Jake Paul's Big Fight: Why Betting Giants Aren't Backing the YouTuber

DraftKings Takes a Stand

DraftKings, a major player in the betting world, is taking a stand against Jake Paul. They're not convinced that the YouTuber-turned-boxer will win his upcoming fight against former heavyweight champion Anthony Joshua. In fact, they're expecting to lose a lot of money if Paul does pull off a victory.

Financial Interest in Joshua

Johnny Avello, DraftKings' director of sports operations, admitted that they have a huge financial interest in Joshua winning. He even compared the situation to the 2017 fight between Floyd Mayweather and Conor McGregor. That fight saw a lot of money bet on the underdog, McGregor, but Mayweather won.

Betting Trends

DraftKings is seeing a lot of small bets on Paul, but they're not moving the odds. They believe the current odds reflect the true likelihood of each fighter winning. Avello also mentioned that they've seen some big bets on Joshua and over 2.5 rounds.

Unique Fight Rules

The fight is unique because of its special rules. It's an eight-round fight, not the usual 12, and the weight classes are mixed. DraftKings has factored these rules into their odds. Avello believes that if the fight went more rounds, it might favor Paul.

Odds and Predictions

Paul was initially seen as a huge underdog, with odds of +1500 to win. But as the fight has gotten closer, those odds have decreased to +650. However, DraftKings isn't planning to lower them any further.

Final Showdown

All eyes will be on the fight late Friday and into Saturday. The betting community seems to be all-in on Paul, but DraftKings is taking a different stance. They're betting against the YouTuber and hoping that Anthony Joshua comes out on top.