GGG Opens as Betting Favorite vs. Canelo Alvarez in Mega-Fight Rematch
Joe Camporeale-USA TODAY Sports. Pictured: Gennady Golovkin.
- It’s official: Gennady “GGG” Golovkin and Saul “Canelo” Alvarez will be squaring off Sept. 15.
- GGG opened as a -150 favorite over Alvarez (+130).
- Their first fight ended in a controversial draw, despite most pundits believing GGG won the match.
Today, the rematch between Gennady “GGG” Golovkin and Saul “Canelo” Alvarez was made official … again. GGG (-150) opened as a favorite over Alvarez (+130) at the Westgate Las Vegas SuperBook.
The match will fall 364 days after their first fight last September.
— Oscar De La Hoya (@OscarDeLaHoya) June 13, 2018
The two boxers were initially set to face off for a second time May 5, but Alvarez tested positive for a banned substance in March and was subsequently suspended for six months.
Bettors are likely itching to get a piece of this fight following the odd outcome of their first bout. Most folks felt Golovkin had the slight edge last September, but one of the three judges gave Alvarez a 118-110 advantage on the card, which led to a draw.
These odds are actually a bit different than they were back when the Cinco de Mayo rematch was announced. At that time, GGG was -180 and Alvarez was +150. Perhaps, oddsmakers feel Canelo is a bit stronger nowadays.
These new odds essentially mirror the ones from the first fight, in which Golovkin was between a -140 and -170 favorite at most books. At William Hill, Alvarez received upward of 65% of bets, so it will be interesting to see whether the public will back the dog again in hopes of a plus-money payout.
Stay tuned for more news in the coming months about the next big fight.