Irish big brother of Sportsbet, Paddy Power have paid out on Floyd Mayweather defeating Conor McGregor on Saturday night before the fight has even happened.
Floyd Mayweather Reacts To News Paddy Power Have Already Paid Out On Him Beating McGregor
Well, that news has reached Floyd and he has responded. See for yourself in the clip below:
God believes in me, America believes in me, even the Irish believe in 🤜☘️ pic.twitter.com/0W6jFFfr6B
— Floyd Mayweather (@FloydMayweather) August 24, 2017
Paddy Power have paid out on Floyd Mayweather defeating Conor McGregor on Saturday night before the fight has even happened.
The Irish bookmaker is so confident that Mayweather will extend his pristine record to 50-0 against the MMA superstar crossing over to make his professional boxing debut, that they have forked out winnings for those who were willing to take a gamble on ‘Money May’ at such short odds.
“We’ve made the £250,000 pay-out this morning, despite more than 80% of our customers backing the Notorious one.
Asked about the pay out spokesman Paddy Power said: “We’re spinning the roulette wheel a bit here – as getting it wrong would see a serious Mac Attack on my bank balance.
But, when you’re backing Mayweather, you’ve basically covered the whole board anyway.
Patriotism aside, we are paying out early on a Mayweather victory – because we checked, and only one of them is a boxer. We always bet on black.”
ICYMI: Haven’t you heard that we’ve notoriously paid out on #Mayweather winning? See our reasons here: https://t.co/RbWmw1WAnT
— Paddy Power (@paddypower) August 24, 2017
The odds currently stand any 1/4 for a Mayweather win, while a McGregor win which would truly shock the entire world is available at 7/2 with Paddy.
ICYMI: Yesterday we paid out early on #Mayweather to beat #McGregor this weekend. pic.twitter.com/V90UJhzhdu
— Paddy Power (@paddypower) August 24, 2017
Yes you read that last tweet correctly, PaddyPower are paying out on #Mayweather to win this weekend!
Mayweather is keen to get under the skin of McGregor before the bout this Saturday and he is sure to have released this tweet with that in mind. As difficult as it is to irk the incredibly mentally tough Conor, knowing that one of his own is going against him this weekend may just get to him.
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The LOGIC of Paying Out Early
Let’s look at why PaddyPower have done this.
A £250k payout it’s not actually much cash for them to pay out AT ALL for “The Biggest Fight in History”
Any serious bettor on Mayweather is going wait until a few hours before the fight because if you’re dropping over $10k on Mayweather then you’re going to get the best odds closer to the fight, as the bookies are balancing their books as all the money is coming for McGregor, so to attract more money, which in turn draws bigger bets, they’re going to raise the odds on Mayweather.
PaddyPower will make a ton of PR that money can’t buy and it’s not really costing them much at all.
In case Sportsbet decide to pull a similar stunt you can get Mayweather currently at $1.23*
*Odds correct at the time of posting
