Ryan Garcia banks staggering winnings after placing $2million bet on himself to beat Devin Haney | HO

Ryan Garcia has confirmed he bet on himself to beat Devin Haney and won big.

Garcia pulled off a major upset as he dropped Haney three times en route to a dramatic majority decision win on Saturday night at the Barclays Centre in New York.

Haney was dropped three times by Garcia during their epic encounterCredit: Getty

‘King Ry’ gave up around $600,000 to Haney on the scales after missing weight by 3.2lbs but according to the 25-year-old he earned around $50m in total from the fight.

The majority of that money will have come from his purse and any other endorsements he signed before the bout.

But a large chunk of his earnings were generated from a $2million bet he placed on himself to win the fight.

During the DAZN broadcast, the commentators claimed Garcia had cashed in $12million at 6/1 odds.

And now, Garcia has confirmed this to be the case on social media.

Taking to Instagram, he wrote: “If you bet, bet on yourself on top of what we made. Eating Good.

“About 50 million ( probably more )in one night not too shabby

“I will let God guide me on how to use this money, Amen.”

The post included a picture of Garcia on fight night with a screenshot of a tweet reading: “Ryan Garcia reportedly bet $2m on himself to defeat Devin Haney and was paid out $12m.”

While Garcia enjoyed fruitful returns from his bet, former UFC middleweight champion, Israel Adesanya, lost $20,000 after backing Haney to get his hand raised.

Fans worry as Ryan Garcia chugs beer on the scales at weigh-in and misses weight for title fight against Devin Haney

Adesanya uploaded a picture of his betting to slip to social media with the caption: “Shoot the dice.”

The Kiwi would have picked up a cool $40,000 if his prediction had come to fruition but unfortunately, it did not.

Garcia’s stock has risen tenfold after beating Haney and he now has several options on the table for his next fight.

A rematch was teased by both fighters in the immediate aftermath while Garcia has also called out Conor Benn on X.

On Saturday night, Garcia received a congratulatory message from Benn, who expressed a willingness to face ‘KingRy’ or Haney next.

He tweeted: “Great performance from Garcia I called it.

“Credit to Devin Haney for getting up off the floor 3 times. I will fight any of these guys.”

Garcia then fired back by suggesting he and Benn box at the O2 Arena before aiming a violent threat at the Brit.

He replied: “Let’s run it in London at the O2. I will fracture your SPLEEN and then eat it. Shoutout London.”

Meanwhile, Devin’s father and trainer Bill Haney has said his son is now going to take a break from boxing before returning to the ring.

When he does return though, a second fight between the pair will be a lucrative possibility.