TOP-5 High-Ranked Online Bookmakers for Boxing Betting
How Does Boxing Betting Actually Work?
First thing is first! If you truly have no clue how the lines work then we will get through all of the basics. Know that yes, you can just show up and put as much money as you want on your favorite fighter on any given night. However, there is a little more to boxing betting than that. As you probably know, basically 100% of the time in any type of fight boxers don’t have an equal payout. This means that if you put 100 pounds on a boxer and he is the favourite to win the fight you probably won’t double your money if he wins. However, if you put 100 pounds on the underdog, you might even triple your money. That is why you see the + and – signs before random numbers next to the fighters name. A – sign, means that this boxer is favored to win the fight. So let’s look at the boxing odds for the highly anticipated Floyd Mayweather vs Conor McGregor boxing match. The odds had Mayweather a -500 favourite over McGregor, who had a +385 money line. This means that for every 500 dollars you put on Floyd to win the fight you would make 100 plus your money back a total of 600. You did not necessarily have to bet 500 dollars minimum for Floyd Mayweather in this match. Actually, it means for every 5 dollars you put in you would make a 1 dollar profit. For the underdogs, inverse logic applies. For every 100 dollars you put on McGregor you would have made a profit of 385. Totaling up to 485 with your initial investment. Same thing here 100 is not the lowest wage you can necessarily post. It means actually you stood to make 3.85 dollars for every dollar you waged on McGregor.
Now that we got the basic money line down let’s explore other options. You can bet on things like if the fight will be won by knockout or decision and that could totally alter the money line, and therefore your potential winnings. If you were to have bet on the fight we had shown as an example earlier for a Mayweather knockout which was the eventual true outcome. The line might have looked as follows,: Mayweather by K.O. -100. In this case to be able to win your bet Mayweather would have to have won by knockout. If he had won, but by decision, you would have lost the bet even though he won the fight. Essentially having a good understanding of the money line can help you out a lot in boxing betting. At least so you know exactly how much you stand to make on each bet. Now let’s get to the actual way to predict a fight’s outcome before you start looking at tonight’s boxing line up.
Betting On a Premiere Fight
You should know not all boxing odds are based on computer calculated algorithms. Sometimes you can get boxing betting tips from some of the best analysts, and even they won’t be on point every time. In a premiere fight if you have a hunch that the underdog could come away victorious a good tip would be to bet early. Once fight week rolls around the odds usually tighten up a bit more. Which as we´ve covered will mean there is less money to be made. There is no big boxing match tonight in the UK, but let’s take the upcoming bout between Anthony Joshua and Joseph Parker. The money line at the William Hill Boxing site reads as follows: Joshua -600 Draw +2800 Parker +450. This is updated to Wednesday of fight week and if you can believe it Parker was an even bigger underdog when the fight was announced. If I had to give out honest boxing betting tips, I’d say it’s a good fight to go for the draw or Parker. These guys are 2 undefeated fighters and although Joshua is the home favourite there is still money to be made off both of them. So knowing the way the boxing world works they might not want to give any of these two a loss just yet. So, they can easily cook up a rematch over in New Zealand and make some more big bucks. Of course, that is not what we want to hear about sports in general. As the title states premiere, fights are just judged and won sometimes by different methods than a normal bout. Another good bet might actually be going for the underdog knock out. Heavyweights typically end their fights early more often than fighters in smaller weight divisions.
Joseph Parker is not getting much love from the home crowd. However, he is no scrub out there. He has a perfect 24-0 record with 18 of those wins coming by way of knock out. Sometimes these fights are a toss up, and maybe a small amount on the underdog in the boxing odds is a way to keep the fight more interesting. Of course, there is always the hometown hero, and how can you count him out. It seems the home crowd is extremely confident in their native son, and with good reason! That T.K.O against Wladimir Klitschko at Wembley is still very fresh in the minds of the fans. Putting the final nail on the coffin of a Hall of Fame career is not an easy task. In this case, though Joshua is going up against a fighter fully in his prime. I really am excited and can’t wait for Saturday!
Where Can I Place A Bet?
So now that we know there is a big upcoming boxing match where can I go place my bet? Honestly, there are multiple options. If you are from the UK I usually recommend using local sites like Ladbrokes boxing since they can give better odds on fights most of the time. However, if you really want to get into the online bet scene and have one account where you can bet on any sport. Then maybe Betfair boxing might be your best option. It really is a matter of which site you feel the most comfortable with. Some like the previously mentioned William Hill are actually offering a good deal, especially for Saturday’s fight. So maybe if you are still uneasy about trying out online betting this could be a good choice. Also, if you don’t want to try your luck out in a big fight there are always a whole bunch of upcoming boxing matches all throughout the UK. That you can bet on through any of the aforementioned sites until you are ready for the big fights. There is still plenty of time between now and May 5th when Canelo Alvarez will meet Gennady Golovkin. You can start out with small fights and start getting the feel for boxing. Most sites allow you to create an account from which you can start betting on all of your favorite sports. With direct cash out to your personal bank account, and these days even Paypal, or Bitcoin accounts. So don’t wait and start getting into the action.