I don't gamble or understand how it works. Did he bet $220,00, just to win back $200,000? That seems like a loss to me!?? Please explain, someone.
Boxer Floyd Mayweather is a big believer in Texas A&M quarterback Johnny Manziel. ”Johnny Football never has an off day” he told Howard Stern today. But Mayweather is not content to talk about Manziel – he’s putting his money where his mouth is.
Mayweather told Stern he’s betting $300,000 on Texas A&M vs. Arkansas this weekend. Last weekend, Mayweather bet $220,000 on Manziel and the Aggies to cover the 17.5 point first-half spread against SMU. They did and Mayweather collected a quick $200,000. He tweeted out the picture of the betting ticket over the weekend.
— Floyd Mayweather (@FloydMayweather) September 22, 2013
Many sports books don’t have a line up yet on that game perhaps due to questions surrounding the health of Arkansas quarterback Brandon Allen. A few offshore books have the Aggies listed as a three-point favorite. If Mayweather ends up losing he bet – he can afford it. He just cashed a nearly $41 million check from a boxing match earlier this month.