UFC 235: Jones vs. Smith will be held on Saturday, March 2 at T-Mobile Arena in Las Vegas, Nevada.

These are The Odds, courtesy of Joey Oddessa. Follow him on Twitter.

Main Card (Pay-per-view, 10 p.m. ET)

ANTHONY SMITH +550
JON JONES -900

KAMARU USMAN +142
TYRON WOODLEY -172

ROBBIE LAWLER +215
BEN ASKREN -295

TECIA TORRES +110
WEILI ZHANG -140

PEDRO MUNHOZ +125
CODY GARBRANDT -155

Late Prelims (ESPN, 8 p.m. ET)

JEREMY STEPHENS +195
ZABIT MAGOMEDSHARIPOV -275

JOHNNY WALKER -155
MISHA CIRKUNOV +125

ALEJANDRO PEREZ +162
SONG YADONG -202

DIEGO SANCHEZ +177
MICKEY GALL -237

Early Prelims (UFC Fight Pass, 6:30 p.m. ET)

CHARLES BYRD +115
EDMEN SHAHBAZYAN -145

GINA MAZANY +342
MACY CHIASSON -542

HANNAH CIFERS +191
POLYANA VIANA -271

How Fight Odds Work

Unlike a spread on a football game where one team is getting a certain amount 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 understood via example:
ANTHONY SMITH +550
JON JONES -900

In this fight, Bones is the -900 favorite, meaning if you bet $900 on him and he wins, you would only profit $100. If he were to lose though, you would lose the full $900.

If you were to bet on Smith at +550, if you bet $100 on him and he wins the fight, you will profit $550. 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 will 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. 

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