This Friday, Mike Tyson and Jake Paul are set to clash in a one-of-a-kind boxing event. However, betting on this much-hyped match has been banned in seven U.S. states due to concerns over its unconventional structure.
With Tyson at 58 taking on Paul, a 27-year-old YouTuber-turned-boxer, the matchup features modified rules that differ from typical professional bouts.
Tyson and Paul will fight over eight two-minute rounds with 14oz gloves instead of the usual three-minute rounds and 10oz gloves used by heavyweight fighters.
States like New York, Pennsylvania, and Colorado are refraining from allowing bets on the match due to these “non-traditional rules” and the modified fight duration.
According to Pennsylvania officials, “Given the totality of factors, the decision was made in the best interest of the betting public not to permit wagering in Pennsylvania.”
Colorado additionally cited concerns about the lack of professional ranking for all participants as a key factor in its decision.
Though restricted in seven states, 31 others still offer betting on this anticipated contest, with Tyson currently labeled as a +170 underdog.
Alex Rella, a senior trader at BetMGM, stated, “Bettors want to see Paul get knocked out and love Tyson as an underdog,” while confirming that BetMGM expects the bout to be one of its most bet-on boxing events ever.
The Nevada Gaming Commission has allowed wagers, saying Tyson vs. Paul passed their requirements to be sanctioned as a professional bout.
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