The lines for UFC 142 are out and wowsers, there is some money to be made on this card if you look at it from the right perspective. I'll admit I have steered you wrong in the recent past (Strikeforce didn't go exactly according to plan) but in terms of the UFC, my advice hasn't been so bad lately. So hear me out.
On the main card I think Vitor Belfort is an excellent bet, but that all depends on which way you're leaning. It's an even fight, and the odds reflect that. Other than that, I think Terry Etim is worth a look at +225 (he was +260 yesterday). Barboza is certainly flashy and entertaining, but he is a blue belt and could potentially get caught by the tricky Etim. The fight is closer than the line indicates, and that's when I bet.
On the undercard, you never know what you're going to get with Mike Pyle so I'm going to put a token amount of Ricardo Funch at +375. You might not know the name, but Antonio Carvalho is a solid, solid bet at -225. And Ednaldo Oliveira is precisely the kind of fighter Gabriel Gonzaga has big trouble with, so I think there's value there as well. I'd even jump on Alcantara at -200, because he'll probably end up at around -230 or -240 come fight time. Also, the early money is all on Thiago Tavares, so if you think Stout can beat him, wait until closer to fight time to get a better price than +115.
Anyway folks, here are all the lines (prelims after the jump):
Lines courtesy of bodog.ca
Jan 14th, live on pay-per-view from Rio de Janeiro, Brazil: