Since 2018, the UFC lightweight title will be held by someone other than Khabib Nurmagomedov for the first time after UFC 262 on Saturday night.
In March, Nurmagomedov decided to retire, even though UFC President Dana White tried to convince him to fight again. The 32-year-old Russian left the sport with an impeccable record of 29-0. Throughout his impressive career, he achieved remarkable victories against renowned fighters such as Conor McGregor, Dustin Poirier, Justin Gaethje, and many others. As he bid farewell, Nurmagomedov sailed into the sunset, leaving behind a legacy of dominance.
Nevertheless, the forthcoming UFC 262 pay-per-view main event showcases two lightweight contenders who were deprived of the opportunity to face Nurmagomedov.
This weekend, the finale of UFC 262’s 13-fight lineup features Michael Chandler and Charles Oliveira competing for the title vacated by Nurmagomedov. If you’re looking to add some excitement to the fight, there are various betting options available for their title bout, which will be held at the Toyota Center in Houston.
Indeed, one of the bets carries significant odds of +10000.
Bet $1, win $100 at UFC 262
As of Tuesday, UFC 262 sees Michael Chandler (22-5) and Charles Oliveira (30-8) with closely matched odds. Oliveira, hailing from Brazil, holds a modest -134 favorite position, while Chandler, based in Nashville, is a slight +110 underdog according to DraftKings.
If you place a bet on Oliveira, you would have to wager $134 in order to earn a $100 profit if he wins. On the other hand, if you bet $100 on Chandler and he wins, you would gain a profit of $110.
Why settle for odds of -134 and +110 when you have the opportunity to get +10000 on either Chandler or Oliveira instead?
The guidelines for DraftKings’ 100-1 promotion for UFC 262 are fairly straightforward:
- Only new DraftKings depositors can participate in the promotion where you have a chance to win $100 by betting $1. However, in order to be eligible, you must deposit a minimum of $5 into your DraftKings Sportsbook account.
- Upon opting in, you will receive a solitary odds boost that can be utilized exclusively for the UFC 262 main event.
- After your deposit is successfully processed, place a $1 bet on either Chandler or Oliveira to win the bout using the moneyline. Remember to place the bet before the bout begins and ensure that your boosted odds are visible.
- If your fighter emerges victorious, your bet of $1 yields a lucrative reward of $100 in winnings.
- Live bets, parlays, free bets, cash-out bets, and voided bets are not eligible for the promotion.
Oliveira’s winning streak extends to eight consecutive victories, with an impressive seven of them resulting in stoppages. Furthermore, he currently holds the esteemed title for the most career submission wins in the history of the UFC, boasting an impressive record of 14 submissions.
On the other hand, Chandler boasts an impressive background as a former champion in the competing Bellator promotion. He made a stunning UFC debut by delivering a knockout blow to Dan Hooker, and has since achieved three consecutive knockout victories, securing six wins in his last seven fights overall.
Get ready for some explosive fireworks in this one.
Other ways to bet Chandler-Oliveira at UFC 262
If you’re a beginner in MMA betting or simply not well-versed in the wide range of wagering options available, UFC 262 provides numerous choices to choose from.
In fact, the fight between Oliveira and Chandler offers numerous betting options, just with the main event alone.
Here are a couple of options that you may want to think about:
Betting round totals
Like in any other sport, MMA bettors have the option to place wagers on the over-under for a fight.
In three-round non-title fights, the usual total is either 1.5 or 2.5 rounds. However, for a five-round title fight such as Chandler-Oliveira, the total range can vary from 1.5 to 4.5 rounds.
DraftKings is providing betting options for all of the totals in Saturday’s highly anticipated fight.
- The odds for the fight to last more than 1.5 rounds are -190, while the odds for the fight to last fewer than 1.5 rounds are +140.
- The bet for more than 2.5 rounds has a positive odds of +115, while the bet for less than 1.5 rounds has a negative odds of -152.
- The odds for the fight to go over 3.5 rounds are +175, while the odds for it to go under 1.5 rounds are -240.
- The betting odds for the fight duration are +215 for over 4.5 rounds and -305 for under 1.5 rounds.
It’s no surprise that an under bet is quite tempting considering Chandler and Oliveira’s impressive track record of 52 career wins, with 44 of them resulting from knockouts or submissions.
Another alternative is to wager on the fight not ending in a decision. In simple terms, if the referee stops the fight anytime before the final second of the bout, you will be victorious. However, this option comes with a slightly higher cost (-345), so it may be more beneficial to include it as part of a parlay bet.
On the other hand, if you believe that both fighters possess enough resilience to last until the end of the match, placing a bet on the fight going to a decision offers odds of +240.
Chandler via submission
There are numerous betting options available if you choose Chandler.
However, the bets with the highest risk and the possibility of a significant reward are those placed on him winning by submission.
Despite his reputation as a knockout specialist in recent times, it is important to note that “Iron Mike” possessed exceptional wrestling abilities during his college years at the University of Missouri, where he earned the title of NCAA Division I All-American wrestler. Additionally, he has also secured an impressive total of seven submission victories throughout his career, highlighting his legitimate expertise in grappling.
Oliveira, being a skilled Brazilian jiu-jitsu black belt, possesses great proficiency on the ground. Nevertheless, he faced consecutive defeats by way of chokeholds in 2016. In a five-round bout, the situation can become unpredictable and chaotic. Oliveira may experience fatigue, become disoriented, or potentially sustain an injury. Any of these circumstances could lead to a swift submission finish.
Placing a modest bet on Chandler to win by submission could result in a significant payout, considering the attractive odds of +1400.
Oliveira wins in Round 4 or Round 5
Despite being somewhat common in boxing, late-fight stoppages are rare in MMA.
The likelihood of an MMA fight ending due to stoppage is highest in Round 1, gradually decreasing in each following round.
If you place a bet on Oliveira to win in Round 4 (+1400) or win in Round 5 (+2000) at UFC 262, you have a great chance of getting some favorable odds due to this being the main reason.
Chandler is a tough opponent to defeat, considering his extensive experience of 13 years in professional MMA. However, no matter how strong one’s chin is, how fit their cardio is, or how durable they are, there comes a time when even the toughest fighters start to weaken. Oliveira has proven himself capable of bringing numerous opponents to their breaking point.
A strategy for Oliveira to consider is steadily weakening the opponent during the initial rounds, as it could lead to a decisive victory by stopping the fight in the later rounds.
Chandler vs. Oliveira ends via tie
Hey, check this out! If we’re feeling adventurous, placing a bet on Chandler-Oliveira to result in a draw will give us a generous payout of +6600 odds.
Although the UFC holds over 500 fights annually, draws are incredibly uncommon. Only around four to six of these matchups result in a draw, majority draw, or split draw.
Due to the scoring system of 10-9 and the odd number of rounds in UFC fights, occurrences of these events are infrequent. However, the likelihood of their happening increases with:
- Penalties will be imposed for infractions like eye pokes or grabbing the fence.
- Stopping fights early and partial-fight scoring frequently occur due to accidental fouls resulting in fight-ending injuries.
- Uncommon 10-10 scores resulting from remarkably close rounds.
- Instead of issuing a 10-9 score, the judges are compelled to assign a 10-8 score due to heavily imbalanced rounds.
This fight carries hefty 66-1 odds due to the rare convergence of circumstances required to produce a draw in an MMA match.
Given the closely contested and unpredictable nature of the Chandler vs. Oliveira fight, bettors may consider taking a risk on the draw bet to potentially benefit from the uncertainty.
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