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Wagering on boxing has been very lucrative over the years for bettors. We’ll take a look at ways to minimize risk while maximizing profits, especially for the bettor looking to dip their toe into the pugilism betting pool for the first time.

Boxing betting: Ways to bet

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Do they get their money back or are their bets counted as losses? Find out more, including five facts about boxing betting you should know below. Draw in Money Line Bets. Money line bets are straightforward. You bet on one of the three major outcomes of a sports game: a loss, win or draw. In boxing, you mostly back either boxer with a bet. Just like in other sports, betting on the moneyline is betting on who will win the fight. For example, if the moneyline has McGregor at +150 and Nurmagomedov at -170, Nurmagomedov is favored to win and you would need to bet $170 just to win $100. If you place a $100. How does boxing betting work? The most common bet would be the moneyline bet. It's one of the most popular wagers when it comes to. Boxing matches consist of a certain number of rounds. Before any matchup, and dependent on the weight. On-point betting. In a fight where there is a clear favourite, picking an earlier round is usually wise. Round group betting. This is a simple variation on round betting, and it is actually easier to win. Rounds are grouped together so that you can bet on a certain range of rounds, for example, rounds 1-3 or rounds 4-7.

2-way betting: Each individual bout can simply be wagered upon picking a straight-up winner, similar to a moneyline bet in the other major sports, with a favorite and an underdog.

How Does Sports Betting Work

3-way betting: Each individual bout can be wagered upon picking a winner or by choosing to select a draw (or tie).Method of victory: If you like a fighter to win, but perhaps he is an overwhelming favorite, you can be more specific to mitigate your risk. There are a few different ways a bout can end. A fighter can win on points, either by KO/TKO/Technical Decision or disqualification (DQ).Round betting: Fights, particularly the big-ticket events, can be bet by picking a winner in a particular round. Rather than betting on the 2- or 3-way betting line, it can be more lucrative to bet on a fighter to finish his opponent in a particular round. It’s difficult to pinpoint, and sometimes it’s good to bet on several rounds to be on the safe side, but it can pay off very handsomely.

Boxing betting: Key betting terms to know

Favorite: The fighter who is more likely to win the fight will require more than your return on investment.Underdog: On the flip side, this is the fighter not expected to win. It can be more lucrative than taking the favorite, as you will return your stake and plus-money from your wager.Push or Draw: A wager which ends in a tie, which is not a losing ticket, but not a winning ticket, either. You simply receive your wager back.Chalk: This refers to a heavy favorite. For example, -200 and higher is considered heavy chalk.Parlay: If you were to bet two fighters to win on the 2-way line, for example, you would need to win each end of the bet to cash. You can still win a parlay if one end wins and the other is a push.

Boxing betting: How do odds work?

Boxing odds can vary greatly. Sometimes the favorite is not too expensive, but other times, particularly in undercard or preliminary events, the favorite can have rather high odds. For example, if you were to bet a heavy favorite at -800, you would need to risk $80 to profit just $10. An underdog wager at +550 would profit $55 on a $10 bet.

How Does Betting Work

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What Does +100 Mean In Betting

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