How to Bet on Boxing
Boxing and gambling have gone awry for several years, maybe a little too tightly at times. In the early 1970s, gambling on boxing has been more popular than gambling on the NFL, but allegations of fixing battles and horrendous judge decisions turned many people away from the betting aspect of their game. For the most part boxing has done a fantastic job of attempting to regain public confidence.
Win, Lose, or Draw
Boxing uses the money line and is fairly straightforward in relation to wagering, as the odds will be given alongside each fighter’s name.
For an example, the odds on a exemplary boxing match would be something like the following:
John Smith -200
Pete Brown +150
Draw +2000
If you wager on Smith, you’ll have to risk $200 to win $100, but should you wager on Brown that you are asked to risk $100 to win $150. If you believe the fight will end in a draw, then you have to risk $100 to win $2,000.
It is important to be aware that you don’t have to bet $100 to win $150, you can risk $20 to win $30, but money line odds are given in relation to $100 wagers.
On boxing bets, the battle must be won by your fighter or you lose your bet. Bets on the two fighters are declared losers, if the fight is declared a draw. Should you bet on the draw, then congratulations, you won a chunk of change.
It’s important to be aware that if the fight you’re betting on does not have the option of betting on a draw and the battle ends in a draw, all wagers are refunded, as it’s treated as a tie wager in different sports.
Boxing Proposition Bets
Because a variety of conflicts can be quite one-sided, the bookmakers will normally develop several proposition wagers on major fights such as under or over on the number of rounds the fight will go or if the bout will become a knockout or stoppage by the referee.
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