In the aftermath of the Las Vegas Grand Prix and Mike Tyson v Jake Paul, Betby has provided Gambling Insider with exclusive figures and wagering data that reveal the betting habits of the punters over the two events.
Las Vegas GP: The drivers
Race winner George Russell was backed heavily at the Vegas GP, accounting for 6% of the money placed via Betby's operator network. Interestingly, however perhaps unsurprisingly, Verstappen was by far the most bet-on driver over the weekend – as shown by the stats below.
Something that is also highlighted in those statistics is the betting figures churned up by driver Charles Leclerc, who placed fourth in this year’s Las Vegas outing. Leclerc was heavily backed by bettors to take the top spot, an outcome which wasn’t meant to be – as the figures display that a vast majority of turnover from the race was on this driver alone. What that shows us was that the 9% of players betting on Leclerc were betting big.
Hamilton finished in second behind his Mercedes teammate, Russell – a predictable bet which accounted for a little over 2% of the events turnover – highlighting low stakes from punters perhaps looking to play it safe.
Las Vegas GP: The markets
As one would expect, the race winner was by far the most popular market to bet on over the course of race weekend; however, not the market which saw a large amount of high-roller engagement. This, in fact, was more evident from bets made on the outcome of the top three – a market in which almost 70% of turnover was generated.
The top three made up of Russell, Hamilton and rising star Carlos Sainz Jr, but without Verstappen and Leclerc. This was an unexpected finish for the majority of the reported 905,000 viewers of the 2024 Vegas Grand Prix.
Race team winner was another popular vertical, with those who bet on Mercedes coming up trumps; Ferrari and Red Bull were also heavily backed, hence the fair chunk of the turnover in this area. As is to be expected, qualifying wagers were the least popular verticals of the weekend.
Las Vegas GP: Pre-race vs Live
There is a clear outlier here – and it’s not even close. Prematch bets outweighed live bets significantly, an interesting outcome, considering the wide range of things that can happen over the course of a 90-minute race.
The only thing that overshadowed prematch wagering was the amount of turnover it generated, with a much higher amount of money being wagered via prematch bets.
Tyson v Paul: Prematch vs Live
The same, but different.
Over in Texas, Mike Tyson took on Jake Paul – and for anyone who takes up residence under a rock, Paul went home with a victory earned on points.
While the majority of bets on the boxing were, much like the F1, placed before the fight, the margin between prematch and live wagers was much tighter. Interestingly, it would seem that as the fight went on, people began to change their mind as to who they thought would walk away with the win. This is evident as much less money was wagered during the match, in comparison to the amount placed before, highlighting increasing hesitancy.
The dominant prematch over in-play turnover figures suggest that, going into the fight, Tyson, who lost, was the favourite; however, as the fight went on, people started to swing (pun intended) towards Paul.
Tyson v Paul: The markets
This point is accentuated when one observes Betby’s market statistics.
As expected, the winner of the fight was heavily bet on, with this vertical accounting for almost three quarters of the money placed on the fight across all verticals – suggesting that the majority of wagerers backed Tyson for the win.
Running in tandem with the discourse, building up to the fight, the vast majority of punters backed Tyson for the win, with only 14% favouring Jake Paul in the build-up. Tyson to win by knock-out was also a vertical that was three times more popular than backing Paul to win the same way.
Betby saw a much higher amount of money placed on Paul for the win, however, suggesting that while the majority of bets were placed on Tyson, people were putting less money on him to take home the win. People betting on Paul were, by contrast, betting big.
