95 percent of gamblers are betting on Conor McGregor and it is huge for those who want to win money on Floyd Mayweather

We are only days away from the much anticipated mega-fight between Conor McGregor and Floyd Mayweather and people who want to bet on the favorite are getting a huge boost from everybody else.

Jay Rood, MGM Resorts' VP of Race and Sports, was a guest on ESPN's "Mike & Mike" and discussed just how lopsided the betting action has been so far.

According to Rood, approximately 95% of the bets MGM has received so far have been on McGregor.

"Currently we have nearly 6,400 tickets written to Conor McGregor and about 280 tickets written on Mayweather," Rood told ESPN.

Likewise, according to the Westgate Las Vegas SuperBook, 95% of the bets they have received have also been on McGregor.

The reason most people are betting on McGregor is simple — there is little money to win betting on Mayweather.

According to Rood, some sportsbooks opened up with Mayweather as a -3000 favorite. At that price, a gambler would have to wager $3,000 just to win $100 or $30,000 to win $1,000. While many view Mayweather as a sure thing, that is still a lot of money to risk for little reward.

This creates a problem for the sportsbooks. With so many people betting on McGregor, they are at risk of losing a lot of money if he actually pulls off the upset. One estimate says the sportsbooks in Vegas would lose $48 million collectively if Mayweather loses.

To counter this, the sportsbooks are forced to keep the odds on Mayweather as low as possible in order to entice at least some bets on the favorite.

With just three days to go until the fight, Mayweather's odds are down to +550 to win. Now if somebody wanted to win $100, they would have to bet $550. If they wanted to win $1,000, they would have to risk $5,500.

The big winners here are the gamblers who were patient and waited to bet on Mayweather. While a bet on Mayweather still has a small reward, the risk is now much lower.

During a recent appearance on Cousin Sal's "Against All Odds" podcast, ESPN boxing analyst Max Kellerman said "Mayweather would literally be a tremendous value at 50-to-1." Instead, gamblers are getting him at 5.5-to-1.

"We're looking for a little bit of Mayweather money to balance this out because we have a lot of liability on Conor," Rood said. "I have a bet that a guy wants to come out and lay $3 million on Mayweather, which wins close to $500,000."

But there is also a risk here for those who are still waiting to bet on Mayweather. That is, they don't want to wait too long.

According to Rood, 90% of the money being wagered comes in the last 36 hours before a fight. If a lot of that money goes on Mayweather to win — especially from the professional gamblers who typically bet much larger sums of money — the odds could reverse and start to swing higher again.

RELATED: UFC champion Conor McGregor

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NEW YORK, NY - NOVEMBER 09: UFC Featherweight Champion Conor McGregor takes part in UFC 205 Open Workouts at Madison Square Garden on November 9, 2016 in New York City. (Photo by Michael Reaves/Getty Images)
Nov 12, 2016; New York, NY, USA; Conor McGregor (blue gloves) celebrates with his two championship belts after defeating Eddie Alvarez (red gloves) in their lightweight title bout during UFC 205 at Madison Square Garden. Mandatory Credit: Adam Hunger-USA TODAY Sports
Northern Ireland , Ireland - 19 November 2016; UFC Lightweight and Featherweight champion Conor McGregor at UFC Fight Night 99 in the SSE Arena, Belfast. (Photo By David Fitzgerald/Sportsfile via Getty Images)
BELFAST, NORTHERN IRELAND - NOVEMBER 19: (L-R) Artem Lobov of Russia celebrates with teammate and UFC champion Conor McGregor after his featherweight bout against Teruto Ishihara during the UFC Fight Night at the SSE Arena on November 19, 2016 in Belfast, Northern Ireland. Lobov defeated Ishihara by unanimous-decision. (Photo by Brandon Magnus/Zuffa LLC/Zuffa LLC via Getty Images)
New York , United States - 17 March 2017; UFC Lightweight Champion Conor McGregor during an interview in The Theater in Madison Square Garden in New York, USA. (Photo By Ramsey Cardy/Sportsfile via Getty Images)
NEW YORK, NY - NOVEMBER 12: UFC featherweight champion Conor McGregor of Ireland warms up backstage at Madison Square Garden prior to his lightweight championship fight agianst Eddie Alvarez during the UFC 205 event on November 12, 2016 in New York City. (Photo by Brandon Magnus/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - NOVEMBER 12: Conor McGregor of Ireland celebrates his victory over Eddie Alvarez in their UFC lightweight championship fight during the UFC 205 event at Madison Square Garden on November 12, 2016 in New York City. (Photo by Brandon Magnus/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - NOVEMBER 12: UFC featherweight and lightweight champion Conor McGregor of Ireland poses for a picture during the UFC 205 post fight press conference at Madison Square Garden on November 12, 2016 in New York City. (Photo by Brandon Magnus/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - NOVEMBER 12: Conor McGregor of Ireland celebrates his KO victory over Eddie Alvarez of the United States in their lightweight championship bout during the UFC 205 event at Madison Square Garden on November 12, 2016 in New York City. (Photo by Jeff Bottari/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - NOVEMBER 12: Conor McGregor of Ireland warms up in his locker room prior to his lightweight title fight against Eddie Alvarez during the UFC 205 event at Madison Square Garden on November 12, 2016 in New York City. (Photo by Ed Mulholland/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - NOVEMBER 12: Eddie Alvarez of the United States (right) fights against Conor McGregor of Ireland in their lightweight championship bout during the UFC 205 event at Madison Square Garden on November 12, 2016 in New York City. (Photo by Jeff Bottari/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - NOVEMBER 12: Conor McGregor of Ireland warms up in his locker room prior to his lightweight title fight against Eddie Alvarez during the UFC 205 event at Madison Square Garden on November 12, 2016 in New York City. (Photo by Ed Mulholland/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - NOVEMBER 11: (R-L) Conor McGregor of Ireland and Eddie Alvarez face off during the UFC 205 weigh-in inside Madison Square Garden on November 11, 2016 in New York City. (Photo by Brandon Magnus/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - NOVEMBER 11: UFC Featherweight Champion Conor McGregor reacts during UFC 205 Weigh-ins at Madison Square Garden on November 11, 2016 in New York City. (Photo by Michael Reaves/Getty Images)
NEW YORK, NY - NOVEMBER 10: UFC featherweight champion Conor McGregor of Ireland interacts with fans and media during the UFC 205 press conference inside The Theater at Madison Square Garden on November 10, 2016 in New York City. (Photo by Mike Roach/Zuffa LLC/Zuffa LLC via Getty Images)
NEW YORK, NY - SEPTEMBER 27: UFC featherweight champion Conor McGregor of Ireland interacts with the media and fans during the UFC 205 press event at Madison Square Garden on September 27, 2016 in New York City. (Photo by Jeff Bottari/Zuffa LLC/Zuffa LLC via Getty Images)
LAS VEGAS, NV - AUGUST 20: (L-R) Nate Diaz and Conor McGregor of Ireland embrace after finishing five rounds in their welterweight bout during the UFC 202 event at T-Mobile Arena on August 20, 2016 in Las Vegas, Nevada. (Photo by Jeff Bottari/Zuffa LLC/Zuffa LLC via Getty Images)
LAS VEGAS, NV - AUGUST 20: (R-L) Nate Diaz punches Conor McGregor of Ireland in their welterweight bout during the UFC 202 event at T-Mobile Arena on August 20, 2016 in Las Vegas, Nevada. (Photo by Jeff Bottari/Zuffa LLC/Zuffa LLC via Getty Images)
LAS VEGAS, NV - AUGUST 20: Conor McGregor waits for the start of his welterweight rematch against Nate Diaz at the UFC 202 event at T-Mobile Arena on August 20, 2016 in Las Vegas, Nevada. McGregor won by majority decision. (Photo by Steve Marcus/Getty Images)
LAS VEGAS, NV - AUGUST 20: Conor McGregor of Ireland prepares to walkout prior to facing Nate Diaz in their welterweight bout during the UFC 202 event at T-Mobile Arena on August 20, 2016 in Las Vegas, Nevada. (Photo by Jeff Bottari/Zuffa LLC/Zuffa LLC via Getty Images)
LAS VEGAS, NV - AUGUST 20: (2nd L-R) Mixed martial artist Conor McGregor, golfer Rory Mcllroy and singer Niall Horan celebrate McGregor's UFC 202 victory during the official after-fight party at Intrigue Nightclub at Wynn Las Vegas on August 20, 2016 in Las Vegas, Nevada. (Photo by David Becker/Getty Images for Wynn Las Vegas)
LAS VEGAS, NV - AUGUST 20: (L-R) Conor McGregor punches Nate Diaz in their welterweight bout during the UFC 202 event at T-Mobile Arena on August 20, 2016 in Las Vegas, Nevada. (Photo by Brandon Magnus/Zuffa LLC/Zuffa LLC via Getty Images)
LAS VEGAS, NV - AUGUST 20: Conor McGregor of Ireland fights Nate Diaz in their welterweight bout during the UFC 202 event at T-Mobile Arena on August 20, 2016 in Las Vegas, Nevada. (Photo by Josh Hedges/Zuffa LLC/Zuffa LLC via Getty Images)
Sep 27, 2014; Las Vegas, NV, USA; Conor McGregor (blue gloves) fights Dustin Poirier (red gloves) during a featherweight fight during UFC 178 at MGM Grand Garden Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports
Sep 27, 2014; Las Vegas, NV, USA; Conor McGregor (blue gloves) is victorious over Dustin Poirier during a featherweight fight during UFC 178 at MGM Grand Garden Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports
STOCKHOLM, SWEDEN - APRIL 06: (L-R) Conor McGregor punches Marcus Brimage in their featherweight fight at the Ericsson Globe Arena on April 6, 2013 in Stockholm, Sweden. (Photo by Josh Hedges/Zuffa LLC/Zuffa LLC via Getty Images)
BOSTON, MA - JANUARY 18: Conor McGregor of Ireland punches Dennis Siver of Germany in their featherweight fight during the UFC Fight Night event at the TD Garden on January 18, 2015 in Boston, Massachusetts. (Photo by Jeff Bottari/Zuffa LLC/Zuffa LLC via Getty Images)
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