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Our long time friend Tim Williams of BetUS was recently interviewed by the New York Post in regard to the big line shift for the widely anticipated July 24 Jake Paul vs. Mike Tyson exhibition fight.
BetUS is one of the few online sportsbooks that will be offering betting on Jake Paul vs. Mike Tyson.
Jake Paul is the popular YouTuber turned boxer and Tyson is the former undisputed heavyweight world champion Mike Tyson who would draw massive audiences. The bout is scheduled to take place on July 20, 2024, at the AT&T Stadium in Arlington, Texas. The event will be streamed globally on Netflix.
So why the dramatic line shift?
In the lead-up to the fight, Tyson was shown plenty of videos sparring and showing serious punching power, the Post noted.
After opening as a big underdog, the money at BetUS has flocked to the soon-to-be 58-year-old boxing legend as he prepares to step in the ring against the 27-year-old Paul.
“The line continues to move as the betting public shows incredibly strong support for Tyson,” Tim Williams, director of public relations for BetUS, tells the New York Post. “Already, Tyson is far and away the bettors’ favorite.”
Here is how the trend has gone thus far:
Tyson opened at +225 to win the fight when BetUS opened betting in early March.
By Friday afternoon April 26, Tyson had dropped to +105 –– a near-even-odds underdog.
Paul had dropped from -300 to just a -135 favorite over the same period.
“If the trend continues, we could see the line completely flip, with Tyson becoming the odds-on favorite before the match set to take place on July 20,” Williams said.
“Tyson is attracting the lion’s share of betting action, so we should continue to see this line move in an effort to attract some bets on Paul and balance the book before July rolls around,” he added.
“Tyson just has too much support, and should he win we’ll probably be looking at a significant loss.”
Many books stay clear of taking bets on exhibition fights as they are not officially sanctioned. Sites like BetUS reap the rewards as these fights tend to draw massive betting interest.
- Don Shapiro, Gambling911.com
