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Floyd Mayweather Once Blew Michael Phelps Out of Water With $3 Million Bet

Published 06/30/2022, 8:30 AM EDT

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USA Today via Reuters

If there is one thing that Floyd Mayweather Jr. loves as much as boxing, it is a good old money-making escapade. Moreover, this mindset has made him one of the richest athletes of all time. ‘Money’ Mayweather never shies away from a good bet. In fact, Mayweather once raked in millions on a well-placed bet.

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Mayweather was attending a college football game where Michigan faced Alabama in 2012. It was reported that he placed a wager on Alabama. But there was a lot of uncertainty, with multiple sources claiming that Mayweather bet on Michigan.

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However, the claims were silenced once the game ended with Alabama winning 41-14. Talking about Mayweather’s massive haul, Terez Owens reported, “Floyd Mayweather won 3 million off of Alabama destroying Michigan 41-14. It’s funny how all you foolio’s were telling me he took Michigan. Floyd is a winner and we will be laying down our hard earned cash on whatever he bets.”

It is worth noting that Mayweather is extremely careful while placing his bets. And, not to mention the constant rays of Lady Luck’s glory shining on him. Moreover, the massive win is a testament that Mayweather truly deserves the ‘Money’ nickname.

Floyd Mayweather was not the only one who earned money

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Floyd Mayweather is not the only athlete who loves to mint money with a well-placed gamble. Making money is in fact a rather ‘amphibious’ effort. Another athlete who made it big in the betting game is humankind’s very own answer to swordfishes, Michael Phelps.

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Phelps once raked in some serious cash after a betting night at Caesar’s Palace in Las Vegas. It was reported that Phelps and his friends played a cash poker game, and walked away with a neat USD 100,000 after winning a single game.

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Written by:

Joshua Ben Joseph

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Joshua Ben Joseph is a Boxing writer for EssentiallySports. He started his career as an editorial cartoonist and holds a BFA degree with a specialization in Animated Filmmaking and Screenwriting from AISFM, Hyderabad. An avid lover of boxing history, Joshua believes his writing extends his lifelong adoration for combat sports.
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Edited by:

Ajinkya Aswale