Canelo Alvarez vs Jermell Charlo Betting Lines and How To Bet Guide

By Boxing

It’s almost fight night! Canelo Alvarez will defend his undisputed super middleweight titles vs Jermell Charlo this Saturday, September 30th in Las Vegas. Canelo recently signed a $100 million deal with PBC for three fights. The first fight will be vs Jermell Charlo, the smaller of the twin Charlo brothers.

This will be Canelo’s third consecutive defense of his undisputed super middleweight titles. He previously defended his belts vs Golovkin (September of 2022) and John Ryder (May of 2023), winning both fights by decision. Boxing purists are upset that Canelo is defending his belt against a fighter two weight classes below him rather than vs David Benavidez who is the interim WBC title holder at Canelo’s weight, and considered the most legitimate threat to Canelo’s reign as undisputed super middleweight champion.

Jermell Charlo is the undisputed light middleweight title holder (although he will stripped of his WBO belt when he enteres the ring vs Canelo). As mentioned above, he will be moving up two weight classes (14 pounds) to challenge for Canelo’s super middleweight belts. Charlo is 35-1-1 in his career, and similar to Canelo, boxing fans were hoping to see him defend his belts vs undefeated interim light-middleweight title holder, Tim Tszyu. That said, Charlo has the skill and discipline to give Canelo a tough fight at super middleweight if he can add the weight successfully.

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

Where To Bet On Canelo vs Charlo

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Canelo Alvarez vs Jermell Charlo Odds

Here are the odds for the Canelo vs Charlo title fight from (odds taken on September 29th):

Fight Winner Odds

  • Canelo Alvarez -450
  • Jermell Charlo +325

Canelo is a -450 favorite to defend his super middleweight belts. Based on those odds Canelo is being given an implied probability of 81.8% to win the fight. Jermell Charlo is the underdog with his odds of +325 indicating an implied probability of 23.5% that the smaller Charlo earns the victory. The extra 5.3% is the juice.

If you think Canelo wins the fight more than 82% of the time then there’s value betting on Canelo at odds of -450. If you think Charlo can earn the win at least 24% of the time then there’s value in Charlo at +325.

The odds will move as we approach fight night on Saturday. To see the up to date odds head to open the ‘Boxing’ drop down menu and select ‘Bouts’.

You can click on the fighters names to see the full list of betting markets available for the fight including method of victory, round betting, total rounds, and more. Here’s a screenshot of the method of victory odds (from September 29th):

How To Bet On Canelo Alvarez vs Jermell Charlo Online

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

Step 1. Open A Betting Account

First you will need to create a betting account with an online betting site that accepts bettors from your location and is taking bets on the Canelo vs Charlo fight. I will be using for this guide. BOL accepts players from across the world (including the US) 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

The next step is to fund your account with the money that you want to bet on the fight. After logging into your BOL account click the ‘Deposit’ button. Choose your preferred deposit method, enter the amount, and follow the instructions to make your deposit.

BOL 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 Charlo odds by opening the ‘Boxing’ menu and selecting ‘Bouts’. Here’s a screenshot of the odds (taken on September 29th – the day before the fight):

Select the odds of the fighter you want to bet on, enter your risk amount on the Bet Slip, and click ‘Place Bet’ to make your wager.

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