All you need to know about how to Bet on Boxing
If there is a way to make an adrenaline filled sport like boxing even more exciting than it already is, it’s called betting! Betting on boxing matches will make the adrenaline rush even more intense as two fighters step into the ring. The knowledge that the outcome has tangible stakes will up the ante for sure!
With the right guidance, you can even make a considerable amount of money betting on boxing matches in no time. There are a few things that you have to keep in mind before starting off and then you’re good to go! If you’re wondering where you can find boxing betting explained we’ve got you covered!
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Comprehending Boxing Odds
Knowing how to bet on boxing odds is one of the first and foremost things that you should know. Boxing odds are basically used to highlight the probability of an outcome happening or not happening in the opinion of a bookie. The bigger a positive (+) number, the less likely it is to happen and the bigger a negative (-) number, the more likely it is to happen according to a sportsbook.
The positive and negative numbers both essentially tell you how much money you are going to make based on your initial investment. In both cases, you get your initial investment back as a part of your winnings.
Types of Boxing Betting
When it comes to betting on boxing, there are a number of different kinds and types of markets that you can partake in. Each market has its own features and after doing your research you can choose to part in whichever one you think you have the most understanding of.
Here are a few outlined for you below:
Fight Result Markets
A popular market, this one is easily understandable. All you have to do is bet on the fighter that you think is going to win, or if you think the match will end in a tie, you can choose to bet on a tie.
This is called a three-way market. A market in which you can only choose between one fighter winning and the other losing is referred to as a two-way market and given that this does not have a tie option, it presents you with better odds. However, if the match does result in a tie, it automatically means that you have lost the bet given that the tie wasn’t available as an option in the first place.
Victory Betting
If you want boxing betting explained, victory betting is definitely something you need to understand. Victory betting essentially allows you to bet on the outcome of the fight – including who will win and how you think they will win. You outline the combination of the win in this method – for example if you think fighter X will win, you can specify if the match will be a knockout (KO) or not.
In order to win this kind of bet, you will need to not only bet on the right fighter but also bet on the correct way in which they will win. This requires in-depth knowledge of the fighters and their fighting styles.
Round Betting Markets
With this type of betting, you are simply betting on the winner of a fight and the round in which they will win. Taking it a step further, you can also choose to bet in Round Group Betting. The group betting market is more flexible since it allows you to group rounds into three and wager on your fighter winning in any one of those rounds.
This way, your risk is spread through multiple rounds rather than focusing on one individual round. If you want to make it even more interesting, you can choose to opt for round betting markets with even wider rounds!
Final Judgment Markets
With the final judgment markets, you’re relying on the judge’s verdict if the fight ends up going the distance and is decided on a points decision. This is an interesting way to bet because not only are you counting on the fight going the distance, you are also subject to the will of the judges.
This includes different kinds of judgments. When all three judges agree on one outcome, it is known as a unanimous decision. When two out of three agree on a fighter, it is called a split decision. A majority decision is when two out of three agree on a fighter and the third judge calls it a draw.
Go the Distance Market
Slightly similar to the final judgments market, you will be betting on whether or not the match will go the distance. The winner, the loser and the rest of the external factors don’t matter in this market. You’re only betting on whether or not the match will be based on points!
Boxing Betting Tips:
Now that you are familiar with some of the kinds of markets in the boxing betting business, it is important to have a fleshed-out strategy in place so that you can minimize risks and maximize profits in no time. The best strategy is to simply know as much as you possibly can about the sport so that you are not blindsided.
Study the fighters; study their history and the different kinds of strategies they employ. In a professional boxing match, there will generally be up to twelve rounds each around three minutes. The scoring system is also set and easy to understand. What are you waiting for?
Here is boxing betting explained! Get started today.
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With the whole world moving online, you can place bets on boxing on the internet to! If you want to know how to bet on boxing online, look no further! It’s as simple as signing up on a boxing betting site online and looking at upcoming matches so that you can get started.
It is important to remember that the markets for betting on boxing will keep advancing. Keep doing your research and you’ll be making money in no time!
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How to Bet on Boxing FAQs
Boxing odds represent the probability of a particular outcome happening in a match, and they are used by bookmakers to help you understand potential payouts. Positive (+) numbers indicate less likely outcomes, while negative (-) numbers represent more likely outcomes. These odds also show how much money you can make based on your initial bet.
There are several types of boxing betting markets, including Fight Result Markets (where you bet on the winner or a tie), Victory Betting (betting on the winner and how they will win), Round Betting Markets (betting on the winner and the specific round they’ll win in), Final Judgment Markets (relying on judges’ decisions), and Go the Distance Market (betting on whether the match goes the distance based on points).
Victory Betting allows you to bet on both the winner of a fight and how they will win (e.g., by knockout or decision). To win this type of bet, you must correctly predict both the winning fighter and the method of victory, which requires a good understanding of the fighters’ styles and abilities.
Final Judgment Markets involve betting on the outcome of a fight if it goes the distance and is decided by judges’ scores. Different types of judgments include unanimous decision (all judges agree), split decision (two out of three judges agree), and majority decision (two out of three judges agree, and the third calls it a draw).
In the “Go the Distance” market, you bet on whether the match will go the full distance (all scheduled rounds) and be decided based on points. The winner, loser, and other factors do not matter in this market; you’re solely wagering on whether the fight will be decided by judges’ scores or not.