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But is the overall finishing rate for strawweights the key point here? I'd rather look at 75% of Chambers losses comes from being finished by lesser competition than Souza is, while Souza has finished 6 of her last 7 wins and Chambers is almost 40. You got decent odds on her decision though, down to +240 now
Good point but I think it's important to factor in the time horizon and competition level too. Chambers had a lot of sub losses but 2012-2015 was pretty early era MMA. We've seen a lot of girls, especially at 115, improve their game a lot in the past 3 years. I'd have to double check but I think the finish rate must have declined significantly in the past couple of years since girls now have learned to defend armbars and panic less when their back is taken. We saw that the women's flyweight TUF finale was arm-bar city because the girls were low level and fighting on the UFC. You remove those fights from the database and the decision rate probably jumps a couple percentage points.
Also '6 of last 7' is a pretty arbitrary horizon that crosses into very low level regional stuff for Livia. Of course Livia is going to finish 1-2 fighters and girls in 'Circuito Talent.' If you just take her Invicta 5 invicta fights though, she has finished within 3 rounds in only 2 fights. So 2 out of 5 makes more sense at the higher level.