There are three most popular types of boxing bets: the straight bet, the parlay, and the teaser. The straight bet is a wager on a single boxer to win the fight. A parlay is a bet on two or more boxers to win, with all boxers needing to win for the parlay to payout. A teaser is a type of parlay in which the point spread is adjusted in the bettor’s favor.
Moneyline bets are the simplest type of boxing bet. A moneyline bet is a wager on which boxer will win the fight, without regard to the point spread. The favorite is always listed with a minus sign (e.g. -200), while the underdog is listed with a plus sign (e.g. +150). A moneyline bet on the favorite pays out less than a bet on the underdog, reflecting the fact that the favorite is more likely to win.
Point Spread Bets
A point spread bet is a wager on which boxer will win the fight, taking into account the point spread. The favorite is always listed with a minus sign (e.g. -200), while the underdog is listed with a plus sign (e.g. +150). In a point spread bet, the favorite pays out less than the underdog, reflecting the fact that the favorite is more likely to win by a wider margin.
The point spread is a number assigned to reflect the expected margin of victory for the favorite. For example, if the point spread is -5, this means that the favorite is expected to win by 5 points or more. If the underdog is given a +5 spread, this means that it is expected to lose by 5 points or less.
Totals or Over/Under Bets
A totals or over/under bet is a wager on the total number of rounds fought in a match. The odds for this type of bet are always set at even money (e.g. +100). In a totals or over/under bet, you are betting that the total number of rounds will be either more (over) or less (under) than the set number. For example, if the total number of rounds is set at 9.5, you would bet that there would be more than 9.5 rounds fought in the match.
How to bet in boxing
If you are new to betting on boxing, the best way to get started is by placing a straight bet on the outcome of a fight. A straight bet is a wager on a single boxer to win the fight. The odds for a straight bet are typically listed as either a positive or negative number. For example, a boxer who is considered to be the favorite might be listed at -200, while an underdog would be at +150.
To win a straight bet, the boxer you pick must win the fight by knockout, decision, or disqualification. If your boxer loses or if the fight goes to a draw, you lose your bet. If you are looking for a more lucrative bet, you can try a parlay. A parlay is a bet on two or more boxers to win their fights, with all boxers needing to win for the parlay to payout.
The odds for a parlay are typically much higher than the odds for a straight bet, reflecting the increased risk involved. To win a parlay, all of the boxers you pick must win their fights by knockout, decision, or disqualification. If even one boxer loses or if any of the fights end in a draw, your parlay bet will be a loss.
If you want to reduce the risk involved in a parlay bet, you can try a teaser. A teaser is a type of parlay in which the point spread is adjusted in the bettor’s favor. For example, if the point spread for a fight is -5, a bettor could take the favorite with a +10 teaser (meaning that the favorite would need to win by 15 points or more to win the bet). Teaser bets typically have lower payouts than parlays, but they are also less risky.
Is it safe to bet on Boxing?
Boxing is a relatively safe sport to bet on. While there is always some risk involved in any type of wager, the odds are typically in favor of the favorite, meaning that it is difficult to lose money betting on boxing matches. Additionally, boxing matches often have a set total number of rounds, which makes over/under bets a relatively safe option. With careful research and sensible betting, you can make healthy profits by betting on boxing matches.