With a net worth of more than half a billion dollars, Floyd Mayweather Jr is one of the richest athletes in America, and one among those who have a great passion for high-stake bets. Some say that could be one of the downsides of him having so much money, while others see this as his competitive spirit coming out.
So, according to some, his passion for boxing wins was reflected in his high stakes gambling habits. This brought him lots of money, but, at times, also caused big losses.
Like most people, Mayweather likes to highlight his big wins and not talk about or even deny his losses.
It is not uncommon for Mayweather to place six-figure bets — or even gamble $1 million or more on a single bet.
According to his own Twitter account, he regularly bets $25,000 to $400,000 per contest and often posts photos of winning tickets for his more than 7,000,000 followers.
For example, in 2012 Mayweather posted on social media about wagering $1.1 million on a college football game. He took Oregon -7.5 over Arizona State. The Ducks won the game 43-21 to cover the spread, and Mayweather later confirmed that the win secured him a $1 million profit!
And in 2015 Mayweather boasted about betting $815,000 on the Broncos to beat the Jets, with a 7.5-point spread. Denver won the game 31-17, securing Mayweather a profit of more than $600,000.
According to some reports he also manages to lose big chunks of money with bets that go the wrong way for him. If some of these news reports are to be believed, 2017 may have been the boxer’s worst year ever in this regard.
Mayweather’s allegedly most famous bet came at Super Bowl XLVIII when he reportedly placed bets totaling $13 million. Because of the amount of money he wagered, he allegedly had to make the bets with seven different agencies. The reported bets didn’t go in Mayweather’s favor, with him reportedly betting $10.4 million on the Broncos -2 and $2.6 million on the Broncos -0.5; the Broncos lost to the Seahawks in a blowout, 43-8.
Mayweather denies placing those bets.
In 2018 there were news reports that, according to some “gambling sources” in Vegas, Mayweather was “down over $50 million in gambling losses since 2017.”
Floyd Mayweather is hardly a unique boxer in this regard. It is very common to find boxers indulging in sports-betting or casino games for fun.
Filipino legend and multi-weight champion Manny Pacquiao, renowned for his charity work, is also an avid fan of gambling. He can be found at poker tables in Vegas, as well as visiting casinos in Australia and Macau. But it’s not only the table games that Pacquiao enjoys: on one occasion he placed a $360,000 bet on a cockfight held in the Philippines!
Another one is the legend – Mike Tyson. We will never know the exact figure of how much Mike has lost in gambling, but the fact is that he has lost a big percentage of his earnings in casinos. In fact similar to Floyd Mayweather, Tyson is so popular for his gambling passion, that at some casinos, such as those listed at PlayCasinos.ca, among classical slots or table games, players can even find casinos that have Mike Tyson Roulette – typical European style Roulette where the former box champion advises you when to place your bet and then practically yells at you, to announce: “no more bets, please”.
The heavyweight global champion and history-maker, Evander Holyfield, is also a renowned avid gambler. In his career, he made over $150 million, but a big chunk of it was lost due to gambling. Holyfield enjoys betting on basketball, football, and boxing.
Floyd Mayweather Jr: One of the very best!
During his career, Mayweather won fifteen major world titles including The Ring in five weight classes, the lineal championship in four weight classes (twice at welterweight), and retired with an undefeated record. As an amateur, Mayweather won a bronze medal in the featherweight division at the 1996 Olympics, three U.S. Golden Gloves championships (at light flyweight, flyweight, and featherweight), and the U.S. national championship at featherweight.
Many sporting news and boxing websites ranked Mayweather as the best pound for pound boxer in the world twice in a span of ten years. In 2020, Mayweather was ranked second on Ranker’s list of best boxers of the 21st century!
In fact, Mayweather is often referred to as the best defensive boxer in history!
Always present on social media, he was quick to share the BoxRec “Greatest of All Time” list on his Instagram page. “Numbers don’t lie and BoxRec told the truth. It is what it is,” his caption read. With a total of 2,256 points, Mayweather is over 800 points ahead of second-place Pacquiao on the list. In addition to that, according to Forbes, Mayweather was the highest-earning athlete in the world in 2012, 2014, 2015, and 2018.