For some people this is common knowledge, but when fights look "too easy" or like a "sure thing", it's tough to remind yourself to stay away from the huge favorite. I always recommend staying away from any favorite that is over -400. When you are betting on favorites that are this big, you're going to need to win 4 out of every 5 bets to be ahead.
With the amount of upsets that happen in big time fights, it is very difficult to keep this winning percentage up over the long haul. This is why I recommend just staying away from large favorites.
2. Look for value in the under card
The main bout of a UFC fight will always get the most attention and the largest betting handle. Because of this, the money line for the bout will usually be right on point and the value of betting on either fighter is very minimal.
In some of the less publicized fights, there is usually a lot of value to be found on both fighters because the general public does not know much about the fighters. If you do some research you will be ahead of the game.
3. Keep your betting amounts similar
Some new bettors have a problem of betting way too much on certain fights. The long term problem with this scheme is that you could be 9-5 on your bets which would normally be a winning record, but you could be losing a lot of money.
Keeping your betting amounts similar is a good way to increase your wins and minimize your losses.
MMA and UFC betting are pretty easy to determine and win money at if you do your research. Research each of the fighters and their styles, and look for strengths, weaknesses and good underdogs and you'll be on your way to winning.