Odds heavily favor Pacquiao over Bradley

Posted at 06/08/2012 7:13 PM | Updated as of 06/08/2012 10:10 PM

LAS VEGAS, Nevada -- The Las Vegas strip is now gearing up for a busy weekend ahead of the bout between Manny Pacquiao and Timothy Bradley.

Pac-Bradley souvenir items are all over the MGM Grand lobby.

The busiest of all are the race and sports books of the Las Vegas casinos.

The odds heavily favor the Pacman at -450 and plus +350 for Timothy Bradley.

This means a $450 bet on Pacquiao will earn $100, while  a $100 bet on Bradley will earn $350.

Pacquiao is at an all-time high -- raising the bar when it comes to sports betting.

But since Pacquiao is now a changed man, he no longer gambles.

"Basta wala sa isip ko yung tayaan basta sa ‘kin this is just entertainment. May trabaho kaming kaming dapat gampanan sa taas ng ring at kailangang tapusin," says 8-division world champion Pacquiao.

Ilocos Sur Gov. Luis “Chavit” Singson, who is Pacquiao's close ally, will bet on the Pacman.

"Mahirap, pero knock out… hindi matatapos yung round," says Singson.

Since the odds are quite high, kababayans will bet on proposition betting or knock-out by rounds.

"S’yempre tataya tayo kay Manny Pacquiao. I’m sure mananalo siguro siya sa 7th or 8th TKO (technical knockout)," says Mons Lim.

"Sa hirap ng buhay ngayon, ang hirap atang mag raise ng ganung kalaking pera," says Joy Laygo.

Contribution to Las Vegas economy

Las Vegas Mayor Caroline Goodman is happy to see Pacquiao's fights held in Vegas because of the millions of dollars they bring into the city.

"For what he does for all the people in the community, he is a great and wonderful human being and we are just delighted that he is coming here to fight and we welcome him back often," says Goodman.

"Whenever Manny fights, people come into town by the thousands and spend a lot of money. It's great for the town, it's a great place for Manny's fights to be held," says Top Rank Inc. CEO Bob Arum.

For over a decade, Vegas played host to Pacquiao's fights. Pacquiao's name has been engraved in the boxing capital as it does not only generate millions of dollars in revenue to Sin City, but also pride for Filipinos worldwide.