The fight between Floyd Mayweather and Conor McGregor is set to become the most lucrative event in the history of combat sports. The fight — which will take place on August 26 at the T-Mobile Arena in Las Vegas — was announced on May 18 and a flurry of bets was immediately placed on the outcome. The contest is now expected to become the biggest betting event of the year in the United States and several other international markets, surpassing even the Super Bowl LII.
Mayweather is the overwhelming favourite to beat McGregor and preserve his flawless professional boxing record come fight night, although because of his long odds, the majority of bets placed have been on McGregor to win. Conor McGregor is the underdog, although his odds have shortened dramatically since the promotional tour, which he is widely adjudged to have won.
Bettors clearly fancy the value in McGregor, with the confident punters backing Mayweather with bigger stakes. Year after year, the Super Bowl is the biggest betting event of the year in the United States. The recent trash talking and promotional tour is only encouraging bets and at this rate we cannot even imagine how much we will take on it.
A McGregor early round KO as he promised would be a potential disaster and is partly a reason we are giving a great price on Mayweather at the moment. Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. These odds come courtesy of Bovada. If you're looking for specific picks for Saturday's action, head over to SportsLine.
Floyd Mayweather Jr. Will the fight go the distance? How many punches will be landed in the fight? Will Conor McGregor win a round on any judges card? Will Floyd Mayweather Jr. Points Handicap Floyd Mayweather Jr. Will either fighter win in the first 60 seconds of the fight?
Conor McGregor have? How long will it take for Demi Lovato to sing the national anthem? Who will have more people with them during the fight walkout? Which fighter will have a longer fight walkout? Will Lil Wayne wear a shirt during the fight walkout? Will Nate Diaz walk out with Floyd Mayweather? Will Conor McGregor throw a kick in the match?
Will Conor McGregor throw an elbow in the match? Will there be a point deducted? Will either corner throw in towel? Will either fighter lose their mouthpiece during the fight? Who will be the first fighter to bleed? Will either fighter be knocked down or out?
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By June, when the fight became official, Mayweather's odds had dropped to -1, and McGregor The price would continue to shrink. Professional bettors were salivating. If you go back at Floyd's average price the last 10 years, it's got to be north of six dollars , and that's against the top competition in boxing. So now you're going to give him a subaverage price for a guy that's never really boxed in his life. I'm not willing to put Floyd Mayweather on a blue-light special. We're at , and I think that's a blue-light special.
At approximately p. PT -- a few hours before the fight -- Mayweather stopped in at the sportsbook at The M Resort in Henderson, Nevada, where he was a regular customer. However, he had never made a bet like the one he was trying to place the day of the fight. The bookmakers were concerned over the legality of a fighter betting on anything other a straight win and told Mayweather to hold on, before they ultimately declined to take the bet.
In , neither the Nevada State Athletic Commission nor Nevada Gaming Control had specific regulations addressing a fighter's ability to bet on himself. Gaming Control has since tweaked a regulation that puts the onus on the state's sportsbooks to take "reasonable steps" to prevent anyone directly involved in an event from betting on that event. Mayweather stopped McGregor 1 minute, 5 seconds into the 10th round. He would've won his attempted bet. Since Mayweather had always been a convincing favorite throughout his career -- against Pacquiao, versus Canelo Alvarez, against Shane Mosely -- professional bettors couldn't believe they could get a similar price on Mayweather versus McGregor.
Mayweather's odds dipped under in the days leading up the fight, and the big, smart money began appearing. I'm not sure there will ever be another betting opportunity like that again. Shane Sigsbee of sports betting syndicate Imawhale Sports lives in the same Las Vegas neighborhood as Mayweather and has gotten to know the boxer in recent years.
A few weeks prior to the McGregor fight, Mayweather asked Sigsbee if he was planning to bet on him. Sigsbee said of course and told Mayweather he was going to place the biggest bet of his life on him. Mayweather, an avid sports bettor, often discussed betting strategies with Sigsbee but never got into specific dollar amounts. His company has had more at risk on a game before, but this was the largest wager Sigsbee had ever made personally. After the fight, Sigsbee got an invitation via text message to go over to Mayweather's house.
With his betting slip in hand, Sigsbee jumped into his golf cart and drove a few streets over to Mayweather's place. Despite Mayweather's disappointment, Sigsbee and other professional gamblers enjoyed one of the best betting opportunities they'd ever experienced. Bookmakers were so inundated with money on McGregor that they gladly accepted money on Mayweather, anything to help reduce their liability.
They had bet all their money already. The fight started off with McGregor landing a couple clean shots and surprisingly staying very much in the fight through five rounds. Some bookmakers were sweating. The savvy Mayweather wore McGregor down late, though, and finished him off early in the 10th round when referee Robert Byrd stopped the fight, ending a remarkable betting event.
With two of the biggest fighters in their respective sports, six-figure bets on both sides and unprecedented line movement, it truly was an event we may never see again. Skip to navigation. The betting event of the s: Mayweather vs. Kansas City Chiefs. Bucs equal bucks as U. Tampa Bay Buccaneers. Sportsbook offers refunds after Reed controversy. LeBron now MVP favorite at some sportsbooks. Los Angeles Lakers. It's flipping madness: 'Startling' amount bet on Super Bowl coin toss.
A gamble on Brady's move to Tampa Bay leads to profits. Notable Super Bowl betting trends. Notable Bets: Mahomes' injury throws oddsmakers for a loop. Mayweather has never practiced MMA or had a real fight. While this may be interesting, the majority seem to think this is just another publicity stunt. Maybe, but it also just might be a waste of time. Marc Meltzer grew up on the mean streets of the South Bronx.
He's the rare combination of Yankees and Jets fan which explains his often contrarian point of view. Marc is a freelance writer and social media consultant. Writing about steak, booze, gambling and Las Vegas is a tough job but somebody has to do it. Sports Betting. View all posts by Marc Meltzer.