VEGAS SPORTSBOOKS TO SUFFER WORST LOSS IN HISTORY, SHOULD MCGREGOR UPSET MAYWEATHER
Las Vegas sportsbooks (MGM, WYNN, LON: WMH) are preparing for what could be their worst loss in history, should heavy favorite Floyd Mayweather lose this weekend’s mega-fight to MMA superstar Conor McGregor. With nearly 90% of all bets made thus far on McGregor, the line has moved from McGregor as a +$1,100 underdog to just +$400 (Sportsbook.com), 24 hours before the fight. While experts agree, McGregor is unlikely to win, many are hoping to see the controversial Mayweather suffer his first career loss. Casino operators believe the smart money, from experienced gamblers, will come in late on Mayweather and balance the books.
Howie Long-Short: When Clemson beat Alabama for the National Championship in January, Vegas said it was one of the 3 biggest losses on a CFB game in the history. WYNN reported high 6 figure losses, while MGM report low 6 figure losses, on the game. If McGregor wins this fight, one Vegas property stands to lose $3 million+. Those are big stakes!
Fan Marino: Heart says McGregor, mind says Mayweather. Glove weight irrelevant. You can’t knock Mayweather out, if you can’t catch him.