Bet on Canelo vs. Paul

Looks like we're going to see Jake Paul fight a second straight legendary boxer. 

Reports Thursday night indicate Paul and Saul "Canelo" Alvarez will square off in a 200-pound bout on May 3 at T-Mobile Arena in Vegas.  This shot Gambling911's traffic through the roof.

SportsBetting.ag first offered odds on a Canelo vs. Paul match on November 14, the day before Paul defeated Mike Tyson.

Paul was listed as a 10/1 underdog in that early line while Alvarez as a 1/20 (-2000) favorite. Since then, the odds have worsened for the dog.

Alvarez has agreed to a four-fight deal with Riyadh Season, with the Mexican superstar leveraging a widely speculated bout with Jake Paul for a much bigger contract.

Turki Alalshikh, the head of Riyadh Season and the General Entertainment Authority of Saudi Arabia, announced the deal Thursday on social media.

“Don’t mess with the lion,” Alalshikh said.

Alvarez quickly replied on social media: “Let’s go brother.”

The first fight under Alvarez’s new deal would be in May in Riyadh, Saudi Arabia. Ring Magazine, citing a source with knowledge of the details, said a bout against Terence Crawford was planned for September in Las Vegas at the Raiders’ Allegiant Stadium.

Alvarez has spent years as the biggest moneymaker in boxing, and the 34-year-old super middleweight champion used the threat of a stunt fight against Paul to leverage a major commitment from the Saudi Arabian government arm that has flooded the sport with money in the past few years.

Fight Line

Jake Paul +1100

Canelo Alvarez -2500