How & Where to Bet on McGregor vs Khabib UFC 229 Fight
Following a hiatus of over two years from the game, the UFC’s biggest star Conor McGregor is back in action, trying to recover his lightweight title out of undefeated Khabib Nurmagomedov at UFC 229 at Las Vegas on October 6. The champ, Nurmagomedov, started as the betting favorite at -160 together with the challenger, McGregor, coming back as the +120 underdog.
Both of these warriors have a good deal of bad blood stemming from an altercation involving Khabib and Conor’s friend and teammate Artem Lobov earlier UFC 223 in New York in April. Now the highly anticipated struggle is official and sportsbooks like BetOnline happen to be accepting wagers on this upcoming 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 opening moneyline had Khabib as the -160 favorite, while McGregor came back since the +120 underdog. Fundamentally, moneyline is a fancy word for who will win.
But what can +120 and -160 mean? Well, for your minus-money, you may need to wager that much to make $100 so in the instance of this scrap, you would bet $160 to earn a gain of $100 for a total of $260. Betting on McGregor at +120 means that if you bet $100, you could gain an extra $120 for a total of $220. On a smaller scale, for each dollar you wager on McGregor, you could gain $1.20, whereas you would need to wager $1.60 to profit $1 in the event that you wager on Khabib.
The reason for this is oddsmakers give the advantage to Khabib to win and they would like you to wager 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 gain if 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 biggest upset by Paul Craig in +535 (for each 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 expect a close fight. For comparison, 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 in +500, which reveals a massive disparity plus a more lopsided view of this bout.
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