MJF Overwhelming Betting Favorite To Retain AEW World Championship At Double Or Nothing

The main event for AEW's fifth Double or Nothing pay-per-view was officially set last Wednesday on "AEW Dynamite," with MJF defending the AEW World Championship against fellow "Four Pillars of AEW" Darby Allin, Sammy Guevara, and "Jungle Boy" Jack Perry. The match is one that fans have been looking forward to ever since they bestowed the "Four Pillars" with their group nickname, inspired by All Japan Pro Wrestling's "four pillars" in the 1990s: Mitsuharu Misawa, Toshiaki Kawada, Kenta Kobashi, and Akira Taue, and it's been hyped up consistently on recent "Dynamite" episodes.

On Tuesday, in anticipation of the big event, BetOnline released betting odds for the showdown, and they're pretty striking: MJF is a -5000 favorite (bet $5,000 to win $100), while Allin leads the challengers as a +500 underdog (bet $100 to win $500). Guevara trails at +600, while Perry is the biggest underdog at +800.

Since defeating Jon Moxley to become AEW World Champion at Full Gear in November, MJF has wrestled just four times, with half of those matches being successful title defenses: A win over Ricky Starks at Winter is Coming in December, and an overtime victory over Bryan Danielson in a 60-minute iron man match at Revolution in March. Guevara earned his shot by winning the "Four Pillars" tournament in controversial fashion, which led to Perry and Allin getting a chance to join the match themselves if they beat MJF and Guevara on last week's "Dynamite," which they did. This will be the first time that the AEW World Title is defended in a four-way match, and the second time that it's been defended in anything other than singles action.