Betting Odds for Canelo Alvarez vs. Terence Crawford: A Breakdown from Top Sportsbooks
The boxing world is buzzing ahead of the massive superfight between undisputed super middleweight champion Canelo Alvarez (63-2-2, 39 KOs) and undefeated challenger Terence “Bud” Crawford (41-0, 31 KOs), scheduled for September 13, 2025, at Allegiant Stadium in Las Vegas. This clash, streamed live on Netflix, pits two pound-for-pound elites against each other, with Alvarez defending his titles against Crawford, who is jumping up two weight classes.
Sportsbooks like DraftKings, Caesars Sportsbook, and BetMGM have released a variety of odds, including standard moneyline bets, over/under on rounds, and method-of-victory props. We’ve grouped them into “normal” odds (core markets like moneylines and basic props that attract most action) and “crazy” odds (longer-shot props with higher payouts, often involving specific scenarios). All odds are current as of September 12, 2025, and subject to change based on betting volume. Remember, a negative number (e.g., -165) indicates the favorite and how much you need to bet to win $100, while a positive number (e.g., +135) shows the underdog and potential profit on a $100 bet.
Normal Odds: Core Betting Markets
These are the straightforward bets most casual and sharp bettors focus on, including who wins, how long the fight lasts, and basic victory methods.
Moneyline (To Win the Fight)
- DraftKings: Canelo Alvarez -165 (bet $165 to win $100), Terence Crawford +135 (bet $100 to win $135).
- Caesars Sportsbook: Canelo Alvarez -150 (bet $150 to win $100), Terence Crawford +125 (bet $100 to win $125).
- BetMGM: Canelo Alvarez -160 (bet $160 to win $100), Terence Crawford +145 (bet $100 to win $145).
Alvarez is the consistent favorite across all books, largely due to his experience at 168 pounds and Crawford’s significant weight jump from 154 pounds. However, Crawford’s odds have tightened slightly in recent days, reflecting public support for the underdog.
Over/Under on Total Rounds
- DraftKings: Over 10.5 rounds -475 (heavily favored to go long; bet $475 to win $100), Under 10.5 rounds +325 (bet $100 to win $325).
This prop reflects expectations of a tactical, drawn-out battle rather than a quick knockout, given both fighters’ durability and defensive skills. No specific over/under lines were listed for Caesars or BetMGM in recent updates, but they typically align closely with DraftKings.
Method of Victory
- DraftKings:
- Canelo Alvarez by Decision or Technical Decision: +125 (bet $100 to win $125).
- Canelo Alvarez by KO/TKO/DQ: +380 (bet $100 to win $380).
- Terence Crawford by Decision or Technical Decision: +200 (bet $100 to win $200).
- Terence Crawford by KO/TKO/DQ: +800 (bet $100 to win $800).
- Draw: +1400 (bet $100 to win $1400).
- BetMGM:
- Canelo Alvarez by KO/TKO/DQ: +350 (bet $100 to win $350).
- Draw: +1400 (bet $100 to win $1400).
Caesars doesn’t have detailed method props publicly highlighted in recent reports, but their lines often mirror competitors. Decisions are favored over knockouts, as neither fighter has been stopped in years, and Crawford’s power may not translate fully at the higher weight.
Crazy Odds: High-Risk, High-Reward Props
These are the more exotic bets with longer odds, appealing to those looking for big payouts on unlikely outcomes. They include specific types of decisions, exact stoppages, or rare events like disqualifications. DraftKings offers the widest variety here.
- DraftKings:
- Fight Ends in Unanimous Decision: +100 (bet $100 to win $100; this is for any winner via UD).
- Fight Ends in Split Decision: +320 (bet $100 to win $320).
- Fight Ends in TKO: +400 (bet $100 to win $400).
- Fight Ends in KO: +550 (bet $100 to win $550).
- Fight Ends in Majority Decision: +650 (bet $100 to win $650).
- Terence Crawford Wins by KO: +1800 (bet $100 to win $1800).
- Terence Crawford Wins by TKO: +1400 (bet $100 to win $1400).
- Fight Ends in DQ: +8000 (bet $100 to win $8000).
BetMGM and Caesars have fewer “crazy” props listed publicly, but BetMGM reports significant action on draws (13% of handle despite long odds) and KO props. These bets highlight the improbability of a knockout from Crawford (due to the weight difference) or rare judging outcomes like a majority decision.
Key Insights and Betting Trends
- Why Canelo is Favored: Experts cite Crawford’s two-division leap as the main factor, with Alvarez’s size, power, and experience at super middleweight giving him the edge. However, Crawford’s technical skill and undefeated record have drawn sharp money, shortening his odds from initial openings around +155.
- Public vs. Sharp Action: At BetMGM, 33% of bets are on Crawford, but 42% of the money is on Canelo, suggesting pros lean toward the favorite. A massive $715,000 bet on Crawford at Caesars (+140) shifted lines, potentially netting $1 million if he wins.
- Value Plays: For normal bets, Canelo by decision (+125 at DraftKings) offers solid value given his recent fights going the distance. For crazy bets, Crawford by KO (+1800) is a moonshot for those believing in his adaptability.
Always bet responsibly and check the latest lines directly on the sportsbooks, as they can fluctuate. This fight has the potential to be a classic—may the best man win!Sorry about that, something didn’t go as planned. Please try again, and if you’re still seeing this message, go ahead and restart the app.Sorry about that, something didn’t go as planned. Please try again, and if you’re still seeing this message, go ahead and restart the app.
