Boxing Betting: Everything You Need to Know
If you’re looking to make some extra money by betting on boxing matches, then you’ve come to the right place. In this article, we will discuss everything you need to know about boxing betting and how it works. We’ll cover the different types of bets that are available, as well as the odds and payouts involved. By the end of this article, you’ll be ready to start placing bets on your favorite boxers!
What Boxing Betting Is
Boxing betting is simply the act of placing a bet on the outcome of a boxing match. You can bet on who you think will win, as well as how the fight will end (by knockout, decision, etc.). Boxing betting is available for both amateur and professional matches.
The Different Types of Boxing Bets
There are three main types of boxing bets:
The Moneyline Bet: This is the most straightforward type of bet, where you simply pick who you think will win the fight. The odds will be represented as either positive or negative numbers. A negative number indicates how much money you need to bet to win $100, while a positive number indicates how much money you will win if you bet $100.
For example, if the odds for Fighter A are -200 and the odds for Fighter B are +150, that means you would need to bet $200 on Fighter A to win $100, while a $100 bet on Fighter B would net you $150.
The Point Spread Bet: This type of bet is similar to the Moneyline Bet, but with one key difference. In addition to picking who you think will win the fight, you must also predict by how many points (or rounds) they will win by. The fighter with the higher odds is considered the favorite, while the fighter with the lower odds is considered the underdog.
For example, if the point spread for Fighter A is -0.50 and the point spread for Fighter B is +0.50, that means you would need to bet $100 on Fighter A to win $100, while a $100 bet on Fighter B would net you $200.
The Totals Bet: This type of bet is also known as an “over/under” bet. Here, you are betting on whether the total number of rounds in the fight will be over or under a certain number. For example, if the total rounds for a fight is set at 12.0 and you think it will be lower, then you would bet “under.” Conversely, if you think it will be higher, then you would bet “over.”
What You Can Win by Betting on Boxing Matches
The amount of money you can win by betting on boxing matches depends on the odds of the fighters involved. If you bet on the favorite, you will need to risk more money to win less. However, if you bet on the underdog, you will need to risk less money to win more.
Conclusion
Boxing betting is a great way to make some extra money. By understanding the different types of bets and the odds involved, you can maximize your chances of winning. So what are you waiting for? Start placing bets on your favorite boxers today!