Odds on Canelo Alvarez vs Terence Crawford (Updated)

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Boxing has its first superbout in a long, long time.

Saul “Canelo” Alvarez is fighting Terence “Bud” Crawford on September 13th in Las Vegas.

There must be a Brinks Truck worth of money in it for Bud to take this fight as the significantly lighter man.

He’s a natural welterweight at 147 and didn’t display much power in his one fight at 154 lbs.

The super fight between Canelo Alvarez and Terence Crawford will be aired worldwide on Netflix on September 13. The historic streaming deal could will put boxing back on the map. 

Betting on Canelo Alvarez vs Terence Crawford is available already at BetOnline.

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Canelo is a natural super middleweight at 168 lbs. and has fought as high as 175 at light heavyweight.

Jumping up basically three weight classes for a 38-year old Crawford is no joke.

The oddsmakers at BetOnline.ag opened this fight with Canelo at -150 (2/3) and Bud at +120 (6/5).

The fight line had quickly moved in Canelo’s favor, likely due to the size difference.

On June 10, 2025, BetOnline released breakdown of the odds shifts over time.

January 13, 2025

Saul Alvarez                  -150

Terence Crawford         +120

 

January 14, 2025

Saul Alvarez                  -185

Terence Crawford         +155

 

January 20, 2025

Saul Alvarez                  -205

Terence Crawford         +165

 

May 4, 2025

Saul Alvarez                  -170

Terence Crawford         +140

 

May 8, 2025

Saul Alvarez                  -145

Terence Crawford         +115

 

May 17, 2025

Saul Alvarez                  -155

Terence Crawford         +120

 

May 20, 2025

Saul Alvarez                  -170

Terence Crawford         +140

 

This fight is expected to shatter all PPV sales records and is a massive addition to the already packed NFL and college football betting slate that month, assuming this bout goes off as planned.

ESPN Deportes' Julius Julianis suggested a deal is already in place. Other sources have suggested it can happen as early as May, though such plans sound extremely ambitious.

The oddsmakers weren't going to wait around to find out though.

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