McGregor, Holm betting favourites on UFC 246 odds

Conor McGregor motions to the crowd during a news conference for a UFC 246 mixed martial arts bout. (John Locher/AP)

Conor McGregor will be looking to record his first victory in the octagon in over three years when he takes on Donald Cerrone on Saturday in the UFC 246 main event as a -325 favourite on the UFC odds at sportsbooks monitored by OddsShark.com.

McGregor last saw at action in October 2018 at UFC 229, when he suffered a fourth-round submission loss to Khabib Nurmagomedov at +215 odds that marked his second defeat in his past four fights going into Saturday night’s bout at T-Mobile Arena.

The 31-year-old Irishman’s last victory came at UFC 205, where he claimed the UFC lightweight championship with a second-round TKO win over Eddie Alvarez as -170 chalk. McGregor was subsequently stripped of that title due to inactivity, and will make his return to the UFC welterweight division in Saturday’s contest. McGregor has fought just twice previously as a welterweight, splitting a pair of epic clashes with Nate Diaz in 2016, capped by a slim majority decision victory as a -150 bet at online sports betting sites.

With five fights in the past 14 months Cerrone has maintained a far busier schedule than McGregor, but with losses in his past two outings he is pegged as a +250 underdog for Saturday’s bout.

Cerrone failed to make it out of the first round in his last outing, suffering a TKO loss to Justin Gaethje at UFC Fight Night 158. That defeat came on the heels of a second-round TKO loss to former interim UFC lightweight champion Tony Ferguson back in June at UFC 238.

Cerrone has also produced mixed results when fighting as a welterweight. The 36-year-old American has posted three first-round victories while fighting at 170 pounds, with his most recent victory coming by submission over Mike Perry just 4:46 into their battle at UFC Fight Night 139. Cerrone also earned a Performance of the Night bonus while paying out as a +170 underdog in his victory over Perry, but has also suffered a pair of TKO losses while going 6-4 in 10 welterweight matchups.

Elsewhere on the UFC 246 odds for Saturday, Holly Holm will try to revive her fading UFC fortunes when she takes on Raquel Pennington in a women’s bantamweight matchup as a -140 favourite. Holm has fallen to defeat in five of her last seven outings, while Pennington vies for consecutive wins for the first time in four years pegged as a +110 underdog.

As well, Cláudia Gadelha battles Alexa Grasso as narrow -120 chalk in a clash of women’s strawweights, while Maurice Greene is pegged as a -135 wager in his heavyweight tilt with Aleksei Oleinik.

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