Las Vegas sportsbooks would have to pay over USD 40M if McGregor wins

Casinos are Mayweather's biggest fans

Jay Kornegay, VP of Race and Sports Operations at the Westgate Las Vegas SuperBook, explained that if Conor McGregor wins the fight this weekend,19 out of every 20 bets would be winners.
2017-08-24
Reading time 53 seg
Jay Kornegay, VP of Race and Sports Operations at the Westgate Las Vegas SuperBook, explained that if Conor McGregor wins the fight this weekend,19 out of every 20 bets would be winners.

At the moment, a bettor that wants to put $100 on Mayweather can only win $18 for his bet. Instead, McGregor fans can win up to $400 for the initial investment.

Mayweather is a -550 favorite to beat McGregor this Saturday in Las Vegas, and everyone in the fighting world agrees that he's a safe bet to win. This means that bettors have to put down $550 just to win $100 if Mayweather's hand is raised at the end of the night.

"Ultimately, we want to be in a position where we win a significant amount on Mayweather, but we don't want to be destroyed if McGregor wins,"  said John Murray, a manager and oddsmaker at the Westgate LV Superbook, in a report quoted by the The Business Insider.

If the total handle for all the casinos in Las Vegas for the fight is $60 million, as Director of Race and Sports for Boyd Gaming Bob Scucci recently estimated on ESPN's Behind the Bets podcast, Las Vegas sportsbooks will owe Mayweather bettors roughly $8.7 million when they hand in their winning tickets after the fight, but will be on the hook for $48 million should McGregor prevail.

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