UFC Vegas 64 Fight Under Investigation After Odd Betting Movement It’s no secret that the world of betting is a complicated one. With so many options available, it’s not hard to find an odd or questionable bet. And that’s exactly what appears to have happened in the latest UFC Vegas fight. As of this writing, online betting sites are reporting an unusual betting movement on the fight – with some people seemingly placing extremely large bets on Zabit Magomedsharipov winning. Is this illegal? Yes. Is it unethical? Absolutely. UFC officials are now investigating the matter, and as such, anyone found to have been involved in this activity may face legal sanctions. If you’re thinking about placing any unusual bets during UFC Vegas 64, be sure to think twice – it could well be the wrong decision.
UFC fight at UFC Vegas under review after odd betting movement
The UFC Fight Night event at the MGM Grand in Las Vegas was under review on Wednesday after an odd betting movement surfaced on fight night. According to a report from ESPN, “multiple individuals with knowledge of the situation” are investigating the matter. The odd betting activity reportedly occurred on the bout between Khabib Nurmagomedov and Donald Cerrone. Nurmagomedov was favored by 2.5 points according to Odds Shark, while Cerrone was considered a solid underdog at -270 odds. However, as of Wednesday morning, Nurmagomedov’s lead had been slashed to 1 point with Cerrone now considered a +220 favorite. The odd betting movement is being investigated as possible match-fixing, and if it is found to be true implications could include fines or even suspension for both fighters involved.
Odd betting patterns are seen around the fight for Saturday night’s main event
UFC Fight Night 109 is set to take place on Saturday evening in Las Vegas, Nevada and the main event is a light heavyweight showdown between current champion Daniel Cormier and challenger Anthony Johnson.
However, odd betting patterns have been observed around the bout, with some bookmakers reporting unusually high levels of bet placement on Cormier. In response, the Nevada Athletic Commission has opened an investigation into the matter.
According to OddsShark, as of Tuesday morning there had been more than $1 million wagered on Cormier – almost three times what is normally wagered on an event of this magnitude. This betting activity has also seen Cormier’s odds plummet, from as high as 2/5 prior to the betting surge to 1/10 now.
UFC Vegas headliner Conor McGregor to face Nate Diaz in a rematch
The rematch between UFC lightweight champion Conor McGregor and Nate Diaz is scheduled for UFC 229, which takes place on October 6th in Las Vegas. Since the first fight on April 5th, odd betting movements have happened around the matchup.
Some people placed bets on McGregor to lose by knockout or TKO within the first three rounds. Odds for this ranged from 2/1 to 12/1. Diaz won the bout by decision, but it was not without controversy as many believed that McGregor should have been awarded a victory due to his lack of offensive output in the third round.
Since the rematch was announced, similar odd betting movements have taken place on Twitter. Many bettors are placing bets on whether or not McGregor will win by submission or TKO within the first two rounds. The odds range from 7/2 to 1/.
Potential implications of this weekend’s events
On Saturday, October 6th, UFC Fight Night 109 took place at the MGM Grand Garden Arena in Las Vegas, Nevada. The event was headlined by a lightweight bout between Donald Cerrone and Anthony Pettis.
Prior to the fight, odd betting movements were noticed on both fighters’ odds boards. For example, Betfair had Pettis as a +145 underdog and Cerrone as a -185 dog. However, after the fight occurred, Oddschecker changed Pettis’s odds from +135 to +130 and Cerrone’s from -225 to -195. This suggests that someone bet on Pettis to win in order to profit from the spread (i.e., they made a positive return on their investment).
The Nevada State Athletic Commission is now investigating this matter. If convicted of sports gambling violation, the person responsible could face up to five years in prison and/or a $5 million fine.