Now that boxing fans are beginning to get over the shock of Andy Ruiz knocking out heavyweight champion Anthony Joshua on Saturday, sports books are beginning to post odds for the rematch.
And Ruiz, who now holds three heavyweight titles, is still the underdog.
Depending on the sports book, Ruiz was somewhere between a 10/1 and a 20/1 underdog vs. Joshua on Saturday night. According to BetOnline, he’ll find himself in a similar position when the two battle again.
In its opening line Monday for the potential rematch, BetOnline made Joshua a -350 favorite, meaning you’d have to bet $350 to win $100. Ruiz, meanwhile, is a +275 underdog. That means you’d win $275 for a $100 wager. It’s not nearly as wide as Ruiz being a +1400 underdog, but it’s an interesting look at how the sports book thinks the public will bet on the rematch.
“Considering Ruiz was a 14/1 underdog this past weekend, it would be hard to justify him being another huge underdog,” Dave Mason, the sports book brand manager for BetOnline, told Forbes in an email. “However, we expect the smart money to come in on Joshua closer to the fight while the public will probably back Ruiz again.”
In other words, Mason predicts that professional gamblers and other sharp bettors will put their money on Joshua while the fans who just watched Ruiz destroy Joshua will bet that Ruiz can accomplish it a second time.
https://www.forbes.com/sites/joshkat.../#55f8c6371886
C'mon Wilder fans put your trainers on Ruiz to win, you'll be making money.
And Ruiz, who now holds three heavyweight titles, is still the underdog.
Depending on the sports book, Ruiz was somewhere between a 10/1 and a 20/1 underdog vs. Joshua on Saturday night. According to BetOnline, he’ll find himself in a similar position when the two battle again.
In its opening line Monday for the potential rematch, BetOnline made Joshua a -350 favorite, meaning you’d have to bet $350 to win $100. Ruiz, meanwhile, is a +275 underdog. That means you’d win $275 for a $100 wager. It’s not nearly as wide as Ruiz being a +1400 underdog, but it’s an interesting look at how the sports book thinks the public will bet on the rematch.
“Considering Ruiz was a 14/1 underdog this past weekend, it would be hard to justify him being another huge underdog,” Dave Mason, the sports book brand manager for BetOnline, told Forbes in an email. “However, we expect the smart money to come in on Joshua closer to the fight while the public will probably back Ruiz again.”
In other words, Mason predicts that professional gamblers and other sharp bettors will put their money on Joshua while the fans who just watched Ruiz destroy Joshua will bet that Ruiz can accomplish it a second time.
https://www.forbes.com/sites/joshkat.../#55f8c6371886
C'mon Wilder fans put your trainers on Ruiz to win, you'll be making money.
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