How to Gamble on Boxing
Placing wagers on fights can range from very straightforward bets on who will win outright to more complex propositional bets between rounds, methods of victory and also fight-specific outcomes. Boxing wagers are placed on a moneyline. A moneyline is a number set by bookmakers which determines winnings according to a $100 bet. The negative number indicates which fighter is favoured to win the fight and is the dollar amount one must bet to win $100. The positive number indicates who the bookmaker considers the underdog and is the dollar amount one wins when putting a $100 bet.
Moneylines
There are two different moneylines in boxing, and understanding the difference between the two is important prior to placing a bet with top boxing betting websites. The most common moneyline is that a 2-way moneyline. In a 2-way moneyline, a wager is placed on each fighter winning the fight and in the event the bout ends in a draw, the bet is cancelled and the wager is returned as a push. Take the following as an example of a 2-way moneyline:
Floyd Mayweather – 400
Conor McGregor +300
Mayweather is the betting favourite, so a $400 dollar wager on Mayweather yields $100 if Mayweather wins. McGregor is the underdog, so a $100 bet on McGregor takes $300 if McGregor wins. If the bout ends in a draw, the bout is declared a push and a bet on either fighter is returned. But a 3-way moneyline includes odds on the attraction. Take the following as an example of a 3-way moneyline.
Mayweather – 400
McGregor +300
Draw +1200
A 3-way moneyline pays out the same for either fighter on a winning wager, but since the draw is listed as a betting option, just wagers placed on the draw will return winnings. If Mayweather and McGregor fought to a draw, wagers placed on each fighter to win are missing along with a $100 wager placed on a draw wins $1200.
Bout Betting (Outright Win Market)
The most straightforward bet in most of boxing is putting a bet on the bout market. This is also known as the win market. A wager placed in this industry simply involves deciding which fighter will win the fight. No matter what method of success, whether a knockout or decision, naming the fighter that wins the bout in the win marketplace wins the bet. A winning wager’s payout is based upon the moneyline set by by the bookmaker in the time of wager. Other sorts of wagers in boxing are proposal based. The most common kinds of prop bets in boxing are about rounds, ways of victory and if the struggle goes the distance.
Round Market
Round market stakes include naming the fighter who will win the struggle as well what round the fight will end. This allows wagers placed on 2-way moneyline favourites the chance to return massive dividends provided that the individual placing the bet is able to pinpoint when the fight will end just. By way of instance, a straight bet on Mayweather in – 400 is paltry in comparison to a round-specific wager on Mayweather winning specifically in around 10 at + 2200.
O/U Total Rounds Market
Betting on the over/under entire rounds marketplace is placing a wager on whether the struggle will go beyond a certain number of rounds. The over/under market is defined by bookmakers and provides moneylines for both sides of this equation. Employing Mayweather/McGregor for example again:
OVER 4.5 -270
UNDER 4.5 +185
Betting on the O/U market doesn’t depend on naming the winner of this fight, only how long the fight will last.
Rounds Group Market
The rounds group marketplace provides similar plays into the O/U marketplace, except wagers are placed on groups of rounds. Common rounds classes comprise rounds 1-4, rounds 4-8 and rounds 9-12. Other common round groups include even vs. odd round numbers.
Method of Victory Market
The method of victory market is played by picking out the fighter that will win the battle as well as the technique of success. This market resembles the round marketplace except instead of pinpointing the particular round one wagers about the particular method. Methods could be grouped together (e.g. Mayweather by KO, TKO, or DQ -135) or more specific (Mayweather by KO +1600, Mayweather by TKO +240, Mayweather by DQ +800) based on the bookmaker’s taste.
Fight to Go the Distance Market
In boxing’s struggle to go the distance market, wagers are placed on if the fight will last the full number of rounds. For instance, if Mayweather-McGregor was scheduled for 12 rounds ended anytime before the decision of the twelfth round for any reason, the fight did not go the distance.
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