Canelo Alvarez vs Jaime Munguia Betting Lines and How To Bet Guide

By Boxing

It’s fight week! Canelo Alvarez will defend his undisputed super middleweight titles vs Jaime Munguia in Las Vegas this Saturday, May 4th (Cinco de Mayo weekend).

This will be Canelo’s fourth consecutive defense of his undisputed super middleweight title. He previously defended the undisputed title vs Golovkin (September 2022), John Ryder (May 2023) and Jermell Charlo (September 2023). Canelo is now 60-2-2 in his illustrious career.

Jaime Munguia is a 43-0 professional boxer from Mexico who will will be fighting his countryman in the biggest fight of his career. Munguia is coming off a 9th round TKO win over John Ryder to earn this shot at Canelo.

On this page I’ve outlined the Canelo vs Munguia odds and provided a simple three step guide you can follow to bet on the fight online.

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Canelo Alvarez vs Jaime Munguia Odds

Here are the odds for the Canelo vs Munguia title fight from (odds taken May 1st):

Fight Winner Odds

  • Canelo Alvarez -550
  • Jaime Munguia +375

Canelo is a -550 favorite to defend his super middleweight titles. Based on these odds Canelo is being given an implied probability of 84.6% to win the fight. Jaime Munguia is a +375 underdog, which indicates an implied probability of 21.1% that Munguia wins the fight. The extra 5.7% is the juice.

If you believe Canelo will win this fight at least 85% of the time then there’s value betting on Canelo at odds of -550. If you think Munguia can pull off the upset at least 22% of the time then there’s value betting Munguia at odds of +375.

The odds will change as we approach fight night in May. To see the current odds head to open the ‘Boxing’ drop down menu and select ‘Bouts’.

BetOnline also has several other betting markets for the fight including method of victory, round betting, total rounds, and more.

Here is a screenshot of the method of victory odds (taken May 1st):

How To Bet On Canelo Alvarez vs Jaime Munguia Online

Follow this three step tutorial to bet on the Canelo vs Munguia boxing match.

Step 1. Join A Betting Site

First you will have to open an account with an online sportsbook that accepts bettors from your location and is taking bets on the Canelo vs Munguia fight. I will be using for this guide. BetOnline accepts bettors from around the world (including the USA) and has fair odds for the fight.

Click here to visit, select ‘Join Now’ on the home page, and complete the sign up form to open your account.

Step 2. Deposit

Next you will have to fund your account with the money that you want to bet on the fight. Log into your BOL account and click the ‘Deposit’ button. Select one of the deposit options, enter the deposit amount, and follow the instructions to fund your account.

BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, and various other deposit options depending on your location.

Step 3. Place Your Bets

You will find the Canelo vs Munguia odds by opening the ‘Boxing’ menu and selecting ‘Bouts’. Here is a screenshot of the fight winner and total rounds odds (taken on May 1st):

Select the odds of the boxer you want to wager on, enter your risk amount on the Bet Slip, and click ‘Place Bet’ to lock in the wager.

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