Betting odds have been released for this weekend’s bouts and Jones is the overwhelming favorite to defeat Quinton “Rampage” Jackson on Saturday. Jones has been given a money line of -485 while Jackson has odds of +385. Jones (13-1) has ran through his last four opponents, winning each fight by TKO or submission. Jackson (32-8) has won his last two bouts, both coming by decision. Jackson has had six of his last seven fights end with a decision, as his last KO win was in 2008.

In the co-main event, Josh Koscheck is the clear favorite to defeat Matt Hughes in a welterweight contest. Koscheck has odds of -455 to defeat Hughes, while the former welterweight champion has odds of +355 to win. Koscheck (15-5) is taking this fight on short notice and he hasn’t competed since last December when he lost to Georges St. Pierre. Hughes (45-8) hasn’t competed since last November, when he lost in 21 second to B.J. Penn. Hughes doesn’t have much left to fight for, but still is a dangerous wrestler with some good submission skills.

For complete odds for UFC 135, check out the jump.

UFC 135 Betting Odds

Saturday, Sept. 24

Pepsi Center

Denver, Col.

Jon Jones (-485) vs. Quinton “Rampage” Jackson (+385)

Matt Hughes (+355) vs. Josh Koscheck (-455)

Rob Broughton (+295) vs. Travis Browne (-365)

Takanori Gomi (+210) vs. Nate Diaz (-260)

Mark Hunt (+265) vs. Ben Rothwell (-325)

Aaron Riley (+245) vs. Tony Ferguson (-305)

Nick Ring (+140) vs. Tim Boetsch (-170)

James Te Huna (-160) vs. Richardo Romero (+130)

Cole Escovedo (+155) vs. Takeya Mizugaki (-185)

Junior Assuncao (-130) vs. Eddie Yagin (+100)

I gave the early money lines last week, and now Sportsbook.com has posted the latest odds for all the fights for tomorrow night.

In the main event, Georges St. Pierre opened as the clear favorite against Jake Shields with a money line of -500, but now that line has fallen back all the way to -350. Shields opened with a line of +300 and that is now down to +275. Perhaps betters are starting the believe the hype that this fight is the toughest of GSP’s career.

In the co-main event, UFC Featherweight Champion Jose Aldo opened with odds of -500 but that money line keeps climbing, and is now up to -575. The challenger, Mark Hominick has a money line of +375 after opening at +300. Aldo appears to be unbeatable in the division, which is why his money line just keeps growing.

In one of the other featured bouts, Hall of Famer Randy Couture (+240) is an underdog against former champion, Lyoto Machida (-300).  “The Natural” opened with odds of +250 and is now starting to close the gap on Machida, who opened with odds of -325. Knowing this may be his last fighter, betters are expecting Couture to put on one of his best performances to date.

Click on the jump to find all the odds for UFC 129.

UFC 129 Betting Odds & Money Lines

Georges St. Pierre (-350) vs. Jake Shields (+275)

Jose Aldo (-575) vs. Mark Hominick (+375)

Lyoto Machida (-300) vs. Randy Couture (+240)

Benson Henderson (-130) vs. Mark Bocek (+100)

Jason Brilz (-130) vs. Vladimir Matyushenko (+100)

Jake Ellenberger (-200) vs. Sean Pierson (+160)

Nate Diaz (-115) vs. Rory MacDonald (-115)

Ryan Jensen (-135) vs. Jason MacDonald (+105)

Ivan Menjivar (-200) vs. Charlie Valencia (+160)

Claude Patrick (-160) vs. Daniel Roberts (+130)

Yves Jabouin (-170) vs. Pablo Garza (+140)

John Makdessi (-180) vs. Kyle Watson (+150)