After a hiatus of over two years in the sport, the UFC’s largest celebrity Conor McGregor is back in action, looking to recover his lightweight title out of undefeated Khabib Nurmagomedov at UFC 229 at vegas on October 6. The champ, Nurmagomedov, started as the betting favorite at -160 with the challenger, McGregor, coming back since the +120 underdog.
Both of these warriors have a good deal of terrible blood stemming 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 forthcoming bout.
To wager McGregor vs Khabib
When it comes to gambling for the first time, the chances you most commonly hear are about the moneyline. The launching moneyline had Khabib since the -160 favored, while McGregor came back as the +120 underdog. Basically, moneyline is a fancy term for who is going to win.
However, what can +120 and -160 mean? Well, for your minus-money, you would have to wager 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 if you wager $100, you could gain an extra $120 for a total of $220. On a smaller scale, for every 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 advantage to Khabib to acquire and they would like you to bet more for a smaller benefit. On the flip side, if you gamble on Conor, who oddsmakers think will shed, you can make more of a profit when he pulls off the upset.
So far this season when it has to do with underdogs versus favorites, the underdogs have won 36.1 percentage of conflicts, with the biggest upset by Paul Craig at +535 (for each 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 comparison, when Conor fought Floyd Mayweather Jr. in the past year’s superfight, the undefeated fighter opened at -800 with the UFC star coming back in +500, which shows a massive disparity plus a more lopsided perspective of this bout.
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