Check out the latest UFC 301 odds and betting lines for Saturday's pay-per-view event with an Alexandre Pantoja vs. Steve Erceg main event.

UFC 301 takes place at Farmasi Arena in Rio de Janeiro, Brazil. The early preliminary card on ESPN+ (6 p.m. ET) and the regular preliminary card on ESPN2 (8 p.m. ET) proceed the main card on ESPN+ PPV at 10 p.m. ET (cost: $79.99).

As of Thursday, UFC flyweight champion Alexandre Pantoja is a -200 favorite (bet $200 to win $100) over fellow headliner and +154 underdog (bet $100 to win $154) Steve Erceg. That gives Pantoja, who will look for his second straight 125-pound title defense, an implied win probability of 66.7%.

The total for the five-round title fight is set at 3.5 rounds with the over at -146 and the under at +114.

In the UFC 301 co-main event, rising bantamweight contender Jonathan Martinez is a -166 favorite (62.4%) over all-time great and Brazilian MMA legend Jose Aldo, who's a +130 underdog as he comes out of retirement for a fight in his home country.

Below, you can check out the full list of UFC 301 odds via FanDuel for all of the fights on Saturday’s lineup below.

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