Canelo Alvarez is back on Saturday, and for the first time in years he’s walking to the ring as the challenger.
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he → walk → challenger
He takes on undefeated WBC super middleweight champion Christian Mbilli at Kingdom Arena in Riyadh, live on DAZN pay-per-view.
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He → take → view
We’ve rounded up the best sportsbook promos for new users this weekend, along with a bet to place at each book.
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We → round → book
Canelo Alvarez vs Christian Mbilli | Saturday, Oct. 31, 2026 | Kingdom Arena, Riyadh, Saudi Arabia | DAZN PPV
This fight was supposed to happen Sept. 12 before a personal matter for Alvarez pushed it back seven weeks.
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matter → suppose → it
Both fighters will be coming off a layoff of more than 13 months.
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fighters → come → months
Canelo (63-3-2, 39 KOs) hasn’t fought since losing a unanimous decision to Terence Crawford in September 2025, the first defeat of his career since 2022.
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Canelo → fight → 2022
Mbilli (29-0-1, 24 KOs) fought to a split draw with Lester Martinez on that same card.
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Mbilli → fight → card
The books still believe in the name.
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books → believe → name
Canelo opened as a solid favorite and has stayed there all week.
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Canelo → open → favorite
Total Rounds: 10.5 (Over -475, Under +300)
BetMGM Sportsbook: Christian Mbilli Moneyline (+250)
BetMGM is offering new users bonus code FOXNEWS, which covers your first bet up to $1,500.
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which → offer → bet
If it loses, BetMGM refunds your stake in bonus bets.
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BetMGM → lose → bets
That makes it the right book to take a swing on the underdog.
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it → make → underdog
Mbilli is undefeated, he holds the belt, he has the size advantage, and he’s 36-year-old Canelo’s first opponent since the Crawford loss.
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he → hold → loss
Bet $100 on Mbilli at +250 and you collect $350 if he wins.
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he → bet → 350
If Canelo gets it done, you get a $100 bonus bet back.
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you → get → bet
This will take you directly to the BetMGM app or website and automatically apply the promo code.
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This → take → code
- Select Sign Up and create a new account by entering personal details (name, email, date of birth, address and last 4 digits of SSN).
- When prompted, enter promo code FOXNEWS to ensure the offer is applied.
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offer → select → code
- $1,500 First Bet Offer: a refund is triggered only if the first bet loses.
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bet → trigger → ?
- The refund is provided in bonus funds and is equal to your first bet.
- Bonus bets are credited to your account within 24 hours once the qualifying bet settles.
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bet → provide → hours
FanDuel: Canelo Alvarez by Decision (-135)
FanDuel is offering new users a chance to earn up to $250 in bonus bets from a $5 wager.
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FanDuel → offer → wager
Canelo’s best version has always been the one that breaks opponents down over 12 rounds.
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that → break → rounds
Against a younger, undefeated champion with a reach edge, and coming off more than a year away, expect a patient Canelo who wins rounds rather than hunts the knockout.
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who → come → knockout
The decision and the knockout are priced the same, and the decision is the more likely path.
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decision → price → ?
- Once your account is verified, deposit at least $5 into your account.
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account → verify → account
- Receive $50 in bonus bets after the wager is graded.
- Make another $5+ wager for up to five days in a row to receive up to $250 in bonus bets.
- Bonus bets expire after seven days.
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bets → receive → days
Fanatics Sportsbook: Canelo Alvarez Moneyline (-330)
Fanatics Sportsbook is offering new users promo code FOXNEWS350 to bet $20 and earn $350 in FanCash.
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Sportsbook → offer → FanCash
The FanCash comes regardless of the result, so this is the spot to keep it simple.
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this → come → it
Canelo has been in more title fights than Mbilli has had pro fights, and the market has backed him all week.
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market → have → him
Bet $20 on Canelo to win and collect $350 in FanCash once the wager is graded.
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wager → bet → FanCash
- Once your account is verified, deposit at least $20 into your account.
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account → verify → account
- Receive $350 in FanCash after your wager is graded.
- For more information, review the Fanatics Sportsbook promo page.
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wager → receive → page
Over 10.5 Rounds (-475)
bet365 is offering new users $200 in bonus bets from a $10 wager, win or lose.
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bet365 → offer → wager
The qualifying bet needs odds of -500 or longer, and the over on total rounds fits at -475.
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over → qualify → -475
Both fighters have been out for more than a year, Canelo hasn’t stopped anyone in years, and Mbilli has never been knocked out.
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Mbilli → stop → years
This one should go deep.
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one → go → ?
Win or lose, you’ll receive $200 in bonus bets once it settles.
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it → win → bets
- Bonus bets are credited within 24 hours of the qualifying wager settling.
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wager → credit → settling
The Aporia
