I have been successfully wagering on MMA events since I was a full-time executive in the biggest offshore gaming company in the industry, encouraging other books to put up lines on MMA events. In those early days, the books took some bad beats for a couple of reasons:
1. There was not enough bettors to easily balance the line, and;
2. Virtually all of the bettors were sharps - fanatic MMA enthusiasts who knew the fighters and knew the game.
Remember, no matter what ANYONE tells you, sportsbooks want to attract an equal amount to each side of a line. Responsible professional sportsbooks do not take a position on an event, they set and adjust the line in an attempt to attract equal action to the favorite and the underdog. Achieving this guarantees them the theoretical hold percentage or profit regardless of the outcome. While perfectly balanced action is never achieved, the line is managed according to this principle.
Loading ...