As noted, CM Punk and UFC have officially announced that Punk will make his fight debut at UFC 203 in a bout against Mickey Gall.
Courtesy of www.Bovada.lv, below are the early betting odds for the fight, and as you can see Punk is opening as a big underdog in the fight.
CM Punk vs Mickey Gall
CM Punk +265 (53/20)
Mickey Gall -300 (1/3)
The odds work as follows – the favorite of the match is listed with the minus sign, so in this case it’s Mickey Gall, as you would have to bet $300 to win $100. The underdog is CM Punk as a $100 bet would win you $265.