What did sportsbooks learn from Mayweather-McGregor? ‘Business as usual’

In the end, Floyd Mayweather won his fight against Conor McGregor, pushing his record to 50-0, as most expected.

The house won and corporate spreadsheets will reflect yet another profitable weekend for Las Vegas sportsbooks. But in what will end up being the most-bet fight ever, with estimates from sportsbook directors as high as $85 million in handle, achieving that typical outcome was far from routine for oddsmakers.

“We thought we had it all figured out from the very beginning, but that was obviously not the case,” Jay Kornegay, vice president of race and sports operations at the Westgate Las Vegas Superbook, told ESPN with a chuckle.

Much like Mayweather did against McGregor, oddsmakers relied on valuable experience to stay nimble against a giant unknown and earn a lucrative victory while denying the masses their Vegas dream.

Mayweather: Was denied $400K wager on self

Floyd Mayweather was upset that he couldn’t place a $400,000 bet on himself hours before his TKO victory over Conor McGregor, according to multiple sources.

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    Article source: http://www.espn.com/chalk/story/_/id/20485846/gambling-did-las-vegas-sportsbooks-learn-floyd-mayweather-conor-mcgregor-fight

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