After a hiatus of over two years in 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 in Las Vegas on October 6. The champ, Nurmagomedov, opened as the betting favorite at -160 with the challenger, McGregor, coming back since the +120 underdog.
These two warriors have a good deal of bad blood coming from an altercation involving Khabib and Conor’s friend and teammate Artem Lobov earlier UFC 223 in New York in April. The highly anticipated fight is official and sportsbooks such as BetOnline happen to be accepting wagers with this forthcoming bout.
To wager McGregor vs Khabib
When it comes to betting for the first time, the chances you commonly hear are on the moneyline. The launching moneyline had Khabib as the -160 favorite, while McGregor came back since the +120 underdog. Basically, moneyline is a fancy word for who is going to win.
However, what exactly can +120 and -160 mean? Well, for your minus-money, you may need to bet that much to earn $100 so in the case 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 in case you wager $100, you could profit an extra $120 for a total of $220. On a smaller scale, for every dollar you bet on McGregor, you could profit $1.20, whereas you would have to bet $1.60 to profit $1 in the event that you bet on Khabib.
The reason for this is oddsmakers give the edge to Khabib to acquire and they want you to bet more for a smaller reward. On the flip side, 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 percentage of conflicts, with the biggest upset by Paul Craig in +535 (for each dollar you wagered, you would 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 last year’s superfight, the undefeated boxer opened at -800 with the UFC star coming back at +500, which shows a massive disparity and a more lopsided perspective of this bout.
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