Sportsbooks: Mike Tyson-Jake Paul fight yields records

Many fans placed prop bets on the event.

Mike Tyson might not have won his latest fight, but his matchup against Jake Paul set an all-time betting high, according to an Associated Press report.

BetMGM’s sportsbook generated three times as much betting activity and four times the money of any combat sport in its history.

Boxing fans placed mostly prop bets on BetMGM, specifically that Tyson would claim another victory by either by knockout, decision or a first-round KO, the AP said.

The fight was the most-wagered mixed-martial arts or boxing fight, the sportsbook said.

And BetMGM was not the only operator to report record betting for the event.

DraftKings Sports Operations Director Johnny Avello told the AP the fight “was its most-bet boxing match.”

He further commented, “The bettors were yearning for Tyson to return to the ring even at 58 years old and wanted to be a part of this moment with one of the icons of the sport.

“We’ll see who Jake Paul fights next, but his matches have proven to create immense buzz and unprecedented action on our platforms.”

Caesars Sportsbook VP of Trading Craig Mucklow noted that Jake Paul’s unanimous victory was “on par” with an NFL Monday night game.

“We knew there would be tremendous interest in the fight, as the betting suggested it was a generational matchup in customer demographics,” he told the Associated Press.

“Those old enough to remember a prime Mike Tyson got to live the nostalgia one last time, while those not old enough to know Iron Mike were firmly on the Jake Paul side of the counter.”

Laura Mack

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