Almost all sports games have a favorite and underdog though, and a bookmaker will adjust their odds to reflect the likelihood of each team/player winning the game.
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It's more than betting on who will win a game; it's considering whether the price/odds of that team/player are truly representative of what is likely to play out.
Sure, staking $500 to return $100 sounds risky, but the odds should have been closer to -1100 for Mayweather to win that bout when assessing the form (and lack of) between both fighters.
With so many fans backing McGregor to win, the disparity between the odds of each fighter shrunk.
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