Boxing is one of the most exciting sports in the world and is that the has THE highest paid athlete each event. Nothing fits the pure adrenaline of two guys going toe-to-toe in the middle of this ring. The only thing better than watching a good boxing battle is winning a huge pile of cash at the conclusion. With our useful guide, you’ll have all you need to begin making the big bucks betting on boxing online.
Is it?
For bettors in Canada and the United Kingdom, it is 100% legal to bet on boxing online. Regrettably, United States laws prohibit online sports betting, so American clients won’t be able to find a reputable sportsbook willing to take their actions legally. So far, no daily select real cash dream sites have begun boxing betting. Only MMA thus far but from whom I’ve talking to state they’ll soon.
Where to Bet?
Canadian’s best alternative for betting online, is Sports Interaction. From a very long and stable history of serving Canadians for over 20 years, to a huge range of betting options and superb customer support it is by far our #1 choice to Canadians. Have a look at our review to find out more.
Know The Odds
Understanding the odds is the basis to successfully betting on boxing. Even though a novice might discover the format intimidating, it’s actually quite easy to understand. Boxing odds, known as”moneylines”, typically look something like this:
Floyd Mayweather (-210)
Saul “Canelo” Alvarez (+145)
In this instance, Floyd Mayweather is your favorite and Canelo is the underdog. Favorites have a minus sign next to their moneyline, underdogs always have a plus sign.
When betting on a popular, the amount next to the minus sign is how far you would need to wager in order to make a $100 gain. Therefore, for instance, a $210 wager on Floyd Mayweather would make you $100 in this instance, a $21 bet would make you $10, as well as a $2.10 wager would earn you $1.
When gambling in an underdog, the amount near the plus sign is how much profit you’d make by gambling $100. In this instance, a $100 wager on Alvarez, if successful, would yield $145 in profit. A $10 bet would earn you $14.50, and you’d make $1.45 for each $1 you wagered.
Betting Over/Unders
Deciding which fighter you believe will win is only one way to bet on boxing. Nearly every sportsbook provides over/unders, which are bets on how long a battle will go. The odds for over/under betting work exactly like traditional bets, except rather than betting on fighters you will be gambling whether the battle will go past a certain point. For instance:
More than 10.5 Rounds (-270)
Underneath 10.5 Rounds (+190)
Be aware that the”over” is nearly always the preferred. In cases like this, no matter who wins, a wager on the”over” is powerful the second the 11th round begins. If the battle ends at any point before the 10th round starts, the”under” is powerful. If the fight ends during the 10th round, the wager is a push and you’ll win or lose nothing.
Over/under gambling is a great way to generate money on intimate fights or fights with odds which are too skewed to create traditional bets lucrative. Two heavy-handed sluggers going at it make the under, which is generally going to be a considerable underdog, a fairly attractive choice. In the same way, big mismatches such as the current Canelo vs. Kirkland battle generally have a favorite so prohibitive that any wagers on him are too risky to be worth it. By gambling on the below, however, you can’t just earn cash knocking on a dominating mismatch, you are able to do it at underdog odds. For intelligent bettors, the profit potential of over/under gambling is enormous.