After a hiatus of more than two years from the sport, the UFC’s largest celebrity Conor McGregor is back in action, looking to recover his lightweight title out of undefeated Khabib Nurmagomedov in UFC 229 in Las Vegas on October 6. The champ, Nurmagomedov, started as the betting favorite at -160 together with the challenger, McGregor, coming back since the +120 underdog.
These two warriors have a lot of bad blood stemming from an altercation involving Khabib and Conor’s friend and teammate Artem Lobov before UFC 223 at New York in April. The highly anticipated struggle is official and sportsbooks like BetOnline have been accepting wagers on this upcoming bout.
The Way to bet McGregor vs Khabib
When it comes to betting for the first time, the chances you commonly hear are about the moneyline. While McGregor came back as the +120 underdog the opening moneyline had Khabib as the -160 favored. Basically, moneyline is a fancy word for who will win.
However, just what can +120 and -160 mean? Well, for your minus-money, you would need to wager that much to make $100 so in the case of the scrap, you would bet $160 to earn a profit of $100 for a total of $260. Betting on McGregor in +120 means that if you bet $100, you could gain an extra $120 for a total of $220. On a smaller scale, for every dollar you wager on McGregor, you could profit $1.20, whereas you would have to wager $1.60 to gain $1 in the event that you bet on Khabib.
The reason for this can be oddsmakers give the edge to Khabib to acquire and they would like you to bet more to get a smaller benefit. On the flip side, if you bet on Conor, that oddsmakers believe will lose, you can make more of a profit if he pulls off the upset.
So far this season when it has to do with underdogs versus favorites, the underdogs have won 36.1 percent of conflicts, with the biggest upset by Paul Craig in +535 (for each dollar you wagered, you would have gained $5.35) over Magomed Akalaev.
With the introduction odds of -160 for Khabib and +120 for Conor, sportsbooks anticipate a close struggle. For contrast, when Conor fought Floyd Mayweather Jr. in the past year’s superfight, the undefeated fighter opened at -800 with the UFC celebrity coming back at +500, which shows a massive disparity and a more lopsided perspective of the bout.
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