Boxing Betting
Boxing is a popular sport, especially for gambling. Some of the biggest fights in the history of boxing occurred in casinos, though it is unclear whether boxing betting provoked the casinos into fight venues, or whether casinos stimulated the boxing betting activity by way of a carefully selected fight location. Regardless of which came first, it is clear that boxing and betting go hand in hand.
To open a boxing betting account, you can simply head to your favorite online sports book, where they will provide the lines on upcoming boxing matches. For those new to boxing betting, it is simple to read the line and odds for a specific boxing match. Let us look at the line for the upcoming Welterweight Bout between Floyd “Pretty Boy” Mayweather Jr. and John Manuel “Dinamita” Marquez. The actual line for the bout reads as follows:
Floyd “Pretty Boy” Mayweather Jr -350
Juan Manuel “Dinamita” Marquez +275
Simply read, Mayweather is heavily favored over Marquez. Digging deeper into the line, we notice Mayweather has a negative number after his name, while Marquez has a positive number. These numbers are known as the money line on the fight. The negative number expresses how much money must be wagered or bet on the boxing match participant in order to return $100. That being said, betting on a Mayweather win will return $100 in winnings for every $350 wagered.
By comparison, Marquez has a +275 after his name in the boxing odds line. This suggests that those people betting on the boxing match and selecting Marquez will earn $275 for every $100 bet. This is because positive numbers state a rate of return per $100 bet.
In addition to betting the outcome of a boxing match, boxing bettors can wager on the number of rounds a match goes. In the instance of the above match, the over/under is set at 11.5 rounds. This means we can bet on whether the bout goes longer than 11.5 rounds (the over bet), or lasts less time than 11.5 rounds (the under bet). In this match, the under pays $100 per $140 bet (-140), while paying even money on the over ($100 bet, $100 won).
Boxing matches can be bet by way of actually picking a winner or by the over/under in terms of how long a fight will last. As we get closer to fight day, the line can and does change. However, when betting on boxing, the line that is published at the time of action is the line you get for your boxing bet.