Canelo vs. Munguía Odds: How to Bet on the Fight on Cinco de Mayo Weekend

Canelo vs. Munguía Odds: How to Bet on the Fight on Cinco de Mayo Weekend

One of the biggest boxing fights of the year takes place this Cinco de Mayo weekend between two of Mexico's best boxers.

Canelo Alvarez takes on Jaime Munguía in what will be Canelo's eighth time fighting on this national holiday weekend against his fellow countryman.

The super-middleweight title will be on the line as Canelo attempts to defend his undisputed championship in Las Vegas.

You can bet on this fight in a number of ways, including with some incredibly exciting welcome bonuses from some of the US' biggest sportsbooks.

You can quite literally claim $1000s in bonus bets as a new user, so read on to find out which sports betting promos you can unlock now and where to find the best odds!

Canelo vs Munguía betting odds

Here are the latest moneyline odds on Canelo vs Munguía this weekend:

Moneyline

• Canelo Alvarez (-525)
• Draw (+2000)
• Jaime Munguía (+380)

Canelo is the clear favorite to win this fight and retain his super-middleweight title against Munguía.

These odds may not be too favorable if you're betting on Canelo, so first we can look at how you can win bigger via new customer promotions, and then we can look at alternative betting markets for Canelo vs Munguía.

How to Bet on Canelo vs Munguía With New User Betting Promotions

If you are signing up for a new sportsbook account ahead of this fight, then these three welcome offers will all provide great value on your initial wagers.

DraftKings Promo Code: Bet $5, Get $200 Guaranteed on Canelo vs Munguía

Looking at the latest moneyline odds, it's clear that Canelo is the favorite to win this fight, and the only reason you would bet against him is because Munguía's odds are so appealing.

The good news is you can still get good value when betting on Canelo despite the odds, with the latest DraftKings promo code.

All new users need to do is sign up following the guide below, deposit and bet $5 on Canelo, and within minutes you will be credited with $200 in bonus bets!

Whether your bet wins or loses, you will still receive $200 in bonus bets no matter what, plus keep any profit made from your first wager.

Considering a $5 bet at his current odds would only pay out $5.95, a very small 95-cent profit, this DraftKings promo code is incredible. You are essentially being paid out at +4000 no matter what.

A $5 bet on Munguía would pay $24 if he won, and you will keep the $200 bonus even if he loses, so maybe you'd prefer to use this bonus to bet on the underdog.

Sign up for this DraftKings promotion by following the steps below.

Step One: CLICK HERE or claim the offer below to add your DraftKings promo code to your account.

Step Two: Complete your DraftKings Sportsbook registration, and make your first deposit into your new account

Step Three: Place a $5 wager on the Canelo vs Munguía Moneyline or any other betting market

Step Four: Now receive $200 in bonus bets, and keep any profit you make on your first bet

FanDuel Promo Code: Win $150 on Canelo vs Munguía

If you want another $150 in bonus bets, then sign up to FanDuel Sportsbook, which is also paying out $150 in bonus bets, if your bet wins.

The FanDuel promo code is another one of the best betting promos on the market and one that should not be passed up.

Claim the DraftKings promo code, the FanDuel promo, and our next bonus bet option, to claim $500 in guaranteed bonuses, from just $15 in stakes.

The only difference with this offer is that your qualifying $5 wager must win for FanDuel to credit you the $150 bonus, so make sure you choose your bet carefully! Your best option will probably be to bet on a Canelo win with the odds being so much in his favor.

Claim this FanDuel Sportsbook promo code in time for this fight by following the steps below.

Step One: CLICK HERE or click the offer button below to redeem the FanDuel promo code ahead of Canelo vs Munguía

Step Two: Register for a new FanDuel Sportsbook account by following the instructions on your screen

Step Three: Once registered, deposit $10+ into your new account.

Step Four: Bet $5 on Canelo vs Munguía

Step Five: If your bet wins, $150 in bonus bets will be hitting your account

Bet365 Promo Code: Bet $5, Win $150 on Canelo vs Munguía

bet365 is now live in 10 states, meaning there are now millions of people eligible to claim this epic bet365 bonus code.

bet365 is offering $150 in bonus bets to anyone who signs up for an account today, and bets $5 on the Canelo vs Munguía fight. This time though, your qualifying wager doesn't need to win and the $150 bonus is guaranteed!

You will need to bet at odds of -500 or bigger, so you cannot simply bet on the Canelo Moneyline, but there are many alternative bets that will qualify, detailed below. Sign up for bet365 today, bet $5 on Canelo vs Munguía, and get $150 at the end of the fight, no matter what.

Follow these steps, to claim the $150 bet365 bonus code.

Step One: CLICK HERE or on the "Claim $150 Now" button below to secure the bet365 bonus code

Step Two: Complete your registration with bet365

Step Three: Deposit $10 into your new bet365 account

Step Four: Bet just $5 on Canelo vs Munguía

Step Four: Get $150 in guaranteed bonus bets thanks to the bet365 promo code

Alternative Betting Promotions to Use When Betting on Canelo vs Munguía

Here are some other betting promotions you can claim to help you win bigger on Canelo vs Munguía.

• BetMGM Sportsbook: Use Code 'OCMAX1500' to claim a $1500 first bet on Canelo vs Munguíay
• Caesars Sportsbook: Get $1000 First Bet Cover for your first Canelo vs Munguía bet
• Fanatics Sportsbook: Get Bonus Bets Matched up to $1000 for your Canelo vs Munguía wager

Best Betting Markets to Bet on Canelo vs Munguía

There are so many betting markets to choose from to claim any of the promotions mentioned above. We've already talked about the Moneyline, so here are the other best markets to bet on Canelo vs Munguía.

Method of Victory

One of the best ways to boost the odds on either fighter is to bet not only on a winning method but the exact winning method. You will see the betting markets for both below:

Fight Outcome

• Canelo Alvarez by Decision or Technical Decision −115
• Canelo Alvarez by KO/TKO/DQ +180
• Draw +2000
• Jaime Munguia by Decision or Technical Decision +700
• Jaime Munguia by KO/TKO/DQ +950

Exact Winning Method

• Canelo Alvarez to Win by KO +550
• Canelo Alvarez to Win by TKO +275
• Canelo Alvarez to Win by Disqualification +10000
• Canelo Alvarez to Win by Unanimous Decision +110
• Canelo Alvarez to Win by Split Decision +850
• Canelo Alvarez to Win by Majority Decision +1400
• Draw +2000
• Jaime Munguia to Win by KO +2500
• Jaime Munguia to Win by TKO +1400
• Jaime Munguia to Win by Disqualification +10000
• Jaime Munguia to Win by Unanimous Decision +1200
• Jaime Munguia to Win by Split Decision +2000
• Jaime Munguia to Win by Majority Decision +3500

Round Betting

• Canelo Alvarez to Win In Round 1 +6500
• Canelo Alvarez to Win In Round 2 +4000
• Canelo Alvarez to Win In Round 3 +3000
• Canelo Alvarez to Win In Round 4 +2500
• Canelo Alvarez to Win In Round 5 +2200
• Canelo Alvarez to Win In Round 6 +2000
• Canelo Alvarez to Win In Round 7 +1800
• Canelo Alvarez to Win In Round 8 +1600
• Canelo Alvarez to Win In Round 9 +1600
• Canelo Alvarez to Win In Round 10 +1600
• Canelo Alvarez to Win In Round 11 +1800
• Canelo Alvarez to Win In Round 12 +2000
• Canelo Alvarez Decision Or Tech Decision −115
• Draw +2000
• Jaime Munguia to Win In Round 1 +10000
• Jaime Munguia to Win In Round 2 +10000
• Jaime Munguia to Win In Round 3 +8000
• Jaime Munguia to Win In Round 4 +8000
• Jaime Munguia to Win In Round 5 +8000
• Jaime Munguia to Win In Round 6 +8000
• Jaime Munguia to Win In Round 7 +8000
• Jaime Munguia to Win In Round 8 +8000
• Jaime Munguia to Win In Round 9 +8000
• Jaime Munguia to Win In Round 10 +8000
• Jaime Munguia to Win In Round 11 +10000
• Jaime Munguia to Win In Round 12 +10000
• Jaime Munguia Decision Or Tech Decision +700

Canelo vs Munguia Time

The Canelo vs Munguia ringwalks are scheduled for 11pm ET with the event set to begin at 8pm ET.

Canelo vs Munguia PPV price

Canelo vs Munguia can be seen live on DAZN PPV in the US with an asking price of $89.99.