Dana White has revealed how he once lost $1million from gambling on a boxing fight.
The UFC President put the huge sum of money on Jermain Taylor to beat Kelly Pavlik when the pair clashed in 2007.
Pavlik knocked Taylor out in the seventh round to become the WBC, WBO, The Ring and lineal middleweight champion.
They clashed in a rematch the following year, with Pavlik again winning, this time via unanimous decision.
White told ESPN :“Oh my god. What was the kid’s name? Jermain Taylor.
"And who did he fight? I know this for the ass-whooping I took. He fought the tall, lanky, white kid from Ohio, Kelly Pavlik.
"I bet $1million on Taylor and he got destroyed.
"It was the first time I ever bet $1million dollars because I was so confident Taylor was going to win that fight."
White was speaking on the legality of sports betting in the United States.
He added: "It’s obviously a thing people love to do.
"It makes whatever you’re watching a lot more fun, a lot more interesting, so I’ve always been for it. But I’m from Vegas.
“I play table games too much. I’m a degenerate if you’re not getting it. I’m a degenerate, yes. I love to gamble."
