Latest 'Pacquiao vs Rios' odds, prop bets and gambling guide for HBO boxing PPV in Macau, China

Major sports events and ludicrously-specific gambling options have a smoke/fire relationship. And this big fight between Manny Pacquiao and Brandon Rios tonight (Sat., Nov. 23, 2013) at The Venetian in Macau, China, is no different.

The "Fighting Pride of the Philippines" returns to HBO pay-per-view (PPV) after a career-long hiatus to face "Bam Bam," one of the most relentless fighters in the sport today.

MMAmania will deliver LIVE "Pacquiao vs. Rios" coverage of the event, starting with the HBO broadcast at 9 p.m. ET.

Naturally, the bookies have gone crazy with this one, providing a smorgasbord of situations to bet on from who you think will win to when and how.

Let's take a closer look (courtesy of Bovada.lv) at the odds behind the odds for "Pacquiao vs. Rios" below::

Manny Pacquiao Vs. Brandon Rios Odds To Win:

• Manny Pacquiao -500
• Brandon Rios+350

Who Will Win And How?

• Pacquiao by KO, TKO or DQ -140
• Pacquiao by Decision +210
• Rios by KO, TKO or DQ +475
• Rios by Decision +900
• Draw +3500

Over/Under 11.5 Rounds

• (+150) o
• (-210) u

Over/Under 9.5 Rounds

• (+125) o
• (-175) u

Over/Under 7.5 Rounds

• (-140) o
• (EVEN) u

Over/Under 5.5 Rounds

• (-325) o
• (+215) u

Over/Under 3.5 Rounds

• (-750) o
• (+400) u

Over/Under 1.5 Rounds

• (-5000) o
• (+1000) u

Pacquiao Vs. Rios Betting Odds To Win By Rounds:

• Pacquiao wins in Round 1-3: 6/1
• Pacquiao wins in Round 4-6: 4/1
• Pacquiao wins in Round 7-9: 15/4
• Pacquiao wins in Round 10-12: 13/2
• Pacquiao by Decision: 21/10
• Rios win in Round 1-3: 22/1
• Rios win in Round 4-6: 18/1
• Rios win in Round 7-9: 16/1
• Rios win in Round 10-12: 15/1
• Rios By Decision: 9/1
• Draw: 35/1
• Pacquiao wins in Round 1-6: 21/10
• Pacquiao wins in Round 7-12: 11/5
• Pacquiao by Decision: 21/10
• Rios win in Round 1-6: 12/1
• Rios win in Round 7-12: 19/2
• Rios By Decision: 9/1
• Draw: 35/1
• Pacquiao wins in Round 1: 20/1
• Pacquiao wins in Round 2: 16/1
• Pacquiao wins in Round 3: 15/1
• Pacquiao wins in Round 4: 14/1
• Pacquiao wins in Round 5: 11/1
• Pacquiao wins in Round 6: 11/1
• Pacquiao wins in Round 7: 11/1
• Pacquiao wins in Round 8: 11/1
• Pacquiao wins in Round 9: 11/1
• Pacquiao wins in Round 10: 15/1
• Pacquiao wins in Round 11: 20/1
• Pacquiao wins in Round 12: 25/1
• Pacquiao by Decision: 21/10
• Rios win in Round 1: 70/1
• Rios win in Round 2: 60/1
• Rios win in Round 3: 50/1
• Rios win in Round 4: 50/1
• Rios win in Round 5: 50/1
• Rios win in Round 6: 50/1
• Rios win in Round 7: 45/1
• Rios win in Round 8: 40/1
• Rios win in Round 9: 40/1
• Rios win in Round 10: 40/1
• Rios win in Round 11: 40/1
• Rios win in Round 12: 40/1
• Rios By Decision: 9/1
• Draw: 35/1

Pacquiao Vs. Rios Odds, Points Handicap On The Scorecards:

• Pacquiao -18½ (-275)
• Rios +18½ (+225)

Thoughts: First off, steer clear of specific rounds. That's how sportsbooks get you.

Honestly, I'm liking the odds on Pacquiao by decision (+210). While I called for a Pacquiao via technical knockout in my preview (read it here), that prediction was based on the assumption that the referee has some form of mercy, which is not always the case.

Rios is incredibly difficult to wobble, so a referee might be hesitant to stop the bout even if he's taking repeated, unanswered broadsides from Pacquiao.

Meanwhile, a corner stoppage is out of the question because Rios' trainer, Robert Garcia, showed zero concern for Antonio Margarito's well-being when Pacquiao gave him the beating of a lifetime. Pacquiao basically destroyed Margarito's left eye and Garcia still didn't intervene. It's hard to imagine the sort of punishment "Pac Man" would have to inflict to actually get Garcia to wave off the fight save for straight-up decapitating Brandon.

If you're a believer in human compassion and would rather bet straight-up, I still think Pacquiao is worth a look at -500. Barring some Roy Jones, Jr.-level degradation, Pacquiao is a nightmare match up for Rios, who lacks the ring generalship to apply the kind of pressure he'd need to wear down the Filipino.

Accordingly, anchoring a parlay with Manny wouldn't be the worst idea, either.

Remember to join us later this evening for our LIVE coverage of "Pacquiao vs. Rios," starting with the HBO PPV broadcast at 9 p.m. ET.

See you there!