Boxing is one of the oldest sports in the world and as a result has always had a close relationship with betting and gambling. In the past few years, the sport has increased in popularity and coverage; with the onslaught of Sky Sports and the ongoing success of British boxers, especially on the world stage. For example, who has not heard of Ricky Hatton, Amir Khan, and David Haye; and what has made it even better is that they are very marketable and have a very loyal fan base.
Boxing is perfect for both bookmakers and punters alike, as it presents the ideal opportunity for both parties to make money; and punters have the added thrill of Live In Play Betting, which does make the occasion even more exciting. Most established and trusted bookmakers like Sportingbet will offer a comprehensive range of betting markets and In Play betting as standard for nearly all boxing matches.
In general, there are six main bet types to consider:
- Fight Winner: which is where one choose one of three outcomes – either one of the fighters to win or a draw. Usually there is an overwhelming favourite, with the other two outcomes having relatively long odds, especially when it comes to the Draw.
- Round Betting: This allows the punter to wager on the fighter to win and which round it going to happen. Anyone who gets this right will be able to cash in big time, as the odds on getting this prediction right are quite rewarding.
- Round Group Betting (Bands): This type of betting is similar to Round Betting, but a lot more flexible. As it allows the punter the who is going to win in a specific set of rounds; this way more easier than choosing the fighter and in which specific round it going to happen.
- Method of Victory: In this scenario, customers are given the opportunity to predict how the outcome is to happen, and can choose from the following: Knockout, Technical Knockout and Disqualification. In some cases, the bookmaker will have two options here, where they will have a combination of the three associated with each fighter or the punter will have to decide on the one specific method of victory.
- Will the fight go the distance: This is usually presented as a simple yes or no bet; as to whether the punter believes the fight will last all the allotted rounds.
- Over/Under Rounds (Total Rounds): This allows the customer to decide on whether the fight will last under or over a certain number of rounds.
These bet types provide the opportunity, if used correctly, to win serious cash. However, like all sports betting propositions, one must consider a number of factors and have all relevant information to be able to have the best chances of predicting the outcome.
Keep In Mind
Therefore, in order to maximise the probability of predicting the outcome and being able to turn a profit, one must keep the following in mind:
- Do not let recent form be the main factor in deciding who will win the match. A perfect example of this is when Manny Pacquiao was the odds on favourite in 2011 to beat Marquez; this was in spite of the fact that in their last two fights together, there was very little to separate the two. Manny did go on to win the fight, with the help of a judging decision. But to prove the point on past form, the next time the two fighters met, Manny was knocked out in the 6th round by Marquez!
- Don’t believe the hype. There is a tendency for punters to favour the boxers who have charm and flare, especially during the press conferences and weigh-ins.
- Don’t forget the judges. It is quite true that one never really expects any match to go the distance. However, it is worth remembering that approximately a third of professional fights are decided on points. So looking at the judges and how they handles past decisions can be a worthwhile exercise, especially when they are in a highly pressurized situation and have to make a subjective decision.
- Always do your homework and review everything about the fighters, their background, training habits, trainer and sparring interviews etc.
So, armed with all this advice and information, boxing fans should be well prepared to take on the bookie, win some cash and enjoy the fight!