MANILA, Philippines – Seven-division world champion and Sarangani Province Rep. Manny Pacquiao opened as a huge betting favorite over Antonio Margarito of Mexico.
Casinos are favoring “The Pacman” with odds of minus-525, meaning a bet of $525 on Pacquiao would only earn $100.
Analysts, however, said that Margarito presents a real threat to Pacquiao.
The current betting odds are expected to gravitate towards a more reasonable range closer to fight time.
The two boxers will clash on November 13 for the vacant World Boxing Council (WBC) light middleweight belt at a catchweight of 150 lbs. – Report from ANC