BOXING · Sat (9/17) @ 11:00 pm ET
|not yet finalized, not yet finalized, NV|
Canelo Opens As Large Favorite
FanDuel’s -410/+290 odds offering and DraftKings’ -425/+320 represent a far wider split than what bettors saw at sportsbooks in the first two bouts between these combatants, and it marks the first time Canelo has been priced as the favorite.
In their second fight, in September 2018, Golokvin closed as the chalk, ranging from -175 to -210, before losing a majority decision to Alvarez (+145 to +188), per ProBoxingOdds.com. In their first go-round, in September 2017, Golovkin (-200) and Canelo (+175) fought to a split-decision draw.
Canelo (57-2-2) is coming off a loss – just the second of his career – but it came as he stepped up in weight class to face light heavyweight Dmitrii Bivol earlier this month.
The loss to Alvarez is the only one on Golovkin’s resume (42-1-1), and the age difference between these fighters (Canelo is 31, GGG is 40) is another big factor in how the trilogy is priced.
How Will The Odds Move Ahead Of Fight Time?
Typically with big prize fights, public interest on the underdog tightens the odds during early wagering. Sharps wait for that action to drive down the price on the favorite before laying the wood.
In other words, if you’re leaning GGG here, betting sooner rather than later is probably the better approach. If you like Canelo, exercise patience and watch the line move to a more attractive place.
Where Will Canelo vs. Golovkin 3 Take Place?
The site for the bout has yet to be announced, but conventional wisdom says it will go down in Las Vegas. That’s where the first two meetings occurred, and they each generated over $20 million in gate receipts, ESPN noted.
T-Mobile Arena was the site of the first two bouts.
Canelo’s Choice Of Rematches
Rather than go back after Bivol, Alvarez chose to give GGG another crack at him. Alvarez, though, also sees a rematch with the Russian on the horizon.
Alvarez was dominated by Bivol and lost a unanimous decision that many boxing observers didn’t see as close as the judges scored it.
“We already had that contract (with Golovkin), that agreement, so we have to continue what we started, and I think those are the two biggest fights in boxing, the fight with Golovkin and the rematch with Bivol,” Alvarez said Monday at his golf invitational in Naucalpan, Mexico, per ESPN. “Unfortunately, we lost, but that doesn’t mean I’m not going to try again.”
Alvarez closed as high as a -625 favorite against Bivol, but it’s unlikely bettors will have the opportunity to buy Bivol at +450 again.