Floyd Mayweather Sports Betting History
Originally nicknamed “Pretty Boy Floyd,” it was no surprise when Floyd Mayweather, Jr., the richest active athlete alive, changed that ringside handle to “Money.” However, “Money” Mayweather isn’t just a successful boxer, he’s also an accomplished sports bettor having been in the legal sports betting game for years.
With his net worth currently estimated at $565 million, the fittingly named Money Mayweather does not shy away from placing huge bets and sharing his winnings – the pictures, not the cash – with his 30 million Instagram and Twitter followers. Of course, he still has a reputation to maintain, so he never shares evidence of his losses that have been reported, but it’s hard to argue with the huge winnings he’s collected over the years while betting on sports.
While returns to ring have been done in 2021, it is gambling that Money Mayweather keeps his name in the spotlight. When not having to beat up Logan Paul, Mayweather can be found at his favorite casinos, making sure the bets are flowing.
How Floyd Mayweather Places His Bets
First of all, Floyd is always rolling with tens of thousands of dollars on him at any time. Always!!! So, at any time he can slip into a sportsbook and place a huge bet on a game that he likes. He has even been known to go to several different sportsbooks to place more bets on a game when the sportsbook will not let him bet as much as he wants.
It has also been stated that he has one person in particular on “The Money Team” that handles all of his money and sometimes carries his betting slips. There has only been one instance of someone from his team stealing from him, and it was by way of taking a winning bet slip and trying to cash it. Obviously, they were unsuccessful since casinos are not stupid and they know exactly who places huge bets.
Here are some of Floyd Mayweather’s most famous sports betting triumphs:
$477k In 4 Short Days: As you can tell from the image that he tweeted out, he made a cool $477k+ in a matter of just 4 days. He was betting on NBA basketball as well as a boxing match, which I am sure he had the advantage in. These are the kinds of bets that Floyd makes all the time. The reason you are just now hearing about more and more of them is because of the growth of social media. There is basically nothing done in life for this guy without updating one of his social media pages. Or should I say, making sure someone else in the Money crew does it for him.
$181,818 on the Dallas Cowboys: On September 5, 2012, Mayweather placed a rare (and conservative, by his standards) bet on the underdog. (Mayweather seems to be as defensive a bettor as he is a boxer, usually taking the favorites when the lines are small and almost never wager on the other side of the spread.) With Dallas a 1.5-point dog to the New York Giants early in the NFL season, Mayweather placed a $200,000 halftime bet on the straight -110 moneyline. When the Cowboys went to the locker room after the second quarter up 7-3, Mayweather went to the bookie window up to $181,818.
$200,000 on the Seattle Seahawks: Fresh off a Super Bowl victory, the defending champion Seattle Seahawks were only seven-point favorites against the perennially underwhelming and ineffectual Washington Redskins (who’d be a lot better if they were as edgy on the field as they are in the courtroom defending their trademark against idiots). Mayweather likes to bet on sure things, and this, a straight moneyline bet at standard -110 odds, was as close to one as the NFL ever offers. Mayweather made the bet and made a $200,000 profit.
$228,099 on the Atlanta Falcons: It’s always a questionable strategy to bet on the opening slate of NFL games after an offseason filled with uncertainty, acquisitions, and injuries. Of course, that never stopped Floyd Mayweather from jumping out of the gate with fistfuls of dollars to throw on a presumed favorite. Evidently, the champ figured that Matt Ryan was a better quarterback than Matt Cassel back then (and he still is, winning the 2016-2017 NFL MVP award). That bit of insight earned Mayweather a $228,099 return on his $250,000 investment.
$250,000 on the San Antonio Spurs: After a dominant 7-1 start to the 2012 NBA season, the San Antonio Spurs were matched up against the 3-4 Lakers and were inexplicably mere one-point favorites. Mayweather actually placed two bets on this contest, both of them for the Spurs to cover the spread. Apparently, his first bet of $75,000 wasn’t good enough for such a sure thing, so he bet another $200,000 about five hours later. And he almost lost; the Spurs pulled out a last-second 84-82 win, letting Floyd clear $250,000 by the skin of his teeth.
$444,664 on the Oklahoma City Thunder: Sometimes you’ve just got to wonder. On Feb 10, 2012, a month into the NBA season, the 21-6 Oklahoma City Thunder – fueled by the powerhouse duo of Kevin Durant and Russell Westbrook – were taking on the 13-12 Utah Jazz and were only one-point favorites to win. Since that made no sense whatsoever, Floyd decided that it should at least make him some money, so he laid two bets (one halftime, one full-time) totaling $500,000 on the Thunder to cover, and they did. Mayweather made $444,664 off that sportsbook mismatch.
$626,923 on the Denver Broncos: Floyd Mayweather’s largest sports betting loss was rumored to have come at the hands of the Seattle Seahawks when they crushed the Denver Broncos in Super Bowl XLVIII, but that $13 million wager has since been debunked. However, Mayweather has used the Broncos to his advantage, making $626,923 off an $815,000 regular season bet that they’d beat the New Jersey Jets. After all, the Jets were just as bad back on October 12, 2014, as they are today, so it was a safe bet that they’d lose. And they did, 31-17.
$685,714 on the Indianapolis Colts: Who’s better, the Indianapolis Colts or the Jacksonville Jaguars? It doesn’t really matter what eras we’re comparing here, the Jaguars are terrible. They had one chance to be relevant about five years ago, but they decided to pass on the immensely popular Tim Tebow and settle for both mediocrity and unpopularity ever since. So while the Jags were continuing their decade-long mission to tank in Florida and become the NFL’s first UK-based team, Mayweather pounced on a mindless -7 line favoring the Colts (with an uncommon and favorable -105 moneyline) against a team that didn’t even want to win. And they didn’t. They got obliterated 44-17, and Mayweather turned $720,000 into a laughably easy $685,714 of pure profit.
$1,000,000 on the Oregon Ducks: Back in the midst of Marcus Mariota’s stellar Oregon career, the Ducks – ranked number three in the BCS standings – had a midseason mismatch-up against the Arizona State Wildcats. Since they were only favored by a paltry -7.5, Floyd Mayweather saw a grand opportunity to score a million bucks, which he did on a $1.1 million straight moneyline bet. Oregon covered the spread three times over, winning 43-17.
$770,000,000 on Himself: That’s right. Floyd’s biggest payout by far came from perhaps the shrewdest sports bet in history: He bet on himself. In 2005, Floyd’s pay-per-view numbers were sagging, and the bettor knew he could do better. He had Oscar De La Hoya lined up for a megafight, and he told his promoter, Bob Arum of Top Rank, Inc., that he wanted a $20 million purse guarantee. Arum rejected the premise, telling reporters, “He wants $20 million for the De La Hoya fight? It’s not there. Sometimes, my man, you gotta know when to hold ‘em and when to fold ‘em.” Mayweather held ‘em, buying out his contract with Top Rank for $750,000.
Shortly thereafter, Mayweather Promotions was launched, and Floyd’s new “Money” moniker started to prove itself almost immediately. His first fight as his own boss came against Carlos Baldomir, which, at $8 million, was the last seven-digit purse of his career. His 12 fights since then have guaranteed Floyd an average of $46 million each. That doesn’t include his pay-per-view revenues, either. Clearly, the money was there.
All things considered, Floyd “Money” Mayweather wagered a quarter of a million dollars on himself to win, and the payout has been roughly $750 million so far. And he’s not finished. Expect “Money” to bring in even more cash in 2021 when he goes up against Youtuber Logan Paul. If all goes according to plan, it should be the single biggest legal sports betting payout of Floyd’s storied career.
Who Is Floyd Mayweather Betting On?
Floyd Mayweather is not shy in letting the world know who he is betting on for major sporting events like the Super Bowl. You simply just need to follow the undefeated boxer on his social media platforms. Mayweather mostly posts his wagers after the game, showing his results ( usually only the winnings slips) but often he has shown his pre-game picks online. If you are ever wondering which way Floyd is going during a particular sporting event, just look at his Instagram or Twitter leading up to the big game or fight.
What Is Floyd Mayweather Doing Now?
Because of his enormous reputation as a famous sports bettor, Floyd Mayweather was able to lock in a contract in 2015 with FanDuel to promote their DFS operations. In 2017, he then became a promoter for a different platform with Paddy Power Betfair. This was the latest company in the sports betting business to pay Mayweather for his endorsement of their product for marketing purposes. The sheer fact that two separate, and widely popular sports betting companies paid Mayweather to promote their services shows just how well known the former boxer has become for his gambling on sporting events. He’s known for being a boxer as much as he’s known for being a sports bettor. Heading through the 2020s, Mayweather announced he will be coming out of retirement and returning to the ring once again.
Where Does Floyd Mayweather Bet On Sports
Mayweather partakes in legal sports betting mainly in Las Vegas where he lives. There are several major casinos there and Floyd does not hesitate to explore all of them for the best possible odds and betting lines. He is known for placing multiple bets at several different locations around Vegas as well. Shopping the lines is one of Mayweather’s favorite sports betting activities. Floyd himself doesn’t necessarily travel all this distance, however. Floyd utilizes his “Money Team” and has the members go from sportsbook to sportsbook and place the wagers. Floyd tends to physically show up for major events such as a major fight or the Super Bowl. During these events, you will find Floyd at the casino getting in on the action.