Betting on Boxing

While boxing may not be as popular as it once was, there are still plenty of people who enjoy betting on the sport.

And just like with any other type of gambling, when it comes to boxing, there are always going to be those who are willing to visit wageringadvisors and put down some serious money on a fight.

Even though the days of Mike Tyson are long gone, there are still plenty of big boxing matches that draw in a lot of attention (and money). As a matter of fact, it seems like online bookies keep getting more wagering requests every year.

From platforms with no deposit free spins Canada to digital betting sites, gamblers are ready to take big risks when it comes to boxing-related bets.

 Here are some of the biggest bets placed on boxing matches in recent years!

Top 3 Boxing Bets

While the number of milestone fights keeps piling up over the years, it is fair to conclude that some matches will always stand out more than others. The following three examples easily qualify as the biggest boxing bets of all time.

1.              Mayweather vs Pacquiao (2015)

This was, without a doubt, the most highly anticipated boxing match in recent years. It was also one of the richest, with both boxers taking home a staggering amount of money.

According to numerous media reports, the total amount of money wagered on the fight was a whopping $400 million! This number easily makes it the most bet-on boxing match in history.

It is also worth noting that the majority of bets were placed on Floyd Mayweather, who was considered the favorite going into the fight. In the end, Mayweather won the match, and those who bet on him ended up winning a lot of money.

2.              Holyfield vs. Tyson II (1997)

This was a highly anticipated rematch between two of the biggest names in boxing at the time. The first match between the two ended in controversy, which only made the second one more anticipated.

In the end, over $300 million was wagered on the fight, with most of the money being placed on Tyson. However, it was Holyfield who ended up winning the fight, much to the surprise (and dismay) of those who had bet on Tyson.

3.              Floyd Mayweather vs. Conor McGregor (2017)

This was a boxing match that many people thought would never happen. But after months (and even years) of speculation, the two finally faced off in the ring.

And just like with the Mayweather vs. Pacquiao fight, this one generated a lot of betting action. In fact, it is believed that over $300 million was wagered on the fight, with Mayweather once again being the favorite. And just like before, he ended up winning the match.

As you can see, there is a lot of money to be made (and lost) when betting on boxing matches. But one thing is for sure – this is just the beginning as we are surely going to witness even more big boxing bets in the years to come!

Why Do People Place Boxing Bets?

There are a number of reasons why people enjoy betting on boxing matches. For some, it is simply a way to add an extra level of excitement to the sport. After all, is there anything more exciting than watching two world-class boxers go toe-to-toe in the ring?

That is particularly the case with fans who really support one of the fighters. Betting on their favorite boxer not only allows them to show their support but also gives them a chance to win some money if their fighter comes out victorious.

For others, it is a way to make some quick and easy money. While it is certainly possible to lose money when betting on boxing, there are also those who have been very successful at it. In fact, there are even some professional gamblers who make a living by betting on boxing matches.

Whatever the reason may be, there is no denying that boxing bets are becoming more and more popular each year. And with the sport continually evolving, it is likely that we will see even more big bets being placed at online casinos in the years to come!

How Much Can You Earn From It?

There is no definite answer to this question, as it depends on a lot of factors, such as the odds offered by different bookmakers, the fighter’s chances of winning, and how much you are willing to gamble.

However, if you are betting on a heavy favorite, you will generally earn very small profits, while bets on underdogs can offer much higher rewards. For example, if you bet $10 on a fighter who is expected to win with odds of -1000 (meaning you would only win $1 if they win), your total profit would be $10. But if you bet $10 on a fighter who is expected to lose with odds of +500 (meaning you would win $50 if they won), your total profit would be $540.

Of course, your potential earnings also depend on the sum you are willing to invest in your bets. The more you are willing to risk, the higher your potential earnings will be. But remember, with higher risks comes the potential for bigger losses as well. So it is important to always gamble responsibly.

How Do You Look For a Good Online Sportsbook?

When it comes to betting on sports – boxing included – finding a good online sportsbook is essential. There are a number of factors to consider when choosing a sportsbook, and it can be helpful to do some research before making a decision.

One important consideration is the reputation of the sportsbook. Be sure to read online reviews and check out the sportsbook’s website before making a deposit. These reviews can tell you a lot about the sportsbook’s customer service, payment processing times, and overall reliability.

Another thing to look for is the range of betting options offered by the sportsbook. The best sportsbooks will offer a wide variety of boxing bets, as well as other sports bets. This way, you can always find a bet that suits your interests.

It is also important to make sure that the sportsbook is licensed and regulated by a reputable body. Most of them are, but you can never be too careful. After all, you are trusting them with your money, so you want to be sure that it is in good hands.

Another factor to consider is the odds offered by the sportsbook. Make sure to compare the odds of different sportsbooks before placing a bet, as this can make a big difference in your potential winnings. Finally, be sure to read the terms and conditions of the sportsbook before creating an account.

These are just a few of the things to look for when choosing an online sportsbook. By taking the time to find a reputable and reliable sportsbook, you can help ensure that your boxing betting experience is a positive one.

How to Become a Better Boxing Bettor?

Almost anyone can place wagers on boxing fights these days, but not everyone is good at it. If you want to become a better bettor, you should be aware of a few key principles. Let’s check them out one by one here:

1.              Learn all there is to know about boxing

This is the most important thing you can do if you want to be a successful boxing bettor. The more you know about the sport, the better your chances will be of picking winning bets. Be sure to keep up with the latest news and developments in boxing, and don’t hesitate to do some research on your own.

You can study the sport simply by reading online magazines, blogs, or articles. Or, if you want to go a step further, you can even watch boxing matches and analyze them yourself. There are many ways to learn about boxing, but the most important thing is that you make an effort to do so.

2.              Keep an eye on a few fighters

In order to be successful in boxing betting, you should have a good understanding of the fighters involved. This means keeping an eye on their careers and performances, both in the ring and out.

There are a few different ways to do this. One is to simply follow them on social media, as they often give insights into their training and preparations for upcoming fights. Another is to read interviews and articles about them, which can give you an idea of their mindset going into a fight.

Of course, the best way to get to know a fighter is to watch them fight. This way, you can see how they perform under pressure and get a better sense of their strengths and weaknesses.

3.              Know all about the betting odds

If you don’t know how to read betting odds, you will have a hard time placing successful bets. Before you place any bets, be sure to take the time to learn about the odds and how they work. Once you understand how they work, you will be able to better assess which bets are worth placing and which ones are not.

You should also compare different sportsbooks’ odds before placing a bet. This way, you can be sure that you are getting the best possible deal.

4.              Take advantage of bonuses

Most online sportsbooks offer bonuses to new and existing customers. These bonuses can give you a nice boost when you are just starting out, so be sure to take advantage of them. Promo deals include the likes of risk-free bets, matched deposit bonuses, and free bet offers. Just be sure to read the terms and conditions of each bonus before claiming it, as there are usually wagering requirements that must be met in order for you to withdraw your winnings.

5.              Don’t behave recklessly with your money

It is important to remember that betting on boxing is a risky endeavor. There is no such thing as a sure thing, and you should never bet more money than you can afford to lose. Be sure to set a budget for your betting activities and stick to it.

For example, you can set a monthly or weekly budget and only bet a certain percentage of your overall bankroll on each fight. This way, you can minimize your losses and still enjoy the thrill of betting on boxing.

If you follow these tips, you will be well on your way to becoming a successful boxing bettor. Just remember to be patient, as it takes time and effort to become good at betting on boxing. With a little bit of practice, you will be placing winning bets in no time.

The Bottom Line

Boxing is not just a sport – it’s an entire industry that generates billions of dollars in revenue every year. And with such a large amount of money at stake, it’s no surprise that people are willing to place huge bets on the outcome of fights. In this post, we discussed some of the biggest bets ever placed on boxing matches.

However, we also took a step further to help you understand how you can place your own winning bets. Be sure to keep the tips we discussed in mind, and you’ll be well on your way to becoming a successful boxing bettor. Thanks for reading!

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