After a hiatus of over two years in the sport, the UFC’s largest star Conor McGregor is back in action, looking to reclaim his lightweight title from undefeated Khabib Nurmagomedov at UFC 229 in Las Vegas on October 6. The champ, Nurmagomedov, started 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 terrible blood coming from an altercation between Khabib and Conor’s buddy and teammate Artem Lobov earlier UFC 223 in New York in April. Now the highly anticipated struggle is official and sportsbooks like BetOnline have been accepting wagers with this forthcoming bout.
To bet 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 as the +120 underdog the opening moneyline had Khabib since the -160 favored. Basically, moneyline is a fancy word for who will win.
But just what does -160 and +120 mean? Well, for the minus-money, you would have to bet that much to earn $100 so in the case of this scrap, you would wager $160 to earn a profit of $100 for a total of $260. Betting on McGregor at +120 means that in case you wager $100, you could profit an additional $120 for a total of $220. On a smaller scale, for each dollar you wager on McGregor, you could profit $1.20, whereas you would have to wager $1.60 to profit $1 if you wager on Khabib.
The cause of this can be oddsmakers give the advantage to Khabib to win and they want you to wager more for a smaller reward. On the other hand, if you bet on Conor, who oddsmakers believe will lose, you can make more of a gain when he pulls off the upset.
So far this season when it comes to underdogs versus 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’d have profited $5.35) over Magomed Akalaev.
With the introduction chances 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 boxer opened at -800 with the UFC star coming back in +500, which reveals a massive disparity and a more lopsided perspective of the bout.
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