UFC 323: Dvalishvili vs. Yan 2 bets on full battle cards

The final UFC pay-per-view card of 2025 and the ESPN era are upon us. That event, UFC 323, takes place on Saturday, December 6 from the T-Mobile Arena in Las Vegas. Two title fights headline the UFC 323 fight card. We look at the betting odds for each of the matches scheduled for the event.

In the UFC 323 main event, UFC bantamweight champion Merab Dvalishvili looks to defend his title for the fourth time in 2025 when he takes on former champion Petr Yan in a rematch. With a win, Dvalishvili becomes the first UFC champion to defend a UFC title four times in a calendar year.

In the co-main event of UFC 323, UFC flyweight champion Alexandre Pantoja looks to defend his crown against rising Joshua Van.

Betting Odds on UFC 323 Pay-Per-View Cards

Merab Dvalishvili (-415) vs. Petr Jan (+315)

Alexandre Pantoja (-225) vs. Joshua Van (+190)

Brandon Moreno (+105) vs. Tatsuro Taira (-125)

Henry Cejudo (+225) vs. Payton Talbott (-265)

Jan Błachowicz (-135) vs. Bogdan Guskov (+115)

UFC 323 Preliminary Card Betting

Grant Dawson (-214) vs. Manuel Torres (+184)

Terrance McKinney (+140) vs. Chris Duncan (-160)

Maycee Barber (-180) vs. Karine Silva (+155)

Nazim Sadykhov (+113) vs. Farès Ziam (-133)

UFC 323 early preliminary card betting

Marvin Vettori (-115) vs. Brunno Ferreira (-105)

Edson Barboza (+250) vs. Jalin Turner (-300)

Iwo Baraniewski (-190) vs. İbo Aslan (+165)

Mansur Abdul-Malik (-1200) vs. Antonio Trocoli (+750)

Muhammad Naimov (+205) vs. Mairon Santos (-240)

*Battle map subject to change

**Odd via BetOnline

UFC 323 Main Event: Merab Dvalishvili vs. Peter Jan

Merab Dvalishvili (21-4), a longtime training partner of former UFC bantamweight champion Aljamain Sterling, stepped into the spotlight of the promotion’s 135-pound division in September 2014 when he scored a unanimous decision victory over then-champion Sean O’Malley in the main event of UFC 306.

The 34-year-old Dvalishvili joined the UFC in 2017 as a much-hyped prospect. At the time, Dvalishvili was 7-2 and had won and defended the Ring of Combat bantamweight crown.

Dvalishvili didn’t get off to a smooth start to his UFC run, losing his first two fights. By decision, Frankie Saenz fell, and the second, via submission, to Ricky Simon. In September 2018, everything clicked into place for the Serra-Longo Fight Team product, and he hasn’t lost since.

Heading into UFC 306, Dvalishvili was on a 10-fight winning streak. Prior to his match against O’Malley, Dvalishvili had defeated Marlon Moraes, Jose Aldo, Petr Yan and Henry Cejudo. The win over O’Malley extended his winning streak to 11 in a row. Dvalishvili extended that streak to 12 when he defended his title with a unanimous decision over previously undefeated Umar Nurmagomedov at UFC 311.

Dvalishvili faced O’Malley in a rematch at UFC 316. O’Malley had not fought since losing his title to Dvalishvili at UFC 306. Despite making major changes to his life and training heading into UFC 316, Dvalishvili easily dispatched O’Malley in their second meeting, ending the fight in the third round via submission.

In his most recent title defense, Dvalishvili defeated Sandhagen to earn a unanimous decision (49-45, 49-45, 49-46).

Petr Yan (19-5) is on the rebound. The 32-year-old former UFC bantamweight champion was 1-4 between March 2021 and March 2023, but has gone 3-0 in his past three bouts with three decision wins.

Yan won the vacant UFC bantamweight belt by defeating former UFC featherweight king Jose Aldo in July 2020. Yan’s run with the belt was short, as he lost the title in his first defense attempt. Yan handed the belt to Aljamain Sterling in March 2021 after Yan blasted Sterling with an illegal knee that prevented Sterling from continuing.

In October 2021, Yan captured the interim bantamweight title with a decision win over Cory Sandhagen. Yan’s next appearance was a title unification match with Sterling. Sterling retained the title with a split-decision victory.

Yan followed his loss to Sterling with a split-decision setback against Sean O’Malley in October 2022. He then dropped a March 2023 scrap to Merab Dvalishvili by unanimous decision. Yan returned to the win column in March 2024 with a decisive victory over Song Yadong.

Following that victory, Yan scored a decision victory over former UFC flyweight champion Deiveson Figueiredo in a five-round affair in November 2024. In his most recent outing, Yan earned a decision over Marcus McGhee in a three-round fight in July.

The former champion enters the UFC 323 fight card as the No. 3 fighter in the official UFC bantamweight rankings.

We’ll have more on UFC 323 as fight night approaches.