Mayweather Fight Nets Big Score for High-Stakes Community

Mayweather Fight Nets Big Score for High-Stakes CommunityAt the weekend, Floyd Mayweather beat Conor McGregor to cap off a flawless boxing career consisting of 50 wins and no defeats, with his winning streak dating back to his first professional fight in 1996. The contest, which was held at the T-Mobile Arena in Las Vegas, was also dubbed the “Money Fight” of the century, with Mayweather’s odds originally starting out at 22.5 to 1 before dropping to 3.75 to 1 just before the fight.

With Floyd Mayweather considered a sure thing right from the start, all the big, smart money went streaming into a Mayweather victory, and amongst those taking advantage of the situation were a number of pros from the poker community. One of those was Andrew Moreno, who apparently felt compelled to place a bet 50 times larger than any he had previously done because of the “plus EV situation,” explaining:

“It’s not about winning or losing, it’s about piling all the money in at like an 80% favorite. That’s all I can do. The rest is up to the poker gods, or, the judges.”

Similarly, Tony Dunst made his largest sporting bet ever, too, with his wager based upon the “smart, informed people” he knew thinking that it was a good bet.

“You’re getting it good, and it doesn’t mean you can’t lose. It’s just you see a spot that you think is favorable to you, that is advantageous, so you just try to take it, and you cross your fingers you don’t lose.”

Amongst the numerous other poker players placing hefty bets on the fight was Brian Rast, Bill Perkins and Scott Seiver, and as Max Silver humorously tweeted at one point:

Other news:   Michigan online poker bill killed by Governor Rick Snyder

“If bitcoin crashes and Mcgregor wins tonight we might just see the end of poker.”

Despite getting a sweat for their money in the early rounds, however, it didn’t take long for Mayweather to get a stranglehold on the fight, though, with his eventual win in the 10th round providing a huge boost to the high stakes players’ bankroll. Bitcoin is also riding high at $4,314 at the moment, so all in all its turned out to be a pretty good week all round for the poker community.


Poker News
Mississippi Casinos Post Record Revenue in April as Sports Betting Beckons
04 Jun 2018
Mississippi’s casinos generated gross gaming revenue of $184 million in April, or 5% more compared to the same month in 2017. Furthermore, that total represents an all-time high for the state, and is 1.3% more than the previous record set in 2007 when thousands of volunteers entered Mississippi to assist in cleanup efforts post-Hurricane Katrina.
MGM Resorts International Buys NY's Empire City Casino for $850 Million
02 Jun 2018
Real estate and entertainment conglomerate MGM Resorts International has revealed that it’s embarking on a purchase of Empire City Casino, a slots and pari-mutuel wagering venue located in Yonkers, N.Y., just a few miles north of Manhattan. The deal was announced May 29 in a press release, and is expected to be completed near the
Delaware to Launch Full-Scale Sports Betting on June 5th
02 Jun 2018
Last month’s decision by the US Supreme Court to overturn the sports betting ban in the country has opened the floodgates for individual states to legalize and regulate sports wagering within their borders. Before its decision was even made, though, a number of states had already put in place the necessary legislation in order to
Paddy Power Betfair Agrees To Buy FanDuel
27 May 2018
Hot on the heels of the US Supreme Court’s decision to strike down the country’s sports betting ban, UK bookmaking firm Paddy Power Betfair has now agreed to purchase daily fantasy sports site FanDuel in a move designed to grant it access to the huge legalized sports gambling market in the US. Under the agreement,