Well thought out. The betting game seems a lot less like luck when you see somebody that is doing their due diligence. I can appreciate that. Have seen a lot of guys emotionally bet on their favorite team, fighter, etc...great way to lose one's ass. What about online bets for mainstream American sports like NFL, NHL, NBA? Still sites like bovada or are some better for certain sports?
Not sure SOMEPARTS. They usually are all pretty close to the same odds. But you can bet on just about anything. Like what round it will end and if it's a KO or submission, etc. Those are sucker bets IMO.
I'll tell you this, everytime I've bet on a game, be it football or baseball or basketball, I've lost, LOL. There's just too many variables for you to make it worth your time.
But with MMA and it being a one on one sport I think it's a lot easier to make money. Sure anyone can get caught on any night. But those are the out-layers and not the norm.
in the past 2 years I've gone something like 10-2. And one of those fights I'm 100% sure was a fixed fight. Talking about Ken Shamrock and Kimbo Slice. When someone has you in a rear naked choke you don't get out of it. Or at least a non-grappler like Kimbo. But I lost on that one. And it looked fake as hell too.
But more than made up for it on the other 10 fights that I did win. If you really keep up with the sport (I do) I think you can at least break even and better. IN 2 years I've won around $30K and lost $4. Not too bad. And my emotions are not in it at all. Except for when they fight, LOL. I don't bet on a favorite, like you mentioned someone betting their favorite team. You're right on the money on that analogy for sure. Good Luck!
