Kevin Owens Odds On Favorite to Beat CM Punk for Undisputed WWE Title on Tonight’s SmackDown

Tonight’s episode of WWE SmackDown is set to be a must-watch affair, with CM Punk defending the Undisputed WWE Championship against Kevin Owens in a highly anticipated match in the latter’s hometown of Toronto.

According to BetOnline.ag, KO is the odds-on favorite to walk out of Scotiabank Arena as the new Undisputed WWE Champion. The latest lines have Owens sitting at -160 and defending champion CM Punk at +120.

Kevin Owens returned to in-ring action at SummerSlam: Minnesota Night Two as a surprise fourth participant in the Undisputed WWE Championship Fatal Four-Way Number-One Contender’s Match, featuring Sami Zayn, Finn Balor, and Gunther.

Kevin ultimately pinned Zayn to earn a shot at Punk’s title. He later informed SmackDown GM Nick Aldis about his desire to have the match in Toronto. Owens recently revealed the reason why he chose Toronto for the high-stakes match. Check his comments RIGHT HERE.

Tonight’s SmackDown is expected to be sold out, with more than 15,000 tickets distributed for the show.

TONIGHT on #SmackDown:

🔥PUNK vs. OWENS
🏆UNDISPUTED WWE TITLE MATCH

📍Toronto, Canada
🎟️ https://t.co/KO1S237lMU

📺8e/7c on @USANetwork pic.twitter.com/kzgaKJLcnh

— WWE (@WWE) August 21, 2026