Video: Canelo and Chavez Jr bet each other's purse, Winner takes all

It's going to be an expensive night for Chavez if he's paying for each pound he comes in over weight also.

Translation Canelo "I'll bet you the purses !" Chavez "We going to bet your purse amount or mine?" Canelo "Both purses I'll give you that advantage." Chavez "The casino's are offerring 4 to 1." Canelo "You're not betting the casino you betting me . In fact i'm making 4x as much as you and i'll bet my purse." Thanks for the accurate translation!

Yeah I just seen the vid. Canelo kinda made Jr ***** out, Jr seemed like he doesn't want to do it.

The only one safe there is Oscar...

Translation Canelo I'll bet you the purses ! Chavez We going to bet your purse amount or mine Canelo Both purses I'll give you that advantage Chavez The casino's are offerring 4 to 1 Canelo You not betting the casino you betting me . In fact i'm making 4x as much as you and i'll bet my purse.

Is this actually real? like written in the contract? This is gonna be one serious fight if that’s the case.. Both guys will want to take each other’s heads off. I have a feeling it’s all for promotion though. And stunts like this will get allot more people interested in this fight that normally wouldn’t have seen it.

Chavez Jr. Just made the dumbest move in his entire life... dude is not only gonna revive a massive beat down but now he will take it for free. Man... Hopefully this shot ain't true.

Canelo said on an espn interview that the bet was for chavez purse double or nothing, that means if chavez wins he gets 40% instead of 20% but if he loses canelo takes chavez entire purse, he also said that he expects the bet to be considered official since they shaked hands in front of people and cameras... i dont know who is going to pay nacho, memo and haymon if chavez loses, lol..

I'm telling you guys now.. This will be a rivalry that'll have 3, maybe 4 fights along the way. This IS the money fight for both of these guys

lol at anyone who thinks this is a legit bet. Hype.. pretty good hype, better than Canelo saying "IM OFFENDED bc of what Jr. has said about me..." but still pure hype.

Is that legit? Chavez is gonna come to fight then.

Dude, I was about to say how are you gonna make a bet with the other dude not present. I didn't recognize Jr till they shook hands. Lol

This is gonna be a helluvah fight.

I have heard of bets like that before. What I have never heard of is the winner getting paid after he wins the fight. Unless the money bet is held by a mutually trusted third party the bet is meaningless.