According to recent online reports, new information has surfaced, there was NO $5.9 million bet on the Miami Heat to beat the Indiana Pacers.
Nobody’s booking any $5.9 million bets in Las Vegas. Nobody’s taking bets that size, and even with a so-called money team to spread the wagers around, they’re gonna find out who’s behind action that size — and they’re not gonna take it. Who would work? You’d just find one good game and retire for the rest of your life.
“The point is, Mayweather is masterful at crafting the image of himself as essentially the Warren Buffett or Bill Gates of boxing, but how much of it is true is never easy to discern.”
If he was beating the sports books for that kind of money, they would know about it. And he would no longer be able to get down a bet.
Las Vegas isn’t in business to give away money. It’s a constant fight for a real winner to keep their identity hidden, especially these days when the money-laundering regulations require the sports books and casinos to confirm your identity at shocking low limits — $10,000 and preferably sooner.
“That would surprise me [he got down such a big bet in Las Vegas], but you never know,” Fertitta told Yahoo! Sports.
“I don’t [think it’s true],” the bookmaker said of the huge bet. “The only place that gave him sizeable wagers was Cantor [Gaming] and I’ve heard they cut many players way back. I don’t think if he bet that at every book in town he could get that much, and we haven’t taken anything here.”
Floyd Mayweather worked hard over the last decade to develop the ‘Money’ persona that has made him rich. Being associated with making an almost-$6 million bet further enhances his image.