Not an expert on this but Peter is the underdog ie. Buster Douglas was a 45:1 underdog (+4500 to - 100)to Mike Tyson in 1990 (Douglas +4500, Tyson -!00) So if you bet $100 on Douglas you would have won $4500 Like I said, I am not the best at the odds, my bookie is a pretty good friend and lets me know the good vs bad bets...
Doesn't it mean that if you put 150 on Klitschko you will get 100 back (plus the 150 of course)? And if you put 100 on Peter you will get 120 back (plus the 100 of course)?
From the German betandwin page: Vitali Klitschko (UKR)1.53 021.00 Samuel Peter (NGR)2.50 Meaning for VK win you get 1.53 for one euro and so on. (21 is for betting 1€ on a draw) So according to this Klitschko is the favourite; comparison to the Pavlik fight: Kelly Pavlik (USA)1.31 019.00 Bernard Hopkins (USA)3.50So here KP is favourite.