How to Bet on Boxing
Boxing and betting have gone awry for many years, maybe a little too tightly at times. In the early 1970s, betting on boxing was more popular than gambling on the NFL, but allegations of fixing battles and dreadful judge conclusions turned many people away from the betting aspect of their sport. For the most part, however, boxing has done a good job of trying to regain public confidence in the ethics of the game.
Win, Lose, or Draw
Boxing utilizes the money line and is fairly straightforward in regards to wagering, as the chances will be given alongside each fighter’s name.
For an example, the odds on a boxing game that is exemplary would be something like the following:
John Smith -200
Pete Brown +150
If you bet on Smith, you’ll need 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 struggle 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 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 should win the fight or you lose your bet. Bets on the two fighters are declared winners if the fight is declared a draw. Should you bet on the attraction, then congratulations, you just won a nice chunk of change.
It is important to be aware that if the battle you are betting on does not have the choice of betting on a draw and the battle ends in a draw, all wagers are refunded, since it is treated as a tie wager in different sports.
Boxing Proposition Bets
Since a variety of fights can be pretty one-sided, the bookmakers will normally come up with several proposal wagers on important fights like over or under on the amount of rounds the fight will go or when the bout will end in a knockout or stoppage by the referee.