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Miguel Cotto back a solid betting 2 to 1 underdog
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Miguel Cotto listens during a news conference at the MGM
Grand Wednesday in Las Vegas. Cotto is scheduled to face
Manny Pacquiao in a WBO welterweight championship
match Saturday. (AP Photo/Isaac Brekken)
Last night I reported Miguel Cotto had moved from being over a 2 to 1 underdog to being slightly under the 2 to 1 ratio for his fight with Manny Pacquiao this Saturday night.
Some speculated the smart money had swooped in on the favorable betting line to shift the odds.
But as always with gambling, the market had pushed backed and money has poured back into Pacquiao to win by decision.
At 12:00 Pacific Standard Time on Wednesday afternoon, the Cotto is again a 2 to 1 underdog to win at +220 and Manny Pacquiao is nearly a 3 to 1 favorite to win (-280). These odds were made available by SportsBook.
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