Following a hiatus of over two years from the sport, the UFC’s biggest star Conor McGregor is back in action, looking to reclaim his lightweight title from undefeated Khabib Nurmagomedov in UFC 229 in vegas on October 6. The champ, Nurmagomedov, opened as the betting favorite at -160 with the challenger, McGregor, coming back since the +120 underdog.
These two warriors have a lot of terrible blood coming from an altercation involving Khabib and Conor’s friend and teammate Artem Lobov before UFC 223 in New York in April. Now the highly anticipated struggle is official and sportsbooks such as BetOnline happen to be accepting wagers with this forthcoming bout.
To wager McGregor vs Khabib
When it comes to betting for the first time, the odds you commonly hear are on the moneyline. While McGregor came back since the +120 underdog, the opening moneyline had Khabib as the -160 favored. Fundamentally, moneyline is a fancy word for who is going to win.
But what exactly does +120 and -160 mean? Well, for the minus-money, you would need to bet that much to earn $100 so in the instance of this scrap, you would wager $160 to make a gain of $100 for a total of $260. Betting on McGregor in +120 means that in case you wager $100, you could gain an additional $120 for a total of $220. On a smaller scale, for every dollar you bet on McGregor, you can profit $1.20, whereas you would have to bet $1.60 to profit $1 in the event that you bet on Khabib.
The reason for this is oddsmakers give the advantage to Khabib to win and they want you to bet more for a smaller benefit. On the flip side, if you gamble on Conor, that oddsmakers believe will lose, you can make more of a profit when he pulls off the upset.
So far this year when it comes to underdogs vs favorites, the underdogs have won 36.1 percentage of conflicts, with the largest upset by Paul Craig in +535 (for each dollar you wagered, you would have profited $5.35) over Magomed Akalaev.
With the introduction chances 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 together with the UFC celebrity coming back at +500, which shows a massive disparity plus a more lopsided perspective of this bout.
Read more: sportscoverage.net/betfair/