Bookies expecting knockout turnover on Mayweather-Pacquiao

Bookies expecting knockout turnover on Mayweather-Pacquiao

Friday, May 1, 2015 Totally Gaming
Manny Pacquiao's fight against Floyd Mayweather could break records

This weekend's 'fight of the century' between Floyd Mayweather and Manny Pacquiao has been tipped to break the Nevada record of $119m (€105.3m) on a single event.

The Las Vegas bout will be beamed round the world on Saturday night, with betting companies in the host state believing it could generate greater turnover than the record set by the 2014 Super Bowl between the Seattle Seahawks and Denver Broncos.

Despite the fight being expected to start at around 4am UK time, UK bookmakers are expecting a huge gamble on the event, with Ladbrokes suggesting to TotallyGaming.com that turnover will be similar to that of a major football match.

"It will certainly run into the tens of millions for the UK industry and would be on a par with a big England football match for example," said Ladbrokes spokesman Alex Donohue.

"It should be comfortably on a par with recent superfights such as Hatton versus Mayweather and Haye versus Klitschko, and despite there being no UK fighter for customers to get behind, this has global appeal and as a global business we are noticing betting interest from big hitters across all of our licenced territories.

"While the hype definitely helps boost turnover, we wouldn't put this down as a betting event of the century."

However, records could well be broken in the US, with Jay Rood, vice-president of race and sports books at host venue MGM Resorts International, telling The Guardian newspaper that the fight had by Thursday already attracted the third-largest handle for a fight at that property.

“It will be either No2 or No1 by Friday afternoon,” said Rood, who predicted that approximately  $80m will be wagered in Nevada.

“It’s the biggest fight we’ve ever taken at the MGM Grand, and I think it will easily become the biggest fight in Nevada sports books in quite a while, if not ever.

Despite the time difference,UK bookmakers are expecting plenty of live betting on the bout and are factoring in a gambling boost due to the usual delays before the start of big Las Vegas bouts.

"We are expecting interest to grow steadily throughout the day. It would follow that those who are staying up for the fight will be keen to have a bet either at the off or during the fight," Donohue said.

"Also, many fights of this nature have had delayed starts due to the undercard running over so every additional minute in that respect looks set to generate turnover."

Tags: 
Latest
No alternative text provided

Making the Pragmatic move: Supplier gains Danish approval

No alternative text provided

'Huge honour': LVBet sponsors EUROVOLLEY tournament

No alternative text provided

Paradigm shift: Season-long sponsorship for Ball Street network

OtherLevels Q&A: Redefining the approach to player engagement

Gaming Products & Services Directory

The essential directory for the gaming industry