How to wager on Boxing at bookies?
There are many punters in Australia that love boxing. Boxing in Australia includes all the famous fights and best-known Aussie boxers, including Lionel Rose, Les Darcy, Jeff Fenech, Kostya Tszyu, Tony and Anthony Mundine, and many more. Boxing in Australia is packed with personalities, stories and stats from boxing history. It covers the story of the first recorded fight, the popularity of the sport on the goldfields in the 1850s, the historical fight between Canadian Tommy Burns and African-American Jack Johnson in 1908, the famous travelling boxing shows, the tragic story of Les Darcy and stories of Indigenous champions. Punters have been laying their cash on the head-to-head battle since the sport was introduced and it’s never been more popular.
Boxing at online bookies
Betting on boxing isn’t just about which fighter will win, but legit bookmakers have a wealth of betting options which makes every fight an exciting and profitable fight. Many bookies cater to local punters like Sporting bet, Tatts Australia, Betfair, Bet365 and others. Apart from this there are offshore betting sites like Bovada.com. Bovada supply markets for all major and minor upcoming boxing fights. Their easy-to-use website allows punters to see the odds for win and draw on the same page, making betting decisions much easier than some other websites.
They offer competitive odds and they excel in offering value odds for the underdog fighters. They have markets for all the prime time fights available to be bet on right now. Moreover at offshore online bookies you can deposit or buy bet slip for boxing even with Bitcoins.
Betting for boxing
There are many different betting options for boxing, but the most popular option is the head-to-head bet. This bet simply means punters must select the winner of the fight. In most other sports, bookmakers would use a points spread system to even up the market difference, but this doesn’t apply when betting on boxing.
Some bookmakers will also offer a draw option. In this instance, for a fight where one fighter is the warm favourite, bookmakers will offer from $21 (+2000) – $41 (+4000) for a draw to occur. The draw is a relatively rare occurrence in boxing, but they are more frequent in the high-profile bouts.
When a draw occurs with a bookmaker that didn’t offer a draw option, odds will be halved. Mayweather’s original price of $1.31 would become 65 cents, therefore punters would lose more than their original bet. Bettors on Pacquiao will receive $1.51, which gives them a profit on their bet.
In method of result betting bettors select the method of victory in the fight. Fighters can win either by knockout, technical knockout, technical decision or disqualification.
Bettors can choose between these options: KO, TKO, TD, DQ or win by decision.
Winning by decision means that the fight goes the distance and the judges will decide the winner of the fight, based on a points scoring system. This method of victory is extremely popular for bettors, especially when the two fighters are evenly poised and a knockout isn’t expected.
The knockout option is the more exciting of the two and the odds will typically be more appealing, unless the fight is expected to be very one-sided.
Foreman is at the same odds for a knockout victory as he is for a victory by decision due to the unlikely nature of knocking Ali out. The clear top pick in this market is Ali by decision – this is because both fighters are of equal talent but Ali is expected to win the majority of the rounds.
In Round betting for boxing Punters can bet on which round they think the fight will stop in. Most fights range between 8-12 rounds which makes this option tough to figure out, however, the rewards are significant. Early round betting is where the odds are the biggest. Middle to late rounds are at shorter odds than the opening rounds but in an evenly-contested fight, odds for the later rounds will be around $20-$30 (+1900 – +2900).
In a 12-round fight between two fighters ranging in the $1.40-$2.80 market would be as follows:
- Boxer A ($1.40), Boxer B ($2.80) – head-to-head betting market.
- Round 1 – $67/$51
Round 2 – $51/$41
Round 3 – $41/$41
Round 4 – $41/$41
Round 5 – $34/$41
Round 6 – $34/$41
Round 7 – $34/$41
Round 8 – $29/$41
Round 9 – $26/$41
Round 10 – $26/$41
Round 11 – $26/$51
Round 12 – $26/$51
As the fight goes longer, boxer B drifts in the betting as the likelihood of a late knockout decreases. He starts out as the favourite in the early rounds but the two prices quickly become even before the well-favored boxer firms up in the market.
This betting option is extremely popular for bettors who seek quick and big payouts.
Exotic boxing betting options
There are a few exotic boxing betting options available, including knock down specials, will the fight go the distance and group betting.
Knock down specials apply to when boxers get knocked to the canvas, but don’t get knocked out and lose the fight. The fighter must receive a count from the ref for this bet to be legitimate.
- Amir Khan to get knocked down – $4.50
- Carl Froch to get knocked down – $5
- Both fighters to get knocked down – $17
Will the fight go the distance is a simple yes or no option for bettors. They must select whether or not the fight will last the full amount of rounds scheduled.
The majority of fights do go the distance, therefore the “Yes” option is usually well favoured and sits around the $1.33 (-300). The “No” option is around $3.25 (+225).
There are also a wealth of option available for alternate total rounds. Bookmakers will put up totals such as Over 9.5, 8.5, 7.5 etc, and punters must decide whether or not the boxing fight will have more or less rounds than the bookmakers are offering.
There are 17 different weight classes in boxing with the Heavyweight and Super Welterweight/welterweight divisions attracting the most popularity among bettors. Although there haven’t been any prime-time heavyweight bouts in recent history, the division is considered to be the pinnacle of boxing and the best fights throughout time have often included heavyweights.
Now simply visit any Australian bookie and on the sports lobby select boxing and try to place a bet for some wins.
