Mayweather and McGregor Fight Looks Good for Vegas Business
Floyd Mayweather and Connor McGregor kicked off the promotional tour for their upcoming fight in Los Angeles this week. The pair of fighters traded insults, and it became quite clear that the fight is going to be a real spectacle. There’s still more than a month until the fight, which is scheduled to take place on the 26th of August, but we predict a very entertaining build up to the match.
Mayweather Still Favorite, McGregor Underdog
While the fight might still be quite far away, it is generating a lot of enthusiasm from Las Vegas. This time of year, is normally a bad time for sports betting, as the NFL season hasn’t started yet. However, the fight between Mayweather and McGregor is generating a lot of interest and wagers from the public.
Despite all the trash talk from McGregor, he is still definitely the underdog in the upcoming fight. Mayweather is the favorite with odds at -750, while McGregor is on +525. As it stands right now, a $100 bet on Mayweather will land just $13.33 in winnings should he be victorious. By contrast, if the underdog wins, a $100 will net $525 in winnings.
The fight will be available to watch on Showtime for $99.95, with as many as 4 million people expected to pay to watch it. However, boxing experts are still warning that the fight may not be all that good. McGregor is from UFC and has never boxed professionally, so fans should manage their expectations.
Las Vegas Prepares for Mayweather McGregor Fight
Whether the fight turns out to be a great one or not, Las Vegas is really getting behind the match. Soon after the venue for the fight was announced, at the Las Vegas T-Mobile Arena, hotels immediately started to increase the rates. Before the announcement, a three-star hotel room during the period of the fight was averaging $133 a night. After the announcement, this increased to $233, which equates to a 75% increase.
Ticket sales for the match will begin on the 24th of July 2017, and the prices will range from $500 to $10 000. There has been so much interest in the fight that even the White House has been in touch, but it has been confirmed that the President will not be attending.