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Derek Chisora sticks massive £8,500 bet on Billy Joe Saunders to BEAT Canelo Alvarez and could win £54k

DEREK CHISORA has whacked an £8,500 bet on Billy Joe Saunders beating Canelo Alvarez and will win £54k if he does.

Saunders faces Canelo, 30, in a super-middleweight unification in Texas at the weekend and Chisora is confident he has what it takes to win.

Derek Chisora has backed Billy Joe Saunders to beat Canelo Alvarez
The Brit faces the Mexican in Dallas this weekend

Pound-for-pound king Canelo is hot favourite

War posted a picture of his bet slip online.

It showed a 10,000 euro bet on Saunders to win with the potential winnings showing as 62,000 euros.

The bet comes just hours after Chris Eubank Jr lumped on £10k of his own but he backed Canelo instead.

Eubank tweeted: “The bet has been placed! Billy Schmoe Saunders to get cleaned out by Canelo Alvarez this Saturday.

“Oh… & the 10k I stand to win will all go to charity.”

Eubank, 31, was beaten by Saunders, also 31, in 2014 but the pair have feuded ever since.

Initially, the son of British boxing legend Chris Sr revealed he wanted his former opponent to win, setting up a blockbuster rematch.

But after some thinking time Eubank, who beat Marcus Morrison on his ring return, made a U-turn.

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The eagerly-anticipated super-middleweight title unification bout between Saunders and pound-for-pound king Canelo was in danger of falling through due to a row over the size of the ring.

A replacement is being flown out for Saunders, just in case.

The pair were initially set to trade blows in a 20ft ring at the Dallas Cowboys Stadium, which Team Saunders thought gave Mexican mauler Canelo an unfair advantage.

Saunders, along with his best mate and WBC king Fury, wanted a 22ft ring, at least.

But now there appears to have been a compromise reached.

Saunders shared a video on his social media last night, saying: “Hey all, just wanted to say, I’m pleased the issue is sorted because obviously you can see I tagged Eddie Hearn and Canelo in the last video.

“The ring is not a problem, so thumbs are up, chilling back watching a few films, Eddie, get the ring in mate.”

Matchroom boss Eddie Hearn was seemingly worried enough to have fellow Brit John Ryder ready to step in for Saunders.

Boxing News reported that Ryder, who lost to Saunders in 2013, ‘is flying out to Texas and has declared he is willing to jump in and face Canelo’.

They add: “Ryder was training for a fight in June and set to fly out for promotional work regardless.”

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