Betting company refunds money on Pacquiao bets

Paddy Power, Ireland's largest telephone betting company gives the money back to those who put their bet on Manny Pacquiao, after Timothy Bradley won Sunday.

The company said in a statement, "It was a result that stunned the world, even by modern professional boxing standards. Last night in Las Vegas the brilliant Filipino Manny Pacquiao lost his WBO welterweight belt to Timothy Bradley in a controversial split-decision defeat."

They added, "With that Paddy Power has rolled out one of our famous Justice Payouts. If you had placed a bet on Manny to win in a pre-fight outright or on points, that money is now back in your account. We Hear You!"

Pacquiao lost his World Boxing Organization welterweight title after Bradley took home the controversial win by split decision of 113-115, 115-113 and 115-113.

A rematch between Bradley and Pacquiao is now being planned. — ARA