Boxing is one of the most exciting sports in the world, and it also offers a great opportunity for bettors who want to make some money while watching their favorite fighters. Boxing betting can be quite complex at first glance, but with this beginner’s guide, you will learn everything you need to know about wagering on boxing matches.
Introduction to Boxing Betting
The basics of boxing betting are simple – you just have to predict which fighter will win the match.
However, there are many different ways to place your bets, including straight up wins, decision wins, knockout wins, and more.
You can also bet on rounds, such as how many rounds the fight will last or which round the winner will be decided. Understanding these options is crucial if you want to maximize your chances of winning.
How Boxing Odds Work
Odds in boxing work differently than odds in other sports like football or basketball.
In boxing, the oddsmakers set the odds based on the perceived skill level of each fighter, rather than their actual records.
For example, if two fighters have similar records but one has been dominating his opponents recently, he may have better odds than the other fighter.
The odds also take into account factors like weight class, age, and experience.
When you see odds listed for a boxing match, they typically look something like -250 (favorite) and +200 (underdog). This means that you would need to bet $250 to win $100 on the favorite, or $100 to win $200 on the underdog.
Round Betting in Boxing
Another popular way to bet on boxing is by guessing which round the fight will end in.
Round betting allows you to bet on specific rounds, such as the first, second, third, fourth, fifth, sixth, seventh, eighth, ninth, tenth, eleventh, twelfth, or draw.
Each round has its own unique set of odds, depending on the likelihood of the fight ending in that particular round.
If you think the fight will go the distance, you could bet on the “total rounds” market, where you guess how many total rounds the fight will last.
Strategies for Successful Boxing Bets
Successful boxing betting requires careful research and analysis of both fighters.
Look at their recent performances, their strengths and weaknesses, and any injuries or health issues they might be dealing with. Pay attention to the style of each fighter – for example, some fighters prefer to stand and trade punches while others rely on movement and counterpunching.
It’s also important to consider the judges and referees involved in the match, as they can have a big impact on the outcome.
Finally, don’t forget to manage your bankroll carefully and never bet more than you can afford to lose.
With these strategies in mind, you should be able to start making smart and profitable boxing bets.