May 3 to Be a 'Day to Remember' for Sportsbooks With Kentucky Derby, Canelo vs. Paul Set

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6 February, 2025

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May 3 Will Be a Massive Betting Day

The Kentucky Derby is typically the second most trafficked event for Gambling911.com. And now it will have company with another massive wagering event.

Jake Paul, arguably one of the biggest social media personalities on YouTube,, and Canelo Alvarez, one of boxing's biggest stars,, are finalizing a deal for a fight scheduled to take place on May 3 in Las Vegas, sources told Mike Coppinger of ESPN.

The bout, which will take place at the 200-pound weight limit for the boxers, will be held at T-Mobile Arena and is slated to be streamed on Netflix.

Alvarez, 34, is the former super middleweight undisputed champion of the world, and has won titles in four different divisions. He is 62-2-2 with 39 TKOs.

Paul has defeated the likes of Nate Diaz and Anderson Silva, with his lone loss coming at the hands of Tommy Fury in February 2023. He most recently fought legendary boxer Mike Tyson.

Canelo is a huge -2000 favorite in this one but the books will also be offering plenty of prop bets. So get ready.

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By Chris Costigan

Chris founded Gambling911.com in 1999 and serves as the website's publisher. He brings more than 3 decades of expertise related to the gambling and sports betting sector. Creative talent is in Chris' genes, which he brings to the G911 website. He comes from a showbiz family that includes Yankee Doodle Dandy George M. Cohan. Chris is the grandson of artist John E. Costigan, whose work appears in the Smithsonian. Chris' father was also in the news business and co-founded what is today the Union County Performing Arts Center. Chris is a graduate of Kean University.