ABOUT MMA AND UFC BETTING
What is MMA betting?
Since the 90s, MMA - Mixed Martial Arts - has grown strongly and the sport has established itself as a worldwide sport with a wide audience. Like most major sports, there is widespread interest in betting even when it comes to MMA. MMA-betting means, somewhat simplified, that you bet on whom you think will win, or in what way a fight is decided. Betting companies offer different Mma odds depending on the outcome of a fight and these are the odds you bet on. MMA betting is somewhat reminiscent of playing boxing.
In most forms of play, it is a clear advantage to be well-read. MMA-betting does not differ in this respect. The more educated you are about participating fighters, the better the chances of being successful in your game. It is largely about finding matches, or rather fighters, that have game value. This means that the MMA-odds betting company offers is advantageous in relation to how you assess a fighter's chances. To assess game value, access to information about current fighters is needed, as well as knowledge of the sport, etc. With these two, you are well equipped to play on MMA.
BetWeCare provides weekly information on current matches - mainly in the UFC. This means that we produce relevant information about fighters, among other things in the form of game tips and detailed reviews (analyzes) of match cards - ie. the matches that are included in a specific gala. This is in order for our readers to be able to be assisted by this information in their betting.
What is UFC betting?
Within the sport of MMA, there is a wide range of organizations. The largest and foremost of these organizations is the UFC - Ultimate Fighting Championship. For many players, UFC betting is synonymous with betting on MMA. With over 500 contracted fighters and over forty galas a year, the betting range is very good when it comes to UFC betting - or rather; the range of MMA betting on UFC matches. As the UFC is the largest organization, it is also the organization whose fighters have the most information. As stated above, information is important in order to be able to assess how playable a particular fight is.
It is quite possible to bet on matches even in organizations other than the UFC. Gaming companies regularly offer games at organizations such as Bellator, ACB, ONE FC, KSW, SUPERIOR CHALLENGE, INVICTA, CAGE WARRIOR, and others. The range is certainly a bit limited, but it is thus possible to bet on matches in other organizations as well. It may require a little more work to obtain relevant information about lesser-known fighters, but if you have good knowledge of these, often less well-known, there may be game value.
Where can I Play MMA and UFC?
Most gaming companies now offer to bet on MMA. The odds can vary between the different betting companies so it may be worthwhile to compare the offer from different companies. The companies also offer various forms of bonuses to attract new customers and even this can be worth comparing before placing your bets.
To make it easier for our readers, we at BetWeCare have a section where we list the best MMA betting sites based on what bonuses they offer. In this section, you as a reader can find information about the bonuses offered by different gaming companies. You can also read more about what you as a consumer should think about before choosing a gaming company.
Is it safe to bet on MMA?
One question that occasionally arises is whether it is safe to bet on MMA. The answer is that it is as safe as betting on football, or other major sports. Most betting companies that offer to bet on MMA and the UFC also offer to bet on sports such as football. Playing MMA at one of these companies is as safe as playing football at the same company.
Can You Make Money From MMA Betting?
Another common question is whether you can make money by playing MMA, for example by betting on the UFC. The answer is that it is definitely possible to make money on MMA betting. The opportunity to make money on MMA-betting is probably comparable to the opportunity to make money by playing for example football or horses. There are people who, although relatively uncommon, make a living from betting. However, it requires a lot of knowledge about the sport and about betting strategies to be able to support themselves on their gambling.
How do MMA odds work?
There are different types of odds but the three most common are decimal odds, fraction odds, and Moneyline odds. If you bet on the Swedish, or the European, betting market, only decimal odds are used.
decimal Odds
Decimal odds are thus used in Europe and are sometimes called "Continental" or European MMA odds. Decimal odds are very easy to understand, which makes it easier for players. A simple equation can be used to calculate the potential win when decimal odds are used:
Bet x odds = refund (win)
fractional Odds
Fractional odds are a very old way of describing the probability of something happening and the amount that must be wagered to get a certain payout. When betting on MMA odds in the UK and Ireland, only fractional odds are used. Moneyline odds (US odds) are mainly used in the US and are very different compared to decimal odds and fraction odds. For a more detailed overview of how different odds types work, click here.
Do you pay tax on profits?
If you play with a gaming company that is registered in Europe - or more correctly within the EU / EEA - you do not pay tax for any winnings. Most major betting companies are registered in Malta (Unibet, Betfair, Bethard, Mobilebet, Mr. Green, etc.) or in Gibraltar (bet365, Ladbrokes, William Hill, etc.). Both Malta and Gibraltar are part of the EU and therefore all profits from companies registered there are completely tax-free. The vast majority of gaming companies operating in the Swedish gaming market are registered within the EU and profits are tax-free. If you are unsure of where a gaming company is registered, you can go to the company's website. You can usually find the information by scrolling to the bottom of the first page. There you can read where the company is registered.
Winnings that come from gaming companies registered outside the EU / EEA must be taxed if the winnings exceed SEK 100. The profit must be declared as "income from capital" in your income tax return. For example, if you play with an American, or Asian, gaming company, all winnings in excess of USD 100 must be taxed.