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- What: UFC 309 Co-Main Event
- Who: Charles Oliveira vs. Michael Chandler 2
- Date: Saturday, November, 16, 2024
- Location: Madison Square Garden in NY, NY
- Time: Early Prelims (6:00 p.m. ET), Prelims (8:00 p.m. ET), Pay-Per-View Card (10:00 p.m. ET)
- How to Watch: Early Prelims (ESPN+) Prelims (ESPNews), Main Card (ESPN+ PPV)
The return of UFC heavyweight champion Jon Jones occurs in the main event of UFC 309. Jones, who claimed the vacant UFC heavyweight crown in March 2023 with a submission of Ciryl Gane, faces Stipe Miocic, the only man to defend the UFC heavyweight title three times, at Madison Square Garden in New York City on Saturday, November 16. In the UFC 309 co-main event, former UFC lightweight champ Charles Oliveira faces Michael Chandler in a rematch. Here is some background on the fighters before we look at the betting odds, picks, and predictions for the UFC 309 co-main event.
Charles Oliveira (34-10-0-1) is 3-2 since he knocked out Chandler at UFC 262 to claim the vacant UFC lightweight title. Oliveira lost the belt at UFC 274 when he came in over weight. Oliveira failed to regain the title at UFC 280 when Islam Makhachev submitted him. The ex-champ is coming off a split decision loss to Arman Tsarukyan at UFC 300.
Michael Chandler (23-8) is 1-2 since his loss to Oliveira. The ex-Bellator champion was looking for a fight against Conor McGregor, but with McGregor out until 2025, Chandler opted to face Oliveira at UFC 309. He is coming off a November 2022 submission loss to Dustin Poirier.
Before we look at the best bets for Oliveira vs. Chandler 2 on the UFC 309 card, check out the best UFC betting sites and where you can find our betting picks for the UFC 309 main event.
UFC 309 co-main event: Charles Oliveira vs. Michael Chandler 2 betting picks
| Fighters |  |  |  |
| Michael Chandler | +205 | +205 | +200 |
| Charles Oliveira | -240 | -245 | -265 |
Charles Oliveira betting breakdown
Charles Oliveira has developed into one of the most dangerous, and well-rounded fighters in the UFC lightweight division. Once thought of mainly as a submission artist, he has developed a striking game that is a threat in itself. However, his goal is still to get the fight to the ground. He uses a high-output kickboxing game and accuracy to close distance and get close to his opponent, where he can tie them up and then force the action to the mat, where he is extremely dangerous. Even if the fight remains standing, Oliveira is a threat as he mixes up his targets and techniques well and keeps his opponents guessing what’s coming next.
If one is looking for drawbacks to Oliveira’s game, he can be reckless with his striking. Chandler has the type of power that can turn a fight around in a hurry, so Oliveira can’t afford to let his defense slip at UFC 309.
Oliveira is a danger on the mat, his 44 submission attempts are second most in UFC history. He has the most submission wins in UFC history, 16, the most stoppage victories, 20, and the most fight-night bonuses, 19. Oliveira has only gone to decision five times in his MMA career.
Michael Chandler betting breakdown
Michael Chandler has a wrestling background, and if he can overcome Oliveira’s active striking game have success on the mat against the former UFC champ. Chandler averages 2.17 takedowns per 15 minutes of UFC action, but his takedown success rate is only 38 percent, meaning he strings attempts together until he sticks the takedown. The ex-Bellator champ also has seven submission wins, but he’ll have to be extremely aware of Oliveira’s ground game in this contest, as Oliveira has 21 career submission wins.
Chandler has not used his wrestling as much as he could while fighting in the UFC. Instead, he’s opted to employ a more fan-friendly style, looking for knockouts via his powerful striking. If Chandler brings back that wrestling, but also fights at the pace he is known to put out, he could pick up the win here, and a win over Oliveira will open a lot of doors for Chandler, including a future matchup against McGregor. The one danger when it comes to wrestling Oliveira is that Chandler cannot allow his foe to take his back at any point of the fight. Oliveira’s submission game from that position is dangerous.
The key for Chandler is to remain calm and focused on the win. He can’t fight Oliveira at distance, and he can’t go into the bout looking for a knockout. He has to be patient and look for openings against a man who knocked him out previously.
Best Bets: UFC 309 co-main event: Charles Oliveira vs. Michael Chandler 2
Chandler had his moments in the first fight with Oliveira, but his advantage mostly came via his power. Expect Oliveira to be more prepared for his opponent’s striking in the rematch. Oliveira’ technical skills on the feet, especially his ability to use his kicks to slow down Chandler will be a key. Chandler is a live betting underdog and there is some betting value in taking him to score an upset knockout win. But that’s not the overall betting pick on the outcome of the UFC 309 co-main event.
The betting pick is for Charles Oliveira to beat Michael Chandler via submission.
See below the top offshore sportsbooks where you can wager online and choose the best one for you:
Best Betting Sites 