MANILA, Philippines - Oscar de la Hoya continued to lose his grip on the betting line, with his winning odds now significantly nearer Manny Pacquiao's.
The most recent spread made available by MGM Sportsbook in Las Vegas has de la Hoya still favored at minus-185, according to a news report on Philboxing.com.
That means a bet of $1.85 on de la Hoya would net a $1.00 payoff. Pacquiao came in at plus-155 ($1.00 to win $1.55).
While Pacquiao's lines have been steady, there has been a noticeable drop on de la Hoya's winning odds since the Dream Match was formally announced in early September.
In mid-September, bookmakers installed de la Hoya as a minus-240 favorite ($2.40 to win $1.00). In late October, the line went down to minus-204 ($2.04 to win $1.00).
In the same periods, Pacquiao was at plus-190 ($1.00 to win $1.90) in mid-September and between plus-155 and plus-185 in late October.
Pacquiao's and de la Hoya's recent lines mirrored estimates that were made before their fight was officially sealed.
Before the Pacquiao-de la Hoya tiff was formalized, Las Vegas oddsmakers put Pacquiao's value at plus-165 ($1.00 to win $1.65) and de la Hoya at minus-185.
Based on the trend, the welterweight bout between Pacquiao, who is going up in weight for a second consecutive match, and the naturally bigger de la Hoya appears to be a lot more even that some of the recent major boxing cards.
According to the Las Vegas Sun, Juan Manuel Marquez was a 3-1 favorite versus Joel Casamayor, Ricky Hatton a 5-2 favorite versus Paulie Malignaggi, Kelly Pavlik a 4-1 favorite against Bernard Hopkins and Shane Mosley a staggering 8-1 favorite against Ricardo Mayorga.
Among the four bouts, only Hopkins came away with a win as an underdog. - GMANews.TV
Monday, December 1, 2008
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