Odds in Sportsbet.
KO - 2.90
Decision - 2.10
So that is very attractive, both are above 2.x odds meaning we can double our money on Pacquiao winning this fight. But we only need to bet one from those, so from me, I would go for a decision win. Ugas is very durable and has a good chin and might play defence the whole found.
It turns out that if we place a bet on each of these outcomes, we will get an average odds of 1.5, which is clearly more than the odds offered for the simple outcome "Pacquiao win". I feel like I'm wrong somewhere, I hope someone can tell me where exactly.
I found it:
Average odd (2.9 + 2.1)/2 = 2.5
And if we bet on both outcome 2.5/2=1.25 Which corresponds to the odds for Pacquiao's simple win.