BETTING odds on Conor McGregor knocking out Floyd Mayweather on August 26 have been dramatically cut after a recent flurry of bets being laid down on the Irishman.

Betsafe had a McGregor knockout set at 15/2, but that highly unlikely result can now be backed at 9/2 after punters flocked to lay bets on the UFC star.

The change in odds come after edited footage of McGregor’s notorious spar with Paulie Malignaggi was released, and the Nevada State Athletic Commission allowing Floyd and Conor to use eight ounce gloves when they meet at the T-Mobile Arena in Las Vegas.

Amazingly, odds on Mayweather to win outright are approaching the 1/3 mark. McGregor will be making his professional boxing debut against Floyd, an all-time great.

As things stand, Julius Indongo – a unified world champion – is a bigger underdog against Terence Crawford this weekend than McGregor is against Mayweather.

Bookies in the UK and US are reporting record amounts of money being placed on the fight, which looks set to break the revenue records set by Mayweather’s 2015 fight with Manny Pacquiao.