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That's incorrect , initial odds are created by statistical analysis. But after that people placing bets shifts the odds.Most mma fans expected Conor to lose this fight. Theres no shame in his loss, Khabib really is that great.
Fight started with donor the underdog.
That fight ending up with conor as fav
So 55% 1/2.20 = of people that were willing to let go of their hard earned chance felt that conor was going to win.