UFC 240: Holloway vs. Edgar will take place on Saturday, July 27 at Rogers Place in Edmonton, Alberta, Canada.

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

FRANKIE EDGAR +255
MAX HOLLOWAY -355

FELICIA SPENCER +350
CRISTIANE CYBORG -550

SEUNG WOO CHOI -120
GAVIN TUCKER -110

SARAH FROTA +115
GILLIAN ROBERTSON -145

ERIK KOCH -110
KYLE STEWART -120

OLIVIER AUBIN-MERCIER +130
ARMAN TSARUKYAN -160

ALEXIS DAVIS +162
VIVIANE ARAUJO -192

ALEXANDRE PANTOJA -125
DEIVESON FIGUEIREDO -105

MARC-ANDRE BARRIAULT +145
KRZYSZTOF JOTKO -175

NIKO PRICE +260
GEOFFREY NEAL -360

YOSHINORI HORIE +297
HAKEEM DAWODU -397

How Odds Work

Unlike a spread on an NFL 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 explained via example:

FRANKIE EDGAR +255
MAX HOLLOWAY -355

In this fight, Blessed is the -355 favorite, meaning if you bet $355 on him and he wins, you would only profit $100. If he were to lose though, you would lose the full $355.

If you were to bet on Frankie at +255, if you bet $100 on him and he wins the fight, you will profit $255. If she 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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