Life's a Fitch and then you die.

Or you just fly to Sydney and main event against BJ Penn at UFC 127. Yes, the same "Prodigy" who held the promotion's 155-pound strap until Frankie Edgar sent him packing for heavier pastures.

Of course "The Prodigy" wouldn't have dropped to lightweight if Georges St. Pierre and Matt Hughes hadn't finished the husky Hawaiian back in 2006, which is why the oddsmakers are playing it safe in his welterweight headliner against Fitch with a +160 betting line.

The tenacious ex-Boilermaker sails in as the -200 favorite.

In the co-main event, trash-talking "Conquistador" Jorge Rivera tries to overcome his +275 line against the pitter-patter of little fists from Michael Bisping (-375), who by my "Count" may be one or two wins away from a 185-pound title fight.

But that's not all.

Here are the latest UFC 127 odds and betting lines (- = favorite; + = underdog):

Remember that MMAmania.com will provide LIVE blow-by-blow, round-by-round coverage of UFC 127 beginning with the PPV telecast at 10 p.m. ET on Saturday, Feb. 26, 2011. In addition, we will deliver up-to-the-minute quick results of all the under card action much earlier on fight night.

For the current UFC 127 fight card and line-up click here.