Following a hiatus of more than two years in the sport, the UFC’s biggest star Conor McGregor is back in action, trying to reclaim his lightweight title out of undefeated Khabib Nurmagomedov at UFC 229 in vegas on October 6. The champ, Nurmagomedov, started as the betting favorite at -160 with the challenger, McGregor, coming back since the +120 underdog.
Both of these warriors have a good deal of bad blood coming from an altercation between Khabib and Conor’s buddy and teammate Artem Lobov earlier UFC 223 at New York in April. The highly anticipated fight is official and sportsbooks such as BetOnline have been accepting wagers on this forthcoming bout.
How to bet McGregor vs Khabib
If 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 opening moneyline had Khabib since the -160 favorite. Basically, moneyline is a fancy word for who is going to win.
However, just what can -160 and +120 mean? Well, for the minus-money, you may need to bet that much to earn $100 so in the instance of this scrap, you would bet $160 to earn a profit of $100 for a total of $260. Betting on McGregor at +120 means that if you wager $100, you could gain an additional $120 for a total of $220. On a smaller scale, for every dollar you wager on McGregor, you can profit $1.20, whereas you would have to wager $1.60 to profit $1 if you wager on Khabib.
The cause of this is oddsmakers give the advantage to Khabib to win 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 gain 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 conflicts, with the largest upset by Paul Craig at +535 (for every 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 anticipate 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 shows a massive disparity plus a more lopsided view of the bout.
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