How to Bet on Boxing
Boxing and betting have gone awry for several years, perhaps a bit too tightly at times. From the early 1970s, betting on boxing was more popular than betting on the NFL, but allegations of fixing fights and dreadful judge decisions turned many people away from the gambling aspect of the sport. For the most part boxing has done a fantastic job of trying to regain confidence.
Win, Lose, or Draw
Boxing uses the money line and is pretty straightforward in relation to wagering, as the odds will be awarded alongside each fighter’s name.
For an example, the odds on a boxing game that is hypothetical would be something like the following:
John Smith -200
Pete Brown +150
Draw +2000
If you wager on Smith, then you’ll have to risk $200 to win $100, but if you bet 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 struggle will end in a draw.
It’s important to note that you don’t have to bet $100 to win $150, you can risk $20 to win $30, but money line chances are given in terms of $100 wagers.
On boxing bets, the battle must be won by your fighter or you lose your bet. Bets on both fighters are declared losers, if the fight is declared a draw. You just won a chunk of change Should you bet on the attraction, then congratulations.
It is important to be aware that if the battle you’re betting on doesn’t have the option of betting on a draw and the battle ends in a draw, all wagers are reimbursed, since it is treated as a tie wager in other sportsbetting.
Boxing Proposition Bets
Because a number of fights can be pretty one-sided, the bookmakers will generally develop several proposition wagers on major fights such as over or under on the number of rounds that the battle will go or when the bout will end in a knockout or stoppage by the referee.
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