That's crazy. Do we even have a bracket yet? I noticed they are also giving lines for each fighter to win the 1st round.. and without knowing an opponent?
One thing to always keep in mind when looking at betting odds, the odds do NOT reflect who the bookie thinks will win. The bookie sets odds so that he spreads the action. He wants half his bets (technically his exposure) to be on one side, and half on the other side of any line he offers. That way there is no volatility and he gets his 10-15% vig no matter who wins. (Losers pay for the winners plus some left over for the house)
So these odds reflect who this odds-maker anticipates people are going to bet on.
One thing to always keep in mind when looking at betting odds, the odds do NOT reflect who the bookie thinks will win. The bookie sets odds so that he spreads the action. He wants half his bets (technically his exposure) to be on one side, and half on the other side of any line he offers. That way there is no volatility and he gets his 10-15% vig no matter who wins. (Losers pay for the winners plus some left over for the house)
So these odds reflect who this odds-maker anticipates people are going to bet on.