Manny Pacquiao Hits Even Odds

Originally the underdog, Manny Pacquiao is now listed at even odds in his bout against Floyd Mayweather, Jr., just serving as further indication as to how competitive a fight this is expected to be.  These were the current odds found at SBG Global as of Tuesday December 15, 2009. 

Mayweather, Jr. remained a -130 favorite.  Even odds means that Manny Pacquiao would pay out $100 on every $100 bet whereas Mayweather, Jr. would require a risk of $130 to win $100 (with the initial $130 paid back only if Mayweather were to win). 

Previously, Pacquiao would have paid out $130 for every $100 bet. 

"We very much anticipate Manny Pacquiao's odds slashed even further in the coming weeks," said Don Shapiro of Gambling911.com.  "It is strongly suggested that anyone who wants to bet on Pacquiao does so now and locks in the even odds."

You will find the "Bet Now, Click Here" button on the SBG Global website.

The two acclaimed fighters have agreed in principle to split $50m (£30.3m) up front in a fight scheduled for 13 March at an American venue yet to be decided.

The Pacquiao - Mayweather fight was already generating a massive betting frenzy prior to any official announcement.  When all is said and done, this fight is expected to become one of the most wagered on events of 2010. 

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Tyrone Black, Gambling911.com