Miocic opens as -170 ‘chalk’ vs. Overeem

New UFC heavyweight kingpin Stipe Miocic will defend his belt for the first time at UFC 203 in Cleveland against Alistair Overeem.

Published on Thursday, 5/26/16, at 6:09 p.m. Eastern.

The Ultimate Fighting Championship is poised to make its debut in Cleveland for UFC 203 at Quicken Loans Arena on Saturday, Sept. 10.

Stipe Miocic will defend his heavyweight strap for the first time against third-ranked Alistair Overeem in his home town. Miocic won the belt by beating Fabricio Werdum with a one-punch knockout at UFC 198 in Brazil.

The 36-year-old Overeem has won four consecutive fights, including a second-round KO of Andrei Arlovski that earned him a Performance of the Night bonus at UFC Rotterdam earlier this month. ‘The Reem’ owns a 6-3 record since joining the UFC.

5Dimes opened Miocic as a -170 favorite late last night, leaving Overeem as the +140 underdog (risk $100 to win $140). The number hasn’t moved yet.

The total is 1.5 rounds shaded to the ‘over’ for a -140 price. Gamblers taking the ‘under’ can do so for an even-money return.