Payton Talbott is installed as a steep betting favorite for his UFC 332 bantamweight fight with former flyweight champion Deiveson Figueiredo. The 135-pound co-main event is set for Oct. 3 at Delta Center in Salt Lake City, with the card streaming on Paramount+.
Talbott is priced at -550, while Figueiredo sits at +410. That means a bettor would need to risk $550 to profit $100 on Talbott at that line, while a $100 Figueiredo bet would return $410 in profit if the Brazilian pulls off the upset. If one can to play a live sport bet you will find varying prices. The market has leaned even further toward Talbott at some books: an odds scan on Sept. 10 listed the best available number at -525 for Talbott and +505 for Figueiredo.
UFC 332
Talbott enters with an 11-1 MMA record and a 5-1 UFC mark. The 27-year-old rebounded from his January 2025 decision loss to Raoni Barcelos by beating Felipe Lima and then handling former two-division UFC champion Henry Cejudo over three rounds at UFC 323. All three judges scored the Cejudo fight 30-27 for Talbott, who scored two takedowns against the Olympic gold medal wrestler and kept the veteran working at range.
The 27-year-old has the length, output and recent five-round-caliber composure to keep Figueiredo at the end of his punches, win exchanges and avoid spending long stretches in the former champion’s submission range. Talbott went the distance while sweeping the scorecards against Henry Cejudo and showed he could mix in takedowns rather than simply chase a finish.
Figueiredo is not a routine underdog. The 25-7-1 veteran is a two-time UFC flyweight champion with nine knockout wins, nine submission wins and 11 first-round finishes. He moved to bantamweight in late 2023 and began the run with wins over Rob Font, Cody Garbrandt and Marlon Vera.
The recent form explains why the line has moved against him. Figueiredo lost a decision to Petr Yan in November 2024, suffered a knee-injury TKO loss to Cory Sandhagen in May 2025, then dropped a unanimous decision to Umar Nurmagomedov in January 2026. Song Yadong submitted him with a guillotine choke in the second round in May. Those defeats came against ranked competition, but Figueiredo has won only once in his past five outings, a split decision over Montel Jackson.
Talbott is the logical pick to win by decision. He has the recent momentum, age advantage and range game to bank rounds if he stays disciplined. Figueiredo is the more interesting side for bettors seeking a long-shot return, especially if the number holds above +400, because his submission and counter-striking danger give him ways to beat the market’s projection.
UFC 332 is headlined by Natalia Silva and Wang Cong for the vacant UFC women’s flyweight title on Oct. 3 at Delta Center in Salt Lake City.