UFC 332 odds: Natalia Silva favored over Wang Cong for vacant flyweight title

UFC 332 crowns a new women's flyweight champion Saturday night at the Delta Center in Salt Lake City, where Natalia Silva meets Wang Cong for the title Valentina Shevchenko vacated last month. Kalshi traders have Silva at 65% to win, as of this writing, with Wang at 36%.

Shevchenko gave up the belt in early September after a ligament injury to her back and shoulder that is expected to keep her out for about a year. That moved Silva, who was booked to challenge Shevchenko, into a vacant-title fight with Wang, who stepped in on four weeks' notice. The main card starts at 8 p.m. ET on CBS and Paramount+, and it marks the UFC's fifth trip to Salt Lake City and its first since UFC 307 in October 2024.

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UFC 332: Silva vs. Wang, Saturday, October 3, 2026

Kalshi traders have Natalia Silva at 65% to win the vacant women's flyweight title. In the co-main event, Kalshi traders have Payton Talbott at 85% to beat Deiveson Figueiredo, the heaviest favorite on the main card.

Kalshi traders have Natalia Silva at 65% to win the vacant women's flyweight title, as of this writing, with Wang Cong at 36%.

Silva is the No. 1 contender at 20-5-1 and has not lost in eight UFC appearances, a run that includes wins over three former champions in Jessica Andrade, Alexa Grasso and Rose Namajunas. Saturday is her first UFC main event. Wang, the No. 8 contender, is 10-1 and has won five of her six UFC fights, most recently a decision over Tracy Cortez at UFC 329 in July. Her only pro loss came by submission to Gabriella Fernandes in 2024.

The matchup is speed against power. Silva is one of the quickest fighters in the division, though Sherdog's preview flags the defensive openings her movement-heavy style can leave over five rounds. Wang's leg kicks did real damage against Cortez, and that is the weapon most likely to slow Silva down if the fight goes long.

Kalshi traders have Payton Talbott at 85% to beat Deiveson Figueiredo, as of this writing, with Figueiredo at 15%.

Figueiredo is a former flyweight champion who moved up to bantamweight in 2023 and sits at No. 9 in the division. Talbott is one of the top bantamweight prospects on the roster, and a win over a former champion would be the biggest of his career.

Kalshi traders have Esteban Ribovics at 66% to win this lightweight bout, as of this writing, with King Green at 35%.

Kalshi traders have Roberto Soldić at 68% to win this welterweight bout, as of this writing, with Khaos Williams at 33%.

Kalshi traders have Ateba Gautier at 69% to win this middleweight bout, as of this writing, with Roman Kopylov at 31%.

Kalshi traders have Imanol Rodriguez at 57% to win this flyweight bout, as of this writing, with Alden Coria at 44%.

Kalshi traders have Damian Pinas at 82% to win this middleweight bout, as of this writing, with Andrey Pulyaev at 19%.

Kalshi traders have Marcus McGhee at 82% to win this featherweight bout, as of this writing, with Anthony Romero at 19%.

Kalshi traders have Anthony Wint at 82% to win this heavyweight bout, as of this writing, with Lucas Armand at 19%.

Kalshi traders have Johnny Walker at 52% to win this heavyweight bout, as of this writing, with Mick Parkin at 49%.

This is the closest fight on the card by Kalshi price.

Kalshi traders have Jacobe Smith at 89% to win this welterweight bout, as of this writing, with Bruce Whitehead at 12%.

Kalshi traders have Alexander Hernandez at 72% to win this lightweight bout, as of this writing, with Rafael Dos Anjos at 29%.

Kalshi traders have Ismail Naurdiev at 56% to win this middleweight bout, as of this writing, with Marvin Vettori at 45%.

The bout was first booked for June before Vettori broke a rib.

Kalshi traders have Eric Nolan at 68% to win this welterweight bout, as of this writing, with Court McGee at 33%.

When is UFC 332? Saturday, Oct. 3, at the Delta Center in Salt Lake City. Early prelims start at 4 p.m. ET, prelims at 6 p.m. ET and the main card at 8 p.m. ET.

Who is favored in the main event? Kalshi traders have Natalia Silva at 65% to beat Wang Cong for the vacant women's flyweight title, as of this writing.

How can I watch? The main card airs on CBS and Paramount+. Prelims stream on Paramount+, and early prelims stream on Paramount+ and UFC Fight Pass.

What is Kalshi traders' current number? Kalshi traders have Silva at 65% to win, as of this writing.

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