Edgar and Diaz Slight Betting Odds Favorites Heading into UFC 143 & UFC 144

The odds for a couple of upcoming main events have been released with a champion and a former champion coming in as slight favorites.

At UFC 143, former Strikeforce welterweight champion Nick Diaz meets former WEC champion Carlos Condit in a battle for the interim UFC welterweight strap.

When the fight was originally released by oddsmaker Nick Kalikas at BetOnFighting.com, Condit opened as a slight favorite at -125 over Diaz.

In just a few hours, however, the betting has already moved the line to install Diaz as a slight betting favorite at -130, while the comeback on Condit is even money.

It’s likely this line could shift several times before the Feb. 4 showdown in Las Vegas.

As for the main event at UFC 144 in Japan, lightweight champion Frankie Edgar will finally experience what it’s like to be a favorite as he goes into a title fight. The New Jersey native has been installed as a -130 favorite over challenger Benson Henderson, who currently comes in at even money as the underdog.

Again, the lines may shift in a fight this close, so Edgar could still end up as the underdog by fight time.

The underdog role has worked out pretty well for Edgar, however. The incumbent champion has been a betting underdog in each of his last four fights, and he didn’t taste defeat in any of them.

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