If you’re not familiar with betting on boxing, you might need a little help in having boxing betting odds explained. That’s what we’re here to help with. On this page, we not only explain how to read betting odds, but we also go over how to bet on boxing. At boxing betting odds explained, we go over the most common wager types and the odds associated with them, so that by the time you’re ready to wager on a boxing match, you’ll feel like an expert.
No matter what side of the bout you choose to bet on, remember that anything can happen in boxing. Major underdogs are known to be punching bags for the title holders and favorites but this isn’t always the case. Buster Douglas knocked out Mike Tyson, giving bettors 42 times their money in 1990. More recently, a 33-1 Andy Ruiz Jr. beat Anthony Joshua in a heavyweight championship.
Boxing betting with online bookmakers available fight odds. Markets include winner, method of victory and round stoppage for pre-fight and live betting. How Can I Bet On Boxing Online? #1: Pick a Betting Site. Sportsbooks are the online betting sites you visit so that you can wager on boxing. Signing up is a cinch.
How To Read American Boxing Odds
When it all comes down to it, boxing betting odds are not that different than any other odds. One way to present boxing betting odds is in the standard American format. In this form, fighters will have a number associated with their name. This is their line. When it has a (-) symbol next to it, it shows they are the favorite. When it has the (+), it shows they are the underdog. A number with a (-) symbol denotes how much you would have to pay in order to make $100, while a number with a (+) symbol shows what you stand to gain based on a $100 wager.
- Manny Pacquiao -650
- Jeff Horn +425
- On a certain, basic level, total round betting is like game total betting (which you can read about here): bookmakers will set a total number of rounds for the fight, and bettors can select either.
- Betting On A Fighter To Win The Fight This is the simplest way you can bet on a fight. This is a bet on the outright winner of the match, much like a moneyline bet in other sports. This is as straightforward as.
In this situation, Pacquiao is favored. This means oddsmakers think he has a better chance to win. If you bet on him, you would have to wager $650 to win $100, if he wins the fight. If you bet on Jeff Horn, you only have to bet $100 to win $425 if he wins the match. This is because he is perceived as “less likely” to win.
Understanding Boxing Betting Odds In Fractional Form
Fractional betting odds are another common way to have a fight’s betting odds presented. Figuring out your payout when odds are in fractional form is pretty simple. The denominator (bottom number) will always show what you have to stake, while the numerator (top number) will denote what you stand to gain. You can tell a competitor is favored when the denominator is higher than the numerator.
- Manny Pacquiao 3/20
- Jeff Horn 17/4
We used the same example from before for continuity. Pacquiao is the favorite in this fight, and you would have to bet $20 just to win $3, or about .15 cents for every $1 wagered. So if you bet $100, your profit would be $15. On the other side of that, Horn is a 17/4 underdog. For every $4 risked, you earn $17, or $4.25 for every $1 wagered. On a $100 risk, you’d gain $425 if Horn were to win.
Fractional and American odds denote the same payout, you just have to calculate it a different way. 3/20 odds are the same as -650 and would earn you the same payout. Most online sports betting sites will allow you to change between the two different types of odds, as well, so you can read a boxing betting line however you’d like.
There is one more incredibly important thing to remember when it comes to reading boxing betting lines – odds are not a reflection of actual chance. Odds and betting lines are influenced by public opinion more than anything. Oddsmakers will use basic stats to formulate who is more likely to win a match, but after that, the lines move based on how bettors are wagering. So if you do your research and everything you see points to Horn being able to beat Pacquiao, don’t be intimidated by his underdog status. Your ability to read odds and truly understand how they’re formulated can help you win big.
Betting On A Fighter To Win The Fight
This is the simplest way you can bet on a fight. This is a bet on the outright winner of the match, much like a moneyline bet in other sports. This is as straightforward as you can get when betting on boxing. They’re also the most common boxing betting odds. No matter what, a match will at least have odds on who will win the fight, even if there’s no other way to wager on the fight.
Article: How To Wager on Fighters
Boxing Prop Bets Explained
Prop bets are bets made on individual aspects of a match, rather than just on the winner of the fight. So when you bet on props, you have the option to bet on the number of rounds a match will go, who will win in which round, or the method of victory by which they win. Some matches will be very high profile, and on those, you’ll generally find even more props like if the fight will go the distance or how many viewers there will be. Below are the most common boxing prop betting odds, explained.
Round Betting
Sometimes, boxing matches will have rounds betting odds. This means that you can bet on which round you think the fight will be decided in. This allows you to get a little more detailed with the wagers you’re placing. Generally, you’ll have betting odds on each round for each fighter, as well as odds on the match going to a draw or a decision. Rounds betting generally yields a much higher payout but is also a bit trickier to win. If you bet on Fighter A to win in the 12th round and he wins in the 11th, your bet is considered a loss.
Round Group Betting
If rounds betting odds are a little too adventurous for your taste, but you have an approximation of when a fighter will win, try rounds group betting. Odds for these will be assigned to a set of rounds, usually in groups of three. Betting on a rounds group yields less of a payout than just a regular round betting, but in exchange is easier to win. Betting on Fighter A to win in the 10th-12th gives you three chances to win your bet. It’s like a little safety cushion when betting on boxing.
Betting On The Fight Outcome
When betting on boxing, you will more than likely see lines on the fight outcome. This is a general way to wager on how the fight will end, and only has five options. Each fighter will be given odds to win by knockout, technical knockout, or disqualification. Each fighter will be given odds to win by decision or technical decision, and the match will be given odds to end in a draw or technical draw.
Total Rounds
Boxing totals are pretty much the same as any other betting totals, but instead of points, you’re betting on the total number of rounds the match will last. For fights that seem to be more one-sided, oddsmakers will probably favor the under, as the underdog probably won’t be able to keep up. A more even fight might see the over favored. Boxing totals betting odds can be found alongside prop bets at most sportsbooks. A subset of a total rounds bet is betting on whether the fight will go the distance. This is offered much less often, so you shouldn’t expect to see it on every fight. It’s a yes or no proposition bet, wherein you bet on whether or not the fight will last through every round.
Parlays
When you are betting on boxing, you can create a parlay card. When you wager on a parlay card, you can generally combine anywhere from 2-15 different wagers on a single card. Doing so makes the payout much more appealing than a whole bunch of singular bets. However, parlay bets are incredibly hard to win. If you’re wrong on even a single element of a parlay card, your entire bet is considered a loss.
If you do decide to create a boxing parlay bet, it will have to be a parlay card made of moneyline bets. Sportsbooks won’t create a boxing parlay with prop bets due in large part to wagering limits. So if you are ready to watch a match and like all of the fights on the card leading up to the main event, you can create a small or large parlay of all the fights to try and win a nice sum of money.
Live Betting On Boxing
While you are able to bet on boxing events before they begin, you are also able to wager of them once they have heard the first bell. With live betting, bettors can see updated odds as each second of the clock ticks off. Live betting can be tricky in boxing, as the favorite who seems to be winning can get knocked out the second after you place your wager. However, with other prop bets available, it creates more entertainment on top of the actual fight.
Bovada Sportsbook - Betting Options For Boxing on Bovada
A lot of time players get on their Bovada account and already know what they plan to bet on. The boxing fans know that they can log on to their account and find all kinds of prop bets on any match. This is why players make sure to tell others that they should join Bovada. Players also have a lot of bonuses that could make then bets even better and have them play with more money. The biggest deal here is the fact that the banking methods are also there as well for players to pick and choose from. When you know once you log into your betting account that you have a good chance to make money, your confidence in your bets goes up.
SportsBetting Sportsbook - Boxing Huge on SportsBetting
To get things started, when it comes to SportsBetting, there is not one thing bettors can’t find on this online sportsbook. All the sports that can be bet on are on SportsBetting and that includes boxing which is one sport that is known for having a lot of bettors in every match. All players have to be is 18 and older to sign up for an account here and things will be all good moving forward. Profiting is the goal so when it comes to betting on boxing matches, there are many of those prop bets here on SportsBetting. There is no reason that boxing fans should be broke when having an account with SportsBetting.
BetOnline Sportsbook - BetOnline Has Boxing As A Betting Option
BetOnline is clearly the best online sportsbook here for all the big-time exotic bettors. The reason for this is there are all the things that you need here when it comes to betting and most of the time you know that when you log in that money is going to be made on BetOnline. Boxing matches will always be on BetOnline and plenty of fans will be ready to make major bets as soon as these matches show up on BetOnline. The bonuses that are offered are also here for players who like to bet on boxing as well. Already knowing that you have some money in your account ready to bet, the bonuses here are going to help players have more money as well. Checkout BetOnline and see what it brings for all players all around.
MyBookie Sportsbook - Top Sportsbook For Boxing Fans
The main thing that MyBookie has for players to bet on is all sports. The NFL and NBA are the premier sports that many players like to bet on and put big money on these games all the time. Even with that being said, boxing matches are still one of the options that players take a glance at once they long in. The number one thing that players look for when they log in is bets to where they can make a lot of money and when it comes to boxing matches, these things can end quickly and end up with a huge payout to players. The mobile betting options are here as well as having great banking methods. All bettors have to be is 18 and older to sign up for an account. Soon as players log in another thing that will pop up for them is bonuses that could change their bank account number and help what prop bets they take on these boxing matches. MyBookie is the best sportsbooks with boxing available and there is no question about it.
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Boxing has been an extremely popular sport ever since it peaked from the 1920s to 1950s. Even though its level of popularity has died down a bit over the last few decades, there are still millions of people who love to watch it instead of watching UFC/MMA. Most of the major boxing matches will require you to use Pay-Per-View if you want to watch the match without physically traveling to it and one of the best ways to offset this entertainment cost is to place some wagers on the fights you are watching.
However, before you venture off into the world of boxing wagers you should familiarize yourself with some of the terms and conditions that come along with all of them so that you do not make any big mistakes. We will now take a jab at explaining all of the various types of bets that a boxing bettor can make in sportsbooks around the globe and we invite you to step in the ring with us to learn a thing or two so that you don’t get sucker-punched.
Moneyline Bets in Boxing
Moneyline bets are sometimes called “To-Win” bets because all you have to do is simply pick which fighter is going to win the boxing match. This is one of the simplest ways to bet on a fight and it is also the most popular bet type that people utilize when betting on boxing.
Each side of every boxing match will offer varying moneyline odds for each fighter and these odds will determine how much you get paid if you make the correct choice. When a fighter’s odds are listed as a positive value the fighter is the underdog in the fight. Conversely, when the fighter’s odds are listed as a negative value they are going to be the favorite and the bigger the number is the more of a favorite they are considered to be.
As an example, let’s assume that we woke up this morning in the year 1990 and undefeated Mike Tyson is about to fight against Buster Douglas. The moneyline odds on this fight were set at +4500 for the underdog Buster Douglas, which means that if you bet $100 on him you will receive $4500 back if he wins. Mike Tyson ended up getting knocked out in the 10th round of this fight and Douglas bettors went home with giant piles of money which just goes to show you how fun moneyline bets can be in boxing.
Round Over/Under Bets in Boxing
If you are looking for a bet that does not involve picking the winning fighter then you might want to give round over/under bets a try. These bets simply require you to choose whether or not the fight in question will last more rounds than the over/under line is set at.
If you choose to bet the over and the fight goes longer than the round over/under line that Vegas proposed then you will win your bet. For example, if the over/under round line is set at 4.5 rounds and you bet the over then you need the fight to make it into the 5th round to win your bet.
How To Bet Online Boxing
The more lopsided the match-up is, the less the round line will be since the favorite usually makes quick work of a heavy underdog. For example, if Floyd Mayweather was going to box against Justin Bieber the over/under would probably be set at halfway through the first round. However, if Mayweather was about to fight against Manny Pacquiao the round over/under line would probably be set around 9.5 rounds.
One of the unique parts about these types of bets is that you will sometimes be able to find a ton of different round lines that all have different payout odds. The further away your bet moves from the number of rounds that Vegas thinks the fight will last, the more money you will receive if you are correct since it is less probably that that outcome will occur.
Sometimes you will also have the option of betting on the exact round that a boxing match will end and other times you will be able to wager on whether the fight goes the distance or not. All of these bets pertain to the length of the event and give you a nice breath of fresh air from trying to decide which fighter is going to be victorious.
Parlay Bets in Boxing
Often times whenever there is a big boxing event there will be numerous other fights happening right before it on that same day which are of lesser importance and these fights are collectively known as the undercard. One of the fun ways to go about wagering on these undercards is to make parlay bets where you pick multiple winners from that day’s fights and try to get a big payday.
Parlay bets are notorious for being difficult because there is no room for error but if you happen to get every single selection correct the payouts can be massive. The more fights you choose to include in your parlay bets the higher your payout will be due to the added level of difficulty. The best part about boxing parlays is that you will know if you are the winner that same day which is not the case in some major sports that spread their contests throughout the week.
Bet On Boxing Fights
Double Chance Bets in Boxing
Double chance bets are somewhat similar to parlay bets because they require you to pick multiple selections and get them all correct. However, double chance bets are normally limited to just two legs with one leg being which fighter will win and the other leg being their method of victory.
For instance, if Mayweather really was going to fight Justin Bieber like in the silly aforementioned example then an extremely easy double chance bet to make would be Mayweather to win by TKO/KO. However, the payout odds might not be that great for bets that are extremely obvious like this and you will be lucky to make a 10% profit on your wager.
Bet On Boxing Match
You will also be able to bet on whether the fight ends in a decision for each fighter which means that there will generally be four total double chance options to choose from for each fight. These four options include Fighter 1 by TKO/KO, Fighter 1 by decision, Fighter 2 by TKO/KO, and Fighter 2 by decision with each option paying out different amounts according to the corresponding moneyline odds.
Prop Bets in Boxing
Prop bets are wagers that ask you extremely specific questions about what will happen during a boxing match and they generally have nothing to do with who will win the match. Will there be a knockdown? Will a fighter lose a tooth? How many punches will a fighter land throughout the fight? Will there be any point deductions? These are just some of the questions that a sportsbook might as you to answer for a particular prop bet and they are a great way to diversify your betting exposure to a fight without hedging your other bets.
Not every sportsbook offers boxing prop bets but the bigger the fight is the better chance you have of coming across a list of prop bets that are available. You might also want to check on the live-betting portion of the sportsbook if they have one since prop bets can sometimes be found there as well.
When you decide to bet on boxing prop bets the wagers are generally capped at a small amount due to the casino’s lack of confidence in the outcomes. These bets are meant to be for fun and if you find yourself taking them too seriously then you are doing it wrong. We recommend mixing in one or two prop bets with your to-win bets so that you have a backdoor chance of winning some money if you picked the winner of the fight incorrectly.
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