Boxing is one of the top categories when it comes to sports betting. It works similarly to other one-on-one matches. Just like in MMA, bettors predict who they think will win a fight, how they’ll do it, and how long it lasts, among others.
People who are more familiar with wagering on other sports like the NFL, NBA, or NHL will need to adjust a little when it comes to boxing betting.
So for this guide, we will talk about the different types of bets you can make for boxing odds and some tips on how to succeed here.
TYPES OF BOXING BETS
Online sportsbooks rarely offer more than six markets for wagering on a boxing match, even if it’s a big fight. Let’s take a look at the popular boxing betting types below.
A moneyline bet in boxing is the same as in other popular sports. Bettors decide on who they think will win a match and then place their bets on that fighter. But unlike other sports, picking a draw is possible in boxing betting.
Here’s a typical example of a heavyweight moneyline bet below.
- Deontay Wilder -250
- Tyson Fury +300
- Draw 2400
This kind of moneyline format follows American boxing odds. Bettors can often find this on US sportsbooks. With this bookmaker format, the favorite is represented with a negative sign, while the underdog has a positive.
In the above example, heavyweight Deontay Wilder is the favorite with a -250 boxing betting odds. The -250 means that a bettor will have to wager $250 to get a profit of $100. Meanwhile, Tyson Fury with a +300 means that you can win $300 if you bet $100. Betting on the draw (2400) and succeeding means that you will get $2,400 in winnings if you bet $100.
This is another example of a moneyline bet:
- Anthony Yarde -300
- Lyndon Arthur +200
- Draw 1200
Many international betting platforms use decimal or fractional format, like the one below:
- Manny Pacquiao 1.33 (1/3)
- Floyd Mayweather Jr 3.5 (5/2)
- Draw 26.0 (25/1)
You don’t necessarily have to bet $100 each time you wager. Placing a bet smaller than that is okay. The $100 is just the standard odds that sportsbooks have for moneyline bets.
Over/Under (O/U) Bets
Choosing the outright winner of a match isn’t the only way you can bet on boxing. The over/under format in sports betting is also another popular way to wager. It is pretty much a bet on the number of rounds a fight will last.
Betting on the over/under in boxing isn’t the same as wagering on the totals in other sports. The odds here are the same as with the moneyline. Rather than bet on a fighter, the wager is on whether it will go past a specific round.
Below is an example of how an over/under in Las Vegas would look like. This is for a match between Daniel Dubois and Joe Joyce.
- Over 10.5 Rounds (-120)
- Under 10.5 Rounds (-100)
Most sports betting sites consider an “over” bet to be successful if the fight goes more than 1 minute and 30 seconds in round 11. A fight that ends before this time means that the “under” bet wins.
However, some sportsbooks treat this approach differently. A fight that ends before round 11 goes to the under. On the other hand, the over wins if it lasts for more than 11 rounds. Matches that end on precisely the predicted round means that the bet is a “push.” It’s crucial that you understand the way your sportsbook handles the over/under round in boxing betting before placing a bet.
The potential profit for over/under sports betting can be higher than a moneyline wager if done right. If you don’t see much value in making the traditional outright winner bet, then you might find some when round betting on the over/under odds.
For instance, if Anthony Joshua is a heavy favorite at -600, then it may not be worth betting on him if he’s expected to dominate. But if you believe he can finish the fight in less than 11 rounds, then you might get a better payout with an O/U. Keep in mind that these over/under bets come with a moneyline attached, which represents the possible payout for every O/U wager.
Method of Victory Bets
If the two markets above aren’t giving as much value as you want for a match, then wagering on the method of victory may suit you. This type of bet is especially ideal if a fight is expected to be dominated by one fighter.
For this kind of wager, you have three options to decide how a match ends, which are:
This is how a method of victory bet will show up in a sportsbook against Saul Alvarez and Gennady Golovkin:
- Saul Canelo Alvarez by Stoppage -100
- Saul Canelo Alvarez on Points +100
- Gennady Golovkin by Stoppage +600
- Gennady Golovkin on Points +300
- Draw +2100
If you’ve done your research and believe a fighter can win in a certain way, then going for a method of victory wager may be ideal.
In a parlay, bettors can predict how the outcome of two or more fights in one night will happen. The main difference for this type of wager is that all of the boxers you’ve selected need to win. Placing a parlay bet on three matches and losing just one of them means that you lose.
Parlay betting involves a higher risk than other types of bets. However, it can be quite lucrative due to its significantly higher payout, even with little money on the betting lines.
Sportsbooks don’t often present parlays in a specific format in their systems. Sometimes you just have to add several wagers in your bet slip and then choose to make it a parlay if available. You then enter the amount you want to bet, and then the best boxing betting sites will do the rest for you.
Other Boxing Bets
The types of bets mentioned above are some of the common ways people wager on boxing nowadays. However, there may be other individual bets available in select sportsbooks. For example, you may be able to make boxing prop bets on one or more of the following:
- Is there going to be a knockdown in the fight?
- Will Option A TKO Option B?
- Can Option A defeat Option B by certain points?
- Will a particular fighter get penalized during the fight? (especially for cases like with Conor McGregor and Mike Tyson)
Many people go for this type of bet simply just to have fun. It can be quite enjoyable to try and predict specific outcomes from happening without placing too much money on the line.
BOXING BETTING TIPS
Now that you know what the possible bets are for boxing, you might want to get in there and start betting right away. But that’s not always a good idea. You see, it’s better to come prepared when money is at stake.
Let’s take a look at a few things to consider first before placing wagers on these fights.
Learn Stylistic Matchups
Not all fighters are the same. Some stick to a specific style, while others don’t fight the same when matched against a particular opponent. Smart bettors understand how these fighters operate and how their style matches with their next rival.
Will Kubrat Pulev’s style work against Dyllian Whyte if he performed as he did against Dereck Chisora? Can Carl Frampton’s technique overcome Vasyl Lomachenko, who is known for his volume punching?
A fighter that likes to slug it out may not be the best choice to wager on if their next opponent is quick and evasive. Fighters that don’t do well against counter punchers might also be a bad bet if their next opponent is a defensive specialist.
Take time to do your research and understand the different styles in boxing. Check out the boxing history of your chosen fighter and see if they struggled with anyone resembling their next opponent. You may find out that betting on them may or may not be the wisest choice.
Know Their Training Partners
Boxers usually surround themselves with people who can make them better. With an upcoming fight, a boxer will often get a sparring partner that emulates the same style of their next opponent. They may also bring in better fighters who can give them more insight and knowledge for their match.
If you want to bet smart, then you should look at who your chosen fighter is training with to make informed betting decisions.
Research Camp News
Many bettors overlook the idea of researching anything newsworthy that happens to their fighters. Most fight camps will provide news about how a boxer is going and update their progress for fans to know.
Rumors can quickly circulate within gyms as the fight camp moves forward. The goal for you here is to follow them and get details on what’s happening. Of course, you will want to be a little skeptical since not everything a fight camp releases is real.
Hearing news that a fighter is injured or struggling with a specific condition can impact how they perform in their upcoming match. Sometimes fight camps will also release fake news just to gain a psychological advantage on their opponents.
Whichever the case, follow the fight camp news but also filter out which stories are real and which ones aren’t. If there’s any doubt, you can always ditch the news and go ahead with the strategy you have in mind.
Don’t Be Swayed
The best advice that we can give you is not to listen to what other people have to say. Oftentimes people have a tendency to be emotional and may not be thinking straight for an upcoming fight.
That is why, as a smart bettor, you will want to avoid such public opinion and stick with the facts. The better fighter on the night of the match is often victorious. Doing your research instead can give you further insight that others may not be looking at in a fight.