Headline: UNCAPTIONED: Tyson-Paul Fight Sets Betting Records for Combat Sports
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Tyson-Paul Fight Sets Betting Records for Combat Sports. Jake Paul’s unanimous victory over Mike Tyson, despite being lackluster competitively, became the most-bet boxing or MMA event in BetMGM’s history. BetMGM reported taking three times the bets and four times the money compared to any previous combat sports event, with other sportsbooks confirming similar trends- Caesars Sportsbook vice president Craig Mucklow compared the fight’s betting activity to that of an NFL Monday night game, attributing the excitement to nostalgia and generational appeal DraftKings’ Johnny Avello noted the fight was its most-bet boxing match, showcasing Paul’s ability to attract immense betting interest for his bouts. While betting on Tyson’s earlier fights wasn’t comparable due to pre-2018 legalization limits, the AT&T Stadium event in Texas generated a massive handle. Though Jake Paul was the -175 favorite, 67% of tickets and 53% of money at BetMGM backed Tyson, with popular bets predicting a Tyson knockout. BetMGM senior trader Alex Rella confirmed that Paul’s victory was a favorable outcome for the sportsbook, capitalizing on the high volume of bets on Tyson.
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Keywords: Sports,Jake Paul,Mike Tyson,Fight,Combat,Records,Betting,Bet,Companies,Victory,Fighters,Boxing,Boxers,AT&T Stadium,US,MMA,Event,BetMGM,History
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