Following a hiatus of over two years from the sport, the UFC’s largest star Conor McGregor is back in action, looking to recover his lightweight title from undefeated Khabib Nurmagomedov at UFC 229 at Las Vegas on October 6. The champ, Nurmagomedov, opened as the betting favorite at -160 with the challenger, McGregor, coming back as the +120 underdog.
Both of these warriors have a good deal of terrible blood coming from an altercation involving Khabib and Conor’s buddy and teammate Artem Lobov before UFC 223 at New York in April. Now the highly anticipated struggle is official and sportsbooks such as BetOnline have been accepting wagers with this forthcoming bout.
How to wager McGregor vs Khabib
When 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 as the -160 favorite. Fundamentally, moneyline is a fancy term for who is going to win.
But just what does -160 and +120 mean? Well, for your minus-money, you would need to wager that much to make $100 so in the case of the scrap, you would wager $160 to make a profit of $100 for a total of $260. Betting on McGregor in +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 bet on McGregor, you could profit $1.20, whereas you would have to wager $1.60 to gain $1 in the event that you bet on Khabib.
The cause of this can be oddsmakers give the advantage to Khabib to acquire and they would like you to wager more for a smaller benefit. On the flip side, if you gamble on Conor, that oddsmakers think will shed, you can make more of a gain when he pulls off the upset.
So far this year when it comes to underdogs versus favorites, the underdogs have won 36.1 percent of fights, with the largest upset by Paul Craig in +535 (for every dollar you wagered, you’d have profited $5.35) over Magomed Akalaev.
With the opening odds of -160 for Khabib and +120 for Conor, sportsbooks anticipate a close struggle. For contrast, when Conor fought Floyd Mayweather Jr. in last year’s superfight, the undefeated boxer opened at -800 with the UFC star coming back at +500, which reveals a huge disparity and a more lopsided perspective of this bout.
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