Quote:
Originally Posted by Bored5000
I don't understand the betting action for this fight at all.  At some Vegas sports books, Mayweather has been bet down to just a 5-1 favorite. I know bettors should always be wary when something looks too easy, but how is betting on Mayweather here not free money? How is Mayweather not a 40 or 50 to 1 favorite here? The Tyson-Douglas fight was famously 42-1 -- if you could find a place to take action on the fight -- and Douglas was at least an actual boxer.
That being said, multiple bets of $1 million or more were put down on Mayweather in Vegas on Thursday, including a $1.2 million bet at -500. Even with the $1.2 million bet on Mayweather, William Hill's Nevada sports book still faces a seven-figure liability overall if McGregor wins.
I don't get the public betting the fight down to 5-1 odds on a non boxer.
http://www.espn.com/chalk/story/_/id...regor-showdown |
The odds when first posted are what they feel is the chance of a fighter winning. All odds after that only reflect how people are betting. Odds are changed to insure the bookies make money and no longer have anything to do with who they think will win.