Boxing Odds: Arbitrage Available for Spence vs. Peterson IBF Title Fight

Jason Lake

Thursday, January 18, 2018 8:09 PM UTC

Thursday, Jan. 18, 2018 8:09 PM UTC

Welterweight gold will be on the line Saturday when IBF champion Errol Spence faces Lamont Peterson in Brooklyn. Is Spence too chalky for our boxing picks?

Free Boxing Picks: Spence –1818; Peterson +2400Best Lines Offered: Sports Interaction; 5Dimes

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Errol Spence Jr. has made quite the name for himself inside the squared circle. He only turned pro five years ago after the London Olympics, but Spence (22-0, 19 KOs) is already the IBF welterweight champion, and the No. 8 pound-for-pound fighter in the world according to The Ring. The Long Island native will put his belt on the line Saturday against veteran Lamont Peterson (35-3-1, 17 KOs), airing on Showtime somewhere around 9:00 p.m. Eastern. And he’ll be doing it in the relatively friendly confines of the Barclays Center in Brooklyn.

Spence is understandably a big favorite to retain his title. At press time, the champ is available as high as –5000 on the boxing odds board. Risking a big mouthful of chalk is never fun; then again, this is boxing, and underdogs don’t have the same value here that they do in other spots. Fortunately for us, there’s an easy way to approach Saturday’s fight: Just bet both sides, and take home that sweet, sweet arbitrage.

Spence Account

You could fit eight Errol Spences in the gap between these odds. The best price on the champion as we go to press is at Sports Interaction, where Spence is pegged at –1818. Meanwhile, Peterson is +2400 at both 5Dimes and Island Casino. Plug those numbers into the delightful SBR Arbitrage Calculator, and it’ll tell you what to do: Bet $100 on Spence and $4.22 on Peterson. Barring a draw or some other non-victory, that will lock in a profit of $1.28, for just a shade under 1.23 percent on your investment.

If this arbitrage play isn’t available by the time you make your boxing picks, there are other options. We certainly wouldn’t recommend eating all that chalk on Spence, who opened at –400 just over a month ago, but there are other bets available on the props market. Spence wins almost all his fights by KO/TKO; you could bet on Spence winning inside the distance at –295, or you could bet on Saturday’s fight not going to a decision at –335, which leaves extra room for a surprise stoppage in Peterson’s favor. But we’re definitely recommending this arbitrage play if you can get it.

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