Rashad Evans vs Tito Ortiz odds: Who opened as the -500 favorite for UFC 133?

Who else? None other than former Light Heavyweight Champion Rashad Evans, according to noted oddsmaker Nick Kalikas of BetOnFighting.com. "Suga" is the -500 favorite heading into his UFC 133 showdown in Philadelphia against Tito Ortiz on Aug. 6.

"The Huntington Beach Bad Boy" stands as the +350 underdog.

Anyone jumping on this line with wallets wide open? Or do you expect a dramatic shift as we get closer and closer to fight night?

The opening line is somewhat surprising when one considers the situation. Evans hasn't actively competed since May 2010, while Ortiz is just 11 days removed from a first round destruction of the number seven ranked light heavyweight in the world.

The lines will shift and move as the betting dictates, of course, but the consensus opinion seems to be that they'll hold steady right around where they are now. 

For the second fight in a row, Tito is a 5-to-1 underdog. Can he beat the odds once again and earn quite a few folks a whole lot of jack in the process?

The initial meeting between these two took place more than four years ago and ended in an anticlimactic draw after three extremely close rounds of action.

After that fight, Ortiz went on to lose his next three -- and nearly his job -- before resurrecting his career by dominating Ryan Bader at UFC 132 on July 2.

Evans, on the other hand, went on to win the 205-pound strap and cement himself as one of the top light heavyweights in the fight game.

The stakes are a lot higher this time around, with Evans fighting for a title shot and Ortiz battling to get his name thrown "in the mix."

We're still a few weeks away from fight time, Maniacs, but who do you like for your money and who ya' got straight up?

To see the "Evans vs. Ortiz" odds and betting lines plus all the action for the upcoming UFC and Strikeforce events click here.