UFC on ESPN 8 odds

UFC on ESPN 8, also known as UFC on ESPN: Overeem vs. Harris, and UFC Jacksonville will be held on May 16 at VyStar Veterans Memorial Arena in Jacksonville, Florida.

Below are The Odds, courtesy of Joey Oddessa. Follow the Father of MMA Odds on Twitter.

ALISTAIR OVEREEM    +116    
WALT HARRIS    -146    

CLAUDIA GADELHA    -213    
ANGELA HILL    +163    

EDSON BARBOZA    -130    
DAN IGE    EV    

ERYK ANDERS    +125    
KRZYSZTOF JOTKO    -155    

SONG YADONG    -172    
MARLON VERA    +142    

ANTHONY HERNANDEZ    -120    
KEVIN HOLLAND    -110    

MIKE DAVIS    -215    
GIGA CHIKADZE    +165    

CORTNEY CASEY    -155    
MARA ROMERO BORELLA    +125    

DARREN ELKINS    -130    
NATE LANDWEHR    EV    

RODRIGO NASCIMENTO    -111    
DON'TALE MAYES    -119    

MATT BROWN    +144    
MIGUEL BAEZA    -174

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 an example:

ALISTAIR OVEREEM    +116    
WALT HARRIS    -146   

In this fight, Harris is the -146 favorite, meaning if you bet $146 on him and he wins, you would profit $100. If he were to lose though, you would lose the full $146.

If you were to bet on 'Reem at +1166 if you bet $100 on him and he wins the fight, you will profit $116 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.

And they say never bet until the weigh-ins.

Reem, Guydelha, Song are good odds.

Matt Brown is good value as well.