Betting has always been an integral part of the game of boxing. In the first half of the 20th century, the sport was manipulated by many shady characters in the criminal world. Match-fixing and betting scandals were a common phenomenon attached to this sport. Match-fixing is a rare occurrence nowadays, but still rears it’s ugly head from time to time. The match between Paul Briggs vs. Danny Green in July 2011 is such an example. Betting on boxing was always present, and it will be in the future. You will find many websites and blogs providing information and tips about how to bet on boxing. Understand how to bet on boxing, types of boxing bets, and in which online sports betting website to place your stake.
How to bet on boxing
There are different boxing betting markets available in online sport betting websites. You will find relevant information about the fighters on those websites before a major event. You will also find other possible range of bets on the specific fight. Straight picks is the simplest form of betting, where you have to select a fighter who is supposed to win. You will find this kind of bet on any premier sport betting websites like ufabet. For each fight, there is always a favored fighter and an underdog. Most bettors stake for the favorite, so the payoff is less than the underdog. If the odds of one fighter is +200 and odds of the opponent is -200, this implies the first fighter (+) is the odds favorite. You need to bet $200 in order to get a return of $100 if you win. As for the underdog in this example, a bet of $100 gives you a return of $200 if he wins the match.
Odds do not always denote who is the superior fighter, or how much possibility he has to win the match. Betting odds are to tempt wagers to place their bet. The bookmakers want to involve as many bettors as possible for both sides.
Entertainment value
Most players bet on sports like boxing for entertainment. Watching an exciting boxing match is thrilling, but it becomes more exhilarating when there is some money involved. Watching your chosen fighter is winning, add an extra dash of adrenaline. Your favorite fighter may not be in the ring on a daily basis. When you place a bet on a particular fighter, he becomes your hero, and you cheer him throughout the match. There is always excitement involved in betting, but it should not cloud your judgment while choosing the fighter.
Another aspect of sports betting is you can make some money out of it. Even if the bet sum is small, but at the end of the day, you can earn some extra cash from it. To choose the right fighter, you need to track his past performance. You need to be persistent, consistent and be in control of your emotion to be a successful sports bettor. You should bet the amount which you can afford to lose. Sports betting is another form of entertainment.