Boxing is one of the most popular sports worldwide. Big names like Manny “Pacman” Pacquiao and Floyd Mayweather Jr. are already household names, and you can’t find any person who is a boxing fan that doesn’t know these legendary fighters. However, naming legendary fighters isn’t today’s topic.
It’s about betting, which is probably why you’re here reading this article in the first place. If you’re new to boxing betting and you need to be properly introduced to this form of sports betting, then look no further, as in this article, we will be talking about how to bet on boxing and the different types of bets you can make, etc.
Pick a Betting Site
There are literally hundreds of betting sites where you can place your wagers, with many allowing you to check for boxing and MMA odds online. Some of them are reputable and have decent payouts based on the lines in the market.
That said, if you want to get into boxing betting, the first order of business should be looking for the right betting site. However, don’t just pick one on the internet. Find one that is reputable and has a lot of good reviews from players. Be warned, though, as there are also a lot of fake betting sites online.
Once you’ve picked a betting site, the second thing that you should do is sign up. Signing is easy and will only take you a few minutes to finish. Usually, the first thing you should do when signing up is to provide all the necessary information about yourself. Once you finish putting in your information, an email confirmation will be sent to you, and you will get an account made.
Make a Deposit
After you get your account, it’s time to deposit. If you’re new to online banking, several options exist for depositing your online bank account, like PayPal, Visa, MasterCard, Neteller, etc. If you’re more interested in betting with cryptocurrency, you can put several types of cryptocurrency in your accounts, like Bitcoin, Litecoin, Dash, and Ethereum.
Place a Bet
After you make your deposit, you’re ready to go; you can pick a fight, pick a boxer, your type of bet, the amount of money you want to put in your bet, and then submit a ticket. It’s pretty straightforward from this point on. The only problem you have now is how to win your bet, another topic for another day. Speaking of bets, you can make several types of bets in boxing betting. Here are some of them.
This one is simple. Also called bout betting, winner bets are wagers regarding which boxer will win the fight. It’s as simple as that. However, you must also know that some fights end in a draw. It’s pretty rare, though, especially in championship or belt fights, as those fights mostly have a clear winner. This is also why some betting sites don’t have a draw option.
Round betting is also a pretty straightforward type of bet. In this wager, you’ll have to predict which round the fight will end on or how many rounds the fight will take. Usually, you can combine these two types of bets on betting sites, but other sites don’t. Another form of round betting involves predicting each player’s points at the end of the fight. Most fights end with a 9-10 judges score, so it’s a safe bet.
If you’re familiar with sports betting, you probably heard of this type of bet. Over/Under round usually involves the accumulated points both teams will have at the end of the game in team sports. However, in contact sports like MMA and boxing, Over/Under involves how many rounds the fight will last. It’s usually under the category of round betting but Over/Under round betting is popular enough to be talked about separately.
So how does it work in contact sports like boxing? For example, let’s fight Moore and Mayweather. Let’s say the bookie published 7.5 rounds. Since the 7.5 rounds will end at the 1:30 minute mark in the 7th round, if you bet on the over and the fight hasn’t ended by then, you win. You would lose the bet if you placed your money on the under.
Method of Victory
This one is simple. You’ll just have to guess how the fight will end. The fight usually ends in either a knockout, technical knockout, judges’ decision, disqualification, or technical decision. If you guessed correctly, you would win. It doesn’t matter who won the fight or how long it lasted.
If you’re a fan of boxing, betting on huge fights will hype up the sport more. Not only are you enjoying your favorite fighters’ fights, but you’re also winning money. However, if you’re new to boxing betting, this article would help you get introduced to it. With all that said, have fun and good luck.