Nate Diaz vs Jim Miller odds for UFC on FOX 3: Who opened as the -250 favorite?

Nate Diaz (left) vs. Jim Miller (right) will headline UFC on FOX 3 on May 5 in East Rutherford, New Jersey.

His brother, Nick, may be dominating headlines thanks to a positive drug test and looming suspension but Nate Diaz has a big fight coming up against Jim Miller in the main event of UFC on Fox 3 on May 5 in New Jersey.

And he's the underdog.

According to noted oddsmaker Nick Kalikas on his MMAOddsbreaker show, Diaz is the +190 dog to Miller, who opens as the -250 favorite for their lightweight bout that should serve as a number one contender match.

Diaz has won his last two bouts since making his return to the 155-pound waters, besting both Takanori Gomi and the streaking Donald Cerrone. The latter victory put him in title contention and a win over Miller could very well push him over the top.

It won't be easy, of course, considering the New Jersey native's track record. Though he recently dropped a hard-fought decision to Ben Henderson in a bout he was dealing with sickness for, Miller is still 8-1 in his last nine bouts, including a first round submission over Melvin Guillard just last month.

Considering the platform, it being the third network televised event and these two occupying the headlining slot, the winner could have a title shot awaiting him on the other side.

Stay tuned.

In the meantime, let's hear your initial reactions to these early odds. Too high? Too low? Let's talk turkey in the comments section below.

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