Conor McGregor lost a staggering $1million bet after Mike Tyson’s disappointing loss to Jake Paul.
McGregor put down a double bet – featuring Tyson vs Paul on Friday and Jon Jones vs Stipe Miocic at UFC 309 on Saturday – but has already come up short.
The Irishman backed a 58-year-old Tyson to knock out Paul despite an age gap of 31 years and also put his faith in Jones to beat Miocic in their heavyweight title fight.
Less than an hour before the fight, McGregor took to social media publicly stating his confidence on landing the bet:
He posted: “My two fight bets this weekend! Tyson KO, Jones Stoppage. $1million double on.”
Unfortunately for the former MMA champion, his bet crashed even before the UFC event could kick off at Madison Square Garden.
A sluggish and underwhelming Tyson lost his first fight in 19 years via unanimous decision after eight rounds, leading McGregor to subsequently delete his tweet.
It was not the only tweet ‘Notorious’ deleted on Saturday night, after crudely suggesting Paul’s next opponent should be Prichard Colon, who was left in a vegetative state after suffering a life-altering brain bleed in his fight with Terrel Williams in 2015.
You would have to go back 22 years to find Tyson’s last win – which was against Clifford Etienne, who he knocked out in the first round.
Despite the initial bet being thrown out the window, McGregor will be tuned in to watch the return of the two MMA heavyweight legends.
Miocic is returning to the octagon after two years and Jones is coming back after 18 months out.
Last month, McGregor claimed that he was ‘up $7.7m in gambling profits this year’ after placing bets including Spain to win the Euros and Argentina to win the Copa America.
The 36-year-old rakes in millions in revenue every year from his investments and businesses outside of the cage, such as Proper Number Twelve and Bare Knuckle Fighting Championships, which make him one of the richest athletes in sport.
That is despite not fighting in the octagon since his loss against Dustin Poirier in 2021, during which he suffered a gruesome broken leg.
He was scheduled to fight Michael Chandler this year but had to pull out due to an injured toe.
He now has an estimated net worth in the range of $200m, which includes his fight earnings with the UFC.
The biggest payday McGregor has received came in his lucrative boxing fight with Floyd Mayweather in 2017, which saw him pocket around $100m.
