Jon Jones defends his UFC heavyweight title against Stipe Miocic at UFC 309 in New York tonight, with significant betting action reported across major sportsbooks.

Jones (-650) returns to the Octagon for the first time since March 2023, when he defeated Ciryl Gane by submission. The 37-year-old champion faces veteran Miocic (+450) in a highly anticipated matchup for the heavyweight division, which has seen only two title fights in the past four years.

Betting trends show strong support for both fighters. PointsBet Canada reports 73% of bets and 76% of money backing Miocic, while popular prop bets include Jones by KO/TKO/DQ (+100) and submission (+200).

The co-main event between Michael Chandler (+210) and Charles Oliveira (-275) has also generated significant betting interest, with many backing Chandler as the underdog.

Looking ahead, Jones has expressed interest in potential super fights, including a matchup with light heavyweight champion Alex Pereira. However, UFC CEO Dana White maintains that Jones must face interim heavyweight champion Tom Aspinall if he emerges victorious tonight.

"If Jon Jones retired on Saturday, Tom Aspinall would be the heavyweight champion," White stated. "It's his obligation to give it to the younger guy, to give him that opportunity, and if he beats Tom Aspinall then yes, I would do the Alex Pereira fight."

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