Canelo Odds: Alvarez -1200 to beat cruiser king Makabu

Canelo Alvarez Odds

Saul ‘Canelo’ Alvarez has shocked the boxing world by deciding to move up to cruiserweight for his next bout, totally against all odds.

The Mexican megastar had a number of high-profile options for his next move after stopping Caleb Plant recently to annex all of the major world titles at super-middleweight:

  • He could have given the boxing world the trilogy fight with Gennadiy Golovkin it still craves.
  • He could have stayed at super-middle to meet the dangerous David Benavidez.
  • He could have moved up to light-heavy to take on unbeaten IBF and WBC king Artur Beterbiev.

To name but three…

Instead though Canelo will step up two weight classes to 200lbs to try to win a world title in a fifth weight class – he has already won titles at super-welterweight, middleweight, super-middleweight and light-heavyweight.

The 57-1-2 star made his request to fight for the WBC cruiserweight strap at the governing body’s annual convention in Mexico City. When manager and coach Eddy Reynoso asked for Canelo to be allowed the fight, the request reportedly drew gasps from everybody else in the room – hardly surprising!

Canelo Next Fight: Date and live stream

So, Canelo is now set to fight defending champion Ilunga Makabu next May or June with the Congolese man’s WBC strap on the line.

The venue and exact date are yet to be announced, but surely a showdown in Las Vegas on Cinco De Mayo weekend must be the favorite landing spot.

There are of course no PPV details either yet – Canelo vs Plant landed in Showtime recently after the Mexican’s previous fights dating back to late 2018 had aired on streaming platform DAZN.

We expect another huge bidding war for the Makabu fight, with Canelo now of course a promotional free agent after his high-profile split with Oscar De La Hoya’s Golden Boy Promotions.

Canelo vs Makabu Odds

Canelo is unsurprisingly a heavy betting favorite at -1200 (bet $1200 to win $100) to defeat the 34-year-old Makabu (28-2), who won the vacant title in January 2020 with a decision victory over Michal Cieslak in Kinshasa.

If you like the chances of an upset win for Makabu, you can get +600 right now (bet $100 to win $600).

How many belts does Canelo have in 2021?

Canelo has just completed unifying the major titles at super-middleweight. He defeated Britain’s Callum Smith in December 2020 to claim the WBC and WBA titles, then stopped another Briton Billy Joe Saunders in May 2021 to add the WBO title. The stoppage of Plant in November 2021 added the IBF strap to Canelo’s collection and meant he had the full set at 168lbs.

How do betting odds work in boxing?

Boxing betting works pretty much the same way as other sports do.

The simplest bet of all is the money line – where you just bet a fighter to win.

If your pick – say Canelo – is -600, you win $100 for every $600 you bet. Tough sledding.

If your pick – say Makabu – is +400, you win $400 for every $100 you put down.

As well as money line odds, there are a ton of prop bets and other special markets. You can bet on the method of victory or even what round the fight will end.

Basically there is a ton of betting fun out there every time a big fight happens.

Betting signup bonuses for Canelo fights

Every time Canelo fights the online sportsbooks offer great signup bonuses to entice new customers.

For example they might offer you +5000 that he wins, even though the money line is -600. The flip side is you’ll likely only be able to stake a small amount (maybe as low as a dollar), and you’ll need to be a new customer.

Stay across our signup bonuses page for all the latest and best promotional offers.