Boxing and gambling have gone hand-in-hand for several decades, maybe a bit too closely at times. In the early 1970s, gambling on boxing has been more popular than gambling on the NFL, but allegations of fixing battles and horrendous judge decisions turned many people away from the betting aspect of the sport. For the most part, however, boxing has done a good job of trying to regain confidence.
Win, Lose, or Draw
Boxing utilizes the cash line and is pretty straightforward in regards to wagering, as the odds will be given next to each fighter’s name.
For an example, the chances on a boxing game that is exemplary would be something
John Smith -200
Pete Brown +150
If you bet on Smith, then you will need to risk $200 to win $100, but should you bet on Brown that you are requested 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 have to wager $100 to win $150, you can risk $20 to win $30, but money line chances are given in terms of $100 wagers.
On boxing bets, your fighter should win the battle or you lose your bet. If the fight is declared a draw, then bets on the two fighters are declared winners. Should you bet on the draw, then congratulations, you just won a nice chunk of change.
It’s important to note that if the fight you’re gambling on doesn’t have the option of betting on a draw and the fight ends in a draw, all wagers are refunded, since it is treated like a tie bet in different sports.
Boxing Proposition Bets
Since a variety of fights can be quite one-sided, the bookmakers will generally come up with several proposal wagers on major fights like under or over 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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