An estimated $85 million was bet in Las Vegas on Saturday night’s Floyd Mayweather-Conor McGregor fight, a record for a boxing match, and with Mayweather winning via 10th-round TKO, some of the town’s sports book are reporting their biggest-ever win in the sport.
While the bigger bets were on Mayweather — there were at least six wagers of $1 million or more on the favorite, according to multiple reports — the overwhelming majority of bets were on the underdog McGregor. At William Hill U.S., which operates 108 sports books in Nevada, 93 percent of the bets were on McGregor.
A few hours before the opening bell, William Hill U.S. said the fight was the biggest sports decision in its history, and a McGregor win inside of four rounds represented a multimillion liability for the company.
But every book in town got what it needed — a Mayweather win.
Caesars Palace reported a $2 million win on the fight, according to ESPN.com.
“It was the biggest boxing win we’ve ever had at Caesars Palace,” Caesars Palace sports book director Frank Kunovic told the Las Vegas Review-Journal. “We won over seven figures.”
MGM Resorts sports book won “in the neighborhood” of $1 million, said book director Jay Rood, and CG Technology said it won in the high six-figures and would have suffered a seven-figure loss had McGregor come out on top.
Mayweather opened as high as a -2,500 favorite, but the odds moved drastically with all the money coming in on McGregor. The consensus closing line was Mayweather -500/McGregor +400.
