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Floyd Mayweather Bags $200,000 at the Expense of Phoenix Suns’ Defeat Against Orlando Magic

Published 01/29/2024, 4:59 AM EST

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USA Today via Reuters

It’s no surprise that Floyd Mayweather loves betting on different sports. Mayweather, a seasoned player in the world of legal sports betting, embraces the thrill of high-stakes wagers. Moreover, Mayweather doesn’t shy away from sharing the pictures of his betting wins with his fans.

However, in maintaining his well-crafted image, Mayweather is discreet about losses, leaving room for speculation and rumors about his setbacks. Now, just a few hours ago, Mayweather disclosed yet another bet that he had made on an NBA game, and ended up cashing out almost $200k.

Floyd Mayweather wins big with Orlando Magic

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The Orlando Magic clinched a 113-98 triumph against the Phoenix Suns, despite Devin Booker’s remarkable 44-point showcase. Paolo Banchero spearheaded the Magic’s offensive charge with an impressive 26 points, complemented by Moritz Wagner‘s impactful double-double performance, tallying 16 points and securing 12 rebounds.

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Markelle Fultz made valuable contributions on both ends of the court, notching 14 points and showcasing his defensive prowess with five steals. Despite Booker’s exceptional individual performance, converting 17 of 26 shots, the Suns faltered in the face of the Magic’s formidable fourth-quarter surge. Mayweather smartly capitalized on this victory and posted a screenshot of his bet on his Instagram Story. He invested $100k on the Orlando Magic, and withdrew a total of $201000, as per the screenshot.

Mayweather wrote, “I Bet Orlando Magic today for 100k on @betifyofficial.” Besides the NBA games, Mayweather is also known for making heavy bets on the crucial NFL games as well. In fact, reportedly, he even has a record of losing the most amount of money in sports bets.

The day when ‘Money’ lost around $10 million worth of bet

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Distinguished not only for his prowess in the boxing ring but also for his ostentatious display of wealth. Floyd Mayweather consistently showcased his opulence through various means, be it lavish cars, jewelry, or just stacks of cash. But, almost a decade ago, Mayweather reportedly faced a huge monetary loss, and he has never talked about that.

As per the reports of Daily Star, in 2014, he reportedly wagered $10 million on the Denver Broncos to win the Super Bowl against the Seattle Seahawks. Unfortunately for Mayweather, the Seahawks dominated that day with a 43-8 win. Despite this setback, Mayweather’s enthusiasm for high-stakes betting endured. Two years later, the Broncos claimed victory in the Super Bowl, but it’s unknown if Mayweather placed a bet on the team at that time or not.

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So, Floyd Mayweather has made a lot of money through sports betting, but at the same time, he’s also lost a lot of money. However, due to Mayweather’s online persona, he refrains from talking about his losses. What are your thoughts about this? Tell us in the comments section.

Watch This Story: Floyd Mayweather watches 

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Written by:

Chirag Radhyan

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One take at a time

My passion for sweet science began at the tender age of 12, a gift from my father who introduced me to the legendary persona of Muhammad Ali. In my heart, 'The Rumble in the Jungle' still remains to be the pinnacle of sporting history. Over the years, my fervor for boxing remained intact, although life's commitments sometimes deviated me from being a hardcore fan of the sport.
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Edited by:

Arijit Saha