Can a person make enough money betting on MMA to quit their day job? Continue reading to know how much money can be made off of MMA betting.
When we look at MMA betting, the rule doesn’t differentiate between the other types of sports betting or betting in general. When thinking about how much money can be made from betting, it can depend on how much money is placed on the bet.
More money put at risk to be lost means more money to be made if won. With sports betting, there are a lot of other things to consider, though. There are things like the event’s frequency, the opposing teams’ odds, and the event’s magnitude.
The different leagues may also be a factor when determining the amount of money to be won through bets. The UFC can make considerably more money than the Jungle fight or World Series of Fighting (WSOF). More people watch the UFC, so it gets more revenue, and it presents a more attractive platform for advertising.
Can Betting On UFC Events Be Profitable?
There is no certainty that betting on MMA and UFC events can be profitable. When talking about profit in simplest terms, it means generating more money than the initial amount. There isn’t any certainty that every bet that would be placed in UFC betting would result in a win. The bettor would have to get lucky every time, and that is near impossible. Even if some magic formula were discovered to make every bet placed to win, it wouldn’t be a good money maker to live off solely.
The UFC alone holds around 10-15 PPV events per year. The top-ranked fighters would probably fight once a year, maybe twice if they’re feeling well enough to do so. The magnitude of top-ranked championship fights is very scarce. Betting on fight nights and undercard bouts can win some money, yes, but it wouldn’t be wise to quit any day job to focus on this.