After a hiatus of over two years in the sport, the UFC’s largest celebrity Conor McGregor is back in action, looking to reclaim his lightweight title out of undefeated Khabib Nurmagomedov at UFC 229 at Las Vegas on October 6. The champ, Nurmagomedov, opened as the betting favorite at -160 together with the challenger, McGregor, coming back since the +120 underdog.
Both of these warriors have a lot 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. Now the highly anticipated fight is official and sportsbooks such as BetOnline happen to be accepting wagers on this upcoming bout.
To wager McGregor vs Khabib
If it comes to betting for the first time, the chances you most commonly hear are on the moneyline. While McGregor came back since the +120 underdog, the launching moneyline had Khabib since the -160 favorite. Fundamentally, moneyline is a fancy term for who will win.
However, what can +120 and -160 mean? Well, for your minus-money, you would need to wager that much to earn $100 so in the instance of the scrap, you would wager $160 to make a profit of $100 for a total of $260. Betting on McGregor at +120 means that if you wager $100, you could profit an additional $120 for a total of 220. On a smaller scale, for each dollar you bet on McGregor, you can profit $1.20, whereas you would need to wager $1.60 to profit $1 in the event that you bet on Khabib.
The cause of 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 bet on Conor, that oddsmakers think will shed, you can make more of a gain if he pulls off the upset.
So far this year when it comes to underdogs versus favorites, the underdogs have won 36.1 percentage of conflicts, with the biggest upset by Paul Craig in +535 (for every dollar you wagered, you would have gained $5.35) over Magomed Akalaev.
With the introduction chances 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 boxer opened at -800 together with the UFC star coming back at +500, which shows a massive disparity plus a more lopsided view of this bout.
Read more: https://conservativewatchnews.org/ufc
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