Terence Crawford and Saul “Canelo” Alvarez are set to face off on Saturday at Allegiant Stadium in Las Vegas. This matchup is generating a lot of excitement among fans and bettors alike.
One high-stakes bettor recently placed a whopping $2 million on Crawford to win at +140 odds, which could net them $2.8 million. This wager stands as the biggest reported bet for this fight.
Another significant wager was made at Caesars Palace, where someone bet $715,000 on Crawford, also at +140 odds, which could yield over $1 million. BetMGM and other sportsbooks are seeing a surge in six-figure bets backing Crawford as well.
According to Andrew Babakitis, a risk manager at the Westgate Las Vegas Super Book, there’s been a noticeable shift in the betting lines. Following large bets on Crawford, odds for Canelo moved from -180 to -160. Interestingly, while only 23% of total wagers are on Alvarez, he has captured a significant share of the money wagered, with 42% of the total dollars placed at BetMGM. Meanwhile, Crawford is drawing 33% of the wagers.
Recent trends show that almost half of all bets—about 44%—are on a tie. This suggests that many are uncertain about how the fight will unfold.
Experts emphasize the unpredictability of boxing, particularly in high-stakes matchups like this. “Fights can turn on a single punch,” says boxing analyst Ray Flores. “The odds swing with public sentiment and big bets.”
With the fight just around the corner, the tension and anticipation continue to build. Fans are eager to see if Crawford can defy the odds or if Canelo will reaffirm his status as a champion.
For more on the latest betting statistics and expert insights, check out ESPN’s analysis.
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Terence Crawford, Caesars Palace
