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Mayweather vs McGregor started out as one of the most lopsided fights in the history of boxing. McGregor opened as a +950 underdog. He is currently a +350 dog. That’s crazy.
What’s crazier is that there is a way for online bookies to make profit from the fight. Check out how bookmakers can cash on Mayweather vs McGregor
Where is the Money Going in Your Sportsbook?
With the 10 days to go before the fight, per head agents must check their sportsbooks. Where is the money going? Is it going to Mayweather or is it going to McGregor?
Your sportsbook is different from your competitions’ sportsbooks. Always keep that in mind.
You make decisions based on what’s going on in your sportsbook. The key to profit on the fight is to make managerial bookmaking decisions.
Agents make those decisions based on action.
When to Cut Off Wagering on Conor McGregor
Hopefully, individually owned sportsbooks haven’t missed this. Las Vegas certainly has. The Vegas sportsbooks are in deep to McGregor.
What it means is that if no large bets go to Mayweather in the next 10 days, and somehow McGregor wins the fight, Vegas books are going to be on the hook for quite a few bucks.
That’s how much wagering dollars have gone to Conor to upset Mayweather. All per head agents must make sure that they aren’t in too deep to Conor McGregor.
Yes, +350 are terrible odds on Conor to upset Mayweather.
But, crazy things have happened before in boxing. Buster Douglas beat Mike Tyson. If you’re not comfortable with the amount of money you’ve taken on McGregor, cut off betting on the fight.
With that being written, Conor’s true odds of beating Floyd are much, much higher than +350. You might want to roll the dice. Since they’re using 8 oz gloves in the fight, it’s hard to imagine Conor knocking out Floyd.
Floyd should have his own way. Keep that in mind. Is it a risk to just allow all the money on Conor to stand as is? Yes. It might be a risk worth taking.
Promote Mayweather vs McGregor Prop Bets
The best way to make profit is to push Mayweather vs McGregor prop bets. Prop bets offer much better odds.
If there is an individual that wants to bet on Mayweather, but doesn’t want to accept the -450 odds, that bettor can bump up odds by betting props.
With 10 days left, it might be a good idea for online bookie agents to send out an email blast about Mayweather vs McGregor prop bets.
Prop bets are difficult to hit. Always set max betting limits.
With an event like this, price per head agents need the right sportsbook software with the right tools to mitigate.
PayPerHead.com offers the best tools in the industry and understands what online bookies need to make more cash. If a per head agent does have the right tools - he or she might not like the payout should McGregor win.
Right now, PayPerHead is offering their Prime Package for just $3 per head. Find out how to cash in on this promotion and grow your sportsbook to a new level.
