UFC 262 Betting Odds: Oliveira vs Chandler Headlines May 15

Charles Oliveira opened as the -138 favorite over Michael Chandler in a bout for the vacant lightweight at the main event of UFC 262.

Last Updated: May 15, 2021 9:30 PM ET
Charles Oliveira UFC
Photo By - USA TODAY Sports

UFC 262 odds are on the board for an exciting fight card on May 15 that will see a new UFC lightweight champion crowned. 

The card is headlined by a fight between Charles Oliveira and Michael Chandler for the vacant lightweight championship belt. UFC odds have Oliveira a -145 favorite, while Chandler comes back at +125.

This should be a very competitive card, with the biggest favorite installed at a modest -200. Here are the UFC betting odds for the main event and every other fight at UFC 262: Oliveira vs Chandler.

UFC 262 odds 


Favorite Odds Underdog Odds Weight Class
Charles Oliveira -125 Michael Chandler +105 Lightweight
Beneil Dariush -150 Tony Ferguson +130 Lightweight
Katlyn Chookagian -135 Viviane Araujo +115 Women's Flyweight
Shane Burgos -155 Edson Barboza +135 Featherweight
Ronaldo Souza -130 Andre Muniz +110 Middleweight
Matt Schnell -165 Rogerio Bontorin +145 Bantamweight
Mike Grundy -120 Lando Vannata +100 Featherweight
Antonina Shevchenko -120 Andrea Lee +100 Women's Flyweight
Jamie Pickett -110 Jordan Wright -110 Middleweight
Gina Mazany -210 Priscila Cachoeira +180 Women's Flyweight
Tucker Lutz -130 Kevin Aguilar +110 Featherweight
Christos Giagos -210 Sean Soriano +180 Lightweight

Odds courtesy of William Hill US as of May 15, 2021.

Covers Writer IconUFC 262 sharp money and line movement report
By Patrick Everson

Latest Oliveira vs Chandler betting action

UPDATE 9:30 P.M. ET SATURDAY: A couple of hours out from the main event, Charles Oliveira is -130 to Michael Chandler's +110 at BetMGM Nevada. Oliveira opened -145 and got as low as -125, and the lightweight title bout also attracted the largest reported play thus far: $100,000 on Chandler +105, a bet made on May 4.

"Tickets agree with the guy who made that bet," BetMGM Nevada's Scott Shelton said. "Tickets are 2/1 in favor of Chandler, and money is roughly 15/1, mainly because of that one bet. Parlay ticket count is more than 2/1 in favor of Chandler, too. It's all Chandler. We definitely need the favorite, and it's the biggest decision of the night."

Latest Ferguson vs Dariush betting action

UPDATE 9:30 P.M. ET SATURDAY: Beneil Dariush opened -150 at BetMGM Nevada, bottomed out at -145, peaked at -180 and is now -165, with Tony Ferguson a +135 underdog. "This one's kind of like the main event. They're playing the 'dog. Tickets are 4/1 and money 2/1 on Ferguson," BetMGM Nevada's Scott Shelton said.

Latest Chookagian vs Araujo betting action

UPDATE 9:30 P.M. ET SATURDAY: Katlyn Chookagian opened -150 and got as low as -135, and she's now -145 at BetMGM Nevada, with Viviane Araujo a +120 'dog. "We had a guy come in who put $50,000 each on a few fights, and this is one of them," BetMGM Nevada's Scott Shelton said. "He took Chookagian at -135. This is our third-biggest decision. Tickets are 2/1 in favor of the favorite and money 3/1 on the favorite."

Latest Burgos vs Barboza betting action

UPDATE 9:30 P.M. ET SATURDAY: The same BetMGM player who fired on Katlyn Chookagian also put $50,000 on Edson Barboza at +130, which is his current price against -155 favorite Shane Burgos. "Tickets are pretty close, a few more on Barboza, and money is 4/1 on Barboza," BetMGM Nevada's Scott Shelton said.

Other UFC 262 betting action

UPDATE 9:30 P.M. ET SATURDAY: In the first matchup on the five-bout main card, Matt Schnell is -170 chalk against +140 'dog Rogerio Bontorin. And again, the big player at BetMGM Nevada weighed in, putting $50,000 on Schnell -170. "The book needs the 'dog," BetMGM Nevada's Scott Shelton said. "Tickets are almost dead even, but there's not much money on the underdog at all." 

Where will UFC 262 take place?

UFC 262 will take place at the Toyota Center in Houston, Texas. This will be the first UFC event held outside of Vegas, Florida, or Abu Dhabi since the start of the COVID-19 pandemic.

Who is fighting at UFC 262?

Besides the main event of Oliveira vs. Chandler, this card is loaded with tons of great fighters. Tony Ferguson vs. Beneil Dariush will take place as the co-main event as both lightweights look to earn a future title shot.

Middleweight contenders Jack Hermansson and Edmen Shahbazyan face off as they try to bounce back from losses, while Katlyn Chookagian and Viviane Araújo will clash in a battle between two highly-ranked women's flyweights. There will also be a banger between featherweights Shane Burgos and Edson Barboza. 

UFC 262 odds for the main and co-main events

Charles Oliveira vs Michael Chandler

Dana White finally seems to have accepted the retirement of former lightweight champ Khabib Nurmagomedov and is putting the 155-pound belt on the line at this event. With Dustin Poirier seeking another big payday with a trilogy fight versus Conor McGregor, Charles "Do Bronx" Oliveira and Michael Chandler have emerged as the pair that will battle for the vacant lightweight title.

Oliveira comes into this fight as a -130 favorite and is riding an eight-fight winning streak. The 31-year-old is fresh off a dominating decision win over Tony Ferguson in December and his previous 10 UFC wins all came by stoppage. With an extensive background in BJJ, Oliveira is one of the best grapplers in the world and holds the UFC record for wins by submission with 14.

Chandler made his highly anticipated UFC debut in spectacular fashion in January, knocking out the No. 6-ranked lightweight Dan Hooker in the first round. Chandler was a three-time lightweight champ at Bellator and holds Bellator records for the most wins and title bouts. The 34-year-old is a very well-rounded fighter who combines excellent wrestling with knockout power and a high-pressure style.  

Where can I bet on UFC odds?

You can bet on UFC odds at most online and casino sportsbooks, including UFC outrights, method of victory, and other props. Head over to our best-suggested sportsbooks for the top spots to bet on UFC odds in your area.

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