One sports book refunded Manny Pacquiao bettors, others lost huge on fight (plus other funny betting business stories)
There was some funny betting going on for the Manny Pacquiao-Timothy Bradley fight on Saturday that won’t help decrease speculation that the fight was fixed.
RJ Bell of Pregame.com tells us that while most of the money came in on Pacquiao in the months leading up to the fight, big money came in on Bradley the day of the fight.
LBS insider Arsenious says the same thing, and tells us that the moneyline on Bradley plummeted from +475 to +300 in the final hour before the fight began. That means so much money came in on Bradley on Saturday, it lowered the payout odds on him to win the fight from 4.75:1 to 3:1.
Because of the big money that poured in on Bradley on Saturday, Las Vegas sports books lost big on the fight, per Bell. He tells us that one online sports book said it lost more on this fight than any other in its history.
We also have two other crazy betting stories from the fight.
Sports book Paddy Power felt the split decision in favor of Bradley was so awful, they gave a “justice refund” to those who bet on Pac Man.
“The only decent thing to do is to hand back the money to the punters who put their faith in Manny and were let down by poor reffing,” they said in a tweet. “JUSTICE REFUNDS now in your accounts if you had placed a bet on Manny to win.”
Lastly, Bell tells us that some sports books allow betting between rounds during the fight. After the 12th round and before the decision was announced, he says the odds were 200:1 that Bradley would win the decision.
Naturally, Pacquiao is an even bigger favorite for the rematch in November. Based on the story line, there’s no way he loses it, right?