Following a hiatus of more than two years from the sport, the UFC’s biggest celebrity Conor McGregor is back in action, trying to recover his lightweight title out of undefeated Khabib Nurmagomedov at UFC 229 in Las Vegas on October 6. The champ, Nurmagomedov, opened as the betting favorite at -160 with the challenger, McGregor, coming back since the +120 underdog.
Both of these warriors have a lot of terrible blood coming from an altercation involving Khabib and Conor’s buddy and teammate Artem Lobov earlier UFC 223 at New York in April. The highly anticipated struggle is official and sportsbooks like BetOnline have been accepting wagers with this forthcoming bout.
To wager McGregor vs Khabib
When it comes to gambling for the first time, the odds you most commonly hear are about the moneyline. While McGregor came back as the +120 underdog the launching moneyline had Khabib since the -160 favored. Basically, moneyline is a fancy term for who is going to win.
However, what can -160 and +120 mean? Well, for the minus-money, you would have to bet that much to earn $100 so in the case of this scrap, you would bet $160 to earn a profit of $100 for a total of $260. Betting on McGregor in +120 means that in case you bet $100, you could profit an additional $120 for a total of 220. On a smaller scale, for each dollar you bet on McGregor, you could gain $1.20, whereas you would have to bet $1.60 to gain $1 if you bet on Khabib.
The cause of this is oddsmakers give the edge to Khabib to win and they would like you to wager more to get a smaller benefit. On the flip side, if you bet on Conor, who oddsmakers believe will lose, you can make more of a gain if he pulls off the upset.
So far this season when it comes to underdogs vs favorites, the underdogs have won 36.1 percent of conflicts, with the largest upset by Paul Craig in +535 (for every dollar you wagered, you would have profited $5.35) over Magomed Akalaev.
With the introduction odds of -160 for Khabib and +120 for Conor, sportsbooks expect a close struggle. For comparison, when Conor fought Floyd Mayweather Jr. in last year’s superfight, the undefeated fighter opened at -800 with the UFC star coming back in +500, which reveals a massive disparity plus a more lopsided view of the bout.
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