Not even the UFC welterweight title can seem to garner Tyron Woodley some respect; for his sixth consecutive bout, the newly crowed champ has opened as the underdog.

During a Friday announcement, Woodley (16-3 MMA, 6-2 UFC), who’s No. 1 in the USA TODAY Sports/MMAjunkie MMA welterweight rankings, confirmed he’ll fight No. 2-ranked Stephen Thompson (13-1 MMA, 8-1 UFC) at UFC 205.

UFC 205 takes place Nov. 12 at Madison Square Garden in New York City. It airs on pay-per-view following prelims on FS1 and UFC Fight Pass, though the bout order hasn’t been finalized.

Ahead of the fight, Thompson has opened as a -150 favorite over +120 underdog Woodley, according to MMAOddsBreaker.com.

In other words, a winning $100 bet on Thompson would result in a net profit of $66.67. A winning $100 bet on Woodley, meanwhile, would pay out $120 in winnings.

Woodley captured the title with a first-round knockout of Robbie Lawler at UFC 201. However, despite the belt and his new No. 1 ranking, he’s again the underdog. That’s been the case a lot lately.

In his five most recent fights, Woodley opened -110 against Carlos Condit (who was -130), +110 against Rory MacDonald (-150), +110 to Dong Hyun Kim (-140), +110 against Kelvin Gastelum (-150), and +200 to Lawler (-280). Woodley, though, ultimately closed as the favorite over Kim and Gastelum, according to BestFightOdds.com.

Thompson recently earned a dominant unanimous-decision win over MacDonald – his seventh straight win – to become the division’s top contender. Prior to upsetting MacDonald, he also upset ex-champ Johny Hendricks.

For more on UFC 205, check out the UFC Rumors section of the site.