Jorge Masvidal Bets $200K on Josh Hokit Through CocoBet Ahead of UFC 334

The former UFC welterweight title challenger committed a staggering $200,000 on Hokit through CocoBet ahead of the high-stakes UFC 334 main event scheduled for Saturday, November 14, in New York City. The ambitious gamble highlights not only Masvidal’s profound confidence in the surging heavyweight contender but also the lucrative potential of an exclusive betting line secured through the platform.

Thanks to an exclusive boosted odds offer of +400 provided by CocoBet, Masvidal stands to reap an $800,000 profit should Hokit pull off the upset in the Big Apple. Including his original $200,000 stake, a successful night for the challenger would net the "Gamebred" founder a cool $1 million total return. The betting ticket itself illustrates the enhanced value, showing Hokit’s price climbing significantly from his opening baseline of +158 all the way up to the +400 marker.

Masvidal Reveals $200,000 CocoBet Wager

The details of the high-roller bet came to light during a recent appearance by Masvidal on the Deep Waters podcast, hosted alongside fellow MMA icons Chris Weidman and Dustin Poirier. During the episode, the conversation turned toward the heavyweight championship clash, prompting Masvidal to explain that he had been hunting for the most favorable odds possible on the division’s rising newcomer.

Mid-conversation, Masvidal pulled out the physical proof, proudly producing the betting ticket to disclose the true magnitude of his financial backing.

"I’ve got the receipt right here in my pocket," Masvidal told his co-hosts, flashing the slip. "$200,000, boy. I get $1 million back."

Following the podcast appearance, Masvidal took to his Instagram Story to share the CocoBet ticket digitally with his millions of followers, reinforcing his stance that the boosted line presented the absolute best value available on the market for anyone brave enough to back the underdog. Although Masvidal casually referred to the wager during his media appearances as receiving "5-to-1" odds, the official ticket explicitly displays Hokit at +400. In standard betting terms, that price translates to four dollars in net profit for every individual dollar wagered, accompanied by the return of the initial principal investment upon a winning outcome.

Masvidal Backs Hokit’s Wrestling

At the heart of Masvidal’s heavy investment is a tactical belief in Hokit’s elite wrestling pedigree and his proven ability to impose suffocating pressure on opponents. Hokit transitions into MMA’s premier promotion with a formidable athletic background, having competed as an NCAA Division I wrestler and a college football player before carving out a rapid ascent through the UFC heavyweight ranks.

Now boasting an unblemished 10-0 professional record, the challenger has rapidly quieted skeptics by securing high-profile victories over division staples such as Curtis Blaydes and Derrick Lewis. Masvidal is banking on that exact grappling lineage to serve as the kryptonite for Gane’s vaunted striking game, envisioning a scenario where Hokit dictates the pace with relentless takedowns and punishing ground-and-pound.

"I think Hokit gets him down," Masvidal said while breaking down the matchup. "He could break him, standing over him, punching him."

Jorge Masvidal Bets $200K on Josh Hokit Through CocoBet Ahead of UFC 334

History suggests that Masvidal’s tactical assessment carries substantial weight. Gane’s only two career defeats inside the Octagon came against elite grapplers in Francis Ngannou and Jon Jones, both of whom successfully neutralized the Frenchman’s fluid kickboxing by forcing the fight into grappling exchanges and exploiting defensive wrestling deficiencies.

Gane steps into the cage for his first undisputed heavyweight title defense holding a 14-2 professional resume. The former interim champion initially secured his standing by defeating Alex Pereira and was later promoted to undisputed status following Tom Aspinall’s decision to vacate the heavyweight belt.

Hokit Seeks UFC 334 Upset

The narrative surrounding Hokit’s championship opportunity is nothing short of historic. The American contender has rocketed to his first UFC title fight a mere 16 months after successfully earning a contract through Dana White’s Contender Series, marking one of the swiftest paths to a heavyweight championship in the history of the promotion.

Despite the unprecedented momentum, Hokit faces a monumental task. Gane brings a wealth of championship experience, vastly superior Octagon mileage, and a distinct advantage in terms of high-level championship rounds contested against the upper echelon of the sport. Masvidal is effectively betting his money that Hokit’s wrestling-heavy approach and youth can completely override those experiential deficits on fight night.

If the underdog delivers, CocoBet’s exclusive +400 price tag will turn Masvidal’s bold $200,000 investment into a life-changing seven-figure payout. Conversely, a victory for Gane will result in the total forfeiture of Masvidal’s steep stake.

UFC 334 is scheduled for Saturday, Nov. 14, at the historic Madison Square Garden in New York City. The main card is slated to kick off at 9 p.m. ET, broadcasting live for fans via Paramount+.

UFC 334 Main Event Information

The matchup is set to headline a major pay-per-view card in Manhattan, putting the heavyweight division’s top prize on the line.

Ciryl Gane and Josh Hokit will meet in the main event of UFC 334 on Saturday, Nov. 14, at Madison Square Garden in New York City. The main card begins at 9 p.m. ET and 6 p.m. PT, with live streaming available through Paramount+.

CocoBet has established the betting line for the challenger at +400. Jorge Masvidal’s notable financial investment sits at $200,000, which carries a potential profit of $800,000 and a potential total return of $1 million if Hokit manages to pull off the championship upset.

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