Betting on Boxing is as old as the sport itself, like the NFL, Boxing has been a bettor’s sport for a long time. There are various betting options in a boxing fight, and each has its own variables. It is important to understand how these variables work and it will help you decide to place your bet.
Like Baseball or Soccer, there are a number of different kinds of bets, from prop betting, weight betting, how a fight will end, or how many rounds will a bout go, there are the many different options a bettor has to wager on a fight.
This guide will help beginners understand how to bet on those betting options, how to read boxing odds, and which type of betting option may be the safer choice in your wager as we continue our series of Sports Betting and how to bet on each sport.
Boxing Moneyline bet
A moneyline bet in boxing is basically who you feel will win the fight outright. Odds are placed for each fighter and based on your pick, you will receive a payout. For example:
Mike Tyson -160
Roy Jones Jr +130
As mentioned in our NBA article the minus sign (-) is for the favorite and the plus sign (+) for the underdog. If you bet on Tyson to win at $100, you would be paid out $162, your original bet plus the winnings. If you bet on Roy Jones to win, you would win your bet plus $130 in winnings since he is the underdog.
Boxing Prop Betting
Prop bets in boxing are just like those of other sports. Here you bet on what could happen in the fight, for example, how many knockdowns there will be in a fight or in a round. How many rounds the fight will last orif a boxer will have points deducted or if the fight or a fighter will win by KO, TKO, or points or disqualification.
Total Rounds Bet
The best way to explain total rounds bet is the over/under of other sports. Here a fight between Y fighter and X fighter will go over or under 10.5 rounds.
OVER 10.5 rounds
UNDER 10.5 rounds
Here what you need is the fight to either end before the 10th round or after the 10th round.
Boxing On-Points Betting
Here you bet on how a judge may score a round. Boxing fights are judged by a 10-point scale. Most fights end 10-9 unless there is point deduction or a knockdown. Then a round can end 10-8. This type of bet is when you guess which boxer has a stronger chance of winning a round and by how much the judge will score.
Boxing Parlays
A boxing parlay bet is multiple bets on your ticket, here you bet that fight between X vs Z will end in TKO, the next fight will end in the 8th round via knockout, and the main event will end by decision. You would need to hit all three combinations to win your bet.
We hope this article was helpful in understanding the different types of boxing betting options. It is important to become familiar with each before you start betting on parlays for example.