Diddy and Mark Wahlberg strike $250,000 wager on Las Vegas mega-fight between Floyd Mayweather and Manny Pacquiao

Diddy certainly isn’t pulling any punches when it comes to putting his money where his mouth is ahead of the mega-fight between Floyd Mayweather and Manny Pacquiao.

The rapper and producer placed a $250,000 bet with Hollywood actor and friend Mark Wahlberg that ‘Money’ Mayweather will come out on top in the bout.

In the video posted to Instagram, Diddy originally suggests a $100,000 wager, before being raised by Wahlberg as the duo chat while sitting by a swimming pool.

Diddy and Mark Wahlberg placed a bet of $250,000 on the Floyd Mayweather and Manny Pacquiao mega-fight

Diddy and Mark Wahlberg placed a bet of $250,000 on the Floyd Mayweather and Manny Pacquiao mega-fight

Diddy offers to place a bet of $100,000 on Mayweather in the Las Vegas mega-fight next weekend

Diddy offers to place a bet of $100,000 on Mayweather in the Las Vegas mega-fight next weekend

Wahlberg accepts but raises the stake to $250,000 on the mega-fight as he takes on the rapper

Wahlberg accepts but raises the stake to $250,000 on the mega-fight as he takes on the rapper

Diddy puts his money where his mouth is and the duo agree to put $250,000 on the showdown

Diddy puts his money where his mouth is and the duo agree to put $250,000 on the showdown

The pair share a joke as they agree to the wager in front of a swimming pool

The pair share a joke as they agree to the wager in front of a swimming pool

But Diddy and Wahlberg aren’t the only ones planning to splash the cash ahead of the Las Vegas fight, which is expected to gross over $300million.

American boxer Adrien Broner has revealed he will be putting down $10,000 on a stoppage during the fight.

And if that wasn’t quite enough, the 25-year-old three-time world champion also admitted he could put as much as $50,000 down on the fight which takes place this weekend.

Boxing duo Mayweather and Pacquiao are just days away from their mega-fight in Las Vegas

Boxing duo Mayweather and Pacquiao are just days away from their mega-fight in Las Vegas

Pacquiao in training with Freddie Roach at the Wild Card Gym leading up to the fight

Pacquiao in training with Freddie Roach at the Wild Card Gym leading up to the fight

Mayweather trains during a media workout in preparation for Saturday's fight with Pacquiao

Mayweather trains during a media workout in preparation for Saturday's fight with Pacquiao

The Las Vegas mega-fight is set to shatter revenue records too, with contributions from five title sponsors amounting to $13.2million, roughly three times the previous highest amount.

For instance, Tecate have paid $5.6m to become the official beer of the fight and the main ring mat sponsor, beating a $5.2m bid from Corona.

Meanwhile, sales of Pacquiao merchandise have soared 10-fold in the build-up to the fight, with retailers in his native Philippines struggling to keep up with demand.

Fans have been snapping up Pacquiao t-shirts, boxing gloves, figurines, baseball caps and jackets ahead of the fight, believing they will soar in value should he beat Mayweather.

In all, the fight is expected to give the Las Vegas economy a $1bn-plus boost with as many as 300,000 fans descending on the Nevada city just so they can say 'I was there' on the night.

 

The comments below have been moderated in advance.

The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.

We are no longer accepting comments on this article.

Who is this week's top commenter? Find out now