Listed as one of the greatest boxing upsets in recent history, Manny Pacquiao and Jeff Horn went head to head in the boxing ring. Which saw Horn walk away victorious in Brisbane on Sunday. Ultimately, this turnout was a worldwide shock!
Sports Betting and the Victory of Horn
When the fight had concluded and it was announced that Horn was the new World Boxing Organisation (WBO) champion, it was time for sports bets to be paid. Sportsbet, one of the many online bookmakers, had to pay out an excess of AU$2.9 million on the fight due to the unexpected win. This is because many Aussie punters backed Horn, who is a former Australian school teacher. The rate at which the Aussie was backed by his supporters was nine times more than that of his Filipino counterpart. He is said to have defied the odds, having being pinned as the outsider with AU$4.75.
The Low Down on The Fight
Taking place at Brisbane’s Suncorp Stadium in front of a crowd of 50, 000 fans, Horn bravely took the upper hand early on in the fight. With Pacquiao only making headway and getting on top later into the fight. However, the score of the fight unanimously resounded in favour of the Aussie fighter.
With Sportsbet, Aussie punters were able to get AU$16 for a single point win by Horn before the fight. Which plenty of punters bought into.
The results were questioned not only by bookies, but by Pacquiao’s team. The Filipino and his team criticised the fight and argued that the referee did not make any attempts to protect him from the dirty tactics that the Aussie fighter was throwing around in the ring.
Regardless of the criticisms, it cannot be argued that Horn, who ranked an AU$5.50 when markets opened, now holds the title of WBO World Welterweight Champion.
Horn could not have swelled any more with pride after achieving what Prime Minister, Malcom Turnbull, described to be an Australian sporting fairy-tale.
Starting out in childcare as a physical education teacher at the Pallara State School in Brisbane, this Aussie could never have imagined being the WBO world champion. The 29-year-old former teacher is now expected to receive a payday of multi-millions. Apparently, a rematch with Pacquiao is a priority on the agenda.
May the Sports Betting Wars Begin
With a rematch on the cards, Sportsbet have confirmed that they are more than willing to put their money on Pacquiao winning. They have thus placed Pacquiao as a favourite at AU$1.55 and Horn at AU$2.40
Christian Jantzen states that they were knocked back a bit with the outcome of the match, but they seem confident that their second shot in the title rematch will be all the redemption that they need.