Conor McGregor made a significant profit by betting on his former rival, Nate Diaz.
On Saturday night, Diaz went head-to-head with former UFC fighter Jorge Masvidal in a 10-round boxing match in Anaheim, California.
In a thrilling and competitive bout, Diaz emerged victorious via majority decision, earning praise from fans for his performance.
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Before the fight, McGregor revealed on social media that he had placed a substantial bet on Diaz, who was considered the underdog. McGregor wagered $500,000, with the potential to win $1.625 million if Diaz won the match.
McGregor’s confidence in Diaz’s abilities was evident in his message: “I’ve decided to put $500,000 on Diaz to win tonight’s boxing match. Range, form, experience, solely hands being used, I can’t see Masvidal causing any problems to Nate in a boxing ring whatsoever. They are both little play around dipsh-ts in a fight, play around bollox, but I feel Nate does him in EASY here for real. $500k gets me back $1,625,000 all in.”
The victory secured McGregor a hefty return on his investment, marking one of the easiest million-dollar earnings of his career.
The fight itself was a testament to Diaz’s boxing skills and resilience. Despite being the underdog, he controlled the bout with his experience and strategic use of range, ultimately outboxing Masvidal. This win further solidified Diaz’s reputation in the combat sports world and provided a substantial financial reward for McGregor.
McGregor’s bet and Diaz’s triumph are sure to be memorable moments in both fighters’ storied careers, highlighting their enduring impact on the sport.