Donald Cerrone vs Charles Oliveira odds for UFC on Versus 5 event on Aug. 14

Ultimate Fighting Championship (UFC) has been keeping Donald Cerrone busy since transitioning from his old World Extreme Cagefighting (WEC) stomping grounds, this time taking on Charles Oliveira on the UFC on Versus 5 fight card this Sunday night (Aug. 14, 2011) in Milwaukee, Wisconsin.

Cerrone, who actually replaced an injured John Makdessi on the card, has been riding dirty through the UFC lightweight division since making the jump from the now defunct WEC promotion earlier this year.

He's rattled off two very impressive wins, over Paul Kelly and Vagner Rocha, respectively. He's clearly got no qualms fighting whenever and whoever to get up to win number three.

So why is he the +130 underdog against "Do Bronx?"

Oliveira, a -150 favorite, is 14-1 overall and has 13 wins by way of stoppage, having recently defeated Nik Lentz via submission following an illegal knee (it was later ruled a no contest) at UFC on Versus 4.

His only loss came at the hands of surging 155-pound contender Jim Miller earlier this year, but the oddsmakers still think he'll be the better man in "Brew City."

Anyone out there agree?

Donald Cerrone (+130) vs. Charles Oliveira (-150) at UFC on Versus 5. Who ya' got and why?

For more UFC odds for "Hardy vs. Lytle" as well as upcoming betting lines for UFC 134: "Rio" click here.