# Betting Terminology

Discussion in 'MMA Betting Discussion' started by EzFlyer, Jun 21, 2016.

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1. ### EzFlyerSenior ModeratorStaff MemberSenior Moderator

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Wager Types:
"straight" = a single wager on a single outcome

"parlay" = a single wager on multiple outcomes (If any lose, the parlay loses).

"round robin" (RR) = selecting three or more outcomes and parlaying each one with the others in the size of the parlays you specify. i.e. if you do a four-team RR and select groupings of "2", there will be 6 individual parlays:
A+B
A+C
A+D
B+C
B+D
C+D

Betting Odds:

American Odds (+/-)

+odds are for the underdog
+xxx = the amount of money you will win if your selection wins on a bet of \$100. (plus your stake back)
i.e. You bet \$100 on a +200 underdog. If it loses, you lose \$100. If it wins, you win \$200 (plus your \$100 back).

-odds are for the favorite
-xxx = the amount of money you must bet in order to win \$100. (plus your stake back)
i.e. You bet \$300 on a -300 underdog. If it loses, you lose \$300. If it wins, you win \$100 (plus your \$300 back)

European Odds (decimal)
Anything under 2.00 = favorite
Anything 2.00 or above = underdog.

Simply multiple your stake by the decimal odds to determine the payout.
i.e. You bet \$100 on a 2.50 underdog. If it loses, you lose \$100. If it wins, you win \$250. (which is really "winning" \$150 plus your \$100 stake returned).

i.e. You bet \$400 on a 1.50 favorite. If it loses, you lose \$400. If it wins, you win \$600. (which is really "winning" \$200 plus your \$400 stake returned)

Specific outcome bets:
Moneyline (ML) = fighter wins the match outright
DEC = fighter wins via decision (judges cards)
KO = fighter wins via knockout
SUB = fighter wins via submission
ITD = fighter wins via ko/dq/sub
NSC = fighter wins with no scorecards (
+3.5 = fighter wins in the distance OR loses within 3.5 points of his opponents totals. i.e. unanimous 29-28 = 3 point total differential
-3.5 = fighter wins in the distance OR wins by greater than 3.5 point differential (see above)
Round-Specific bets = fighter wins in the designated round
Over/Under (O/U) = A wager on the length of the fight. i.e. O2.5 means the fight must go at least 2 minutes and 31 seconds into the 3rd round.