August 25th, 2017
With the countdown to the long-anticipated mega fight that is Floyd Mayweather Jr versus Conor McGregor well and truly on, the betting public is starting to place their bets online. Unsurprisingly, so is 'Money' Mayweather, having recently revealed his plan to add to his payday by betting on a clear-cut Mayweather win!
Floyd Mayweather is infamous for flashing the cash haul of his recent sports betting exploits – typically amounting to hundreds of thousands of US dollars. His bets frequently venture into other sports, including American football and basketball, but it's no surprise that he has a hawk eye when it comes to betting on the fight game.
On this occasion, he's keeping his bets close to home, by betting on a Floyd Mayweather win against Conor McGregor. With just days left until the pair meet in their Las Vegas bout on 26 August, Mayweather went public on the talk show Jimmy Kimmel Live on Tuesday night, revealing what's going down on his Las Vegas betting slip. The five-division champion told Jimmy:
“I'm never going to bet against myself. Never."
Precisely how much cash Floyd is planning on placing on himself to win wasn't revealed, but with odds of 1/4 for a Mayweather victory with William Hill, it's going to need to be sizeable to get a big return.
Associates and friends of the boxer have already placed some huge bets in the US, with Las Vegas property tycoons Gavin and Joe Maloof recently placing a cool $800,000 on the man they see as their 'home-town kid'. The pair are the siblings of reality television star Adrienne Maloof and intend to send the $160k proceeds of a win to charity.
During Tuesday night's live show, Jimmy Kimmel confronted Floyd about his brash confidence, which might lead punters to pile into the champion for an easy payout. In his typically flamboyant way, Mayweather responded by telling Kimmel it's a bet the host can't lose:
"It’s worth it. Whatever you bet and if you don’t win, I’ll give it back to you."
Mayweather also didn't rule out a potential rematch with McGregor in the MMA cage, albeit he didn't offer the same refund guarantee in a fight that would seem to strongly favour the Irishman. Mayweather commented:
"As of right now, we’ve got to get past 26 August. Once we get past [it], then we could talk about other things."
While sports such as football and British boxing have a strong anti-gambling stance when it comes to athletes placing bets with online bookies, in the American fight game things are much less stringent. There's nothing illegal about Floyd Mayweather betting on himself to win, particularly as the bet will be placed in Las Vegas.
However, should a boxer such as Mayweather start placing bets on specific events transpiring during a fight, the authorities may start firing warnings. Indeed, David Haye was questioned by the British Boxing Board of Control having hinted at placing bets on a third round KO in his WBA title fight in 2010 against Audley Harrison.
The London fighter responded by saying that he didn't personally make any bets, having merely suggested to friends that he fancied a third-round victory – many of whom may have taken the hint.
While Floyd Mayweather seemingly thinks his odds of 1/4 are great value, rumour has it that Conor McGregor disagrees. If reports are right, the Irish MMA fighter-turned-boxer is set to risk some of his purse to try and cash in on his potentially more lucrative odds of 3/1 with top online bookmakers.
The betting industry in both Las Vegas and the UK is apparently running scared of a shock McGregor victory, with his odds shortening from 4/1 to 3/1. Vice president of MGM Resorts race and sports commented that a McGregor win could be "the worst loss in the history of MGM Resorts."
Similarly, Nick Bogdanovich, director of trading at William Hill, has revealed that he’s praying for a Mayweather win:
"All I know is we're less than a week away from making a lot of money or getting clobbered...I never dreamed in a million years that it would create this kind of frenzy."
The fact that both fighters and their entourages are betting big money on the fight already indicates that there's going to be huge sums of cash floating around the event for lucky punters. Factor in the massive publicity and expected global pay-per-view numbers and analysts suggest we're looking at potentially the biggest sports betting event ever seen. If you’re looking to get in on the action, head to William Hill today!