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by: bbonline
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Date: Thu, 7 Jan 2010 Time: 1:55 AM
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Boxing fans are practically in dreamland these days with the promulgation that negotiations for a Manny Pacquiao vs. Floyd Mayweather Jr. fight are close to being finalized. If all works out, it would give the boxing world perhaps its biggest match in a boxing history.

In Las Vegas, a few sports betting sites have already posted a line on the fight with some oddsmakers varying on the favorite. At the MGM Grand, sportsbook manager Jeff Stoneback hasn’t released numbers for the highly-anticipated bout and is keeping his fingers crossed that his company will land the contract to host the event on March 13, 2010.

“For a fight like that, you get a lot of high rollers coming to town plus all the Filipino fans coming to cheer Pacquiao, It would be a huge month for us with March Madness going on as well.” says sportsbook manager Jeff Stoneback.

Oddsmakers are expecting this high profile fight to cover all other past fights in terms of interest and betting volume. It would feature the top two pound-for-pound boxers in the world in a welterweight superbout.

According to a popular boxing linesmaker Joey Oddessa, “I expect this bout to break records everywhere, Pay-Per-Views, live gate and wagering volume. This bout quenches everyone’s thirst for a phenominal global matchup that will determine the best pound-for-pound fighter on the planet”. A lot of top casino, offshore and online sports betting sites and bookmakers posted Pacquiao-Mayweather odds following Pacquiao’s recent TKO victory over Miguel Cotto. Joey Oddessa opened his numbers in November with Mayweather Jr. as a -175 favorite, coming off an excellent decision win over Juan Manuel Marquez last September 2009.

“If Pacquiao didn’t look so impressive against Miguel Cotto, Floyd would belong over -200. Bettors have short memories because Mayweather put a one-sided beatdown on Marquez after a year layoff.” Said Joey Odessa.

However, in the ahead of the schedule of action for offshore books is coming in on Pacquiao, driving the price on Mayweather down as low as -145 at some markets. Pacquiao is sitting around a +115 underdog at most sportsbooks.

Face To Face Match Ups

Manny Pacquiao (50-3-2, 38 KO’s): Coming off as the latest in what has been a string of dominating victories for the Filipino champion with a victory over WBO Welterweight champion Miguel Cotto in Las Vegas. His win secured Pacquiao his 7th title in as many weight classes, a boxing record.

Floyd Mayweather Jr. (40-0, 25 KO’s): Mayweather was considered by many to be the best pound-for-pound fighter in the world after victories over Oscar De La Hoya and Ricky Hatton in late 2007, before choosing to retire after Hatton fight. Mayweather’s match with Marquez was his first since returning from retirement.

In Pacquiao and Mayweather’s agreement, it would be one of the richest fights in history, and also one of the most eagerly anticipated. Manny would be putting his WBO Welterweight title on the line, but more importantly, the winner would be almost guaranteed entry to the boxing hall of fame, and a lasting legacy, while the loser would be remembered as second best.

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