Last updated on: September 21st, 2022
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
With the ego that he has, Mayweather is known to be walking around publicly with tens of thousands of dollars at a time. That means whenever he gets the urge to place a bet, he can do so at one of the many sportsbooks that he frequents at. It has also been stated that someone on “The Money Team” not only carries around all his cash, but also carries his betting slips. Some of Mayweather’s most famous betting triumphs can be found right here:
$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.
$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.
$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. 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.
$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, and going on to make hundreds of millions with his own promotion company, Mayweather Promotions. Bet $750,000 to win almost a billion? Don’t mind if I do.
$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.
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. He’s fought exhibition matches against opponents including YouTuber Logan Paul, and there are plans for more.
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.