How to Bet on Boxing Online
If you are new in this gambling world, it is important to learn how to bet on boxing online. This sport has been around since Ancient Greece times as their Olympic sport back in 688 B.C.
Boxing in the modern era was adopted into the Olympics in 1904. Since it first became a sport, there have been many changes to boxing as we know it today. In this article, we will explain how to bet on the boxing sport and help you get to grips with the basics of boxing betting. So, make sure you keep reading!
Before we learn how to bet on boxing online, this sport is simple to bet on. It only takes a few minutes to familiarize yourself with how it works. The three most basic results for a fighter in boxing are:
Also, compared to other sports, boxing has a smaller number of primary markets; the most popular bet is the fight’s outcome. Well, simply betting on which fighter will win.
To give you an early idea of how to bet on boxing online, let’s take an example of the August 2023 fight between Oleksandr Usyk and Daniel Dubois. As a heavyweight bout between two fighters, this is a very high-profile contest. To make a bet on this fight, head to your favorite online sports betting Malaysia and search for the bout.
With American or moneyline odds, the negative number shows the favorite, and the positive number is the underdog. For this fight competition, Usyk is priced at -1000, making him a very strong favorite to beat Dubois, who is priced at +600.
It is important to remember that how to bet on boxing online includes the option of a draw or a tie. Draws are not all that common in boxing, however, they can occur as with Tyson Fury and Deontay Wilder back in December 2018.
With this example, the odds of a draw are +2500 or not very likely. It means that for every MYR 100 bet, you will get a winning of MYR 2,500. This market is usually used in close match-ups where it’s really hard to call a clear winner in advance.
Boxing can be a big sport to bet on, however, you need to figure out how to bet on boxing online to make winnings. It’s difficult to make a decision at such short odds because you’ll see that many fights are one-sided with an obvious favorite, at least according to the first betting lines.
However, some betting strategies will allow you to win more from your bets. Some casinos don’t involve simply picking a fight winner, these boxing strategies may create more chances for you to win big.
First thing you need to do on how to bet on boxing online, take your time to research on the fighters, their recent performances, fighting styles, strengths and weaknesses, and historical matchups is important. Analyzing the factors like fighter records, knockout rates, and previous opponents will help you make more informed betting decisions.
For example, if a boxer has a winning record and is facing an opponent with poor defense, you might think about backing the fighter using a knockout strategy.
The next important thing on how to bet on boxing online, you can stick to the more popular and well-understood betting markets, especially if you are new in sports betting. The markets like outright winner, round betting, and method of winning are easier to grasp and offer a good foundation for your strategy.
For example, if you are new to boxing betting, you can focus on predicting the outright winner or the method of winning for a fighter in a popular weight class. This may be a great starting point before delving into more complex or niche markets.
On how to bet on boxing online, prop bets involve placing bets on specific events within a match, like the number of total punches thrown or whether a specific fighter could be knocked down and when. These bets need a deeper understanding of the fighter’s styles and tendencies. Choosing prop bets is a fun way to bet on bouts.
For instance, by placing a bet on a defensive-minded fighter to score a Round 1 knockdown against an aggressive opponent, this may provide good value odds.
Not only on how to bet on boxing online, proper bankroll management is important to any betting strategy. So, decide how much you are willing to risk on every bet. You need to avoid betting more than a small percentage of your total bankroll on a single bout.
This approach will help you better manage losses. For instance, if your total betting is MYR 500, you can consider limiting each bet to a maximum of 2 – 3%, which will be MYR 10 to MYR 15 per bet.
The last thing you need to know, you can consider to choose Parlay in this sport. Parlays betting involves combining interconnected bets like predicting a fighter’s winning alongside an Over Under betting total rounds. It can give higher payouts, however, it needs a deeper understanding of the matchups and the sport.
You already know how to bet on boxing online. Now, it is your time to have some fun and place some bets! We also have other related articles which are dedicated to sports betting online. You can choose one and you are on your way to becoming the next boxing bettor you can be!
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