Boxing and gambling have gone awry for many decades, maybe a little too closely at times. From the early 1970s, betting on boxing was more popular than betting on the NFL, but allegations of fixing battles and dreadful judge decisions turned many individuals away from the betting aspect of the sport. For the most part, however, boxing has done a good job of trying to regain confidence in the ethics of their game.
Win, Lose, or Draw
Boxing uses the cash line and is fairly straightforward in relation to wagering, as the odds will be given next to each boxer’s name.
The odds on a boxing game that is hypothetical would be something
John Smith -200
Pete Brown +150
If you wager on Smith, then you will have to risk $200 to win $100, but if you bet on Brown you are asked to risk $100 to win $150. If you think the struggle will end in a draw, then you have to risk $100 to win $2,000.
It is important to note that you don’t have to bet $100 to win $150, you can gamble $20 to win $30, but money line chances are given in relation to $100 wagers.
On boxing bets, your fighter must win the fight or you lose your wager. If the fight is declared a draw, then bets on the two fighters are declared losers. If you bet on the draw, then congratulations, you just won a chunk of change.
It is important to note that if the battle you are gambling on does not have the option of betting on a draw and the fight ends in a draw, all wagers are refunded, as it is treated as a tie wager in different sportsbetting.
Boxing Proposition Bets
Since a number of conflicts can be pretty one-sided, the bookmakers will normally develop several proposal wagers on important fights such as under or over on the amount of rounds that the battle will go or when the bout will end in a knockout or stoppage by the referee.
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