At 0:12 into the first round, Gable Steveson was still favored on most boards. By 0:13, he was face down on the canvas.
That’s the number that sticks. Sean Sharaf, a plus-money underdog most books had barely bothered to price, ended Steveson’s night in the exact time it takes to read this sentence out loud. It happened on the UFC 331 undercard, hours before Joshua Van and Alexandre Pantoja produced the kind of five-round war that gets Fight of the Year votes before the scorecards are even read out. Van won a clean unanimous decision. Pantoja pushed him the entire way. And in between those two results, the live betting markets did something worth studying on their own.








