Canelo Alvarez vs. Jaime Munguía: Where to Bet on Canelo vs Munguía

Canelo Alvarez vs. Jaime Munguía: Where to Bet on Canelo vs Munguía

Canelo Alvarez is the King of Mexican Boxing, but he has a plucky challenger right now, as Jaime Munguía is 6 years his junior and currently holds an unbeaten record of 47-0. He will have to go some way to eclipse Canelo's 60 wins, and this is a huge step up for the challenger, but can he put on a show on Cinco de Mayo weekend?

The odds suggest that Canelo Alvarez should retain his title in Las Vegas tonight, as he is the overwhelming favorite at just -430 on the Moneyline. Having said that, he was as short as -525 recently, so the tide might be changing in the betting.

Some bettors may be cautious, after Canelo lost in a similar spot to Dmitry Bivol, while Ryan Garcia recently beat Devin Haney as a substantial underdog. Regardless, Canelo is the favorite, and he will be expected to get the job done.

Right now, if you were to put a $50 bet on Canelo, who is best-priced at -430 over on FanDuel Sportsbook, you would only cash $61.63 in total if he won.

The good news is, that we have multiple ways for you to win bigger on Canelo Alvarez, including guaranteed bonuses from DraftKings Sportsbook and bet365, as well as a profit boost from FanDuel.

Before we get into those offers in more detail though, let's check out the latest odds for the fight.

Canelo Alaverez's Odds To Beat Jaime Munguía

FanDuel Sportsbook are currently offering the best odds on a Canelo Alvarez win, and at those -430 odds, you will take home $61.63 from a $50 bet if he wins.

You can cash an additional $150 bonus if Canelo does win, by clicking here or by signing up with the FanDuel Sportsbook promo code below.

Jaime Munguía's Odds To Beat Canelo Alvarez

FanDuel are offering the best odds on a Jaime Munguía win as well.

We think the best way to bet on Munguía is with DraftKings Sportsbook though. This is because you will bet $5 and get $200 in guaranteed bonuses win or lose. If your $5 bet does win, you would cash $240 in initial profit, plus the $200 bonus. This means a maximum payout of $440 and a minimum payout of $200.

You can sign up for this DraftKings Boxing promo code here or on the offer button below.

DraftKings Canelo Alvarez vs Jaime Munguía

As you can tell from the offer above, DraftKings Sportsbook is the place to be for Canelo Alvarez vs. Jaime Munguía. Sure, FanDuel might be offering better odds on both fighters, but if you are a new customer looking to bet on the fight, DraftKings' welcome bonus is superior.

Bet $5, Get $200 on this fight with the DraftKings promo code.

How to bet on the Canelo Alvarez vs Jaime Munguía fight

Here are the most popular betting markets for this Canelo fight.

Moneyline: A simple win bet on either fighter. It doesn't matter how or when they win, your bet will pay out if your chosen fighter's arm is raised.

Total Rounds: Here you are betting over/under on the total rounds you expect this fight to last.

Winning Method: With the Winning Method bet you are betting on how the fight will end as well as the winner. For example, Canelo Alvarez to Win by Decision.

Round Betting: Betting on which round you think the fight will end. You can also bet on a fighter to win in a particular round. For example, you could bet on Canelo Alvarez to win in Round 8.

Knockdowns: Betting on how many many knockdowns there will be, or who will hit the canvas.

Where To Bet On Canelo Alvarez vs. Jaime Munguía in New Jersey

New Jersey sports bettors have a wealth of options when it comes to betting on this fight, and as one of the most popular betting states, it is important to compare each option.

Check out what other bonus bet offers are available in New Jersey

Where To Bet On Canelo Alvarez vs. Jaime Munguía in Colorado

The Colorado sports betting market continues to grow, and we have compared the best sportsbook options in the Centennial State.

Check out what other bonus bet offers are available in Colorado

Where To Bet On Canelo Alvarez vs. Jaime Munguía In Arizona

Arizona is another bustling sports betting market, and we again have looked at all the best options for you in the Grand Canyon State.

Check out what other bonus bet offers are available in Arizona

Where To Bet On Canelo Alvarez vs. Jaime Munguía In Illinois

Illinois is a massive sports betting market and one of the states that brings in the most revenue when it comes to betting. Check out your options for the fight if you are in Illinois below.

Check out what other bonus bet offers are available in Illinois

Where To Bet On Canelo Alvarez vs. Jaime Munguía In Indiana

Indiana is another growing sports betting market that is similar in terms of size and revenue to Arizona and Colorado. There will be many bettors in Indiana looking to wager on this Canelo fight.

Click here to see the best promos in Indiana

Where To Bet On Canelo Alvarez vs. Jaime Munguía In Iowa

Iowa is another busy sports betting state, and there are plenty of places to bet on the big fight there.

Click here to see the best sports betting promos in Iowa

Where To Bet On Canelo Alvarez vs. Jaime Munguía In Louisiana

The Louisiana sports betting market is one of the most popular in America, and there are many options for this Canelo fight in the state.

Click here to see the best sports betting promos in Louisiana

Where To Bet On Canelo Alvarez vs. Jaime Munguía In New York

The New York sports betting market is set to become the biggest in America, with huge growth since 2022. See how you can bet on Canelo in the Big Apple, with our best New York sportsbooks below.

Click here to see the best sports betting promos in New York

Where To Bet On Canelo Alvarez vs. Jaime Munguía In Pennsylvania

Another powerhouse in the sports betting market, residents of Pennsylvania have a whole heap of choices when it comes to betting on this Canelo vs. Munguía bout.

There are multiple sports betting promotions to take advantage of in PA click here to find out more.

Where To Bet On Canelo Alvarez vs. Jaime Munguía In Tennessee

Tennessee sports bettors can claim many of the best promos for this fight and we compare the best on the TN bonus bets page below.

Click here to see the best sports betting promos in Tennessee

Where To Bet On Canelo Alvarez vs. Jaime Munguía In Virginia

Virginia offers plenty of betting options for residents looking to wager on Canelo vs. Munguía tonight. Check out or favorite new user bonuses for the fight below.

Click here to see the best sports betting promos in Virginia

Where To Bet On Canelo Alvarez vs. Jaime Munguía In West Virginia

Residents of West Virginia will also have many great options when it comes to betting on tonight's mega fight.

Click here to see the best sports betting promos in West Virginia

Where To Bet On Canelo Alvarez vs. Jaime Munguía in Ohio

The Ohio sports betting market launched at the beginning at the start of 2023 and has never looked back. Find out where you can claim the best sports betting promos in the state, below.

Click here to see the best sports betting promos in Ohio

Where To Bet On Canelo Alvarez vs. Jaime Munguía in Massachusetts

Massachusetts is a relatively new betting market, but one that certainly packs a punch. Bet on this fight in MA and win bigger with our promos.

Click here to see the best sports betting promos in MA

Where To Bet On Canelo Alvarez vs. Jaime Munguía in North Carolina

North Carolina sports betting launched this year, and users will be looking to bet on this blockbuster fight in the Tar Heel State.

Click here to see all the best North Carolina sports betting promotions