Boxing remains one of the most wagered on sports around the world. It remains one of the most exciting and thrilling sports events, especially if superstars like Canelo Alvarez or Tyson Fury take the ring.
Many Americans and people all over the world would surely spend money on fights with those superstars.
Now, if you’re new to sports betting, it may be overwhelming to choose which bookie you should place your bets with. There are simply hundreds and maybe even thousands of bookies out there. Choosing online alone can already take quite a while, but there are only a few factors to consider.
Convenience remains the top priority when choosing the right bookie and this includes the payment methods that the site offers. Another is whether the bookie offers promos and bonuses that you would really benefit from.
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If it’s boxing that you will be wagering on, however, then one of the important factors you should consider is if a bookie offers odds on different types of bets. Yes, that’s right. There are different ways to bet on boxing and if you don’t know what those are yet, we’ve got covered. Here are the types of boxing bet that you should know about.
- For the Winner or the Loser
This may be the most commonly wagered on odds for boxing. It’s something that even non-boxing fans would place bets on. This is simply placing a bet on who wins the fight or the match. Some bookies would also let you place a bet on who will lose the match.
- Round Betting
This sounds the way it is. You basically place a bet on which round the fight would end. This can be a very tough outcome to wager on because there could be as much as 12 rounds in a boxing match. You really have to know quite a lot about the boxers to at least be able to have a gut feeling as to when the fight would end.
Since this can be a tough bet, you can be rewarded decently. Typically, if the fight is deemed as competitive, the price of the earlier rounds will be big. However, if the match is a bit predictable and the other fighter is expected to win easily, the prices are lower or shorter for the early rounds.
- Round Group Betting
This is a bit similar to Round Betting, but this is something easier because you don’t need to place a wager on a specific round. The rounds here are grouped, and so you have fewer choices here. The rounds are basically grouped together and the size of the group may vary from one bookie to another.
There are bookies that may group the first three rounds together and others would group up until six rounds. This works best if you have a strong gut feeling as to when the match will end, but not exactly feel what specific round it would end.
- Over or Under Rounds
On this type of betting, you just really have to place a bet on whether the match will end before or after a specific round. If you choose to bet on an earlier or later round, the odds will have a greater difference between the outcomes. If the round you picked is near the middle of the fight, the odds on either side of your bet will be more even.
- Method or Way of Victory
This is also one of the most popular and vest valued bets in boxing. You bet whether the match will end with a technical knockout or stoppage, disqualification, technical draw, or with a unanimous decision. This is the best type of bet if a fighter is likely to knock out his or her opponent.
- How Far the Fight Would Go
This is mainly betting on whether the match will end early or not. The odds will be greater if the match takes longer, especially if there is a crowd or priced favorite fighter that’s involved. If the fighters appear to be even when it comes to the skills, then the odds on the fight going the distance will be shorter.
- Gone in 60 Seconds
This is settled after the first 60 seconds have passed by. You either bet with a yes or a no. If you bet yes and the fight ended after a minute or sixty seconds, then your bet would lose. However, if a fight ends before 60 seconds pass, then you win.
