UFC 296 Odds: Leon Edwards Is The -160 Betting Favorite To Beat Colby Covington

UFC 296 Odds: Leon Edwards Is The -160 Betting Favorite To Beat Colby Covington – originally posted on Sportslens.com

With Leon Edwards vs Colby Covington headlining UFC 296 on Saturday, we are putting the bout under the microscope by weighing up who the favorite is to win the fight. We also take a look at the best UFC 296 odds ahead of this compelling UFC Welterweight Title contest.

Who Is Favorite To Win The Leon Edwards vs Colby Covington Bout?

UFC fans from all around over the globe are on the edge of their seats, eagerly awaiting this huge UFC 296 pay-per-view on Saturday night. Leon Edwards vs Colby Covington headlines at the T-Mobile Arena, Las Vegas, Nevada, with the winner lifting the coveted UFC Welterweight Title post-fight.

This fight is a truly compelling match up, with so many narratives going into the bout. Can Colby Covington win the full UFC Welterweight Title at the third time of asking? Or will Leon Edwards continue his reign as the best 170-pound fighter on the planet?

In the lead up to the fight, there are various different betting markets for UFC fans to wager on. Take a look at BetOnline’s extensive sportsbook and find a market that is perfect for you ahead of UFC 296. Some markets include method of victory, under/over rounds, round betting and fight outright amongst many others.

As you can see with the prices below, Leon Edwards is the best US sportsbooks favorite to win the fight. Colby Covington is the betting underdog here, which comes as no surprise given the fact he has been absent from the octagon for 21 months.

Edwards to win by decision is the most likely outcome (+160) with him winning the fight via KO/TKO (+375) seen as the next most likely outcome. For Covington to win, price-setters feel he is more likely to win the fight via decision (+240) than he is to win the fight by knockout (+750) or submission (+1100).

Overall, judging by these odds, there is a 61.5% chance that Leon Edwards reigns supreme and beats Colby Covington this weekend in their highly anticipated main event bout at UFC 296 for UFC gold.

There is a 41.7% implied probability chance that the ‘Chaos’ beats the champion judging by the UFC betting apps latest UFC 296 outright odds. However, it wouldn’t be the first time a betting underdog proved to sportsbooks wrong and defied their odds.

You can back the #4 ranked 170-pound UFC fighter as the +140 underdog purely just to win the fight outright against ‘Rocky’ this Saturday night.

UFC 296 Odds

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Check out the chart below for the best Edwards vs Covington odds from BetOnline, one of the best offshore sportsbooks.

Leon Edwards to Win: -160
Leon Edwards to Win by KO/TKO: +375
Leon Edwards to Win via Submission: +1000
Leon Edwards to Win by Decision: +160
Colby Covington to Win: +140
Colby Covington to Win by KO/TKO: +750
Colby Covington to Win via Submission: +1100
Colby Covington to Win by Decision: +240
Draw: +8000

Note: Odds are correct at the time of publication and are subject to change

Given the implied probability and moneyline odds, it seems that Leon Edwards is on paper the favorite to be victorious on Saturday night. The value in backing the English MMA phenom to just win the fight outright is relatively poor, but backing him to either win the fight via KO/TKO, submission or decision presents great value to UFC bettors.

Prior to the UFC 296 main event, Leon Edwards is the -160 betting favorite with the best UFC betting sites. Colby Covington on the other hand goes into the bout as the +140 underdog with the best offshore sportsbooks.

Fancy betting on UFC 296? Then check out our exclusive Leon Edwards vs Colby Covington betting picks & predictions.

Be sure to also check out the free UFC 296 live stream that will be airing the full card from the T-Mobile Arena on Saturday night. Not to mention a specific Leon Edwards vs Colby Covington live stream on top of this.