Arman Tsarukyan placed a $1 million bet on Justin Gaethje, who won against Ilia Topuria at UFC Freedom 250, potentially earning Tsarukyan $5.7 million.
What happened?
The bet was placed through a third-party app by a friend, avoiding immediate UFC sanctions.
UFC President Dana White clarified the situation, stating the wager did not violate regulations.
Why it matters for Arman Tsarukyan
Tsarukyan's confidence in Gaethje was evident, saying "every time Gaethje fought, everybody thought he's going to lose but he always won".
He also admitted to being nervous, stating "earning $1 million requires tremendous effort while placing the bet took only a few seconds".
What comes next?
The outcome of the bet and whether Tsarukyan will receive the winnings is still uncertain, sparking intense public and media speculation.
As of the UFC 250 event, Gaethje's victory marked a career-defining moment, ending Topuria's unbeaten streak via a fourth-round corner stoppage.
The situation has raised questions about UFC regulations and the implications for fighters betting on promotion events.
Tsarukyan's bet was reportedly placed with a potential payout of $5.7 million, a significant amount for the lightweight contender.
The UFC community is eagerly awaiting the outcome of the situation, with many fans and pundits discussing the implications of Tsarukyan's bet.
Arman Tsarukyan's decision to bet on Gaethje has sparked a lively debate about the rules and regulations surrounding UFC events.
The Armenian athlete's confidence in Gaethje was well-placed, as the veteran fighter pulled off a stunning upset against Topuria.
As the situation continues to unfold, one thing is certain - Arman Tsarukyan's $1 million bet on Justin Gaethje has made headlines and sparked intense interest in the UFC community.