Following a hiatus of over two years in the game, the UFC’s largest star 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, opened as the betting favorite at -160 together with the challenger, McGregor, coming back as the +120 underdog.
Both of these warriors have a good deal of bad blood coming from an altercation involving Khabib and Conor’s friend and teammate Artem Lobov before UFC 223 in New York in April. The highly anticipated struggle is official and sportsbooks such as BetOnline happen to be accepting wagers with this upcoming bout.
How to wager McGregor vs Khabib
If it comes to betting for the first time, the odds you commonly hear are on the moneyline. While McGregor came back as the +120 underdog, the launching moneyline had Khabib since the -160 favorite. Fundamentally, moneyline is a fancy word for who will win.
But what exactly can -160 and +120 mean? Well, for the minus-money, you would have to wager that much to earn $100 so in the instance of this scrap, you would bet $160 to earn a gain of $100 for a total of $260. Betting on McGregor at +120 means that in case you wager $100, you would profit an extra $120 for a total of 220. On a smaller scale, for every dollar you bet on McGregor, you could profit $1.20, whereas you would have to wager $1.60 to profit $1 in the event that you wager on Khabib.
The reason for this can be oddsmakers give the edge to Khabib to win and they want you to wager more for a smaller benefit. On the flip side, if you gamble on Conor, who 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 fights, with the largest upset by Paul Craig at +535 (for each dollar you wagered, you would have profited $5.35) over Magomed Akalaev.
With the opening chances of -160 for Khabib and +120 for Conor, sportsbooks expect a close fight. For comparison, 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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