There have been numerous high-profile boxing events in history, but the upcoming Floyd Mayweather vs Conor McGregor fight has been billed as the ‘billion dollar fight.’ In terms of revenue and viewership figures, the fight is expected to smash records. However, a separate record is being created in terms of betting. The fight has generated a whopping £11.3 million being wagered at just one bookmaker alone – Betfair. The bookmaker estimates that the fight is expected to witness £50 million in bets by the time it kicks off on August 26.
The figure has comfortably broken the record size when it comes to total bets, which was previously at £8.9 million. Ironically, Mayweather also played a part in setting up that record, as the punters flew in with great interest for his fight with Manny Pacquiao in 2015.
The scale of this achievement becomes apparent when taking into consideration the plethora of Mayweather v McGregor free bets available today. Even the top bookmakers have not shied away from providing free bets for this mammoth fight.
Mayweather is coming out of retirement in order to take part in his first fight since 2015. The 40-year-old is unbeaten and has a 49-0 record. McGregor is much younger at 29 years of age, but the UFC lightweight champion does not have an experience when it comes to boxing. He may be one of the top UFC fighters, but Mayweather might provide an entirely different fighting experience. His record of 21-3 might be much more modest, but he has the tagline of ‘Notorious’ for a reason.
McGregor is provided long odds of 5/1 for a victory, while Mayweather is at 1/5. Bookmakers seem to clearly favour Mayweather for a victory, but it is possible to see a reason for expecting a McGregor victory. Even if a punter wants to go with a bet on Mayweather, the smart money should flow into a Mayweather knockout, which is priced at 4/6. Incidentally, Mayweather has not been able to knockout his opposition in the last six years.