Thanks to Mayweather vs. McGregor, Nevada sports books won a record amount in August

USA Today - MMAjunkie Blue Corner

Filed under: Blue Corner, Featured Videos, News, UFC

Dann StuppWe knew Floyd Mayweather vs. Conor McGregor was going to do big business, and Nevada sports books were among the beneficiaries.

This past month, Mayweather (50-0 boxing) picked up a 10th-round TKO win over McGregor (21-3 MMA, 9-1 UFC, 0-1 boxing), the reigning UFC lightweight champion, in a pay-per-view boxing blockbuster in Las Vegas.

Betting on the fight was immense; MMAjunkie devoted an entire three-part series to it. At the sports books, McGregor, who had never boxed professionally, was only a small underdog – smaller than many of the established pro boxers that Mayweather faced during his accomplished career.

Still, despite odds for McGregor opening at +1100 (11-1) and being bet all the way down to +375 (3.75-1) at one point, Mayweather ultimately cruised in the later rounds and forced a TKO stoppage to pick up career win No. 50.

Had McGregor pulled off the upset, the sports books could’ve taken a bath. However, as‘s David Purdum reported, Nevada books set an August record by winning $33.9 million. According to the report, $65 million was wagered on Mayweather-McGregor, and the books took a whopping profit of approximately $15 million from that fight alone.

Some other interesting tidbits from the report:

  • Vegas books smashed the previous August record ($14.2 million). Of the $33.9 million won this August, the most came from Mayweather vs. McGregor ($15 million). The books also won $8.6 million on baseball and $6.6 million on football.
  • Mayweather’s 2015 bout with Manny Pacquiao previously held the record ($50 million) for the most heavily bet boxing bout.
  • Four $1 million bets were placed on May-Mac (three more than were placed on the Super Bowl LI game between the Patriots and Falcons) at Vegas books. All were placed on Mayweather.

Offshore and U.K. books also won heavily thanks to Mayweather-McGregor, which saw “The Notorious” picked by more bettors – but Mayweather tabbed by the bigger bettors.

For more on “The Money Fight: Floyd Mayweather vs. Conor McGregor,” check out the MMA Events section of the site.

The Blue Corner is MMAjunkie‘s official blog and is edited by Mike Bohn.

Filed under: Blue Corner, Featured Videos, News, UFC

Subscribe to our mailing list

* indicates required

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our mailing list

* indicates required
Read previous post:
Can soccer fans find happiness inside a baseball park? Fresno’s new USL club says yes

Chukchansi Park was built and designed for baseball. It’s Frank Yallop’s job to convince soccer fans around here otherwise. “I...