Gavin and Joe Maloof bet £880,000 on Floyd Mayweather to beat Conor McGregor

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With the eagerly anticipated August 26 clash between Floyd Mayweather and Conor McGregor a mere 10 days away, thoughts have centered on the debate on who has the best chance of winning.

The fight is unprecedented and is also predicted by many to be one of the biggest, if not, the biggest fights in history. 

Both Mayweather and McGregor are superstars, not only in their own right, but in the respective sports and fans are keen to see who will come out on top.

As a result of the mega fight, betting on the bout has been frenzied with many placing large bets, eager to cash in, no matter who wins.

No bet comes bigger, though, than the one placed by Las Vegas developers Joe and Gavin Maloof.

The brothers, siblings to Real Beverly Housewives star Adrienne Maloof, have placed a whopping $880,000 bet on Mayweather to beat McGregor. 

Rather than pocketing the cash if they win, they have pledged to donate their entire winnings to charity and are happy to support Mayweather, who is a close friend.

On the bet, the brothers explained their plans.

Gavin Maloof, in an interview with the Las Vegas-Review Journal, said: "We went and made the bet, but we came back and thought to ourselves, the money is nice, but it can do so much good for so many other people so why don’t we take all the winnings and donate it to charity."

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He went on to add: "If he wins, we’ll donate the $160,000 to charities in Las Vegas and Los Angeles, where our sister Adrienne lives. It will be a nice gesture for the community and get everybody rooting for Floyd, who’s a hometown kid."

The bet is by far the biggest one placed and reflects the Maloof's confidence that former boxing champion Floyd Mayweather will defeat the UFC star.

It also comes in the midst of many fans placing huge bets on McGregor to cause on upset. 

A massive 95 per cent of bets made have been on McGregor to win. According to MGM's sportsbook in Las Vegas, for every one bet placed on Mayweather, 27 have been placed on McGregor.

Floyd Mayweather Jr. v Conor McGregor World Press Tour - London

Interesting to say the least.

Whatever happens in the fight, it is clear that the betting activity will continue to increase. With favourable odds on McGregor to cause an upset, those that bet on McGregor to win will be in for a huge payday.

As the Maloof's have shown, though, there is also massive support and confidence in Mayweather to come out on top and take his illustrious fight record to an impressive 50-0.

August 26 can't come soon enough. 

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