UFC 249: Best bets for Tony Ferguson vs. Justin Gaethje

Previewing the UFC 249 betting odds (2:12)

Doug Kezirian breaks down the odds leading up to UFC 249. (2:12)

Mixed Martial Arts is back in your life -- and your sportsbook. The UFC returns Saturday after its longest hiatus since 2006 with UFC 249, the first of three fight cards in just eight days.

The event in Jacksonville, Florida, this week will have two titles on the line -- Tony Ferguson vs. Justin Gaethje for interim lightweight and Henry Cejudo vs. Dominick Cruz for bantamweight -- plus a card stacked with former title contenders and UFC headliners. It might be one of the most talented fight cards in UFC history. Most of the country is staying at home, which, combined with the dearth of active sports leagues, should mean a lot of eyes will be on the fight game. It's a good thing the matchmakers delivered.

Below, we look at the two title fights in detail and explore value among favorites and underdogs elsewhere on the card.

Prelims from VyStar Veterans Memorial Arena begin at 6 p.m. ET on ESPN/ESPN+, and the main card begins at 10 p.m. on pay-per-view.

Odds courtesy of Caesars Sportsbook as of Wednesday morning.

Interim lightweight championship: Tony Ferguson (-175) vs. Justin Gaethje (+145)