Fun Bets for UFC 247

My Philosophy on Prop Bets

Prop Bets are attractive because the odds tend to be a lot better than just betting on a fighter to win or lose. Unfortunately, they are not a sustainable long term way to make money because the liquidity and max bet limits on them is very low.

The variance on Prop Bets is also extremely high. This means that a very large % of Prop Bets will lose. For this reason I prefer to embrace Prop Bets by only focusing on high risk / high reward bets. This means that I will often recommend locking in crazy bets that may not make that much sense on the surface, but remember that the majority of Prop Bets will lose anyway, so the goal should be to win big when you place them.

I also recommend sticking to level stakes for Prop Bets and avoid using Compound Interest. In order for Compound Interest to be effective, you need to maintain a high win rate and it is almost impossible to maintain a high win rate on Props for any lengthy period of time because there are so many variables in how a fight could play out. For this reason I recommend sticking to level stakes for these Props and keeping things small.

For example… If you want to bet $100 on Props for a card, bet $10 on each Prop and stick to that number. Do not using Compound Interest to grow this amount of money because long losing streaks will wipeout your gains and kill Compounded growth.

I can not stress enough that these are high risk bets with a very low win rate. The vast majority of them will lose. I do not know if they will make a long term profit. Please only tail them for fun.