The Best Tips You Must Use in Boxing Betting
Today betting is prevalent in most games and sports. However, before you bet you need to understand the peculiarities of the sport that you are betting on. If you are a boxing enthusiast, you could use your know-how and passion to place bets. It is a lucrative hobby for many, made easily accessible by many betting sites these days. However, in order to make the best of the odds and bets made available at any sports betting site or at a live game, there are certain strategies and tips you need to know.
Betting on Boxing
If you are learning how to bet on this sport, know that this is one of the popular sports on which betting happens. Many big fights happen around the world, mostly around holidays and weekends. Boxing is known as a money line sport. There are different kinds of props that you can find to bet on during a particular fight. As per predictive stats, there might not be as much information as found in other sports betting such as horseracing or cricket. However, handicappers need to see the fights and anecdotal evidence that is found during fights.
Did you know that in the early part of the 20th century, baseball and boxing were the most popular sports on which people in America bet the most? Today it is a sport that usually gets maximum attention on big fights, which are held at certain times of the year. Indeed, watching big fights has always been thrilling, especially as a shared experience, for fans of the sport.
Terms to Know
If you wish to know how to bet on UFC, there are certain terms which you need to be familiar about:
- Boxing Money Lines
This is a money-line sport. This term means that there are usually two fighters who will have money lines listed next to their names. For example, if two boxers are specified, Jacob and Canelo, their game odds might be listed as Canelo: -450 (with a bet of $450 you can win $100). Jacob on the other hand could be listed as +350 (a $100 bet can win one $350). For those unfamiliar with such terms, these odds need to be put in context. Boxing matches usually have favorites. Hence, every fight usually has a most likely winner and an underdog. One of the fighters would be placed a class above in terms of their boxing skill. Hence, you could also have a betting situation where a fighter is priced at odds of 1000 where $1000 returns a maximum win of $100.
- Over or Under
These terms refer to a number of rounds. That is, a bettor chooses to bet on how many rounds would be completed in a particular game. Hence, if you bet over 9 rounds at +110, this means that, if this condition is met, a bet of $100 will get a win of $110. When it comes to betting under 9 rounds, the odds could be -130, indicating that $130 will get one a win amount of $100. So, in this example, the over or under the assumption is based on 9 rounds. If you bet on the over, the fight needs to pass the mark 1:30 by round 9. If you bet on under, the fight needs to end before the 1:30 mark is reached in the 9th round.
- Implied Probability
When you are about to bet on a fight, you need to understand how the odds translate to probability percentage. Odds always correlate to a certain probability. There are ready converters and calculators available at the betting sites these days which help bettors to see the probability percentages clearly. For instance, if you were analyzing the odds of the fight between Jacobs and Canelo at Westgate Superbook, it could show that Canelo is at -450. This converts Canelo’s odds as 78.6% which puts Jacob’s at 21.4%. You could think that Alvarez is more likely to win the fight, about 78.6% while Jacob is likely to win the fight 21.4%. It depends on which odd you wish to bet upon, as per the player you wish to support.
- Fight Record of Fighters
Fundamentals of this sport would include you knowing the number of losses a fighter has made. If a fighter has had 0 losses then the fighter is more marketable. Casual bettors are usually drawn towards boxers who have better records. If you are comparing two professionals, then you need to see their past performances against each other or other fighters. The kind of opponents a fighter has faced would showcase how good they are.
Statistics to Know
Now that you are familiar with the different terms of boxing betting, you need to get a low down on certain statistics before you bet on any fight. As in all other types of sports, there are many predictive stats that can give bettors the edge of knowledge. In boxing, there is certain data that is important to know. These are usually subjective or anecdotal evidence. Many sites publish the following statistics which are real-time data for ongoing matches:
- Jabs in each round.
- Punches were thrown or landed.
- Power punches in every round.
These are the stats that are considered important when judging who would be the winner in a fight. These also impact how the judges will rate the rounds. For instance, if a fighter is more active, it would look like he or she is likely to win a fight. When a fighter throws or lands power shots more than the opponent, then this fighter is likely to win. Also, the jab is important as well. Fighters who are successful with the jabs usually win. Those who use the jab in an effective manner are usually on the front foot. They are in a good position to land power jabs while the opponent is usually in a defensive position.
Conclusion
When it comes to betting on boxing matches, past as well as live or in-game statistics are important. Hence, betting should ideally be done when following a boxing match in real-time. Today many sports betting sites offer members a live stream of the matches they bet upon.
