Massive UFC 303 Bet In Limbo Amid Fight Cancellation Speculation

There's been a lot of recent speculation as to the current status of
the UFC 303 main event, which is scheduled to feature the long-awaited
return of Conor McGregor against Michael Chandler. While there has
been no official word or updates from the promotion, there have been
reports from Ariel Helwani that they are actively sending out feelers
once again to find potential replacements for McGregor or even looking
for a new fight all together.

This is particularly troubling news for one bettor who is holding a
massive ticket on the fight and needs a Michael Chandler win to cash
it. The bettor placed $32.26 on the longshot parlay at +2231774 odds
for a chance to win $720,002.52 and advanced the play all the way to
the final leg, which is Michael Chandler's ML.

Now they face an abnormally early sweat waiting to see if the fight
will even take place, let alone whether or not Chandler can cash the
ticket. In the event the fight is actually cancelled, the Chandler leg
will presumably be voided and the bet will be paid out at the adjusted
odds. However, if the fight holds together, this bettor faces an
interesting dilemma.

According to the WagerWire Bet Value Calculator, the bet is currently
worth roughly $389,726. Assuming they are being offered a cash out,
they have multiple options on how they could proceed. They could
choose to let the ticket ride and presumably place a sizable hedge to
insure a nice profit. They could just accept the cash out, if one is
being offered, and walk away. Or with the help of WagerWire, the
bettor could potentially look to sell all or a portion of the bet
prior to the fight.

What would you do if you were holding this ticket? Would you continue
to hold your breath to see whether or not the fight actually happens
or would you already be evaluating your options? Hopefully the UFC
will provide some clarity for the bettor in the coming days since the
event is rapidly approaching. Despite the outside reports that the
fight is in danger of being cancelled, the promotion and venue have
continued advertising the matchup for June 29th, so there is still
some hope that the fight takes place.

Be sure to check out the WagerWire Bet Value Calculator to keep up
with the value of all of your bets!