UFC 238 takes place Saturday, June 8 at United Center in Chicago, Illinois. The offshore sportsbooks recently opened up the betting odds for the full card, and here they are.

UFC 238 Opening Odds

Marlon Moraes -185
Henry Cejudo +155

Valentina Shevchenko -1000
Jessica Eye +600

Tony Ferguson -180
Donald Cerrone +150

Petr Yan -215
Jimmie Rivera +165

Tai Tuivasa -165
Blagoy Ivanov +125

Tatiana Suarez -515
Nina Ansaroff +345

Pedro Munhoz -125
Aljamain Sterling -115

Calvin Kattar -165
Ricardo Lamas +125

Karolina Kowalkiewicz -195
Alexa Grasso +155

Xiaonan Yan -135
Angela Hill -105

Bevon Lewis -155
Darren Stewart +115

Eddie Wineland -145
Grigory Popov +105

Joanne Calderwood -175
Katlyn Chookagian +135

And here are my initial thoughts on the UFC 238 Opening Odds:

  • The main event between Moraes and Cejudo for the vacant bantamweight belt should be one hell of a fight. Moraes is on a four-fight win streak and is coming off of three consecutive finishes over Raphael Assuncao, Jimmie Rivera and Aljamain Sterling. Cejudo, meanwhile, is also riding a four-fight win streak and is coming off of back-to-back wins over TJ Dillashaw and Demtrious Johnson. They are both incredible fighters at the top of their games, but given Moraes’ success at 135lbs he deserved to open as the favorite. That being said, it looks like the oddsmakers opened the line a bit too high as it’s a Pick ’em now, though still with a slight lean to Moraes.
  • The co-main event, on the other hand, appears to be a mismatch of epic proportions. Shevchenko opened as a gigantic favorite and she’s actually a bigger favorite at the current line of -1400 than she was at open. That should tell you all know you need to know what bettors think about Eye, who is getting absolutely no respect here. Eye is a decent fighter, but as the line suggests this should be a blowout win for the UFC women’s flyweight champ.
  • The other big fight on the card is a very exciting lightweight bout between Ferguson and Cerrone. As good as Cerrone’s looked lately during his three-fight win streak, Ferguson has won 12 straight fights himself and hasn’t lost since 2011. Ferguson opened as a big favorite and while the line has dropped somewhat he should still enter as a comfortable favorite heading into the bout. That being said, you can’t count Cerrone out of this fight.
  • The bantamweight bout between Yan and Rivera should also be intriguing, but the super prospect Yan opened as a big favorite. It’s hard to say he doesn’t deserve it considering how dominant he’s been so far in the UFC, but Rivera is a solid veteran of the sport and shouldn’t be completely dismissed.
  • The other bantamweight bout between Munhoz and Sterling opened as essentially a Pick ’em with a slight lean towards Munhoz. Considering Munhoz is coming off of a TKO win over Cody Garbrandt it’s not surprising to see him favored here, but Sterling has looked great lately too. Both of these bantamweight bouts should be very interesting to watch unfold.
  • And finally, the women’s strawweight bout between Suarez and Ansaroff also appears to be a mismatch with Suarez as a huge favorite. Ansaroff has surprised lately with her wins, but Suarez looks like a future champion.

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