This weekend’s UFC 246 is a strong bookmaking and betting match. Both the moneyline and prop menu offer different incentives to each side.
The return of Conor “Notorious’ McGregor from a 15-month layoff to battle Donald “Cowboy” Cerrone Saturday at T-Mobile Arena in Las Vegas is more than a battle of high-profile performers, ranked number four and five in the lightweight division.
There are enough questions regarding each fighter — McGregor’s layoff and Cerrone’s history of taxing bouts — to open significant betting variables. Does McGregor, who claims he will make $80 million on this fight because of incentives, still have the hunger? He lost his last bout and has lucrative businesses outside of UFC. Cerrone lost his last two fights but has battled five times during McGregor’s layoff.
Jan 18, 2020 McGregor is 1/3 to win the fight while Cerrone can be found at a much bigger price at 12/5 to cause an upset. Cerrone is a dangerous opponent for the Irishman as he boasts the most wins ever in. McGregor is coming off a loss at UFC 229 and still has to go before the Nevada State Athletic Commission as a result of the melee that ensued after that loss to Khabib Nurmagomedov. However, if they are to go to battle, it is McGregor who is a -185 favorite with Cerrone coming back at +150. Perhaps the biggest name in the UFC, Conor “Notorious” McGregor, is making his much-anticipated return at UFC 246 on January 18 at T-Mobile Arena in Las Vegas. The former “champ champ” is taking on fan favorite Donald “Cowboy” Cerrone in the main event. McGregor is a -310 favorite at Bovada with Cerrone coming back at +240. Be sure to check out my preview and picks page for UFC 246 and if you’re looking to see how to bet on McGregor vs Cerrone, we also.
To commemorate their scheduled five-round bout, here are five of the best ways to bet UFC 246. This outlook represents methods and strategy, even more than particular wagers, because there are hundreds of props at major betting operators like DraftKings Sportsbook, FanDuel Sportsbook, BetMGM and PointsBet.
Round One: Forget the moneyline for McGregor backers. He is laying in the vicinity of +300 (3-to-1) at the books. Wagering $300 to win $100? Not sexy. There are fertile opportunities for him in the prop field.
Round Two: Absolutely play the win line if you like Cerrone, at returns averaging roughly +250. Props are fine to supplement, but this is like taking the win line at the Kentucky Derby on a 5-2 pick. If you like this, hit the win-line hard and place less on the props (which would resemble the exactas and trifectas of the horse-racing world). Nothing frustrates a bettor more than having the right selection, but betting it incorrectly.
Round Three: Narrow the focus. Books have an enticing prop menu. But you can’t get lost in them, diverting the bankroll. There are numerous victory and method props, over/under and knockout rounds, even the unlikely draw. But they can overlap. Know where you have aimed the money.
Round Four: Determine your operation. A safe build-out can start from picking two-round group packages for when the bout ends. A rounds bet or method prop can be added. Or do you want to go for a slam, betting one prop heavy in search of the big score? Know how much of the landscape you want to travel.
Round Five: The accent piece. Seek a strange angle and place a small bet. McGregor has only lost twice in the UFC. But both times were by submission. Including his last fight. There are long odds on a submission finish in this fight because both fighters are excellent strikers. That’s why the submission prop pays well.
Honorable Mention: Holly Holm and Raquel Pennington fight on the undercard in a rematch of a previous split decision victory by Holm. The books back a long battle, probably a decision. Any fighter on the moneyline at DraftKings (at -137 for Holm, + 110 for Pennington) is not a bad play. Odds of a knockout are in the range of +1000 (10-to-1) on both sides.
The Line: McGregor -315, Cerrone +250
The over-under for the fight is 1.5 rounds, which is also reflected in the range-of-finish props. Bettors lay +150 if the fight ends inside of two rounds. The payout is +375 for rounds 3-4 and a draw is +5000.
Extending to individual fighters, McGregor’s winning rounds range from +175 in round one to +2500 in the fifth. Cerrone also pays 25-1 in round 5 but would return 11-1 for a first-round victory. Translation: McGregor will try to and win early and if Cerrone turns the tables, it will pay handsomely.
A McGregor win inside of two rounds is -115 but a KO in round two pays +650. Victory for him in the round 3-4 package is worth +650, but Round 3 is +1500 and Round 4 is +1900.
For Cerrone backers, individual rounds knockouts return from 22-1-50-1 from rounds 1-5. Submissions return 22-1 to 40-1, depending upon the round.
The line: McGregor -290, Cerrone +220
The prop line suggests an early McGregor knockout, at -210.
McGregor on points is +1000 and a submission is +3200. Cerrone returns +700 for a knockout, +950 for a decision and +700 for a submission.
McGregor’s range of knockout victories returns +175 for Round 1 up to +2900 for Round 5. Cerrone’s payouts are +2400 for the opening round and +5500 for a stoppage in Round 5. Cerrone also pays +5500 for a submission triumph in Round 5.
Will the fight go the distance? Yes is +440 and the bettor would not have to sweat out who wins.
The line: McGregor -334, Cerrone +260
McGregor’s victory spectrum ranges from +170 in Round 1 to +2200 in the fifth.
Cerrone has a similar payout, +2500, for a round-five win. The major difference between them is early, where Cerrone would return +1100 for a first-round victory.
This is a unique menu because it offers half-rounds. The over-under hits the even-money area at 1.5 rounds. That would pay +100 for the over and -121 for the under.
As the rounds progress, the expected stoppage changes the numbers to over 2.5 rounds at +187 and under at -250. Want to try 3.5 rounds? That’s +240 for the over and -358 for the under. Over 4.5 rounds and a full fight exceed +400 on the over and -500 and -589 on the under. Translation: the appeal for the under dies after the first round.
The line: McGregor -286, Cerrone +230
Some sweet spots for McGregor are specific round props. McGregor knockout victories in Round 3 (+ 750) and Round 4 (+1200) provide a 10-minute window for McGregor to provide a good return. Putting money on EACH of the rounds and taking a smaller payout is a reasonable way to go for anyone believing in a mid-rounds stoppage for McGregor.
Cerrone backers would receive +750 for a knockout win, +500 for a submission and +950 for a points verdict. Cowboy bettors would score a boatload, +8000, should Cerrone submit McGregor during the fifth round.
This article was originally posted Tuesday. Odds are subject to change. For current odds, click the sportsbook links above.
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UFC 246 McGregor vs Cowboy Matchup Odds according to Bovada Sportsbook
Schedule for January 18th, 2020
Location: T-Mobile Arena, Las Vegas, Nevada, United States
January 18, 2020
J.J. Aldrich vs Sabina Mazo
Fight Winner
J.J. Aldrich -115
Sabina Mazo -115
Ode Osbourne vs Brian Kelleher
Fight Winner
Ode Osbourne -150
Brian Kelleher +120
Tim Elliott vs Askar Askarov
Fight Winner
Tim Elliott +120
Askar Askarov -150
Aleksa Camur vs Justin Ledet
Fight Winner
Aleksa Camur -125
Justin Ledet -105
Nasrat Haqparast vs Drew Dober
Fight Winner
Nasrat Haqparast -340
Drew Dober +260
Sodiq Yusuff vs Andre Fili
Fight Winner
Sodiq Yusuff -145
Andre Fili +115
Maycee Barber vs Roxanne Modafferi
Fight Winner
Maycee Barber -850
Roxanne Modafferi +525
Diego Ferreira vs Anthony Pettis
Fight Winner
Diego Ferreira -210
Anthony Pettis +170
Aleksei Oleinik vs Maurice Greene
Fight Winner
Aleksei Oleinik -105
Maurice Greene -125
Holly Holm vs Raquel Pennington
Fight Winner
Holly Holm -140
Raquel Pennington +110
Conor McGregor vs Donald Cerrone
Fight Winner
Conor McGregor -300
Donald Cerrone +230
Bet on UFC 246 McGregor vs Cowboy Matchup Las Vegas Odds at Bovada Sportsbook.
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UFC 246 McGregor vs Cowboy Matchup Odds according to Bovada Sportsbook
Schedule for January 18th, 2020
Location: T-Mobile Arena, Las Vegas, Nevada, United States
January 7, 2020
J.J. Aldrich vs Sabina Mazo
Fight Winner
J.J. Aldrich -120
Sabina Mazo -110
Ode Osbourne vs Brian Kelleher
Fight Winner
Ode Osbourne -135
Brian Kelleher +105
Tim Elliott vs Askar Askarov
Fight Winner
Tim Elliott -105
Askar Askarov -125
Aleksa Camur vs Justin Ledet
Fight Winner
Aleksa Camur -125
Justin Ledet -105
Grant Dawson vs Chas Skelly
Fight Winner
Grant Dawson -260
Chas Skelly +200
Nasrat Haqparast vs Drew Dober
Fight Winner
Nasrat Haqparast -325
Drew Dober +250
Sodiq Yusuff vs Andre Fili
Fight Winner
Sodiq Yusuff -135
Andre Fili +105
Maycee Barber vs Roxanne Modafferi
Fight Winner
Maycee Barber -1000
Roxanne Modafferi +600
Diego Ferreira vs Anthony Pettis
Fight Winner
Diego Ferreira -250
Anthony Pettis +195
Claudia Gadelha vs Alexa Grasso
Fight Winner
Claudia Gadelha -125
Alexa Grasso -105
Aleksei Oleinik vs Maurice Greene
Fight Winner
Aleksei Oleinik +110
Maurice Greene -140
Holly Holm vs Raquel Pennington
Fight Winner
Holly Holm -145
Raquel Pennington +115
Conor McGregor vs Donald Cerrone
Fight Winner
Conor McGregor -325
Donald Cerrone +250
UFC 246 McGregor vs Cowboy Matchup Odds according to Bovada Sportsbook
Schedule for January 18th, 2020
Location: T-Mobile Arena, Las Vegas, Nevada, United States
December 24, 2019
Conor McGregor vs Donald Cerrone
Fight Winner
Conor McGregor -250
Donald Cerrone +195
Aleksa Camur vs Justin Ledet
Fight Winner
Aleksa Camur -150
Justin Ledet +120
Aleksei Oleinik vs Maurice Greene
Fight Winner
Aleksei Oleinik -120
Maurice Greene -110
Claudia Gadelha vs Alexa Grasso
Fight Winner
Claudia Gadelha -140
Alexa Grasso +110
Diego Ferreira vs Anthony Pettis
Fight Winner
Diego Ferreira -250
Anthony Pettis +195
Grant Dawson vs Chas Skelly
Fight Winner
Grant Dawson -190
Chas Skelly +155
Holly Holm vs Raquel Pennington
Fight Winner
Holly Holm -145
Raquel Pennington +115
J.J. Aldrich vs Sabina Mazo
Fight Winner
J.J. Aldrich -120
Sabina Mazo -110
Maycee Barber vs Roxanne Modafferi
Fight Winner
Maycee Barber -850
Roxanne Modafferi +525
Nasrat Haqparast vs Drew Dober
Fight Winner
Nasrat Haqparast -285
Drew Dober +225
Ode Osbourne vs Brian Kelleher
Fight Winner
Ode Osbourne EVEN
Brian Kelleher -130
Sodiq Yusuff vs Andre Fili
Fight Winner
Sodiq Yusuff -150
Andre Fili +120
Tim Elliott vs Askar Askarov
Fight Winner
Tim Elliott -105
Askar Askarov -125
UFC 246 McGregor vs Cowboy Matchup Odds according to Bovada Sportsbook
Schedule for January 18th, 2020
Location: T-Mobile Arena, Las Vegas, Nevada, United States
December 9, 2019
Conor McGregor vs Donald Cerrone
Fight Winner
Conor McGregor -235
Donald Cerrone +185
UFC 246 McGregor vs Cowboy Matchup Odds according to Bovada Sportsbook
Schedule for January 18th, 2020
Location: T-Mobile Arena, Las Vegas, Nevada, United States
December 4, 2019
Conor McGregor vs Donald Cerrone
Fight Winner
Conor McGregor -235
Donald Cerrone +185
UFC 246 McGregor vs Cowboy Matchup Odds according to Bovada Sportsbook
Schedule for January 18th, 2020
Location: T-Mobile Arena, Las Vegas, Nevada, United States
November 29, 2019
Conor McGregor vs Donald Cerrone
Fight Winner
Conor McGregor -230
Donald Cerrone +180
Bet on UFC 246 McGregor vs Cowboy Matchup Las Vegas Odds at Bovada Sportsbook.
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