Introduction

In another post, we identified some of the UFC’s most Under Rated fighters by examining the extent to which they had overperformed relative to the odds.

The purpose of this post is to identify some of the most Over Rated fighters in the UFC.


Defining “Over Rated”

In another post, to assess the extent to which a fighter was Under Rated, we examined if the fighter won at a greater rate than the average Implied Probability of their odds (i.e. has the fighter been overperforming)?

In this post, we will examine the converse: has a fighter lost at a greater rate than the average Implied Probability of their odds (i.e. has the fighter been underperforming). Indeed, if a fighter has been underperforming, then they have been effectively Over Rated by the odds.


Dataset - Historical Data of UFC Fight Odds

Using data science tools such as web scraping, I have obtained a dataset with fight odds information regarding the majority of the UFC fights that occurred between 2013 and present.

In particular, the dataset consists of 2941 UFC fights from 261 UFC events, spanning from April 27, 2013 to February 06, 2021.

Among other things, the dataset lists the best odds for each fighter around the time of their fight, as well as the winner of each fight.


NOTE: Some of the tables below are based on the fight data contained in the dataset described above. Although the dataset captures a large proportion of UFC events and fights since 2013, it is not exhaustive. Therefore, I will do manual searches to retrieve additional data regarding the fighters in question, to provide a more comprehensive picture this fighter-specific odds information.


Over Rated Fighters

The below table lists the top 10 Over Rated fighters, in the dataset, with at least 5 UFC fights. These fighters are listed in order of Under Performance, which is simply the Average Implied Probabilities of the odds subtracted by Actual Rate of Victory.


Top 10 Over Rated Fighters with at least 5 Fights
Fighter Name Number of Fights Average Adjusted Implied Probability (%) Actual Rate of Victory (%) Under Performance (%)
Kailin Curran 7 54 14 40
Joshua Burkman 7 38 0 38
Hyun Gyu Lim 5 57 20 37
Alexander Gustafsson 7 63 29 34
Gray Maynard 6 51 17 34
Junior Albini 5 53 20 33
Rashad Evans 5 52 20 32
Andrea Lee 5 71 40 31
Johny Hendricks 8 55 25 30
Anderson Silva 7 42 14 28


I find these findings (the table above) a fair bit less interesting than those for the most Under Rated fighters.

For starters, the names are not as big, overall, and the fighters do not have as many fights under their belts, on average. I believe that part of the reason for this is that, by definition, Over Rated fighters have not performed as well as they should have, which means they likely have not gotten as many UFC fights or been recognized as much as their peers.

Perhaps an even more important thing to point out is that there are a few big names (Gustafsson, Evans, Hendricks, and Silva) that are on the list unfairly. Unfortunately, the dataset only captures the losing records these fighters had towards the end of their careers (i.e. after circa 2013). However, these well regarded fighters all had much more success in an earlier era (i.e. pre 2013). This era simply is not captured by the dataset.

I am not interested in gathering all the data that is missing from the dataset. However, I did spend a bit of time analyzing Gustafsson’s career. I was surprised to see how heavily he was favored in some of his match-ups.


Alexander Gustafsson

The below table displays the Alexander Gustafsson fights that are included in the dataset.


Alexander Gustafsson Fights Included in the Dataset
Fighter Name Event Date Result Adjusted Implied Probability (%)
Alexander Gustafsson UFC on FOX: Gustafsson vs Johnson 2015-01-24 Loser 74
Alexander Gustafsson UFC 192: Cormier vs Gustafsson 2015-10-03 Loser 30
Alexander Gustafsson UFC Fight Night: Arlovski vs. Barnett 2016-09-03 Winner 85
Alexander Gustafsson UFC Fight Night: Gustafsson vs. Teixeira 2017-05-28 Winner 74
Alexander Gustafsson UFC 232: Jones vs. Gustafsson 2 2018-12-29 Loser 27
Alexander Gustafsson UFC Fight Night: Gustafsson vs. Smith 2019-06-01 Loser 74
Alexander Gustafsson UFC Fight Night: Whittaker vs. Till 2020-07-25 Loser 76


I decided to focus on Gustafsson’s fights from the first Jon Jones contest onward, since I believe it tells an interesting story. Below are the two fights in that period of time which are not in the dataset:

Date Opponent Result Decimal Odds Opponent Decimal Odds Adjusted Implied Probability (%) Under Performance (%)
2013-09-21 Jones Loser 7.60 1.14 13 13
2014-03-08 Manuwa Winner 1.20 5.75 83 -17


What is remarkable about the two fights listed above is that Gustafsson went from over a 6:1 underdog against Jones to nearly a 5:1 favorite against Manuwa.

Anyway, by taking a weighted average of (i) the average Under Performance for the 2 fights above (i.e.-2%) and (ii) the average Under Performance of the 7 fights in the dataset (i.e. 34%), we get around 26%. Therefore:

In Gustafsson’s last 9 UFC fights, from his first Jones fight until retirement, he has underperformed, relative to the odds, by about 26%.

I wondered if that surprisingly close first fight against Jones swung the odds in Gustafsson’s favor in subsequent fights. However, if you look at Gustafsson’s odds leading up to the Jones fight, he was heavily favored in many of those bouts. Therefore, it is unclear that Gustafsson’s favorable odds in his past 8 fights were primarily caused by his epic performance in the first Jones bout.

Anyway, Gustafsson’s odds profile is quite strange. Overall, he seems to have been either a substantial favorite or a substantial underdog. He seems to have lost every fight for which he was the underdog (Jonesx2, Cormier, Davis). However, what makes him an Over Rated fighter in recent history are the many losses for which he was the substantial favorite.


Conclusion

In this post, I discussed what made a fighter Over Rated. The results emanating from the dataset were somewhat misleading and not as interesting as those for the Under Rated fighters.

As a result, I decided to focus on the interesting odds profile of Gustafsson. Certainly, Gustafsson appears to have been Over Rated since his first Jones contest. However, it is unclear if that close decision against Jones biased the odds in Gustafsson’s favor, or if the bettors had always had such belief in his talents (preceeding the first Jones fight).