How to Bet on Boxing
Boxing and betting have gone awry for many decades, maybe a little too tightly at times. In the early 1970s, betting on boxing has been more popular than betting on the NFL, but allegations of fixing fights and horrendous judge conclusions turned many individuals away from the betting aspect of their sport. For the most part boxing has done a good job of attempting to recover public confidence.
Win, Lose, or Draw
Boxing utilizes the cash line and is fairly straightforward in relation to wagering, as the chances will be given alongside each boxer’s name.
The chances on a boxing game that is hypothetical would be something similar to the following:
John Smith -200
Pete Brown +150
Draw +2000
If you bet on Smith, then you’ll need to risk $200 to win $100, but should you wager on Brown that you are asked to risk $100 to win $150. Then you need to risk $100 to win $ 2,000, if you believe the fight will end in a draw.
It is important to be aware that you don’t need to bet $100 to win $150, you can gamble $20 to win $30, but money line odds are given in relation to $100 wagers.
On boxing bets, your fighter must win the battle or you lose your wager. If the fight is declared a draw, then bets on the two fighters are declared losers. If you bet on the draw, then congratulations, you just won a nice chunk of change.
It is important to be aware that if the battle you are betting on doesn’t have the option of betting on a draw and the fight ends in a draw, all wagers are refunded, since it is treated like a tie bet in other sports.
Boxing Proposition Bets
Because a number of fights can be quite one-sided, the bookmakers will normally come up with several proposal wagers on major fights such as over or under 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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