Betfair has revealed that the unwavering faith of punters in Conor McGregor earning a monumental victory has led to the odds on the Irishman dramatically shortening.
Eight days out from the biggest boxing event in recent memory, the odds on McGregor defeating the man widely regarded as the most talented fighter of the 21st century, Floyd ‘Money’ Mayweather are as short as 4/1.
The unrelenting optimism of McGregor’s army of fans, was only elevated when it was announced that the Nevada State Athletic Commission approved a late request from both fighters to wear 8oz gloves, as opposed to the standard 10oz gloves normally worn in professional boxing.
Katie Baylis, Spokesperson at Betfair, said: “The gloves announcement has had a huge impact on betting for the fight, with £1.5m wagered on the outcome alone since yesterday, taking the total close to a staggering £15m bet with more than a week still to go.
“Not only has a lot of money been staked since yesterday, but we’ve also seen over 2,000 individual bets placed with 40% of those on McGregor to win which has seen his odds shorten to 4/1, the shortest they’ve been since the fight was announced, while Mayweather’s odds are at his longest yet at 1/4.
“McGregor’s bold prediction that he will beat Mayweather Jr in two rounds now that 8oz gloves have been approved has garnered plenty of headlines around the world this morning and punters who are as confident as the Irishman of that eventuality can get odds of 12/1 for the fight to be all over before the bell rings for round three.”