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Wednesday, December 3, 2008

Odds still favor Oscar; Pacman slight underdog

MANILA, Philippines - The most recent betting lines in Las Vegas showed that Oscar de la Hoya was still favored to win against Manny Pacquiao, but only slightly.

De la Hoya was at minus-185 and Pacquiao at plus-155 when Filipino sportswriters checked the spreads once they hit Las Vegas late Monday.

That means a bet of $1.85 on de la Hoya will rake in $1.00, and a $1.00 on Pacquiao will net $1.55. The odds have remained that way for the last seven days.

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

Source: http://www.gmanews.tv/story/137162/Odds-still-favor-Oscar-Pacman-slight-underdog

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