After a hiatus of more than two years from the sport, the UFC’s biggest star Conor McGregor is back in action, looking to recover his lightweight title out of undefeated Khabib Nurmagomedov in UFC 229 at Las Vegas on October 6. The champ, Nurmagomedov, started as the betting favorite at -160 with the challenger, McGregor, coming back as the +120 underdog.
Both of these warriors have a lot of bad blood coming from an altercation between Khabib and Conor’s friend and teammate Artem Lobov before UFC 223 at New York in April. Now the highly anticipated fight is official and sportsbooks like BetOnline have been accepting wagers with this upcoming bout.
The Way to bet McGregor vs Khabib
If it comes to gambling for the first time, the chances you commonly hear are about the moneyline. While McGregor came back since the +120 underdog the opening moneyline had Khabib since the -160 favored. Fundamentally, moneyline is a fancy term for who will win.
However, just what does +120 and -160 mean? Well, for the minus-money, you may have to bet that much to earn $100 so in the case of this scrap, you would wager $160 to make a gain of $100 for a total of $260. Betting on McGregor at +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 need to bet $1.60 to gain $1 if you bet on Khabib.
The cause of this is oddsmakers give the edge to Khabib to acquire and they want you to bet more to get a smaller benefit. On the other hand, if you bet on Conor, that oddsmakers believe will shed, you can make more of a profit if he pulls off the upset.
So far this season when it comes to underdogs versus favorites, the underdogs have won 36.1 percent of fights, with the largest upset by Paul Craig in +535 (for every dollar you wagered, you would have gained $5.35) over Magomed Akalaev.
With the opening odds of -160 for Khabib and +120 for Conor, sportsbooks expect a close struggle. 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 massive disparity plus a more lopsided view of the bout.
Read more: montanayouthrugby.org