How To Bet On Boxing - Betting Guide For Beginners Cover

How To Bet On Boxing - Betting Guide For Beginners

by Oddspedia Experts
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As a sports betting enthusiast, it is important to learn how to bet on boxing. You should understand the different markets in boxing, the common odds formats, and some useful betting tips. You should also learn how to choose suitable online betting platforms. In this online betting guide for boxing, we will look at different aspects of boxing betting.
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How Boxing Betting Works

Boxing bets come in many different forms, but the most popular boxing betting markets are Moneyline odds, method of victory, total rounds, and round betting. You first need to sign up on legitimate betting sites, after which you can make a deposit. From there, betting on boxing simply involves clicking on specific markets or boxing odds and entering the bet size.

In order to make profits with boxing betting, you have to understand the available betting markets for boxing, as well as the best boxing betting strategy. It also helps to learn about famous boxers like Floyd Mayweather, Tyson Fury, Anthony Joshua, and Mike Tyson. Depending on the online sites you use to bet on boxing, you may be able to claim bonuses for the sport.

Boxing Odds Explained

Most gambling sites display boxing betting lines in multiple formats, including American, decimal, and fractional. Decimal boxing betting odds are straightforward since higher prices indicate that the returns will be higher. Higher decimal boxing odds also suggest that the event is less likely to happen.
Fractional odds are also easy to interpret in boxing Moneyline betting. These odds simply indicate the ratio of the profit won to the stake.

When interpreting American odds, you first need to check the symbol in front of the figure. The plus sign is used for the underdog, while the minus sign is used for the favourite.

The best boxing betting sites will give you a chance to choose between these three odds formats.

The most popular bets in the biggest boxing matches include Moneyline bets, round bets, over/under rounds, and prop bets. Before placing your first bet on light heavyweight matches, you should understand these wagers. We will also use examples to illustrate how these markets work.

Outright (winner) Bets

Outright bets also known as bout betting is the first bet you will see when you open a fight night betting site. With this wager, you will have to predict the one fighter that will win the boxing bout. As an example, in a fight between Floyd Mayweather and Conor McGregor, you could have made an outright bet that Floyd would win the boxing match. Although professional boxing matches can end in a split draw, this option is often unavailable at boxing betting sites since it is extremely rare. The vast majority of title fights or world title bouts have a clear winner.

Round Betting - Points, Stoppage, KO

Round betting allows players to predict the specific round major fights will end. You can also indicate how many rounds a bout will have. With this form of round betting, you may choose to specify the winning group, although most live betting sites will not require you to combine these two predictions.
Another form of round betting involves predicting the points each player will have at the end of a major fight. Since most fights end in a 10-9 judges score, this market can be a safe bet.
Stoppage and KO are good bet options and are specific to boxing and MMA. When you place these bets, you will win if the match is concluded with a technical knockout or stoppage.

Over/Under Rounds

This is another popular bet in professional boxing betting. With this option, you don't need to specify the exact round that the game will take, but you have to state whether it will be under or over a specified threshold.
For example, in a match between Floyd Mayweather and Moore, a bookie can offer odds for over or under 7.5 rounds. Since 7.5 rounds will be completed exactly at the 1.30 mark of the eighth round, placing an 'Over' boxing bet will essentially be predicting that the total rounds will go over the 1.30 mark. You should go through boxing betting tips on Oddspedia to make a more informed wager.

Method of Victory

Las Vegas bookies also allow bettors to predict the method of victory. This is a riskier bet at online sportsbooks and should not be your first wager on boxing. However, it is known to be highly lucrative. Usually, the online sportsbooks will require you to select the winner of a certain round as you bet on the method of victory market. In the above example, you can indicate that Tyson Fury will win the match through any of these methods of victory:

  • Knockout
  • Technical Knockout
  • Disqualification
  • Judges Decision
  • Technical Decision

Long Term and Special Boxing Bets

Long-term boxing bets cover events that are far into the future. These betting options typically have excellent odds since the bookies need to encourage more betting activity.

You can also place special boxing bets on various betting sites, and these wagers are included in the prop bets category. One of the most common options is the 'Go the Distance' wager. With these bets, you will be wagering on whether the fight will end before the scheduled rounds are completed.

Another special boxing bet is the group round bets, where you would choose a group of rounds that you think the two fighters will complete the big fight. For example, it may end between the first and fourth rounds.

You can also place a winning bet on the chance that certain events will occur in the fight. For example, you can predict that a point deduction will occur.

In-fight Betting for Boxing

In-fight betting on boxing allows bettors to place wagers after the opening bell has rung. These wagers aren't available in betting shops, so you will have to sign up on online sports betting sites. The bets are available in different weight classes, including light welterweight.

With in-fight betting, you will be able to make a range of predictions, including the winner, method of victory, and round bets. The only wagers that are excluded are those that are no longer possible. For example, once the fifth round passes, you won't be able to bet on 'under 4.5 rounds'. The advantage of the in-fight betting strategy is that it gives you a chance to evaluate the fighters and gain better instincts about the fighters. Depending on the site you use, you can also qualify for a free bet when punting on these markets.

How To Bet on Boxing - Step-By-Step Guide

In this section of the online betting guide for boxing, we will look at the steps you should follow to bet on boxing::

  • Firstly, you need to find the right betting site and create an account
  • You can then make a deposit using a suitable method
  • Most sports betting sites have a welcome bonus or free bet, which you can claim after making the first deposit
  • You can then enable other responsible gambling features and split your bankroll with any budgeting system you prefer
  • After that, you can scour through the money line odds and click on the prices that appeal to you the most
  • Finally, you should enter your bet size and confirm the wager on the bet slip

How To Start Betting?

Everything You Need To Know In 5 Easy Steps!

How To Start Betting?
Pick A Highly Rated Bookie

Find the right bookmaker for you and sign up.

Fund Your Account

Make a deposit with the payment method you prefer. Consider responsible gambling features and bankroll management.

Claim Your Bonus

Many betting sites have a welcome bonus or free bet, which you can claim after making the first deposit. *never forget to read the small print!

Choose An Event To Bet On

Find an event you are interested in, select a betting market that appeals to you the most and "click" on the odds.

Start Betting

Go to the bet slip and input the details of your desired bet and confirm the wager.

Boxing is a complicated culture with 17 different weight classes. The most celebrated weight classes in the sport are the upper five divisions of the original eight weight classes. These include heavyweight, light heavyweight, middleweight, welterweight, and lightweight. These classes attract the best fighters, and as a bettor, you will find such boxers easier to analyse. This is because there is a lot more information about these players available.

Boxing Betting Tips And Strategies

If you want to maximise your chances of making money from betting, it is essential to follow some boxing betting strategies and tips. In this part of the boxing betting guide, we will cover some tips you should follow before making your first bet.

Look out For the Best Available Odds

The first thing you should check is the quality of the odds. A good way of finding a site with great odds is by using an odds comparison service. You can compare fight odds on Oddspedia. This site is available in multiple languages, including English, Spanish, German, and French, and it also displays odds in several formats.

Take Advantage of Matched Betting and Arbitrage Betting

Matched betting almost guarantees you a profit when gambling online. With this form of betting, you will have to back a certain outcome with a free bet and also bet against it. Regardless of the outcome of the fight, you will be left with a profit since you were using a free bet promotion. Arbitrage betting is similar to matched betting, but it doesn't involve the use of a free bet.

Follow Boxing Tipsters and Their Expert Predictions

Before you place your first bet on boxing, it is important to find out what experts think of the upcoming fights. Although tipsters cannot always give accurate predictions of the fight outcomes, they are in a better position to evaluate the matches.

Take the Small Wins and Profits

As a bettor, you will find it easier to get smaller wins and profits as opposed to life-changing amounts of money. With a good strategy, you should be able to make consistent profits over time, and these can add up. You should note that betting on the favourite will not automatically earn you profits, so it is essential to still carry out thorough research on the boxers.

Remember the Crowd

The wisdom of the crowd is a theory that states that large numbers and varieties of people can accurately predict the outcome of a boxing match. The participants tend to overestimate and underestimate the outcomes of the fights in equal measure, so getting the average of their prediction can help you make an accurate prediction. With sports betting, you do not need to carry out surveys since the line movement usually indicates how people have made betting decisions. Another thing a large crowd supporting a boxer can give him/her that extra lift and motivation when they have to dig deep.

Most Common Boxing Betting Mistakes

In order to minimise the losses you make in boxing betting, you will have to avoid some common mistakes. In this section of our boxing betting for beginners guide, we will evaluate some common mistakes made when betting on sports.

Not Familiar with The Sport

It can be hard to make money from boxing betting if you do not know how the sport works. You should take the time to learn about the formats of the sport. You should also understand the boxing styles of different fighters. The most common styles are boxer-puncher, slugger, swarmer, and out-boxer./box]
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Ignoring Fighter Form and Their Antics and Distractions Outside of the Ring

When betting on boxing fights, you also need to evaluate the fighter’s form and their off-ring distractions. If a fighter is more likely to get distracted during preparation for the match, they will be likely to lose since they may lose balance. The form of the fighter will also determine their chance of winning.

Ignoring Fighter Form and Their Antics and Distractions Outside of the Ring

When betting on boxing fights, you also need to evaluate the fighter’s form and their off-ring distractions. If a fighter is more likely to get distracted during preparation for the match, they will be likely to lose since they may lose balance. The form of the fighter will also determine their chance of winning.

Mismanaging Your Bankroll

You should also be careful with your bankroll since poor management can lead to financial ruin. Even before you place your first bet, you should split your bankroll so that it goes a long way. You can adopt systems like the Martingale system to make sure you don't lose all your money on a single wager.

Betting On Your Favourite Boxer

Your favourite boxer may not necessarily be good enough to win the fight they are participating in. It is important to be careful when betting on your favourite boxer since you will be susceptible to bias and may not evaluate the details properly.

Boxing Betting FAQ

🥊 Is It Worthwhile to Bet On Boxing?

Yes, you can make good money if you apply the strategies described in this online betting guide for boxing. You should remember that sports betting is still a form of gambling, so you should primarily use it as a way of having fun.

What Is a 3-Way Bet in A Boxing Match?

This is a market that allows bettors to predict the match-winner. The third option in the wager is the 'draw' bet, but this is a rather rare outcome in professional boxing matches.

🏆 Which Is The Best Boxing Betting Site?

When choosing the best boxing betting sites, you should consider the quality of the odds, as well as the coverage of boxing matches. You also need to look at the free bet promotions and other bonuses. At the moment, the best sites for boxing betting include Bet365, BetMGM, Betway, and BetUS.

💰 What Types of Promotions Do Bookmakers Offer for Boxing Betting?

You can claim a wide range of bonuses when betting on boxing rounds. One of these is the free bet, which is commonly available to new customers of specific betting platforms. You can also claim match bonuses. With these offers, the bookie will match your deposit by a certain percentage. Furthermore, online betting platforms also offer loyalty bonuses.

💳 How Are Boxing Betting Odds Calculated?

The odds in boxing betting will usually reflect the risk taken by the bookie. Initially, the odds will reflect the chances that a particular fighter will win the match. However, as more people place bets, the bookie will adjust the odds to encourage activity on both sides of the fight.

🤔 Can I Cash Out My Boxing Bets?

When reading a bookie review, you should check whether the sites offer cash-outs. This feature is available on many betting platforms which you can utilise when betting on boxing matches. It allows punters to end their wagers at any time and take a portion of their winnings.

🥊 What Is the Most Popular Bet for Boxing?

The most popular wager in boxing is the winner bet, a market that allows players to back the winner of the fight. Other common markets include round betting and method of victory.

🏆 Can I Bet On a Live Boxing Match?

Yes, you can bet on live boxing matches, and you can find these markets in the in-play betting sections of the websites. With this betting option, you can place wagers as the fight goes on.

💶 Is It Worthwhile Betting on Women's Boxing?

Although men like Anthony Joshua are extremely famous in boxing, women have also been rising in the sport. Betting on women's boxing can be quite profitable, but you must find a bookie that offers high odds.
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This article was written by our team of betting experts, any contributing references are noted below.
Last updated 17/08/2022
References
  1. How to bet on boxing: online boxing betting guide. Grosvenor Sport 21st November 2018.  https://blog.grosvenorcasinos.com/grosvenor-boxing-online-boxing-betting-guide
  2. Boxing Bets | Learn about Betting on boxing | Unibet UK. (2022). Unibet. https://www.unibet.co.uk/betting/guides/boxing-betting-guide-1.1008367
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