UFC on ESPN+ 33, also known as UFC Vegas 8, UFC Fight Night: Smith vs. Rakic, and UFC Fight Night 175, will be held on Saturday, August 29, at the UFC APEX in Las Vegas, Nevada.

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

ANTHONY SMITH +197
ALEKSANDAR RAKIC -277

ROBBIE LAWLER +194
NEIL MAGNY -254

JI YEON KIM +219
ALEXA GRASSO -299

BILL ALGEO +221
RICARDO LAMAS -301

MAKI PITOLO +109
IMPA KASANGANAY -139

ALESSIO DI CHIRICO -132
ZAK CUMMINGS +102

AUSTIN SPRINGER +165
ALEX CACERES -215 

CHRISTIAN AGUILERA +316
SEAN BRADY -441

EMILY WHITMIRE -134
POLYANA VIANA +104

HANNAH CIFERS +231
MALLORY MARTIN -311

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 example:

ANTHONY SMITH +197
ALEKSANDAR RAKIC -277

In this fight, Rakic is the -277 favorite, meaning if you bet $277 on him and he wins, you would profit $100. If he were to lose though, you would lose the full $277.

If you were to bet on Smith at +197 if you bet $100 on him and he wins the fight, you will profit $197. 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 some say never bet until the weigh-ins, which streamed live on the UG on Friday at Noon ET.