Floyd Mayweather Jnr is known to fancy a flutter , but this time it 's he who is the subject of a huge bet . Rapper 50 Cent , who used to be part of The Money Team , plans to stake $ 1.6million ( £1million ) on Mayweather beating Pacquiao on May 2 . Should Mayweather prevail in Las Vegas , 50 Cent - real name Curtis Jackson - would pocket $ 2.3m ( £1.5m ) . VIDEO : Scroll down to listen to 50 Cent talking about Mayweather 's fight with Pacquiao . Rapper 50 cent plans to stake £1m on Floyd Mayweather defeating Manny Pacquiao in Las Vegas on May 2 . The rapper ( left ) , pictured with Mayweather ( right ) in 2007 , would pocket £1.5m Pacquiao is defeated . ' I got the champ , ' he told The Breakfast Club . 'The champ gon na smoke him . It 's gon na look like [ the fight ] was pumped up for no reason . ' 50 Cent said he ran into Mayweather at a Chris Brown concert at the Barclays Centre in New York and that he was 'focused ' . It was only last year that the pair were engulfed in a bitter row when 50 Cent promised to donate $ 750,000 to charity if Mayweather could read a page of a Harry Potter book . Mayweather continues his training in his Las Vegas gym on Tuesday ahead of fighting Pacquiao on May 2 . Mayweather , still undefeated at 37 , is training in Las Vegas , where the fight will take place on May 2 . In response , the pound-for-pound No 1 tweeted pictures of his last two pay cheques , totally more than $ 70m , to remind 50 Cent how rich he was . And he said : ‘ ' I 'd be perfect at reading if it was how I had to feed my family . ' Mayweather ’ s relationship with 50 Cent were business partners until 2012 before they split with the latter forming his own promotional company . Mayweather and Pacquiao both started their training camps on Monday , in Las Vegas and Los Angeles respectively . They will face the media for the only time before fight week in downtown Los Angeles on March 11 . Pacquiao trained in the Philippines before jetting to Los Angeles to continue his preparations . Pacquiao watched his basketball team lose on Sunday before flying to Los Angeles to start his camp .
Floyd Mayweather will face Manny Pacquiao in Las Vegas on May 2 . Rapper 1.5 plans to stake £1million on Mayweather winning the fight . American music star would win £50 Centm if Pacquiao is defeated . READ : Mayweather and Pacquiao to come face-to-face in LA next week . CLICK HERE for all the latest Mayweather vs Pacquiao news .