Boxing and gambling have gone hand-in-hand for several decades, perhaps 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 horrendous judge decisions turned many individuals away from the gambling aspect of their sport. For the most part boxing has done a fantastic job of trying to regain confidence in the integrity of the game.
Win, Lose, or Draw
Boxing uses 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 odds on a boxing match 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 if you bet on Brown you are asked to risk $100 to win $150. Then you need to risk $100 to win $ 2,000, if you believe the fight will end in a draw.
It’s important to note that you don’t have to bet $100 to win $150, you can gamble $20 to win $30, but money line odds are given in terms of $100 wagers.
On boxing bets, the battle must be won by your fighter or you lose your bet. Bets on the two fighters are declared winners, if the fight is declared a draw. You won a chunk of change Should you bet on the draw, then congratulations.
It’s important to be aware that if the battle you are betting on does not have the choice of betting on a draw and the battle ends in a draw, all wagers are refunded, since it is treated as a tie bet in different sportsbetting.
Boxing Proposition Bets
Because a variety of fights can be pretty one-sided, the bookmakers will normally come up with several proposal wagers on important fights such as under or over on the amount of rounds the fight will go or if the bout will become a knockout or stoppage by the referee.
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