Jose Aldo/GSP are the favorites in these fights. The larger the number the bigger the underdog/favorite they are.
Thus, Aldo is a bigger favorite than GSP and Hominick is a bigger underdog than Shields.
Now to explain the numbers:
A negative number means if you bet that exact amount and win, you win your money back + 100.
A positive number means if you bet 100, you win your money back + that exact amount.
So lets say you bet 100 dollars on Hominick and Hominick won. You'd win 325 dollars + the original 100 back (425, a profit of +325)
If you bet 450 on Aldo, you'd win your 450 back and another 100 (550, a profit of 100)
You can bet on one fight, or you can bet every fight or any mix but you can only bet on ONE fighter to win a fight.
The only rule is you may not bet on a fight you are participating in.
Basically what I do is set odds for every main card fight. The odds have one favorite and one underdog.
Betting on the favorite is 'easier' money because there is a greater chance in the odds maker's eyes that that fighter is more likely to win, while the underdog is less likely to win.
The basics of betting lines are this: the favorite is denoted by a negative number and the underdog is denoted by a positive number.
For example:
GSP: -300
Shields: +250
Jose Aldo: -450
Mark Hominick: +325
Jose Aldo/GSP are the favorites in these fights. The larger the number the bigger the underdog/favorite they are.
Thus, Aldo is a bigger favorite than GSP and Hominick is a bigger underdog than Shields.
Now to explain the numbers:
A negative number means if you bet that exact amount and win, you win your money back + 100.
A positive number means if you bet 100, you win your money back + that exact amount.
So lets say you bet 100 dollars on Hominick and Hominick won. You'd win 325 dollars + the original 100 back (425, a profit of +325)
If you bet 450 on Aldo, you'd win your 450 back and another 100 (550, a profit of 100)
You can bet on one fight, or you can bet every fight or any mix but you can only bet on ONE fighter to win a fight.
The only rule is you may not bet on a fight you are participating in.