..

Pacman Odds Now +190 as Heavy Action Comes in on Underdog

Written by:
Don Shapiro
Published on:
May/02/2015
Pacman Odds Now +190 as Heavy Action Comes in on Underdog

Manny Pacquiao – otherwise known as Pacman – has seen his odds cut from +260 to +190 during the early part of this afternoon following a surge of money on the Filipino fighter.

The payout would still be $190 on a $100 bet or $19 for every $10 bet.

60% to 65% of the action online has been going towards Pacquiao with the other 35% going towards the favorite Floyd Mayweather, Jr. Much of the heavy wagering volume is coming in from Asia.

In Pacquiao’s native Philippines, the underdog is getting almost all the action, which doesn’t make things easy for local sportsbooks like SoftecDigital, which operates out of the Solaire Resort and Casino in Manila.   

“The Philippines is the Pacquiao heartland and that makes it incredibly difficult for us, as bettors here are flooding the book with ‘emotional bets’ because they want to see their hero win,” Said SoftecDigital VP Esteban Robles in an interview with Rappler.com.

It’s unique to the Philippines. "As most bettors make calculated bets using statistics, you would expect at least some to go for a fighter with a 45-0 record as opposed to one who has already been defeated," he said.

He added that around 92% of the bets that came in were for Pacquiao, with the farthest most locals seeming to go for is a draw which represents about 5% of the volume.

- Don Shapiro, Gambling911.com

Sports News

Where Can I Bet the KSU Sweet 16 Game From Kansas?

KSU vs. MSU Sweet 16 Betting Odds

Sorry Jayhawks fans, your team bowed out of this year's tournament.  But one of the Kansas teams is advancing to the Sweet 16.  That would be the KSU Wildcats.

Kentucky Bows Out With Loss to KSU

Kentucky was listed as a -2.5 favorite in this one.  They owned a 22-11 record straight up but were sitting right at the .500 mark Against The Spread.

Is PrizePicks Legal in Texas?

PrizePicks is legal in the Lone Star State Texas despite the state not offering any in-state regulated sports betting sites

Syndicate