The sport of boxing has been associated with wagering throughout its history and is still big business for bookmakers nowadays. Whether you're a diehard fan or simply looking for some action on an upcoming blockbuster fight, our guide will give you a handy overview on the key elements of betting on boxing. Let's get ready to rumble!
Best Boxing Bets
The nature of boxing means that there are a limited range of betting markets, compared with other sports like soccer.
There are six different types of bets that are most often offered by operators in the run-up to a fight:
- Bout betting: Don't be confused by the name, it's an outright winner bet with a different moniker! You can wager on either participant to win outright and there will always be a draw option too. However, these will have very long odds as draws are not a frequent outcome in boxing.
- Round betting: This wager offers the chance to pick who will win and in which round they will triumph. This is a great market to opt for if the outright odds on the favorite are very low.
- Round group betting: Similar to round betting, this offers a little more flexibility when it comes to picking which round the winner will be decided on. It's often preferred by punters because choosing the exact round is very difficult to do.
- Method of victory: A broad market, allowing punters to choose how the outcome will be decided. Options range between straight knockout, technical knockout or disqualification.
- Fight to go the distance: A simple yes or no bet on whether the fight will last all 12 rounds. It’s well worth doing your research on the participants' recent form before approaching this one.
- Over/under rounds: This bet allows you to predict whether the fight will last for more or less than an allocated amount of rounds. For example, if you wager on over 8.5 rounds you would lose if stopped in the 8th or before, but win if it lasted until the 9th or later.
In addition to considering these kinds of bets, make sure you wager on a fight you are actually interested in. If you have a particular interest in a certain fighter, or know you're going to be tuning in with friends or family, then taking the time to thoroughly research bets and potential outcomes will be a far less arduous task.
How To Analyze Contestants
The success of a boxing wager, like any sport, relies on you gathering as much information on the contestants as possible. While you can never make a “sure” bet, one made with careful research beforehand is less of a gamble than one made on a whim.
So, what to look out for? Firstly, take into consideration how your betting candidate has fared in previous matches at this level, and how they react to high-pressure events. If this is a prize fight and your potential candidate always fares very well in the spotlight, you can bet with a little more confidence.
Another thing to look out for is what is going on with a boxer in the run up to a fight. For example, have they been training with a new coach? Seen tumbling out of a nightclub at 3am? Anything that gives clues to their potential form is worth factoring in. Of course you're unlikely to see a potential world champ grabbing a couple of cold ones on the eve of a fight!
One of the most important things when it comes to analyzing competitors is to not get sucked into the pre-fight media frenzy. There will be a lot of speculation, so look out for sensationalist or contradictory reports.
Choose The Best Bookmaker
How to choose the best bookies – the eternal question! For boxing, there are two key things to look out for:
- Best odds on the wagers you want to make
- Best promotional offers available
Comparison websites will help you compare the major bookies and allow you to see where you will get the best value for your bets.
Typically, some betting sites offer favorable odds on the ‘underdog' or outsider, so they may be a good place to start if you're looking to place that kind of bet.
Often in the run up to big boxing events, bookies will run a range of promotions to entice new and existing customers into placing bets through them, rather than competitors. This is why it's best to “shop around” to see if you can get a discount or free bet, even if it's through an operator you wouldn't traditionally use.