How to Gamble on Boxing
Placing wagers on fights can vary from quite straightforward bets on who’ll win outright to more complicated propositional stakes between rounds, methods of victory and also fight-specific outcomes. Boxing wagers are put on a moneyline. A moneyline is a number set by bookmakers which determines winnings based on a $100 wager. The negative amount indicates which fighter is favoured to win the fight and is the dollar amount one has to bet to win $100. The positive amount indicates who the bookmaker believes the underdog and is that the dollar number one wins when placing a $100 bet.
There are two distinct moneylines in boxing, and understanding the distinction between the two is important before placing a wager with high boxing betting sites. The most frequently encountered moneyline is a 2-way moneyline. In a 2-way moneyline, a wager is placed on each fighter winning the fight and if the bout ends in a draw, the bet is cancelled and the wager is returned as a push. Take the following as an example of a moneyline:
Floyd Mayweather – 400
Conor McGregor +300
Mayweather is the betting favourite, therefore a $400 dollar wager on Mayweather returns $100 if Mayweather wins. McGregor is the underdog, therefore a $100 bet on McGregor takes $300 if McGregor wins. If the bout ends in a draw, then the bout is declared a push and a wager on either fighter is returned. But a 3-way moneyline includes odds on the draw. Take the following as an example of a 3-way moneyline.
Mayweather – 400
A 3-way moneyline overlooks the exact same for either fighter onto a winning wager, but because the draw is recorded as a betting option, just wagers placed on the draw will reunite winnings. So if Mayweather and McGregor fought to a draw, then wagers placed on each fighter to win are missing and a $100 bet placed on a draw wins $1200.
Bout Betting (Outright Win Market)
The simplest bet in all of boxing is placing a wager on the bout market. This is called the win market. A bet placed in this market simply involves deciding that fighter will win the fight. No matter what method of success, if it’s the knockout or decision, naming the fighter that wins the bout from the win market wins the wager. A winning bet’s payout is based upon the moneyline set from the bookmaker at time of bet. Other sorts of wagers in boxing are proposition based. The most common types of prop bets in boxing are all about rounds, methods of success and if the fight goes the distance.
Round market stakes include naming the fighter that will win the fight as well what around the fight will end. This allows wagers placed on 2-way moneyline favourites the opportunity to return huge dividends so long as the individual placing the bet is able to pinpoint if the fight will end just. By way of instance, a straight bet on Mayweather at – 400 is paltry in comparison to some round-specific wager on Mayweather winning especially in around 10 at + 2200.
O/U Total Rounds Market
Betting on the over/under total rounds market is placing a bet on whether the fight goes beyond a certain number of rounds. The over/under market is defined by bookmakers and offers moneylines for either side of the equation. Employing Mayweather/McGregor as an example again:
OVER 4.5 -270
UNDER 4.5 +185
Betting on the O/U marketplace does not rely on naming the winner of this fight, only how long the battle will survive.
Rounds Group Market
The rounds group market offers similar plays into the O/U marketplace, but wagers are placed on groups of rounds. Frequent rounds classes include rounds 1-4, rounds 4-8 and rounds 9-12. Other common round groups comprise even vs. odd round numbers.
Method of Victory Market
The method of success market is played by selecting the fighter who will win the fight as well as the technique of success. This marketplace is similar to the round market except instead of pinpointing the particular round one wagers about the particular method. Methods can be grouped together (e.g. Mayweather by KO, TKO, or DQ -135) or more specific (Mayweather by KO +1600, Mayweather by TKO +240, Mayweather by DQ +800) based on the bookmaker’s taste.
Fight the Distance Market
In boxing’s struggle to go the distance market, wagers are placed on if the fight will last the full number of scheduled rounds. By way of instance, if Mayweather-McGregor was scheduled for 12 rounds and ended anytime prior to the decision of the twelfth round for any reason, the struggle did not go the distance.
Read more: https://totalsporty.com/horse-racing-odds/