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UFC 247 Betting: Jon Jones vs. Dominick Reyes


The UFC’s top pound-for-pound fighter, Jon “Bones” Jones, is returning to the octagon to defend his light heavyweight crown in one of two title fights set for UFC 247, which is scheduled to take place at Toyota Center in Houston on February 8. The second title is the women’s flyweight belt that Valentina Shevchenko earned by beating Joanna Jedrzejczk at UFC 231; she’s being challenged by No. 1 Katlyn Chookagian.

Beyond the main and co-main events, we’re looking forward to heavyweight bouts between Juan Adams vs. Justin Tafa, Derrick Lewis vs. Ilir Latifi and Mirsad Bektic vs. Dan Ige. Join us as we breakdown the fights on the main card to get you ready for UFC 247 betting.


UFC 247 Odds: Jon Jones (25-1, 1 NC) vs. Dominick Reyes (12-0)

The best in the sport, Jon Jones is looking for his next big fight. Instead of getting a flashy marquee matchup, he’s been handed an undefeated dark horse contender with a big left hand. Dominick “The Devastator” Reyes has climbed up the ranks to No. 4 in the light heavyweight division after victories over top talents in Volkan Oezdemir and Jared Cannonier, and a first-round knockout over Chris Weidman. Throughout his six-fight UFC career, Reyes has demonstrated good takedown defense, powerful striking, and sound technical skills. Standing six-foot-four, he’s the same height as Jones, but has a much smaller reach (77 inches vs. 84.5 inches).

Reyes may not exactly be the opponent that Jones was hoping for, but it would be unwise for him to underestimate Reyes—especially with people questioning Jones’ motivation levels heading into Toyota Center. If Jones can get his head into the fight, he has the ability to protect his status as the best of the best and hand Reyes his first loss. This is the first UFC fight that Reyes is entering as an underdog (+325); Jones’ UFC odds are —450.


UFC 247 Odds: Valentina Shevchenko (18-3-0) vs. Katlyn Chookagian (13-2-0)

Out of Valentina Shevchenko’s nine-fight UFC career, Amanda Nunes, the women’s bantamweight and featherweight champ, is the only opponent to beat her. With victories over Holly Holm, Jessica Eye and Julianna Pena, Shevchenko hasn’t shied away from top-level competition and is ranked the 12th best pound-for-pound fighter in the UFC, after No. 11 Conor McGregor. She is the heaviest favourite on the UFC 247 odds board at—1000.

Chookagian is the third woman to challenge Shevchenko for the title after Eye and Liz Carmouche failed to get it. While Chookagian has five wins in her last six bouts, she lost to Jessica Eye and Liz Carmouche—two of the opponents that Shevchenko has beat. She’s a +600 underdog to pull off a crazy upset and overthrow the champ.


UFC 247 Odds: Derrick Lewis (22-7, 1 NC) vs. Ilir Latifi (14-7, 1 NC)

One of two ranked opponents will have the chance to rise up the UFC rankings in the Derrick Lewis (—285) vs. Ilir Latifi (+225) heavyweight matchup. This will be Latifi’s first bout in the heavyweight division after going 7-4 in the light heavyweight group, where he’s currently ranked No. 12. It’ll be a tall order for Latifi, who stands five inches shorter, is 55 pounds lighter, and has a 5.5-inch shorter reach than the fifth-ranked Lewis. Expect fireworks, as 86% of Lewis’ victories have come from KO/TKO.

Another intriguing matchup on the main card is a featherweight bout between No. 14 Mirsad Bektic (13-2-0) and Dan Ige (12-2-0). The 28-year-old Ige is on a four-fight win streak since losing to Julio Arce in UFC 220. He’s a well-rounded fighter, with victories in this span coming from submission, TKO and unanimous decision. Bektic will be motivated to end Ige’s win streak, but has suffered two losses in his last four fights, including a loss to No. 9 Josh Emmett via technical knockout in his most recent match. Bektic is a —130 favourite to beat Ige (EVEN).

Juan Adams (5-2-0) is being pitted against newcomer Justin Tafa (3-1-0) in a bout that’s likely to end with a knockout. Tafa was signed by the UFC on the tail of three XFC victories (all TKO), but he lost his UFC debut to Yorgan De Castro in the first round. Adams won his first UFC fight after being picked up off of Dana White’s Tuesday Night Contender Series, but has lost his last two fights. Adams has more experience than Tafa (+150) and is favoured to win by —185 MMA betting odds as a result.

MMA odds for all of the fights on the UFC 247 card are available in the MMA section of our sportsbook, and live odds will be available when the event kicks off.


*Odds as of February 4th, 2020



How to Bet on UFC

The world of combat sports changed forever on November 12, 1993, when the Ultimate Fighting Championship held their first event in front of 7,800 fight fans in Denver. Now they’re the biggest promotion in mixed martial arts, regularly packing large arenas, and even stadiums, thanks to the millions of people around the world who are betting on the UFC. If you’d like a piece of the action, this UFC Betting 101 guide will show you how to bet on MMA fights, plus some tips and tricks to maximize your betting value.


UFC Betting

Unlike other sports that feature a regular season and a playoff, the UFC runs events throughout the year, with the most important ones reserved for pay-per-view and the rest shown on television or UFC Fight Pass. Each card will have about a dozen fights, including preliminaries, with the main event at the top of the card; PPV main events usually have a title on the line, from one of the UFC’s 12 weight divisions (eight male, four female). Here are your options for how to bet on the UFC:


Betting On The UFC

Moneyline Betting on the UFC

Like most head-to-head sports, including boxing and tennis, UFC betting is done using moneyline odds, which are expressed at Bodog Sportsbook using the American odds format. One of the fighters will be the favourite, and the other will be the underdog – unless they have exactly the same odds, in which case, the fight will be a pick ‘em. UFC moneyline odds are fixed odds, no point spread attached; all you have to do is pick the winner. The odds you get at the time you place your bet are the odds used to calculate your payout.


What Are UFC Moneyline Odds?

To further illustrate this concept, here’s the moneyline from one of the most famous fights in UFC history, when Conor McGregor first met Nate Diaz on March 5, 2016 at UFC 196:


  • Diaz                 +300
  • McGregor       –400

McGregor went into this non-title Welterweight bout at the UFC Featherweight champion, and an incredibly popular –400 favorite, paying out $100 for every $400 wagered. With the American odds format, the favorite will always have the negative sign; the underdog usually has the positive sign, as it was in this case with Diaz at +300. In the end, Diaz won this fight via second-round submission, and paid out $300 for every $100 wagered. Smaller and larger bets are allowed, within the minimum and maximum limits at Bodog Sportsbook.


Parlay Betting on the UFC

Chances are you’ll want to bet on more than one fight at a time. If you’re looking for a big payday, you can combine all those bets into a single parlay at Bodog. UFC parlays can feature anywhere from two to 12 moneylines; if you get all your picks right, you get paid exponentially more than you would by placing those bets individually. However, if even one of those picks is wrong, the entire parlay loses. It’s the classic risk/reward scenario in action.


How Do UFC Parlay Bets Work?

To figure out how much you’ll get paid if your parlay cashes in, just multiply the UFC odds for each fight in your combo bet. This can be a little tricky with moneyline odds. You can do it by hand, or by using one of the many parlay calculators available on the internet. Bodog Sportsbook will do the math for you automatically when you’re filling out your bet slip.

For example, the co-main event at UFC 196 was the following Women’s Bantamweight title fight between champion Holly Holm and challenger Miesha Tate:


Tate +240
Holm -310


Holm was the heavy favorite after taking the title in a shocking, yet convincing upset over Ronda Rousey, who had beaten Tate soundly in both their earlier fights. However, it was Tate winning the belt by submission late in the fifth round. If you had bet $50 on Diaz and another $50 on Tate, you would have earned $270 in profit, but combining the two underdogs in a $100 parlay would have paid $720 instead. The more fights you add to a parlay, the bigger the payout – as long as you get all those picks right.


Futures Betting on the UFC

Betting on UFC futures can be a bit confusing compared to other sports, but it’s actually quite simple. Every once in a while, a situation comes up where two fighters might meet in the Octagon, but nothing has been made official just yet. If it’s two big-name fighters, and enough people are buzzing about their potential matchup, UFC futures odds will be posted.


What Is a UFC Futures Bet?

A futures bet in the UFC works exactly the same as a moneyline bet, with a favourite and an underdog shown as above using the American odds format. The only difference is you can’t use futures odds in your UFC parlay.


Prop Betting on the UFC

UFC prop bets (short for proposition bets) ask you to wager on something other than the straight-up winner of a fight. Among the most common UFC props are Margin of Victory, where you bet on whether a fighter will win by TKO/KO/DQ, submission, or decision, and Total Rounds, where you bet on whether the fight will go Over or Under the posted total.

Betting on UFC props gets even busier when there’s a marquee matchup on the card. It’s kind of like the Super Bowl; if the fight’s big enough, you might see props for things like which round the fight will end in, or whether a fighter will win by unanimous decision or majority/split decision.


How to Bet on the UFC

UFC Betting Strategy and Tips

The more you know about mixed martial arts, the better you’ll do at picking a winner. But even if you’re a beginner, you can put the squeeze on your competition by going online and doing some quick research on the two fighters in question. As they say, styles make fights; a well-rounded MMA practitioner will be skilled at both striking and grappling, both on offense and defense. Look for fights where one opponent’s strengths match up well against the other opponent’s weaknesses. In general. someone with black belts in multiple disciplines (say, Brazilian jiu-jistu and Muay Thai) is more likely to prevail against someone with a lesser belt in just one martial art.

You can also find betting value on the UFC props market by paying attention to the weight divisions. Smaller fighters tend to have more stamina, and they don’t pack the same punching power as fighters from the heavier divisions. It makes a big difference; in the lightest UFC division, Women’s Strawweight (up to 115 pounds), roughly 70 percent of fights end in a decision, while the men in the Heavyweight division (206-265 pounds) only go to the judges’ score cards about 25% of the time.


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