As we count down the days to the biggest night of the year in boxing, betting action surrounding the mega fight between Floyd Mayweather Jr. and Manny Pacquiao is taking a life of its own.
Ever since sportsbooks opened the lines for the fight – well before it was officially announced, there has been a steady stream of bets being taken it. Most have been on the side of Pacquiao, which largely explains why his opening line of 3/1 has dropped to as low as 7/4. By contrast, Floyd opened as low as 3/10, but all the action on PacMan has moved Money Mayweather’s odds to as high as 1/2. The odds for both fighters are still expected to fluctuate depending on the betting market so if you still haven’t put money down on the fight, now’s the time to start paying attention.
When’s the best time to bet on Manny Pacquiao?
Ideally, you should have bet on Pacquiao when the odds were first offered because it’s unlikely that you’re going to get higher odds than 3/1 at this point. Granted, the current 7/4 odds isn’t that bad since your $100 will still net you $175 in winnings, or $275 if you count your $100 bet. You could still wait it out and let the late money on Mayweather to arrive, which could push Pacquiao’s odds back up to as high as 2/1, maybe even 9/4.