How to Bet on Boxing
Boxing and gambling have gone hand-in-hand for several decades, maybe 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 battles and dreadful judge conclusions turned many individuals away from the gambling aspect of their sport. For the most part, however, boxing has done a fantastic job of attempting to recover public confidence in the integrity of the sport.
Win, Lose, or Draw
Boxing utilizes the money line and is pretty straightforward in regards to wagering, as the odds will be awarded next to each fighter’s name.
The odds on a boxing match that is exemplary would be something like the following:
John Smith -200
Pete Brown +150
Draw +2000
If you bet on Smith, you’ll have to risk $200 to win $100, but if you wager on Brown you are asked to risk $100 to win $150. If you think the fight will end in a draw, then you need to risk $100 to win $2,000.
It is important to be aware that you don’t have to wager $100 to win $150, you can risk $20 to win $30, but money line chances are given in relation to $100 wagers.
On boxing bets, the battle must be won by your fighter or you lose your wager. Bets on the two fighters are declared winners, if the fight is declared a draw. If you bet on the draw, then congratulations, you won a wonderful chunk of change.
It’s important to note that if the fight you are gambling on does not have the choice of betting on a draw and the fight ends in a draw, all wagers are refunded, since it is treated like a tie wager in different sports.
Boxing Proposition Bets
Because a variety of conflicts can be pretty one-sided, the bookmakers will generally come up with several proposition wagers on important fights like over or under on the number of rounds that the fight will go or when the bout will end in a knockout or stoppage by the referee.
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