Lightweight Champion Charles Oliveira (-145) missed weight on Friday and became the first champ stripped of the title for missing weight. Justin Gaethje (+115) can still win the title if he wins. The UFC 274 odds swing 30 points in favor of the challenger as a result.
A pair of UFC championship belts will be on the line when the UFC makes its first stop at Footprint Center in Phoenix, Arizona, in over three years for UFC 274 on Saturday, May 7. The UFC 274 main event features a battle for the UFC lightweight crown as champion Charles Oliveira steps into the Octagon to face top-ranked contender Justin Gaethje.
The ladies seize the spotlight in the co-main event of the evening, as Rose Namajunas looks to defend her UFC women’s strawweight belt in a long-awaited rematch with former champion Carla Esparza.
The first prelim fight of the evening is scheduled for 8 p.m. ET, with the main card set to get underway at 10 p.m. ET on PPV. And in the UFC 274 odds for the main event of the evening, Charles Oliveira has maintained his perch since opening as the betting favorite.
UFC 274: Oliveira vs Gaethje Betting Notes
Charles Oliveira returns to the Octagon for the first time since defending his UFC lightweight title in record-setting fashion with a victory over Dustin Poirier at UFC 269.
Unsuccessful in his bid for the undisputed UFC lightweight title when he faced Khabib Nurmagomedov at UFC 254, Justin Gaethje rebounded with a unanimous-decision win over Michael Chandler, and will be gunning for his sixth win in seven outings.
For even more UFC 274 betting information see who Joe Osborne is backing this weekend.
UFC 274: Oliveira vs Gaethje Odds
The champion is a -145 favorite since opening at -155, while Gaethje has moved to a +115 underdog in the Oliveira vs Gaethje odds currently available at BetUS. That means you must wager $145 on Oliveira to claim potential winnings of $100, while a successful $100 bet on Gaethje will generate a $115 payday.
According to our sports betting calculator, Oliveira’s short odds translate to an implied win probability of 59.18 percent, while Gaethje’s betting line translates to an implied win probability of just 46.51 percent.
If you’re looking for the biggest underdog in the UFC 274 odds, Cameron VanCamp is your man, pegged as a +325 underdog in his date with Andre Fialho.
The tightest odds can be found in the prelims, with welterweights Francisco Trinaldo (-120) and Danny Roberts (-110) in a near pick’em. Welterweights Randy Brown (-110) and Khaos Williams (-120) share the same line.
UFC 274 Betting Odds & Fight Card
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Charles Oliveira vs Justin Gaethje Odds & Picks
Despite enjoying a 10-fight win streak that has lifted him to the top of the UFC lightweight division, Charles Oliveira (-145) will enter the Octagon sporting negative odds for just the second time in five outings. However, he likely faces the toughest test of his win streak against Gaethje (+115), who has recorded a trio of finishes inside five minutes during his current 5-1 run.
Prediction: Justin Gaethje (+115)
For more information on this fight, see our Oliveira vs Gaethje odds article.
Rose Namajunas vs Carla Esparza Odds & Picks
Rose Namajunas (-220) will be aiming to successfully defend her UFC women’s strawweight title for a second time when she enters the Octagon at UFC 274. “Thug Rose” returns to action after eking out a split-decision win at UFC 268 over Zhang Weili, the woman she took the belt from with a stunning first-round finish at UFC 261.
Carla Esparza (+175) has been idle since extending her current win streak to five fights with a second-round TKO win over Yan Xiaonan at UFC Fight Night: Font vs Garbrandt. That also marked the first time she has finished an opponent since her submission victory over Namajunas in 2014.
Prediction: Carla Esparza (+175)
For more information on this championship bout, see the Namajunas vs Esparza odds analysis.
Michael Chandler vs Tony Ferguson Odds & Picks
Michael Chandler (-400) aims to bounce back after seeing a streak of three straight first-round finishes snapped by back-to-back losses to Charles Oliveira and Justin Gaethje. Tony Ferguson (+300) is also picking up the pieces in the wake of three straight losses. After falling to Oliveira and Gaethje, Ferguson dropped a unanimous decision to Beneil Dariush last time out at UFC 262.
Prediction: Michael Chandler (-400)
For a more in-depth look at this bout, see the Ferguson vs Chandler odds article.
Mauricio Rua vs Ovince Saint-Preux Odds & Picks
Ovince Saint-Preux (-250) looks to rebound from consecutive losses as he battles fellow heavyweight Mauricio Rua (+200).
Prediction: Mauricio Rua (+200)
Donald Cerrone vs Joe Lauzon Odds & Pick
Donald Cerrone (-180) saw his epic winless slide extend to six fights in his last outing, a stunning first-round TKO defeat at the hands of Alex Morono at UFC Vegas 26. “Cowboy” looks to get back on track when he faces fellow lightweight Joe Lauzon (+150), who returns to the Octagon for the first time since October 2019.
Prediction: Donald Cerrone (-180)
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