Axios

Bets are pouring in on the Mike Tyson-Jake Paul fight tonight on Netflix.

Friction point: Tyson, 58, is coming out of retirement to face the 27-year-old social-media celebrity and boxer.

Follow the money: "I'm shocked at how much this fight is being bet," Westgate Sportsbook risk manager Andrew Babakitis told ESPN. "It almost feels like a joke, but it's not. There's some serious money on this thing."

• One trader at a top U.S. sportsbook told Legal Sports Report that it's "insane" how much money they've taken on the fight. "We didn't expect anything like this."

The intrigue: Most of the betting public is backing Tyson, but a number of major wagers — including at least one seven-figure bet at Caesars — have come in on Paul.