With Friday’s news that the Floyd Mayweather-Manny Pacquiao fight is on, odds have been adjusted at the Westgate Las Vegas SuperBook as action continues to flow on the underdog.
The Westgate opened Mayweather as a -275 favorite back in January – Las Vegas sports books opened wagering on the fight long before it became official – with Pacquiao getting odds of +235 as the dog. On Saturday, the move was made to Mayweather -265/Pacquiao +225, and another change came later in the day to -250/+210. By Monday morning, the odds were -240/+200.
A similar move was made recently at William Hill U.S., with money on Pacquiao prompting an odds move in his direction.
Early wagering on the long-awaited Mayweather-Pacquiao bout is typical for boxing. Smaller bets usually come in on the underdog first, while the bigger bettors wait for the price on the favorite to drop.
Meanwhile, a pair of props posted at the Westgate reflect the expectation that the fight will go the distance.
The round total is set at 11.5, with the OVER a large -300 favorite. UNDER 11.5 rounds can be backed at 5-to-2 odds.
In the exact-result prop, the 'Mayweather-by-decision' entry is the odds-on favorite:
Exact-result prop:
Manny Pacquiao by KO, TKO or DQ 5/1
Manny Pacquiao by decision 9/2
Floyd Mayweather by KO, TKO or DQ 6/1
Floyd Mayweather by decision 4/7
Draw 20/1
The bout is set for May 2 at the MGM Grand Garden Arena in Vegas, site of Mayweather's last 10 fights. With the Kentucky Derby also being run on the first Saturday in May, it will be a fantastic day for gamblers.