Paul takes on the former UFC welterweight champion for the second time on Saturday in Florida.
The YouTuber-turned boxer was scheduled to clash with Tommy Fury only for the Briton to be sidelined with a rib injury less than two weeks out from fight night.
Woodley has stepped in on late notice to avenge the split decision defeat he suffered in August, with Paul sweetening the deal by offering his rival an extra half a million if he scores a knockout win.
Jake Bostwick, the bare-knuckle boxer who Paul has been sparring with in the lead-up to the fight, believes the bet will guarantee a lively start to the contest – one that Paul must be wary of.
‘Jake is offering Tyron a $500,000 bonus to knock him out, that’s a crazy clause,’ Bostwick told the Betway US blog.
‘He could be dangling that carrot in front of Tyron to get him to come out recklessly and that also adds pressure on Tyron.
‘If Tyron comes out swinging he could get caught and we know Jake has power, don’t sleep on Jake’s power. I think Woodley will come out with a fire under his a** and try to bang but he’s got to be smart. It will be a different kind of fight this time with Woodley taking this fight on short notice.
‘Jake will be more aggressive this time, his boxing is going to be better this time, and he will have his range on point.
‘But if Tyron turns up and puts the pressure on it could be a better night for Tyron. Jake learned from the last fight not to stand in front of him. Jake will counter and put his punches together, and will be firing on all cylinders. You’ll see a way better Jake this time. Jake wins by stoppage.’
MORE : Ricky Hatton: I hope Tommy Fury hasn’t lost his chance but Jake Paul could walk away from this fight for good
MORE : Tyson Fury launches X-rated rant against Jake Paul and brother Logan after Tommy Fury fight is called off
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