Billy Joe Saunders Wagers £70,000 on Tyson Fury Win

British boxer Billy Joe Saunders is set to bank more than £96,000 if his friend Tyson Fury beats Deontay Wilder and becomes WBC heavyweight champion.

Billy Joe Saunders

Billy Joe Saunders (pictured) has bet £70,000 on his friend Tyson Fury to beat Deontay Wilder. (Image: Getty)

Ahead of the December 1 showdown in LA, Saunders posted an Instagram clip of his high stakes wager. Tagged with the title “Let’s Go Champ,” the short video (see below) shows the former WBO middleweight champion betting £70,000 on Fury at odds of 11/8.

Fury Ready to Rock but Not Bet

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Let’s go champ 🤜

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Should his friend and fellow traveller emerge victorious inside the Staples Centre, Saunders will collect £166,250 for a profit of £96,250. After placing the bet, Saunders promised to buy the cashier a drink before going on to say the Fury is ready to rock and roll.

The heavyweight contest is the first time Tyson Fury will challenge for a title since relinquishing his belts in 2016. Following a bout of depression after beating Wladimir Klitschko to become lineal heavyweight champion, the British boxer was forced into retirement.

Since returning, he’s put together a two-fight win streak and will now challenge Wilder for the WBC title. However, for the man himself, winning the belt means less than proving anyone can battle back from mental health issues.

During a recent interview with IFL TV, Fury explained that he rejected a sponsorship deal with a well-known betting brand. According to Fury, promoting a gaming company would go against his new role as a mental health ambassador.

Problem Gambling Not an Issue for Billy Joe Saunders

With problem gambling high on the UK Gambling Commission’s (UKGC) list of priorities, Fury’s comments come at the perfect time. In December 2017, the Remote Gambling Association (RGA) called for the government to introduce a statutory tax to help fund the prevention and treatment of gambling addiction.

More recently, a host of operators have fallen foul of the UKGC’s social responsibility guidelines. In July, 32Red was hit with a £2 million fine for failing to prevent a customer from gambling related harm after it emerged they were depositing up to £45,000 per month despite earning £2,150.

As the UKGC continues to tighten its controls, people are becoming more aware of the potential risks associated with gambling and Fury’s words will certainly help to raise more awareness. However, for Billy Joe Saunders, £70,000 appears to be within his budget and a small price to pay to support his friend.

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