Boxing is one of the oldest and most popular sports events in the world, and now also ranks among the most popular among betting enthusiasts.
Fights are organized around the globe on a regular basis, making it possible for fans to engage in constructive betting of the sport.
However, despite being a famous sport, boxing can be a little bit complicated especially when it comes to understanding the basics of boxing betting. In this guide, we will help you learn a thing or two about how to get started, and how to make the most out of your betting.
Explaining boxing betting
The big difference between boxing betting and other equally popular sports like tennis and football is that boxing does not have as many markets available for selection.
If you are betting with Betway, you are only likely to get around six betting markets, regardless of how major an event is. To make it easier for you, below are the markets you’re likely to find in boxing betting.
This is the most common pick among bettors, and in most cases, also the most straightforward pick.
The downside of picking an outright winner is that the odds are too small especially when there is a favorite.
To win on this one, you’ll need to place a large stake on your bet, but it doesn’t mean that a win is guaranteed.
Number of rounds
A title bout may go for 12 rounds, but a bet will in most cases be set at 9.5. That means you can wager the bout to last more or less than 9.5 rounds.
Here, you’ll not be picking any winner, but betting on how many rounds you predict the fight will last.
Betting on the total rounds requires some background knowledge of the fighters in terms of how they are known to last in fights.
Here, you’ll be predicting a fight to be won by specific method. It could be by a decision, Knockout, technical knockout, or a DQ.
Typically, these markets attract quality odds, but you’ll need to be at your best to get it right.
Your knowledge of the sport is paramount, or you can rely on what tipsters are saying.
It is the toughest call in boxing betting, but the one with the best odds. On this one you back a fighter to dispatch their opponent in a specific round.
Whether it is about luck or knowledge of the sport, this one is not for the feint-hearted. Check out the different markets provided by Betway and see which one looks more probable.
Group of rounds
Normally, your bookmaker will provide a market for the group of rounds that you can predict a fighter to dispatch their colleague. It could be between 1-3, 4-6, 7-9, and lastly 10-12.
It is another way of getting yourself great wins from the handsome odds provided, given, you can research on the tendencies of fighting parties and draw up a conclusion.
Essentially, to become a boxing betting pro, you’ll need to have a strategic plan, and an implementation of the same.
But for these strategies to work, a sound knowledge of boxing is necessary. You can start on a slow note as you learn the drill, with time everything falls into place.