Wednesday, 4 March 2015

Vegas gamblers piling money on Pacquiao to beat Mayweather

Manny Pacquiao has always believed he can do what 47 other fighters before him have failed to do – beat Floyd Mayweather Jr in the ring.
Turns out a lot of other people are believers, too. And they’re backing their opinions with real money.
A flurry of early action on Pacquiao has already narrowed the odds for the big fight in Las Vegas’s legal sports books. By the time they get into the ring May 2, it’s conceivable that Mayweather might not be favourite at all.
“I’ve never seen Mayweather this low eight weeks out before the fight,” said Jimmy Vaccaro, who has booked money on every big fight for the past four decades in Las Vegas. “This is as close as we get to a legitimate pick ‘em fight since Mayweather fought [Oscar] De La Hoya.”
That meant a bettor had to wager $300 to win $100 on Mayweather, while Pacquiao paid $250 for every $100 bet. Vaccaro had barely posted the line when he got a $3,000 bet on Pacquiao, and the trend has continued unabated.
“The smarts really aren’t jumping in yet, they’re going to wait to see how low it goes,” Vaccaro said. “They’re telling you that they think it will get much lower.”

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