It’s also very easy to place a bet on a boxing match, as you generally wager simply on who you think will win the fight or sometimes on the rare possibility of a draw, all based on money lines. Like the point spread, the money line is used to equal out the attractiveness of the favorite and the underdog for the typical bettor.
Here’s an example:
Favorite: -170 (bet $170 to win $100)
Underdog: +150 (bet $100 to win $150)
Draw: +800 (bet $100 to win $800)
In addition, some sportsbooks offer boxing proposition bets, including how many rounds you think the fight will go (i.e. Over/Under 8.5 rounds), increasing the amount of potential action even further. Other popular prop bets for betting boxing include:
- Picking the specific round the fight will end
- A parlay-type wager combining two bets picking the winner of the fight and how the fight will be decided, either by decision or knockout
The best advice we can give you is to learn as much as you can about the fighters, especially heavy favorites since they will obviously require a much bigger investment. Like other sports, champion boxers can overlook opponents and may not always be as motivated as they should be going into a title fight.
Rivalries can bring in tons of money for the sport and make it much easier to market. The drama and intrigue created around a rivalry is what makes team sports so great, and some of the most memorable fights have been tied to rivalries.
It’s also important to note that boxing matches have more inflated money line prices than most sports, creating a huge money line differential between the favorite and underdog. For this reason, you should be aware that boxing odds at different sportsbooks vary, so shopping around online sportsbooks will get you the most bang for your betting buck.
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