Loki, the magical misfit vs Betelgeuse, the Bizarre Banshee ( Beetlejuice ).
Story: Eons ago, the phantom Betelgeuse stole Odin's first girlfriend and retreated to the real of the Dream with his prize. To Mephisto's delight, Odin invaded his realm in attempt to forcibly retake his maiden back to Asgard. He failed. Bloodied and bruised both emotionally and physically, Odin set a bounty on Betelgeuse that has remained unclaimed to this very day. Loki has discovered an ancient bounty board while wearing the disguise of his brother Thor: " He who slays the vexatious demon known as Betelgeuse, shall be given a reward befitting of a King."
Fight to the Death / Incapacitation.
Round 1 - Earth
Round 2 - Dream Dimension ( With Mephisto's approval, whom will not interfere with the battle )
Loki has an hour to prepare before their first encounter.