Sports betting has always been a popular way for people to gamble, especially for the ones who are big sports fans. When it comes to what sports people would wager on, there are only a few spots that would stand out and boxing is one of these.
Boxing is, without a doubt, still the most popular combat sport out there. People would travel to be able to watch big events with fighters like Floyd Mayweather Jr., Manny Pacquiao, and Ricky Hatton. If it will happen in Vegas, people will be there and for sure, the majority of those attendees have placed their bets on a fight during that night.
Boxing and gambling just really mix well together because adding thrill to what’s already thrilling enough are just always tempting for people. You can check Silentbet to know which betting site offers the best odds on boxing every time there’s an event. There’s a certain feel to it if you’re only wagering on an athlete instead of a team. The road to a fight night can be long and for some, it’s simply worth the wait.
Boxing betting is said to become more popular in the United States in the next few years as this is the trend since the 1990s, according to reports on the PPV purchase of boxing events since then. Apparently, in the 90s, the boxing PPV audience was only at .54 percent of the American population.
In 2010, this has grown to .3 percent. This just means that in the United States alone, people who would purchase PPV access to boxing events are somewhere between 1.7 and 1.9 million. Again, that’s only in the US. There still are other countries where boxing is bigger and where more people are betting on it. Here are some of these countries and something about them.
Betting on boxing in the US can also be a big industry in the near future. This is especially the fact that more and more states in the US are allowing the operations of local sports betting. In May 2018, the Supreme Court of the United States has stricken down the Professional and Amateur Sports Protection Act or PASPA of 1992.
Since then, sports betting is deemed federally legal in the US and it is now up to each state whether they want to legalize and regulate local sports betting. Currently, there are already over 20 states with legal local sports betting and this number is still expected to grow in the next few years.
- South Africa
This country has been a fan of boxing for a long time now. Boxing here is considered a prestigious sport and every boxing match, local and international, would have millions of viewers here. South Africa also produces a lot of fighters who are successful in the industry. Some of them are Clarence Walker, George Hunter, and Mike Bernardino.
- France
France is also known to have produced great fighters in the industry like Jean-Marc Mormeck, Jackson Chanet, Lauret Boudouani, and Fabrice Benichou. It also helps that sports betting is completely legal in the country. This is why people would really wager on big boxing events, local or international.
- Philippines
There are only a few fighters in the country that would really make the country feel like it’s a holiday whenever they go on matches. Manny Pacquiao, however, has to be one of the main reasons why the country is such a fan of boxing. Other popular fighters that the Philippines has produced are Nonito Donaire, Gabriel Elorde, and Gerry Penalosa. Betting is also big in the country as it is legal here, however, Filipinos are fond of betting amongst themselves.
- Ukraine
Many fighters hail from Eastern Europe and many of them are from Ukraine. Some of the popular fighter from this country are Wladimir Klitschko, Alexander Dimitrenko, Louis Kaplan, and Vitali Klitschko. The country also has millions of boxing fans, but when it comes to betting, it is still illegal in Ukraine. However, there’s no law that prohibits the locals to place bets on offshore-based bookies. This is why it’s still easy for the locals to bet on boxing.
- Australia
Australia is also known to have produced many great fighters on lower divisions like Dave Sands, Jeff Harding, Jeff Fenech, Les Darcy, and Lester Ellis. This makes Australia have a rich history in boxing and it is also known as a country that loves to gamble, and so you can always expect the local to place bets on big boxing events whether these are local or international events.
