Boxing is a combat sport that demonstrates raw human strength and it is widespread in the USA. From the ancient times, when there were neither rules nor referees, up to now, people are enjoying betting on boxing matches either by going to the fights, or by watching it over the internet or on television.
[fcrp_feat_sc sc_id=”1389″]What You Need To Know About Boxing Bets And Wagers
Since betting on any kind of sporting event involves money, it is very important to know and understand the rules, or to put it in another words – you need to know exactly what you are betting on and how to place bets. On the internet, it is very easy to find anything from sportsbooks to various step-by-step guides in which the process of betting is explained. This will help you gather all the information you need before placing a bet. When betting on boxing, there are two options to choose from – a money line bet or a proposition bet.
Boxing Money Line Betting
The money line bet is all about which boxer will win, and which one will lose the match. This kind of bet offers you three betting possibilities: you can bet on the favorite, you can bet on the underdog or you can bet on the match to end with a draw which is not very likely to happen. When you look at a sportsbook, you will see the odds set by the bookmaker you have chosen.
Odds for favorites are always preceded by a minus (-), so, for example, the odds for the favorite to win could be -250, which means that you will have to risk $250 to win $100, or, more precisely, you will win a total amount of $350 including your initial bet of $250.
On the other hand, if you are going to bet on the underdog, the odds will be preceded by a plus (+). For example, if the odds for the underdog to win are +200, this means that you will win a total amount of $300 if you risk $100.
And lastly, if you want to bet on the match to end in a draw, you will have a chance to earn serious money. For example, the odds for the draw could be more than 10 times higher than the odds for favorites, so if the odds are +2500 you will win a total sum of $2600 if you risk the amount of $100.
Boxing Proposition Betting
Proposition bets, unlike the money line bets, are focused on a specific detail of a fight. One of the most popular proposition bets is the over/under bet, which focuses on how many rounds will be taking place. For example, if you bet over the six full rounds and the odds are -200, you will win the bet if the both fighters make it through the six rounds and the seventh round starts. You will win $300 if you risk $100.