Keywords
Arete, Sport and Society, American Sport History, Boxing, Evander Holyfield, Mike Tyson, Don King, O-rena, Citrus Bowl, Corporate welfare
Subjects
Boxing; Holyfield, Evander; Tyson, Mike, 1966-; King, Don, 1931-; Orlando (Fla.); Orlando Magic (Basketball team); Arenas; Stadiums; Corporations; Subsidies
Introduction
A week after the Boston College story broke the gamblers took a bath, not on college football but on the godfather of sports gambling, boxing. Evander Holyfield's upset of the century over Mike Tyson was a disaster for those who set the odds and cover the bets. With odds running 25-1 to open and dropping to 5-1 just before the fight, bookmakers lost several million dollars. Major money was placed on Holyfield in the last few days, at least some of it coming from the Holyfield camp itself, and the smart money on the favorite never surfaced as betting closed.
Publication Date
11-14-1996
Document Type
Commentary
Type
Text
Format
application/pdf
Source Title
Sport and Society for Arete
Language
English
Collection
Publication Version
Author's version
Copyright Status
Author retained
College
College of Arts and Humanities
Department
History
Creator (Linked Data)
Crepeau, Richard C., 1941- (VIAF)
Recommended Citation
Crepeau, Richard C., "Holyfield and Tyson - When Magic Play at Arena, City Loses Money" (1996). On Sport and Society. 447.
https://stars.library.ucf.edu/onsportandsociety/447
Included in
Cultural History Commons, Journalism Studies Commons, Other History Commons, Sports Management Commons, Sports Studies Commons