Multiple bettors have wagered at least $1 million on Mayweather
As the Mayweather-McGregor fight fast approaches, one of the more interesting narratives to follow is the betting trends. On Saturday the odds shifted — first Mayweather was a heavy favorite, then an influx of bets were placed on McGregor and the odds shrunk.
Good graphic from @MackNova on #MayweatherMcgregor line movement today: pic.twitter.com/irtdI8BBks
— Ben Fawkes (@BFawkesESPN) August 27, 2017
The odds have changed dramatically since news of the fight first surfaced.
Mayweather v. McGregor Odds Tracker is insane. -2250 last Nov. Now -375. pic.twitter.com/f7S7FV3sm3
— Dan Back (@dan_back) August 26, 2017
Though the majority of bets have been placed on McGregor, the biggest wagers have been placed on Mayweather. Saturday, one bettor placed a $1 million bet on Mayweather at a Las Vegas casino — in cash.
This is the $1M in cash bet @southpoint sports book at -500 on #mayweather(Bettor not pictured) pic.twitter.com/xQEBEtDsvh
— VSiN (@VSiNLive) August 26, 2017
The bet was placed at -500, which would net him/her $200,000 if Mayweather were to win. This wasn’t the first wager of its kind. In fact, two other bettors are known to have wagered at least $1 million on Floyd.
According to Sports Illustrated, one gambler wagered $1 million at -550 odds at the MGM sports book, and another wagered $1.2 million at -500 at William Hill.
The fight is expected to begin around 11:15 p.m. EST.