Following a hiatus of more than two years in the game, the UFC’s largest celebrity Conor McGregor is back in action, looking to recover his lightweight title from undefeated Khabib Nurmagomedov in 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 good deal of bad blood coming from an altercation involving Khabib and Conor’s buddy and teammate Artem Lobov earlier UFC 223 in New York in April. Now the highly anticipated fight is official and sportsbooks like BetOnline have been accepting wagers with this forthcoming bout.
The Way to wager McGregor vs Khabib
When it comes to gambling for the first time, the odds you most commonly hear are about the moneyline. While McGregor came back since the +120 underdog the opening moneyline had Khabib since the -160 favored. Basically, moneyline is a fancy word for who is going to win.
But what does -160 and +120 mean? Well, for your minus-money, you may need to wager that much to earn $100 so in the instance of the scrap, you would wager $160 to make a gain of $100 for a total of $260. Betting on McGregor at +120 means that if you wager $100, you would 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 have to bet $1.60 to gain $1 in the event that you bet on Khabib.
The reason for this is oddsmakers give the edge to Khabib to acquire and they would like you to bet more for a smaller reward. On the other hand, if you gamble on Conor, that 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 biggest upset by Paul Craig at +535 (for every 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 contrast, when Conor fought Floyd Mayweather Jr. in the past year’s superfight, the undefeated boxer opened at -800 together with the UFC celebrity coming back at +500, which shows a massive disparity plus a more lopsided view of this bout.
Read more: chicagopost.net