Bet $1 To Win $100 On UFC 262 At DraftKings

Posted on May 14, 2021 - Last Updated on June 3, 2021

UFC 262 takes place this Saturday, May 15 featuring a main card title fight between lightweights Charles Oliveira (-134) and Michael Chandler (+110).

New bettors can take their first swing at sports wagering by opting in for a no-brainer boost on the fight at DraftKings Tennessee Sportsbook.

Bet $1 to win $100 on UFC 262 at DraftKings

From now until the start of Saturday night’s main event, DraftKings is offering new users the chance to bet $1 to win $100 on either Oliveira or Chandler to win.

In order to qualify, users must deposit $5 or more into their new account. After the deposit is made, users will be gifted a single-use odds boost of +10000 to use on the moneyline of either title fight contestant.

You must select the boost from your betslip before placing a wager, and the max bet is $1.

Current users can get in on the fun, too

New users aren’t the only ones eligible for fight night promos, however.

DraftKings is throwing a 1-2 punch by extending a 26% boost on a 2+ leg parlay to current users.

This promo can be used on any UFC fights with odds of -200 or longer between now and the main bout.

Users can wager up to $50 with this boost, amounting to maximum winnings of $250.

Oliveira vs. Chandler quick stats

A total of 60 fighters take to the octagon at the Toyota Center in Houston, Texas for UFC 262, culminating in five main card events. The night’s main event features a bout for the UFC lightweight title, which has been vacant since previous champ Khabib Nurmagomedov retired.

Saturday night’s match marks Oliveira’s first shot at the title since joining the UFC over a decade ago. The veteran boasts a bevy of other records and awards, however. The Brazilian fighter owns the UFC record for most submissions at 14.

In addition, he holds 10 “Performance of the Night” awards and ties Donald Cerrone at 16 for the most finishes in UFC history. Oliveira hit a hot streak in 2018, claiming eight back-to-back wins in the octagon – including five submissions and two knockouts.

Chandler is fresh meat in the octagon, having only joined the UFC eight months ago. The 35-year-old, three-time Bellator champion enters the fight as an underdog. During his UFC debut this January, Chandler made quick work of Dan Hooker in the first round.

As a result of that victory, Chandler now has a chance at the UFC title. With only one UFC fight under his belt, some believe this match comes too early in the newcomer’s career. In such a talented division, though, this could be a once-in-a-lifetime opportunity. Chandler looks to come out fists flaring and continue his short UFC history with a second victory.

Oliveira vs. Chandler UFC 262 odds

Along with traditional moneyline wagers, bettors can also wager on the over/under of the fight’s total rounds, whether or not the fight will go the distance, and whether a fighter will win by decision. Odds for the latter two wagers are steep though, given each fighter’s history.

Out of the two contestant’s 66 combined fights, only 11 of them have gone to decision. Chandler has never lost by submission in his MMA career. In total, Oliveira has found himself at a loss by knockout four times.

Here’s a look at UFC 262 odds for some of the fight’s most popular wagers at DraftKings:

  • Oliveira by (T)KO or DQ: +450
  • Oliveira by Submission: +195
  • Oliveira by Decision: +550
  • Chandler by (T)KO or DQ: +210
  • Chandler by Submission: +1400
  • Chandler by Decision: +500
  • Tie: +6600

Alternate lines are also available at DraftKings, where bettors can wager on the winning round a handful of different ways.

Photo by Associated Press
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Alec Cunningham

As a college athlete, Alec Cunningham played Division II golf at Tusculum University. She graduated in 2015 with a bachelor’s degree in Journalism and Professional Writing. She then returned to her love of written word in 2000 after working in the music industry as a concert promoter, tour manager and artist developer. As a journalist, she's covered a variety of topics and currently specializes in Tennessee online sports betting and Virginia casino news. She served as a panelist at this year's All American Sports Betting Summit, discussing the ever-evolving role of women in the gambling industry.

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