Boxing has been associated with betting since the 18th century. The British made it possible to place wagers on any fighter and gave prizes to the winners. From its height in the 1960s and 1970s, when fighters like Muhammad Ali were popular, to the current downfall and corruption due to Don King and Mike Tyson, professional boxing has seen tremendous growth.
Pro boxing continues to thrive in Las Vegas, which Gervonta Davis is the gambling capital of world. Boxing odds can be found in nearly every sportsbook. This article will discuss the various betting options available for boxing. It will also give tips and tricks on understanding boxing odds.
Basics of Betting Boxing Boxing is a sport that sports bettors enjoy for its brutality and promotional build-up. Only the Super Bowl can rival boxing in terms of betting interest, media attention and media attention.
You can also place a bet on boxing matches. The odds of winning are based on money lines. You can read Understanding Money Lines to learn more about money lines.
Here’s an example.
Favorite: 170 (bettet $170 to win $100).
Underdog: +150 (bet $100 for a chance to win $150
Draw: +800 (bet $100 for $800)
Some sportsbooks also offer boxing proposition betting, which includes how many rounds the fight will last (i.e. Boxing proposition bets can also be offered by some sportsbooks, which include how many rounds you think the fight will go (i.e. Over/Under 8.5). This increases the potential for action and further increases the possibility of it happening. Another popular prop bet for betting boxing is:
Picking the round that ends the fight is the end
Parlay-type wager that combines two bets on who will win the fight, and which method the fight will be decided by.
Tips for Success in Betting Boxing is the most controversial professional sports because of its connection to gambling and its sole focus on money. We recommend that you learn as much about the fighters as possible, particularly heavy favorites as they will require a greater investment. Champion boxers, like other sports, can be distracted by their opponents and may not be as motivated to fight for a title.
It is not uncommon for a rising contender to knock off a veteran like Bernard Hopkins. Taylor defeated Hopkins in a split decision on June 16, 2005, to win the undisputed title of world middleweight champion. Taylor-Hopkins is one example of such a clause in boxing contracts.
Hopkins stated that he was not going to deny that decisions are good for boxing after his defeat to Taylor. But rivalries are.”
Hopkins is correct: Rivalries can make the sport more profitable and easier to market. Rivalries are what make team sports so exciting. Some of the most memorable fights were based on rivalries.
We can also draw a conclusion from the Hopkins-Taylor fight. The popular fighter, in this instance the favorite and defending champ, is usually overrated and overpriced because he is more well-known to the public. Taylor and other challengers are great value and worth betting on because of their popularity.
Boxing matches are more expensive than other sports. This creates a large dog/fave money differential between the underdog and favorite. Boxing odds at different betting sites vary so it’s worth shopping around for online sportsbooks to get the best value.
Online Sportsbook A might have Hopkins at -200, Taylor at +180, while Online Sportsbook B had Hopkins at 220 and Taylor @ +160. A $1000 wager on Taylor would have netted you $1800 at Online Sportbook A, while $1600 would have netted you at Online Sportsbook B. You would need to deposit more money if your bet was on Hopkins. You can see that “Online Sportsbook B”, which has a greater dog/fave line differential, is not the best place to place a bet on favorite or underdog bettors.
The best online sportsbook to bet on boxing is one that offers the most betting options, including propositions. You will have better odds of winning a fight if you bet at an elite online sportsbook.