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Home Boxing. These athletes are raking in endorsement money. Check out some of the odds below, via Oddshark : Mayweather vs. Mayweather vs. McGregor Alvarez vs. By Madeline Coleman. More Sports. By Brian Burnsed. By Joseph Salvador. By Ben Pickman. By Associated Press. The s featured the Chicago Cubs winning the World Series, the greatest comeback in Super Bowl history, 5, longshot Leicester City winning the Premier League and Tiger Woods returning from a career meltdown to capture the Masters.
On May 14, , the United States Supreme Court struck down a federal statute that had restricted regulated sports betting to primarily Nevada for more than a quarter of a century. The landmark ruling sent dozens of states scrambling to get into the bookmaking business, and 20 states have currently authorized sports betting. It was a game-changer. However, our most notable betting event of the decade didn't take place on the field or in the courtroom.
It happened in inside the ring in Las Vegas between Floyd Mayweather and Conor McGregor, and it was a spectacle initially considered little more than a publicity stunt. It turned out to be the most heavily bet fight ever and an opportunity of a lifetime for professional gamblers. In Nevada, the bulk of the small money backed the underdog McGregor.
The day of the fight, bookmaking company William Hill U. Rumors that the year-old Mayweather would come out of retirement to take on McGregor, a year-old UFC champion, began surfacing more than six months in advance of the fight. It seemed outlandish and more of a cash grab for two polarizing personalities than an actual fight. Setting the odds, bookmakers said, was more about estimating the betting interest than gauging the fighters' skill sets.
After all, they didn't have a lot to go on with McGregor's lack of boxing experience. Some oddsmakers put Mayweather's true odds at -5, but knew there would be plenty of money on McGregor. The first prices appeared at Las Vegas sportsbooks in February, four months before the fight became official.
Mayweather opened as a whopping -2, favorite , with McGregor a hefty underdog. While the books anticipated early money on McGregor, they far underestimated what was coming their way. Most, but not all, bets on McGregor were small. The liability on McGregor who was fetching or greater odds mounted quickly and reached unprecedented levels for a fight.
The price was shocking, that it moved down so much and we took on so much liability. 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.
When you place these types of bets, you have a wider margin of error to work within. Right now, there are betting odds on whether or not the fight will go the distance, which means last all 12 rounds and then go to a decision by the judges. This bet is sort of like betting on the total number of rounds in a less specific way. If you bet yes, the match will have to last the full 12 rounds for you to win your bet. If you bet no, you win the bet so long as the match ends after 11 rounds.
Will the fight go the distance? This is another very specific form of prop betting. Each fighter will be given Knockout betting odds. If you bet that McGregor will not get a knockout, and he does, your bet is a loss. If you want to bet on the fight without actually betting on the fight at all, this line is for you. At certain online sports betting sites, you can wager on the total number of viewers that will be paying to watch the match. The total has been set to a modest 4.
This is probably because no fight like this has ever happened in the history of either boxing or MMA. That makes for good pay per view and even better pay per view betting odds. There are a couple of things you need to know in order to understand McGregor vs. Mayweather betting odds. Right now, Mayweather is the overwhelming favorite heading into the fight.
He is completely undefeated in the ring. Conversely, McGregor has never boxed before in his life, although he is an accomplished MMA fighter which does incorporate basic boxing principles. When it comes to understanding McGregor vs Mayweather betting odds, you need to do your research. The most important thing to understand about betting odds — especially these particular betting odds — is how they become a living entity once they are posted.
Betting odds do not reflect the actual probability of an event happening. Rather, they simply represent the reward profit that you stand to gain from your risk bet. The betting odds change based on the liability the sportsbooks have on that line. This can be easily seen from the McGregor vs.
Now, along with the movement of the lines, there is a huge variation of betting odds at a number of different sportsbooks. The variation of the lines at different books shows you something as well — the advantage of shopping lines. Odds show payout, not probability. Shopping lines is a big part of understanding how to successfully bet.
Bovada sportsbook leads the industry in American sports betting. Known for its speedy payouts and incredibly secure site, Bovada has become a household name amongst bettors in the US. The site is browser-based, which means you can access it no matter what kind of operating system your mobile device uses. This also allows you to do everything from your mobile device that you would on the computer.
Not only does SportsBetting have some of the most competitive lines for the upcoming fight, but they also have some of the most generous bonuses. Sign up today and start earning tons of free cash and prizes just for doing what you love. If Conor McGregor kicks Floyd Mayweather at any time during their boxing match in August or probably any time before or after that , he will face a potential lawsuit.
The fight will be conducted under standard Nevada boxing rules. Both fighters will have to weigh in at pounds. Each has fought at that weight previously in their careers. In addition to this, the fighters will be using ounce gloves, a heavier weight than McGregor usually fights with. So if you decide to order the pay per view McGregor vs. The fight will be streamed on Showtime Sports.
Mayweather has historically struggled against southpaws during his career. Mayweather retired in September , after defeating Andre Berto. The Champ retired, undefeated at the age of The best deposit method for betting on boxing is usually a credit card or bitcoin.
Credit cards allow players to make fast, simple transactions that credit their account within minutes. This difference in odds is why we recommend shopping lines. Having multiple accounts allows you to shop lines much more easily, as well, so it really is advantageous. Conversely, you can win more than your wager by betting on the underdog McGregor. There are plenty of other ways -- prop bets -- to wager on the fight.
There are also props where you get better odds by not only picking the winner but picking the round in which he'll win. You can track your wagers by livestreaming the fight. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy , which we encourage you to read.
Discussion threads can be closed at any time at our discretion. How to bet on the McGregor-Khabib fight online and what the odds mean Find out where you can place a bet and what the odds mean. Matt Elliott. Here are the best betting sites and some tips on interpreting the odds. What are the big betting sites?