Boxing odds are relatively straightforward, making boxing one of the easiest sports to bet on. The sport has given the world some of the most respected superstars of our time. The likes of Muhammad Ali, Sugar Ray Robinson and Mike Tyson are responsible for boxing enthusiasts winning millions of dollars in bets. Boxing is a sport played between two individuals, and there is only three ways the match can go. The red corner fighter could win, the fighter in the blue corner could win, or the match could end in a draw.
The boxing odds market has a wide range of betting options besides that the standard prediction on who will win the match. Bettors can place a bet at top us casinos on how the fight will end or which round the championship fight will end. Boxing has four main betting options, and the odds are mostly presented in a money line form. It is essential that bettors know how to read boxing odds. If you have been asking yourself how do boxing odds work, sit back and read more here.
The odds on a boxing fighting can get a bit confusing if you can’t read them. Usually, the boxing betting odds will look like this:
Floyd Mayweather (-250)
Miguel Cotto (+150)
Many sportsbooks have boxing odds calculator available for bettors to use. The odds calculator can help bettors determine how much they could win based on how much they decide to wager.
In a fight between Mayweather and Cotto, Mayweather would be the favourite and Cotto would be the underdog. The favourite is represented with the negative number and the underdog with a positive number.
If you were to bet on Mayweather, you would have to risk $250USD to win $100USD.
If you were to bet on the underdog, you would have to risk $100USD to win $150USD.
Betting on the favourite means taking a more significant risk, and the underdog bet is most likely to payout at a better rate.
Totals Odds in Boxing Betting
Bettors will come across boxing odds Las Vegas as most sportsbooks in Vegas and around the US place odds on the total amount of rounds a fight will go. The bets are not placed on a specific fighter but whether or not the fight will go over or under the number of rounds the sportsbook has set.
The totals odds would look like this:
Over 9.5 round (-125)
Under 9.5 rounds (+110)
If you think the fight will go over 9.5 rounds, you will have to place a wager of $125 to win $100.
If thou think the fight will go under 9.5 rounds, you have to make a wager of $100 to win $110
You may be wondering how a fight can be 9.5 rounds. Each round in professional boxing is 3 minutes long. To cash in on the overs bet, the fight would have to go over the one minute thirty seconds (1:30) mark in round 9. To win the under bet, the fight would have to end before the 1:30 mark in round 9.
Other Boxing Props
There are several other boxing betting options such as props bettors can bet on. The most common props include the Method of victory, where bettors place a wager on how the fight will end. The time of victory refers to the time at which a round will the fight end. Another prop is whether or not the fight will go the distance, which is a yes or no bet. Bettors can also place bets on which round they think a specific boxer will win.
Understanding Boxing Odds
Placing boxing odds is relatively easy. Once players understand the various boxing odds and how they all work, they will have an advantage over the bettors who are taking betting lines thoughtlessly. At first glance, boxing odds will come across as challenging to read and understand. However, in like manner to the simplicity of two boxers giving it their all in the ring, boxing betting odds are uncomplicated and straightforward. Now that you are ready to place your boxing bets, head on over to the reputable sportsbooks we mentioned above to place your bet.