Not surprisingly, Floyd Mayweather opened as a huge betting favorite for his August 26th boxing match against Conor McGregor. However, the money has been pouring in on the underdog Irishman. After opening as a +1100 underdog (meaning he was expected to win this fight 8% of the time), McGregor’s number has dropped to +600 (14% expected win percentage). Bet $100, win $600. Not bad.
People betting on his puncher’s chance, perhaps?