How Boxing Betting Works
Boxing bets come in many different forms, but the most popular boxing betting markets are Moneyline odds, method of victory, total rounds, and round betting. You first need to sign up on legitimate betting sites, after which you can make a deposit. From there, betting on boxing simply involves clicking on specific markets or boxing odds and entering the bet size.
In order to make profits with boxing betting, you have to understand the available betting markets for boxing, as well as the best boxing betting strategy. It also helps to learn about famous boxers like Floyd Mayweather, Tyson Fury, Anthony Joshua, and Mike Tyson. Depending on the online sites you use to bet on boxing, you may be able to claim bonuses for the sport.
Boxing Odds Explained
Most gambling sites display boxing betting lines in multiple formats, including American, decimal, and fractional. Decimal boxing betting odds are straightforward since higher prices indicate that the returns will be higher. Higher decimal boxing odds also suggest that the event is less likely to happen.
Fractional odds are also easy to interpret in boxing Moneyline betting. These odds simply indicate the ratio of the profit won to the stake.
When interpreting American odds, you first need to check the symbol in front of the figure. The plus sign is used for the underdog, while the minus sign is used for the favorite.
The best boxing betting sites will give you a chance to choose between these three odds formats.
Popular Boxing Bets
The most popular bets in the biggest boxing matches include Moneyline bets, round bets, over/under rounds, and prop bets. Before placing your first bet on light heavyweight matches, you should understand these wagers. We will also use examples to illustrate how these markets work.
🔹 Outright (Winner) Bets
Outright bets, also known as bout betting, are the first bet you will see when you open a fight night betting site. With this wager, you will have to predict the boxing fighter that will win the boxing bout. As an example, in a fight between Floyd Mayweather and Conor McGregor, you could have made an outright bet that Floyd would win the boxing match. Although professional boxing matches can end in a split draw, this option is often unavailable at boxing betting sites since it is extremely rare. The vast majority of title fights or world title bouts have a clear winner.
🔹 Round Betting – Points, Stoppage, KO
Round betting allows players to predict the specific round major fights will end. You can also indicate how many rounds a bout will have. With this form of round betting, you may choose to specify the winning group, although most live betting sites will not require you to combine these two predictions.
Another form of round betting involves predicting the points each player will have at the end of a major fight. Since most fights end in a 10-9 judges score, this market can be a safe bet.
🔹 Over/Under Rounds
This is another popular bet in professional boxing betting. With this option, you don’t need to specify the exact round that the game will take, but you have to state whether it will be under or over a specified threshold.
For example, in a match between Floyd Mayweather and Moore, a bookie can offer odds for over or under 7.5 rounds. Since 7.5 rounds will be completed exactly at the 1.30 mark of the eighth round, placing an ‘Over’ boxing bet will essentially predict that the total rounds will go over the 1.30 mark.
🔹 Method of Victory
Las Vegas bookies also allow bettors to predict the method of victory. This is a riskier bet at online sportsbooks and should not be your first wager on boxing. However, it is known to be highly lucrative. Usually, the online sportsbooks will require you to select the winner of a certain round as you bet on the method of victory market.
In the above example, you can indicate that Tyson Fury will win the match through any of these methods of victory:
🔹 Technical Knockout
🔹 Judges Decision
🔹 Technical Decision
Long-Term and Special Boxing Bets
Long-term boxing bets cover events that are far into the future. These betting options typically have excellent odds since the bookies need to encourage more betting activity.
You can also place special boxing bets on various betting sites, and these wagers are included in the prop bets category. One of the most common options is the ‘Go the Distance’ wager. With these bets, you will be wagering on whether the fight will end before the scheduled rounds are completed.
Another special boxing bet is the group round bet, where you choose a group of rounds that you think the two fighters will complete the big fight. For example, it may end between the first and fourth rounds.
You can also place a winning bet on the chance that certain events will occur in the fight. For example, you can predict that a point deduction will occur.
In-fight Betting for Boxing
In-fight betting on boxing allows bettors to place wagers after the opening bell has rung. These wagers aren’t available in betting shops, so you will have to sign up on online sports betting sites. The bets are available in different weight classes, including light welterweight.
With in-fight betting, you will be able to make a range of predictions, including the winner, method of victory, and round bets. The only wagers that are excluded are those that are no longer possible. For example, once the fifth round passes, you won’t be able to bet on ‘under 4.5 rounds’.
The advantage of the in-fight betting strategy is that it gives you a chance to evaluate the fighters and gain better instincts about the fighters. Depending on the site you use, you can also qualify for a free bet when punting on these markets.
How To Bet on Boxing – Step-By-Step Guide
In this section of the online betting guide for boxing, we will look at the steps you should follow to bet on boxing:
🔹 First, you need to find the right betting site and create an account. You can then make a deposit using a suitable method.
🔹 Most sports betting sites have a welcome bonus or free bet, which you can claim after making the first deposit.
🔹 You can then enable other responsible gambling features and split your bankroll with any budgeting system you prefer.
🔹 After that, you can scour through the moneyline odds and click on the prices that appeal to you the most.
🔹 Finally, you should enter your bet size and confirm the wager on the bet slip
Most Popular Boxing Weights to Bet On
Boxing is a complicated culture with 17 different weight classes. The most celebrated weight classes in the sport are the upper five divisions of the original eight weight classes. These include heavyweight, light heavyweight, middleweight, welterweight, and lightweight. These classes attract the best fighters, and as a bettor, you will find such boxers easier to analyze. This is because there is a lot more information about these players available.
Boxing Betting Tips And Strategies
If you want to maximize your chances of making money from betting, it is essential to follow some boxing betting strategies and tips. In this part of the boxing betting guide, we will cover some tips you should follow before making your first bet.
- Finding the Best Odds
- Take Advantage of Matched Betting
- Follow Boxing Expert Predictions
- Take the Small Wins and Profits
- Remember the Crowd
Comparing odds not only enhances your potential for greater returns but also ensures that you’re making the most of your betting experience.
So, before placing any wagers, always take the time to explore and compare the odds to make the most out of your betting opportunities.
Regardless of the outcome of the fight, you will be left with a profit since you were using a free bet promotion.
Arbitrage betting is similar to matched betting, but it doesn’t involve the use of a free bet.
Although tipsters cannot always give accurate predictions of the fight outcomes, they are in a better position to evaluate the matches.
You should note that betting on the favorite will not automatically earn you profits, so it is essential to still carry out thorough research on the boxers.
The participants tend to overestimate and underestimate the outcomes of the fights in equal measure, so getting the average of their prediction can help you make an accurate prediction.
With sports betting, you do not need to carry out surveys since the line movement usually indicates how people have made betting decisions.
Another thing a large crowd supporting a boxer can give him/her that extra lift and motivation when they have to dig deep.
Most Common Boxing Betting Mistakes
In order to minimize the losses you make in boxing betting, you will have to avoid some common mistakes. In this section of our boxing betting for beginners guide, we will evaluate some common mistakes made when betting on sports.
🥊 Not Familiar With the Sport
It can be hard to make money from boxing betting if you do not know how the sport works. You should take the time to learn about the formats of the sport. You should also understand the boxing styles of different fighters. The most common styles are boxer-puncher, slugger, swarmer, and out-boxer.
🥊 Overlooking Fighter Behavior and Performance
When betting on boxing fights, you also need to evaluate the fighter’s form and their off-ring distractions. If a fighter is more likely to get distracted during preparation for the match, they will be likely to lose since they may lose balance. The form of the fighter will also determine their chance of winning.
🥊 Mismanaging Your Bankroll
You should also be careful with your bankroll since poor management can lead to financial ruin. Even before you place your first bet, you should split your bankroll so that it goes a long way. You can adopt systems like the Martingale system to make sure you don’t lose all your money on a single wager.
🥊 Betting On Your Favorite Boxer
Your favorite boxer may not necessarily be good enough to win the fight they are participating in. It is important to be careful when betting on your favorite boxer since you will be susceptible to bias and may not evaluate the details properly.
Pros and Cons of Boxing Betting
Boxing betting adds excitement and engagement to the sport. It can make watching matches more thrilling and engaging, even if you’re not a die-hard boxing fan.
Boxing offers a wide variety of betting options, including Moneyline bets, round bets, over/under rounds, and more. This variety allows bettors to choose the bets that suit their preferences and strategies.
With a good understanding of boxing and a sound betting strategy, it’s possible to make a profit from boxing betting. Savvy bettors can capitalize on odds discrepancies and make informed wagers.
While the variety of betting options is a pro, it can also be a con for newcomers. Understanding the different bets and odds formats can be challenging for beginners.
Like all sports, boxing has an element of unpredictability. Even the most informed bets can be affected by unexpected outcomes, making it impossible to guarantee success.
Poor bankroll management can lead to financial losses. Some bettors may chase losses, overextend their budgets, or use risky betting systems, which can be detrimental.