In the world of North American sports betting, boxing is a distant fifth or sixth, depending on which sportsbook you use. Despite being one of the first ever sports for fans to place their money on, boxing has dropped in significance, because of a variety of controversy’s within the sport, that have fans wondering if fights are fixed. If you are looking to change from the UFC to boxing this winter when gambling, you should read this guide on how to bet on boxing.
Boxing is a straightforward sport, in that there is only one type of way to wager on the fight, the money line. As we’ve indicated in previous articles, the money line is the universal straight wager, in that you are only required to risk money on the team or athlete you expect to win the fight. However, the main difference between that definition of the money line and boxing’s definition is the draw option. In this option, you have to risk a certain amount of money to get back more money, but it’s contingent on the fight ending in a draw. Meaning to say, if a bettor wagers on a fighter and not a draw, and the fight ends in a draw, you lose your wager. Here is how it appears.
Amir Khan +200
Marcos Maidana – 300
Draw +1000
In this example, Amir Khan is considered the underdog, as suggested by the positive integer in front of the 200. For all intents and purposes, fans of Khan have to wager $100 to get back $200. Maidana fans have to do the opposite, risking $300 to get back $100 because Maidana is the favorite. For a draw, because it seems unlikely, the bettor can win $1000 for wagering $100 on the bookie software outcome.
