In the world of boxing, there are many different ways to bet on a fight. Some people might bet on who they think will win, while others might bet on how the fight will play out. Regardless of how you choose to bet, it’s important to have a general understanding of the sport and the strategies that fighters use in order to give yourself the best chance at winning some money. In this article, we’ll take a look at some basic tips and strategies for betting on boxing matches.
Before you place a bet on a boxing match, make sure that you’ve done your homework. It’s never a good idea to just randomly pick a fighter and throw some money down on them without knowing anything about their history or what they’re capable of doing. This is especially true if you’re going to be betting a lot of money on the fight.
One of the best ways to choose a fighter that you think has a good chance at winning is by doing some research on their previous fights, particularly the fights against similar opponents. This will give you an idea of what kind of style they have and how well they do in certain situations. You can also take advantage of free boxing betting sites like this to stay up to date on the latest sports news and game odds.
Another good strategy that you can use is looking at how each fighter has done in similar matches, such as how often they end in decisions or knockouts. These statistics will give you an idea of whether or not a fight will be an exciting one or a fight that ends quickly. This can be a good thing to know when you’re betting on the winner because it lets you avoid fighters who are likely to end in a knockout or another sort of quick ending.
One final strategy that you might want to use is comparing how your fighter matches up against their opponent’s style. For example, if you have a fighter who is known for being able to knock people out, but they’re going up against an opponent who has never been knocked out before, the odds are probably not in your favor. You should also consider their strengths and weaknesses so that you can avoid underdogs that might be too much to overcome.
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Of course, not everything is always predictable, and there are still situations where you can lose money despite using these strategies. If your fighter ends up losing the match for any reason, don’t try to say that their strategy was wrong or blame them for taking a dive. After all, sometimes fights are won on random chance instead of who the better fighter is.
How Popular Is Boxing Betting?
In the US, boxing betting is a huge industry with millions of dollars being bet on each event that takes place. In fact, in 2012 about Â$2.5 billion dollars was wagered on boxing matches alone. It’s estimated that approximately $250 million dollars is placed in bets on any given fight between two well-known fighters.
The popularity of boxing betting in the US is largely attributed to the fact that while there are numerous sportsbooks, most of them take a very limited number of bets. For example, online sportsbooks only allow bettors to make a handful of wagers on any one event, which can oftentimes make it difficult for those who want to be as diversified as possible. In contrast, boxing betting allows bettors to wager on almost anything that they might be interested in, including the total number of rounds for a given fight to whether or not there will be an upset.
The Future Of Boxing Betting
While the popularity of most sports is on a downward trend with betting, boxing betting has been increasing in popularity over the last several years. One possible explanation for this phenomenon is that with most events there are very limited ways to bet on them, such as who will win or lose and what the final score might be. This often leads to bets being placed on things that might seem to have a very low likelihood of happening, such as who will score the first goal in a hockey match. In contrast, boxing betting allows bettors to place more personalized bets that they’re more likely to be certain about, such as whether or not there will be a knockout or what round it may occur in.
The rise of new technology in betting such as blockchain betting sites also contributes to the explosion of the betting environment including boxing. Blockchain and crypto betting sites are able to offer great transparency in the match-making process because they will be open for all bettors to review. This makes them trustworthy enough that many bettors prefer to use the services they provide instead of traditional bookies or sportsbooks. It also allows reputable sportsbooks to take bets from anywhere in the world without having any major concerns about the fairness of the match-ups.
Boxing betting can be a challenging sport to get into, but the more you learn about it, the easier it becomes. We hope that this article has helped clarify some of the basics for you and given you an idea of how to start boxing betting in order to have success with your bets.
Roberto Villa is the CEO, Founder, Executive Writer, Senior Editor of FightBook MMA. Has a passion for Combat Sports and also a podcast host for Sitting Ringside. He’s also a former MMA fighter and Kickboxer.
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