Typically there is a favorite and a money line is created to even out the bets that are placed on each fighter. The figures are different for each and every fight, but typically when you bet on the underdog, say if you bet one dollar, if the underdog wins, you will likely get several dollars for each dollar, due to the fact that you picked the underdog. If you threw your money on the fighter that was favored to win, every dollar you spend will return you less than a dollar, in every single instance. This makes the betting even, to prevent a large amount of people all putting their money on one fighter.
You can understand the money line all you want, but if you want to truly be successful and win your bets while betting on the UFC, you really need to know the fighters and be able to pick apart their strengths and weaknesses, and be able to compare it to their opponent. It is wise to stay informed on what is going on with them in their lives at the time, as well as if they have experienced certain injuries. Anything that will give you a clue or more insight into the condition of the fighters when they are getting close to fighting will give you a better edge. Those that can pick apart the individual situations that the fighters are going through at the time of the fight will have an edge in placing a wager.
Now that you understand the money line and the general knowledge that you need to possess to make good, educated picks, the next thing to do is to find the best sports book to place your bets. These days, the easiest ways to make a bet on the UFC is to do it at one of the many online casinos, although you are going to have to do your research before you pick a site to place your money. Regardless of the site you pick, the best place to make your bets is online.