Bodog Beat

Russian Ruslan Chagaev looks to shock bettors as a +500 underdog versus Wladimir Klitschko. (AP Images)

Originally scheduled to fight David Haye, who had to pull out of the fight due to an alleged hand injury, Wladimir Klitschko will fight Ruslan Chagaev on Saturday night for the IBF, WBO, and IBO heavyweight titles.

Klitschko comes into this one as a -800 favorite, while Chagaev checks in at +500 for the upset.

The fight will be held at the Veltins Arena in Gelsenkirchen, Germany. It is also for The Ring magazine heavyweight title.

Klitschko has lost just three times in 55 outings and is unbeaten since 2004. He's on a 10-fight winning streak and will enjoy the bulk of support in Germany, the land he now calls home.

However, this is Klitschko's first real fight since he faced Sultan Ibragimov in February of 2008.

Chagaev is a southpaw with a fine left hook, not unlike Corrie Sanders who destroyed Klitschko in two rounds back in 2003.

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