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Gambler Loses $3.6M Betting on Mike Tyson to Beat Jake Paul

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Former heavyweight champ Tyson was defeated by YouTuber-turned-boxer Paul in a unanimous decision on Friday.
A gambler who backed Mike Tyson to win his Friday night bout against Jake Paul has lost an eye-watering $3.6 million, Polymarket has revealed.
After much fanfare, boxing legend Tyson, 58, faced off against YouTuber-turned-fighter Paul, 27, at the AT&T Stadium in Arlington, Texas. The event was streamed live by Netflix, which reported the broadcast peaked at 65 million concurrent streams.
Social media personality Paul won by unanimous decision over Tyson following the bout’s full eight rounds. It was the first professional fight by former world heavyweight champ Tyson in nearly two decades.
Paul controlled the pace throughout, with Tyson struggling to find his rhythm as he faced the younger, quicker opponent. The judges’ scorecards reflected the one-sided nature of the contest, with one scoring it 80-72 and the other two at 79-73.
While the result didn’t prove particularly shocking, given that Paul was the odds-on favorite to walk away the victor, one gambler has been left with a sizable hole in their pocket after backing Tyson for the win.
Offshore crypto-based betting platform Polymarket made the announcement on X, formerly Twitter, where a screenshot of the against-the-odds wager was shared.
The image showed that a gambler with the username « zxgngl » had bet in favor of Tyson winning, causing them to subsequently lose a grand total of $3,635,218.89. The loss left the account with a relatively paltry $5,538.

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