UFC 252: Miocic vs. Cormier 3 will be held on Saturday, August 15, 2020, at the UFC APEX in Las Vegas, Nevada.
How Odds Work
Unlike a spread on an NFL game where one team is ahead by a certain number of points (ex. Saints +7), in MMA fights, the line on the game is called a moneyline. These are the +/- used on UFC broadcasts. The figure is how much money you have to bet in order to win $100 (-), and how much a $100 bet will earn (+). They are perhaps best explained via example:
MARLON VERA +218
SEAN O’MALLEY -298
If you were to bet on Vera at +218 if you bet $100 on him and he wins the fight, you will profit $218. If he were to lose the fight, you would lose your original $100 bet.
Depending on how people are betting on the fights, the odds can shift from the moment they open, right up until the night of the fights.
The sport is built on moments that make you involuntary think “HOLY F***ING S***!!!” Those can come at any time, on any portion of the card, from any fighter. Thus, some bettors look to the underdogs, sometimes big ones, as the best bets.