Following a hiatus of more than two years in the sport, the UFC’s largest star Conor McGregor is back in action, trying to reclaim his lightweight title out of undefeated Khabib Nurmagomedov in UFC 229 in Las Vegas on October 6. The champ, Nurmagomedov, opened as the betting favorite at -160 together with the challenger, McGregor, coming back as the +120 underdog.
These two warriors have a lot of terrible blood stemming from an altercation between Khabib and Conor’s friend and teammate Artem Lobov earlier UFC 223 at New York in April. Now the highly anticipated struggle is official and sportsbooks such as BetOnline have been accepting wagers on this upcoming bout.
To bet McGregor vs Khabib
When it comes to gambling for the first time, the chances you most commonly hear are about the moneyline. While McGregor came back since the +120 underdog, the launching moneyline had Khabib since the -160 favorite. Fundamentally, moneyline is a fancy term for who is going to win.
But just what can -160 and +120 mean? Well, for the minus-money, you may have to bet that much to make $100 so in the instance of this scrap, you would wager $160 to make a profit of $100 for a total of $260. Betting on McGregor at +120 means that if you bet $100, you would gain an extra $120 for a total of $220. On a smaller scale, for each dollar you bet on McGregor, you could profit $1.20, whereas you would need to bet $1.60 to gain $1 if you bet on Khabib.
The reason for this is oddsmakers give the advantage to Khabib to acquire and they want you to wager more for a smaller reward. On the other hand, if you gamble on Conor, that oddsmakers believe will shed, you can make more of a gain if he pulls off the upset.
So far this year when it comes to underdogs versus favorites, the underdogs have won 36.1 percentage of fights, with the biggest upset by Paul Craig in +535 (for each dollar you wagered, you’d have gained $5.35) over Magomed Akalaev.
With the opening odds of -160 for Khabib and +120 for Conor, sportsbooks expect a close fight. For contrast, when Conor fought Floyd Mayweather Jr. in the past year’s superfight, the undefeated boxer opened at -800 together with the UFC star coming back in +500, which shows a huge disparity plus a more lopsided view of the bout.
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