UFC 294 Odds: Updated Betting Lines for Islam Makhachev vs Alexander Volkanovski 2 (Saturday, October 21)

Paul Kane/Getty Images. Pictured: UFC featherweight champion Alex Volkanovski of Australia and lightweight champion Islam Makhachev of Russia

Check out the latest UFC 294 odds ahead of Saturday's pay-per-view event at Etihad Arena in Abu Dhabi, United Arab Emirates.

UFC 294 kicks off at an early time of 10 a.m. ET (7 a.m. PT) in the U.S. due to the overseas time difference. The prelims kick off at 10 a.m. ET on regular ESPN+ before the main card starts at 2 p.m. ET on ESPN+ PPV (cost: $79.99).

In the main event, UFC lightweight champion Islam Makhachev puts his 155-pound title on the line when he meets featherweight champ Alexander Volkanovski. Makhachev narrowly won the duo's first meeting via decision earlier this year.

As of Monday, Islam Makhachev is a -265 favorite (bet $265 to win $100) over +200 underdog (bet $100 to win $200) Alexander Volkanovski in the rematch. That gives Makhachev an implied win probability of 72.6%.

The total (over/under) for the five-round fight has not been set. However, in terms of the fight going to decision, Makhachev vs Volkanovski is lined +110 for yes and -140 for no.

You can check out the full list of UFC 294 odds via FanDuel for all of the fights on Saturday’s lineup below.

(Place your Makhachev vs Volkanovski bets with our FanDuel promo code!)

UFC 294 Odds

Preliminary Card

• 10 a.m. ET
• ESPN+

Sharabutdin Magomedov vs. Bruno Silva

Victoria Dudakova vs. Jinh Yu Frey

Nathaniel Wood vs. Muhammad Naimov

Mike Breeden vs. Anshul Jubli

Abu Azaitar vs. Sedriques Dumas

Javid Basharat vs. Victor Henry

Mohammad Yahya vs. Trevor Peek

Tim Elliott vs. Muhammad Mokaev

Main Card

• 2 p.m. ET
• ESPN+ PPV

Said Nurmagomedov vs. Muin Gafurov

Ikram Aliskerov vs. Warlley Alves

Magomed Ankalaev vs. Johnny Walker

Kamaru Usman vs. Khamzat Chimaev

Islam Makhachev vs. Alexander Volkanovski

The must-have app for UFC bettors

The best UFC betting scoreboard

Free picks from proven pros

Live win probabilities for your bets