After a hiatus of over two years from the game, 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 in 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.
These two warriors have a lot of bad blood stemming from an altercation between Khabib and Conor’s friend and teammate Artem Lobov earlier UFC 223 in New York in April. 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
If it comes to gambling for the first time, the odds you commonly hear are on the moneyline. The opening moneyline had Khabib as the -160 favored, while McGregor came back as the +120 underdog. Fundamentally, moneyline is a fancy word for who is going to win.
However, what exactly can -160 and +120 mean? Well, for your minus-money, you would have to bet that much to earn $100 so in the instance of the scrap, you would bet $160 to earn a gain of $100 for a total of $260. Betting on McGregor in +120 means that if you bet $100, you could gain an additional $120 for a total of 220. On a smaller scale, for every dollar you bet on McGregor, you can gain $1.20, whereas you would need to bet $1.60 to profit $1 if 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 to get a smaller reward. On the other hand, if you gamble on Conor, that oddsmakers believe will shed, you can make more of a profit when he pulls off the upset.
So far this year when it has to do with underdogs vs favorites, the underdogs have won 36.1 percent of fights, 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 chances of -160 for Khabib and +120 for Conor, sportsbooks expect a close fight. For comparison, when Conor fought Floyd Mayweather Jr. in last year’s superfight, the undefeated boxer opened at -800 with the UFC celebrity coming back at +500, which reveals a huge disparity plus a more lopsided perspective of the bout.
Read more: crossfitsupercharged.com
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