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UFC 241 Betting: Daniel Cormier vs. Stipe Miocic

Daniel Cormier has achieved just about everything inside the Octagon. He was the UFC Light Heavyweight champion for over three years, and in July 2018, Cormier added the Heavyweight title to his collection – becoming just the second fighter (after Conor McGregor) to hold two UFC belts at once. Depending on who you talk to, Cormier might even be the best MMA fighter of all time.

But not if you talk to Stipe Miocic. The former Heavyweight champ wants his belt back, and he’ll finally get his rematch against Cormier on Saturday, August 17 at UFC 241, live from the Honda Center in Anaheim. It promises to be a close fight, too, judging by the MMA betting odds at press time; Cormier, fighting out of San Jose, is the –145 favorite to keep his title in front of what should be a partisan crowd.

UFC 241 Odds: Daniel Cormier (-140) vs. Stipe Miocic (+110)

It was a bit of a shock that Cormier (22-1, 1 NC lifetime; 11-1, 1 NC UFC) won the Heavyweight title in the first place. He was the +140 underdog on the MMA odds board when he defeated Miocic at UFC 226 via first-round knockout, in his first Heavyweight fight since 2014. Doing so at age 39 was even more impressive. Six months later, after retaining his newly won title against Derrick Lewis, Cormier relinquished the Light Heavyweight championship – now held by his archenemy in the Octagon, Jon “Bones” Jones.

Miocic (18-3 lifetime, 12-3 UFC) had been the UFC’s most impressive Heavyweight champion before he fell to Cormier. He won the title over Fabricio Werdum in May 2016 and successfully defended three straight times, against Alistair Overeem, Junior dos Santos and Francis Ngannou. No one in the Heavyweight division had ever done that before. Miocic hasn’t fought since his loss to Cormier, but he’s easily the larger fighter of the two, standing five inches taller than Cormier at 6-foot-4 with an eight-inch reach advantage. Chances are Miocic will do better in this fight than their last one.

UFC 241 Odds: Nate Diaz (-110) vs. Anthony Pettis (-120)

The exact details for UFC 241 are still being worked out at press time, but the No. 2 fight on the card features the return of Diaz (19-11 lifetime, 14-9 UFC), who hasn’t fought in the Octagon since his 2016 loss to Conor McGregor. He was originally supposed to face Dustin Poirier last November at UFC 230, but those plans were scuttled after Poirier was injured. Instead, Diaz will remain at Welterweight to take on Pettis, and the UFC 241 betting lines couldn’t be closer, with each man priced at –115.

It might not be that close a fight once they step inside the Octagon. Pettis (22-8 lifetime, 9-7 UFC) was a rising star in the promotion in 2013 when he beat Benson Henderson for the Lightweight title, but he was stopped in his tracks two years later by Rafael dos Anjos, and it’s been rough going ever since. However, Pettis did defeat Stephen “Wonderboy” Thompson last March in his return to the Welterweight division; maybe that, plus a win over Diaz, will get his career back on track.

UFC 241 Odds: Yoel Romero (-170) vs. Paulo Costa (+140)

This will be the No. 3 fight on the card in Anaheim, and it’s a very important fight for Romero (13-3 lifetime, 9-2 UFC). He’s also trying to regain his momentum after losing to Robert Whittaker two years ago at UFC 213, with the interim Middleweight title on the line. Since then, Romero has failed to make weight twice, suffering a second loss to Whittaker in the process. This is also the third attempt at getting Romero and Costa (12-0 lifetime, 4-0 UFC) in the Octagon together. The UFC odds have Romero as the –190 favorite, but he’s 42 years old now, and certainly vulnerable in this matchup.

Other UFC 241 Odds

Unfortunately, the scheduled Lightweight bout between John Makdessi and Devonte Smith has just been scrapped, but there are 13 other fights planned for UFC 241, with plenty of starpower at the top of the card. Fight fans will also get to see the likes of Derek Brunson, Drakkar Klose, Gabriel Benitez and Manny Bermudez in action. Keep checking back with Bovada Sportsbook for the latest MMA odds as this epic card continues to take shape.

*Odds as of August 7th, 2019

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How to Bet on the UFC: UFC Betting Explained

There was a time when boxing was the biggest combat sport in the world. These days, more people are betting on mixed martial arts – especially when it’s the Ultimate Fighting Championship (UFC) putting on the show. This promotion has skyrocketed since its first pay-per-view card in 1993, back when it was no holds barred; new rules and regulations have turned the UFC into a sweet science all its own, allowing the company to spread across the globe. This UFC Betting 101 introduction will show you how to bet on MMA at Bovada Sportsbook, from basic wagers to simple strategies you can use to knock out your competition.

Betting on the UFC

The UFC holds dozens of events every year, with somewhere around a dozen fights on every card. The major events are pay-per-views, and smaller shows are aired on cable television and UFC Fight Pass; each card will feature a main event, often a title fight for one of the promotion’s 12 weight divisions, as well as a co-main event. Here are the different ways you can get in on the UFC betting action:

UFC Moneyline Betting

This has been the standard way to bet on combat sports for well over a century. UFC moneyline odds are a form of fixed-odds betting, where you choose one of the two fighters to win straight-up, no point spread attached. In North America, these odds are typically expressed using the American odds format. To better understand exactly what are UFC moneyline odds, let’s look at the famous August 2016 Welterweight rematch between Conor McGregor and Nate Diaz at UFC 202:

Diaz              +120
McGregor       –150

Unless it’s a pick’em, every fight has a favorite and an underdog. The favorite will always have a negative sign next to their MMA odds; in this matchup, McGregor was the –150 favorite, paying out $100 for every $150 wagered (smaller and larger bets are allowed). The underdog usually has a positive sign next to their odds, although that’s not always the case with two closely matched opponents. In this fight, Diaz was the +120 underdog, paying out $120 for every $100 wagered.

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UFC Parlay Betting

A parlay bet is a combination bet that lets you group together a number of individual moneyline wagers. If you get all your picks right, your payout increases exponentially, but if you get a single pick wrong, the parlay loses. You can put anywhere between two and 12 moneyline bets in your UFC parlays. The more lines you add, the higher the potential payout. So how do UFC parlay bets work? Let’s say you wanted to combine the McGregor-Diaz fight at UFC 202 with the co-main event, a Light Heavyweight bout between Anthony “Rumble” Johnson and Glover Teixeira:

Teixeira           +175
Johnson           –225

Here, Johnson was the –225 favorite, while Teixeira was the +175 underdog. If you parlayed Johnson together with McGregor, congratulations: Both favorites won their fights. Betting $50 on each of them separately would have earned you $44.44 in profit, but since you parlayed them instead, you earned $140.74. You can calculate your potential payouts by multiplying the odds for each fight in your parlay, either by hand or with an online parlay calculator. Even better, Bovada Sportsbook will do the math for you when you’re filling out your bet slip.

UFC Futures Betting

If you’ve been stumped trying to figure out just what is a UFC futures bet, we’ve got you covered. In general, the UFC odds for each card will be made available well in advance, but every once in a while, speculative odds will be published for a fight that may or may not take place in the future. This can happen when two really big-name fighters appear to be on a collision course. If there’s enough interest in their potential fight, UFC futures odds will go up on the board. You’ll find them under “UFC Futures” when you open the UFC menu at Bovada Sportsbook.

Betting on UFC futures looks exactly the same as betting on the moneyline. There will be a favorite and an underdog, and the odds for each fighter will adjust depending on how much action they draw. Once their prospective fight is made official, those odds will be taken off the UFC futures board and put on the regular market.

UFC Prop Betting

Aside from the moneyline, UFC prop bets (short for proposition bets) are the most popular way to bet on MMA’s most popular promotion. Rather than picking a straight-up winner, UFC props ask you to wager on things like method of victory (KO/TKO/DQ, submission or decision), and whether the fight will go OVER or UNDER a certain number of rounds.

Much like the Super Bowl, betting on UFC props can be both fun and profitable. The more popular the fight, the more props you’ll have at your disposal; you might be able to bet on whether a fighter will win during a specific round, or whether they’ll win by unanimous decision. Don’t forget to look for these props anytime you’re considering a bet on the UFC.

UFC Betting Tips

Think you know your way around the Octagon better than most people? If you’ve been following the sport for some time, you’ve probably developed a solid base of knowledge that can help you beat the UFC odds. But even if you’re betting on MMA for the first time, you can gain an advantage by remembering two simple rules of thumb:

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1. Styles make fights. Every UFC fighter comes from a certain MMA background. Brazilian jiu-jitsu is common, but a well-rounded practitioner will bring other martial arts to the table, be it wrestling, boxing, karate, Muay Thai, sambo, judo, or other forms. Ideally, your chosen fighter will be strong in the two basic elements of MMA: striking, and grappling. They’ll also be strong on both offense and defense. If you see a fighter who’s gifted at ground-and-pound going up against someone who isn’t skilled at defending from underneath, that’s a mismatch that you can take advantage of.

2. The bigger they are, the harder they fall. There are 12 different weight classes in the UFC: eight male, and four female. The lightest division is Women’s Strawweight (up to 115 pounds), and the heaviest is Heavyweight (male, 206-265 pounds). As a rule, the lighter divisions have more of their fights end in decision, while the heavier classes will see more knockouts. You can use this knowledge, combined with the styles and past records of each fighter, to take advantage of the UFC props. For example, a Women’s Strawweight bout will end in a decision roughly 70% of the time; put two defensive strikers in the Octagon together, and a decision becomes even more likely.

Because the UFC has become so popular, detailed biographies of most fighters are available on the internet, showing their MMA backgrounds, which belts they’ve been awarded, and the results for all their previous fights – both in MMA and other combat sports. A little research will go a long way in helping you make sharper UFC picks. In the meantime, you now have everything you need to get started betting on the UFC. For more information, check out the FAQ and Help guide at Bovada Sportsbook, and feel free to contact Customer Service if you need further assistance.

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