Historians believe that an early form of boxing was practiced in Mesopotamia somewhere around the third millennium BCE. Modern boxing, however, started in the 19th century. In fact, some argue that the year 1867 was when modern boxing was born after the Marquess of Queensberry Rules were introduced.
Fast-forward to 2022 and boxing and MMA are some of the most popular sports on the planet, with championship bouts being among the most-watched sports events every year. In fact, some boxing bouts still hold the record as the most successful pay-per-view events in history. Mayweather vs. Pacquiao, for example, had a buyrate of 4,6 million, which is almost two times the number recorded by the most viewed UFC PPV fight, Khabib vs. McGregor.
Not only is boxing loved by sports fans, but the same also applies to sports bettors. People from all around the globe have been putting huge sums on major boxing bouts. The reason why they love this sport is that surprises often happen, with big underdogs defeating major favorites. Just think of the time when Andy Ruiz Jr. knocked out Anthony Joshua who was a -3333 favorite before the fight.
If all this has made you think about boxing betting, you’re at the right place. We’re now going to explain how to bet money on boxing in a way that maximizes your profits.
Choosing the Right Sportsbook
In order to bet on boxing, first, you need to find a place where you can do it. Luckily, there are literally thousands of betting sites in the world today, meaning that you will surely be able to find one that’s good for you. According to Brad King of Casinos Hub, the first thing you need to make sure that the sportsbook “is regulated and has passed stern tests on fairness”. In layman’s terms, this means that you need to find a good betting site that won’t scam you of your money.
Secondly, you need to check what kind of bonuses are there for you to grab. By taking advantage of bonus offers, you get to bet more without spending more money. Speaking of money, you should also pay attention to the odds offered by the sportsbook. Although you might not think that matters much, in the long run, even a tiny price difference can mean a lot.
Choosing Your Boxing Bets
The fight winner is the most popular market in boxing betting. One of its main selling points is that it’s simple – you put your money on the pugilist you think is going to win the fight.
Some bettors choose their picks based on their hunch or their love for the boxer. Others, take a more methodical approach. After taking all sorts of stats into account, they come up with their picks. Among those stats are the fighter’s previous record, age, recent form, injury news, and so on.
If you’re planning to bet on the favorite, but the odds are too short, there’s a solution to spice things up. You can bet on the method of victory. In boxing, a fight may end before or after the final bell. If you think it’s going to last the maximum number of rounds, you should go with the bet “fight to go the distance”.
However, if you think the fight will finish before the final bell, you have two betting options before you – knockout or technical knockout. Once again, you should make your pick based on the boxer’s stats, paying special attention to the method of victory.
Other types of boxing bets you can find at online betting sites include round totals (over/under), exact round when the fight will end, and so on. Some sportsbooks also offer the so-called prop bets, which are focused on things not necessarily related to what’s happening inside the ring. For instance, you can bet on the entrance song of one of the fighters.
Remember Than Boxing Betting is All About Fun
Boxing betting, as well as betting on any other sport, is meant to be fun. If it’s not fun, you better quit it. However, if you feel good while doing it, nothing is stopping you from indulging in boxing betting. Just make sure you don’t wager more money than you can afford. If you’re betting with the money you can afford, a good time is guaranteed.
The best advice we can give you is to think of boxing betting as a way to ensure fun and excitement. Even if the fight isn’t too exciting, it can turn it into a real thriller for you. If you win money, great. If not, who cares. After all, at least you enjoyed yourself!