Early UFC 62 & 63 Lines

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Caldarooni,

I'm not following exactly. Watched whose fight in September?

BJ Penn and Hughes fought in January 2004 at UFC 46, in which Penn choked out Hughes in the first round. It was Hughes' first loss since 2001, Hughes is something like 20-1 over that time period.

Are you asking about Hughes / St. Pierre? GSP and Hughes fought in October 2004 @ UFC 50, where Hughes beat GSP with a first round armbar.

Or are you talking about BJ Penn vs GSP in March of this year? In which GSP won a controversial decision over Penn?

Short answer to your question either way:

If you're asking about why he opened low against GSP: because GSP has looked really really impressive lately, and this line was mis-set, very much over valuing GSP.

If you're asking about why he opened low against Penn once GSP bowed out: because Penn is the only one to beat Hughes and this line was mis-set.

Either way, this line was off. Its why I posted on it above saying people should max Hughes because I knew the line would move much closer towards what I considered a true line of -200 and presenting tremendous arb opportunities. Hughes is currently -169 and we're still a month from the fight.