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I don't think that's what ts is saying.
Putting it another way. Suppose there is a fight where both fighters are paying $1.90 (fuck american odds). The oddsmakers are saying they think it is (or at least betters will think) it is a 50 50 chance of either fighter winning. But they aren't going to pay you even money cause they need to make a profit.
If oddsmakers are placing the chances of Khabib winning both fights at 50/50 or less the amount they will actually pay you is less than even money.
Not sure what the TS is saying makes any sense with any kind of interpretation because he is making up numbers that don’t exist (theoretical odds in his head that aren’t listed on any website, including the one he posted himself.)
That said, he is not talking about $1.90 odds, he’s (unknowingly) talking about $0.86 for the parlay using his posted site’s odds.