A Mexico City spot that books love to overprice
This is the kind of fight where you can feel the sportsbook narrative before you even see the numbers: local favorite, altitude, crowd, and a finish-hunting style that plays well on highlight reels. Edgar Chairez checks every box for public money in Mexico City, and the market is absolutely leaning into it.
But that’s exactly why this matchup is interesting for you as a bettor. When a fighter is a “perfect story” favorite, the line can drift from “reasonable” to “taxed” fast—especially when the opponent (Felipe Bunes) has a path that’s ugly to bet against: grappling volatility, submission threat, and a price that lets you be wrong more often.
ThunderBet’s exchange-side read is blunt here: the crowd may be loud, but the smart money isn’t guessing. The question isn’t “who wins?”—it’s whether you’re paying a premium for Chairez’s situation, or whether the market has actually priced in the real risks (including the one you should be thinking about first: health).
Matchup breakdown: reach, finishing equity, and the chaos tax
On paper, Chairez has the kind of profile that justifies favoritism. The reach gap is real (77 inches vs 71), and it matters because it lets him set traps without taking as many clean entries. In MMA betting terms: more control over where exchanges happen, and fewer “coin-flip” moments in the pocket.
Then you get to the finishing equity. Chairez’s submission finishing rate is the headline (67%), and it’s not just “he can grapple”—it’s that he converts. When a favorite has a high conversion rate, books get comfortable shading the moneyline because bettors love paying for a fighter who can end it.
Bunes, though, isn’t some helpless underdog who needs a miracle. He’s also a submission-first guy (64% submission win rate), and that’s where this fight turns from “favorite/underdog” into “who gets the first dominant grappling moment.” If you’re betting MMA long enough, you learn that grappling-heavy matchups carry a chaos tax: one scramble, one bad shot, one back take, and the whole handicap flips.
What makes Bunes hard to trust is the consistency. The recent profile is rough—he’s shown a tendency to fade under pressure and he’s been finished in his last two losses (TKO and submission). That’s exactly the kind of form line that encourages bettors to auto-fade him. The catch is that those same concerns are often already baked into the price, which is why you’re seeing him sit in the {odds:3.20} to {odds:3.56} range across major books.
ELO-wise, this is amusing: both sit at 1500. In other words, the broad rating baseline isn’t screaming mismatch. That doesn’t mean they’re equal; it means you should respect that the current moneyline is more about stylistic confidence and contextual factors (location, perception, recent optics) than some massive underlying skill gulf.