Floyd Mayweather Jr. is a professional boxer, and he is one with a flawless record of fights. He is famous for going unbeaten in 50 matches and is dubbed to be one of the most successful athletes in history. Not only that, but he is also one of the wealthiest. It is estimated that he has a net worth of nearly $600 million, which is thanks to the massive pay per view packages that boxing fights attract.
However, he is also famous for a third reason, and that is the amount of money that he has allegedly betted on a wide variety of sports. Although a lot of it is speculation, he has confirmed a lot of his bets through his social media channels and likes to brag about his wins. However, it is his losses that people tend to focus on.
Gambling is becoming ever more popular across the world, and it can become a problem for a lot of people. Many like to say that Mayweather is himself addicted to gambling, but this is mostly due to the wide range of rumours that circulate about the star. Some of his bets have been well-documented, and one thing for sure is that he has made a lot of money through his betting.
Some Huge Stakes
Mayweather has placed many well-documented bets, and a lot of them have been at least 6-figures. This is crazy-money to many, but for someone with half a billion dollars in the bank, it is almost pocket change. One of his most famous bets came in 2014 when he was reported to have placed around $13 million worth of bets on the Super Bowl XLVII. This was not all on the one bet, however, with that amount of money you would likely need to use several online gambling sites like those found on luckydice.in.
This is one of his most famous betting stories because it went down as a loss, with $10.4 million being reported to have been lost on just one of two bets, and $2.6 million being lost on the other. However, perhaps the most important aspect of this story is the fact that Mayweather himself has denied placing those bets.
This denial was enough for many, but given his social media history, a lot of people believe it to be something he was more than capable of. In 2012, just 2 years prior, he posted a social media post saying he placed over $1 million on a college football game. This time the bet had gone in his favour, and he confirmed that the single bet won him around $1 million back in profit.
Mayweather has posted several other social media posts over the years, with some regarding wagers he has placed of tens of thousands of dollars, and some were 6-figure bets as well. So he likes to gamble, but there is speculation as to how much he does win and lose. The most outrageous of the speculations come from various gambling sources in Las Vegas, that seem to think Mayweather may be down around $50 million from gambling losses.
This is a big dent to his net worth, and so it makes sense that he likes to talk about big money comebacks against the likes of Manny Pacquiao and even Connor McGregor. These events would net him a fortune in pay per view earnings, and so there is speculation that the real reason he is so vocal about these potential fights is to attract the attention they need to balance out his gambling losses. He did even try to bet nearly half a million dollars on himself to beat McGregor in 2017, but the bookmaker denied him the chance to do so. Most people don’t like to bet on themselves to do things well, but Mayweather has no doubt in his own abilities.
Big Wins or Losses make little difference to Mayweather
However, as this is all speculation there is not enough solid information to suggest that the star is in any kind of financial trouble. If he were, there would be no doubt that he would return to the ring to fight anyone and not just the big names that he has suggested a rematch with. Most of the big names in boxing would love a shot at ruining his unbeaten record, but they know how much money Mayweather would jump in the ring for.
However, Mayweather doesn’t spend much time entertaining these ideas, which suggests he doesn’t need the big paydays at the moment, even though he would love to have more money.