Namely, Canelo Alvarez and Jaime Munguia will meet on Saturday at T-Mobile Arena in Las Vegas. At stake is Alvarez’s undisputed super middleweight championship. The matchup is a one-fight deal for Alvarez and the Premier Boxing Champions (PBC). Previously, the sides parted ways with two bouts remaining on a three-fight agreement signed last June. Certainly, it is a Boxing odds triumph for PBC to welcome Alvarez, boxing’s top star, back into the fold. Equally important is that Canelo means box office and massive betting activity. Betting action is coming in hot this week.
Boxing Odds – Unified Super Middleweight Title Bout
| Date and Time: | Saturday, May 4, 2024 |
|---|---|
| Location: | T-Mobile Arena, Las Vegas, Nevada |
| Canelo Alvarez vs. Jaime Munguia TV Coverage: | DAZN and Amazon Prime PPV |
UFC
| Fighter | Odds |
|---|---|
| Alvarez | -600 |
| Munguia | +420 |
Canelo Alvarez vs. Jaime Munguia SBG Odds Overview
Previously, Munguia (43-0, 34 KOs) is coming off a career-best sportsbook win, a ninth-round TKO of John Ryder in January. He has steadily improved under the guidance of Hall of Fame trainer Freddie Roach. Now, Munguia will represent Alvarez’s first Mexican opponent since Julio Cesar Chavez Jr. in 2017. Munguia is rated No. 4 by ESPN at 168 pounds.
Canelo Alvarez, ESPN’s No. 4 pound-for-pound boxer, was lined up for a Boxing odds championship defense against Jermall Charlo in May. However, Alvarez and PBC could not agree to terms for the matchup. Further, that situation contractually allowed him to explore other options.
Alvarez (60-2-2, 39 KOs) discussed a return to DAZN for bouts with Munguia and Edgar Berlanga this year. However, when those talks stalled, the champion returned to the table with PBC. Additionally, Alvarez plans to fight on Mexican Independence Day weekend. Of course, Alvarez defeated Jermall’s twin brother, Jermell Charlo, via unanimous decision in September. He retained his undisputed super middleweight championship.
When the deal was signed in June, Jermall Charlo was lined up as the first opponent. However, he ultimately withdrew because of personal matters. Instead, Jermell stepped in. Meanwhile, Jermall and Errol Spence Jr. loomed as possibilities for the second and third bouts of the deal. That was before Spence lost a TKO to Terence Crawford in a one-sided beatdown in July. Thus, that eliminated one viable opponent for Alvarez.
And then, in November, Jermall failed to impress in a decision win against Jose Benavidez Jr. The bout was Charlo’s first in 29 months. Naturally, it’s a big event any time Alvarez fights, but there was little commercial demand for a matchup with another Charlo. Especially after Jermell’s listless performance in September.
Thus, with an Alvarez-Charlo fight less appealing for May, the door opened for what promises to be a far more lucrative matchup with Munguia. Alvarez has been the sport’s top attraction since Floyd Mayweather Jr. retired in 2017.
Canelo’s record includes a pair of wins over Gennadiy Golovkin and titles in four weight classes. His win over Charlo was preceded by a decision victory over Ryder in May in Mexico. Alvarez scored knockdowns in both fights.
In this situation, Canelo Alvarez will be the public choice, with a tsunami of casual money flooding the betting windows and driving up the price far beyond where it belongs. In comparison, Jaime Munguia lacks Canelo’s body of work. Manguia has a strong record, but there is only one Canelo.
Alvarez vs. Munguia SBG Free Pick: Canelo Alvarez.