REPORT: 140 of The First 144 Bets At Caesars Palace Sportsbooks Were Placed on McGregor To Defeat Mayweather
Either people have beef with their own money or they truly believe Conor McGregor will do the unthinkable in August.
While rational-thinking people will tell you Conor McGregor has no chance against Floyd Mayweather, there’s a bunch of people that have supreme confidence in McGregor’s ability, despite the fact that he’s never competed in a professional boxing match.
Despite the odds being stacked up against McGregor, bettors are still placing bids towards the UFC Lightweight champion in shocking numbers. 140 of the first 144 bets at the Caesars Palace sportsbooks were placed on McGregor, who was paying back around 5-1, according to ESPN.
“The bets on Mayweather, however few and far between, have typically been larger than the bets on McGregor. The Westgate SuperBook took a $50,000 bet on Mayweather on May 30, two weeks before the fight was made official, and CG Technology took a $45,000 bet on Mayweather on Thursday.
At the Westgate, 90 percent of the bets were on McGregor, but 79 percent of the money was on Mayweather.
On Saturday, the Westgate released odds on the method of victory. Mayweather by knockout was a hefty favorite at 5-9. Mayweather by decision was listed at 2-1, followed by McGregor by knockout at 6-1. McGregor by decision was 30-1.
“Everyone and their cousin wants action on this fight,” the sportsbook manager told ESPN in an email.
The Mayweather-McGregor fight will take place Aug. 26 in Las Vegas.