In order to get the best out of your bet, it is essential you find the best betting odds. Understanding how to interpret odds and knowing the specific boxing markets to bet on can truly make a life-changing difference to your profits.
If you’re new to the online betting industry, you may be asking yourself, “why do I need to choose a platform? Don’t all online betting sites offer the same odds and markets?”
Unfortunately for you, the answer is no. Various online sports betting platforms offer pretty distinguishably different boxing odds and markets, which is why you need our boxing odds comparison to find the best website for you. For example, if Anthony Joshua was placed at a 2/1 odds on one website to win, he could be as high as 5/1 on another platform.
The problem nowadays is that there are far too many online betting platforms, all of which are trying their best to provide the best cricket betting odds, boxing betting odds, and anything you can bet on betting odds in order to attract new customers. This makes it impossible to choose a platform which is why our boxing odds comparison tool is a must for you.
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What are boxing odds?
The vast majority of punters are already familiar with odds. You’ve heard it on TV, in films, and overheard it in various conversations at the pub, and so you begin to understand what it means when they say Buster Douglas had a 42-1 odds as the underdog who beat Mike Tyson. In boxing, however, betting odds are called money line bets. Let’s take a look at an example:
Let’s say: Floyd Mayweather -300 vs. Anthony Joshua +240
The money lines above are simply the numbers used to express the odds. The above indicates that Mayweather is the favorite, meaning that a $300 bet is needed to win $100. On the other hand, a +240 for Anthony Joshua suggests that he is the Underdog and you will win $240 if you bet $100.
In every boxing betting market, you will see a number with either a plus or minus sign next to it by the fighters’ names. The minus sign indicates that the player is a favorite, and so you need to bet the amount next to the minus sign to win $100. When the fighter is listed with a plus sign, it means he is the underdog. If you bet $100 on the fighter with the plus sign, then you will win the amount indicated by the player.
Note: you don’t have to bet $100 to win any money, it is just a round figure used to help punters understand the odds.
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How are boxing betting odds calculated?
In the 18th century, a man named William Ogden changed the perception of betting. Since Ancient Greeks were able to place bets on their chosen winner, Ogden decided to implement fixed odds on horse racing, which caused a huge surge of interest within the industry.
These betting odds have made their way over to all sports, and the changes can be seen on the boxing odds today. Boxing betting odds are displayed in one of three ways:
Decimal: Odds displayed as the amount you could win for every $1 bet.
Fractional: Odds displayed as a ratio of the winning stake.
American: Odds displayed as a number next to a plus or minus, showing the favorites and how much you can bet to win a certain amount.
So how are these calculated?
Simply put, odds are used to express the likelihood of an occurrence during a sporting or political event. The factors which bookmakers take into account when putting together the best boxing betting odds today are:
- Form of the fighter
- Fighting record
- Any previous injuries
- History or drama between the fighters
However, as with any sporting event, bookmakers are looking to make a profit (otherwise it would be the most generous career going). And so, when the best boxing odds are calculated, they factor in their exposure at betting exchanges and their profit margin. If this is all too hard for you to comprehend (as it is for us at the best of times), then we suggest checking out some of the best boxing odds comparisons and use calculators to identify the best boxing odds tomorrow brings!
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Online vs Offline boxing odds comparison
Have you ever noticed the sheer number of bookies on the highstreets of your town or city? Because believe it or not, many people still like to go to these establishments to place their bets. High-street betting offers its customers a sense of community, but these offline punters are missing out on the many benefits offered through online betting such as those offered on various Formula 1 odds.
Let’s check out the key differences below:
More Markets: Betting on boxing is very popular, especially when the battle of the titans is about to take place in the famous Las Vegas arena, you can guarantee there will be millions of dollars spent wagering on the winner.
However, sports such as football and horse racing are far more popular for regular bettors, which is why most offline bookmakers like to provide the best football odds and horse racing odds and not many boxing odds. This is why betting sites are more beneficial as they provide all the markets and odds for all sports.
Online Bonuses: Although the occasional betting bonus can be seen displayed on the window of a betting shop, there is simply no comparison to the number of benefits given by online betting sites. Price boots, matched deposits, risk-free bets, and refunds are all far better bonuses than those offered offline.
Convenience: Betting online allows punters to place a bet on the go, wherever they may be. It also means that you can check the status of your bet, and even have the chance to withdraw your bet early to take in some profits. On other hand, having a physical bet sleep from a high-street bookmaker may be more nostalgic, but doesn’t come with the convenience of online betting.
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Most popular boxing betting markets
Placing a wager on your favorite fighter may sound easy, but in reality, there are quite a few markets available for you to put your money on. Firstly, you need to understand that boxing wagers are placed on a money-line, which is the boxing equivalent for odds, as explained above. Having said that, let’s get right into the different boxing betting odds markets.
Bout Betting
Bout betting is the most straightforward bet in boxing, as this involves simply placing a bet on your winning fighter. This bet is also known as the outright win market. The winning fighter can win in any way possible such as a knock-out or decision. The wager you bet on is set out as a money line by the bookmaker, for example, -200 or +180.
Round Betting
This is where boxing betting becomes slightly more complicated. Round betting includes betting on the winning fighter as well as the round that the fight will end. This means that you can wager on a 2-way money line for the chance to return huge dividends. For example, a bet for an outright win for Anthony Joshua may be -180, whereas a round-specific bet may be a whopping +2200.
Over/Under Total Rounds
In addition to betting on the round the fight will end, you can also place a wager on if a fight will last below or above a certain number of rounds. For example, you may see the below bet offered at a bookmaker:
- Over 4.5 rounds -270
- Under 4.5 rounds +185
This bet does not factor in the winner of the fight, but only the duration.
Method Of Victory
So you can select the winning fighter, the round in which the fighter will defeat his opponent, and now, you can place a bet on how the fighter will win. If you are able to pinpoint a prediction of how your desired fighter will defeat your opponent, you can win some huge money. Methods can be grouped such as (Mayweather by TKO, KO, or DQ -145) or (Mayweather by KO +1300) - based on your bookmaker’s offers.
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Top boxing betting strategies
Now that we have explained to you the majority of ways you can place a boxing bet, you may want to try and understand the best strategies out there to make the best out of your money. Similar to the strategies offered for the majority of golf odds today, we’re going to give you three of our favorite best boxing betting odds strategies below:
- Arbitrage betting - As we now understand, different bookies can provide different odds on the same outcome. So why not take these to your advantage? If one site offers a -130 bet on one fighter and a +400 bet on the other, why not adjust your bet to guarantee yourself a win? This kind of strategic betting can slowly become a wonderful side-income.
- Lay betting - Instead of betting on an outcome happening, you can play a bet on an outcome of the event not happening. For example, instead of betting on Deontay Wilder to win his next fight, you can bet that he will NOT win his next fight in the opening rounds.
- Use online bonuses - Many online betting platforms offer new and existing customers fantastic bonuses, one of which are matched bets or deposits. This allows you the opportunity to place a bet using free credit offered to you by the site.
Visit Site Bet $1 and Get $200 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
Boxing betting odds tips: 5 Things to avoid
If you’ve ever placed a winning bet, you probably understand how easy it is to get distracted by the thrill and start placing impulsive bets thereafter. When looking for the best boxing betting odds, it is crucial you don’t make a mistake, as your own money is on the line. However, we are all human, and we do make mistakes, just try to avoid the mistakes below:
- Bet on the most famous boxer - Whenever one of the most hyped up boxers steps foot in the ring, many punters think that they are immediately the favorite without checking out any pre-match statistics. Although more often than not, these famous favorites tend to win, it is still worth your time to carry out the research on their opposition. Who knows, maybe you’ve discovered a new up-and-coming talent who will dominate the scene.
- Betting without checking - Online betting is wonderful as it means you can place a bet instantly without having to check - you simply click a couple of buttons and your money is gone! Whilst general errors can easily be made, it is always worth double checking your selection to ensure you’ve placed the correct bet.
- Rushing your decision - We’ve all been there. You log in to your online sportsbook of choice only to be welcomed by a huge banner that’s offering a too-good-to-be-true bet and so we decide to immediately stick some money on it without thinking about the actual bet itself. Or maybe you’re watching a live boxing match and decide to place a quick bet before the odds change. Although speed is important, it is essential you don’t be too impulsive.
- Placing many bets on all the odds - Betting sites have the advantage over sportsbooks in that they provide literally every odds for that given sport. However, it’s no good placing a bet on every outcome with the hopes that one will come through, as you can either reduce your overall profits or even make a loss. Concentrate on the fights that count.
Overcompensating your losses - This is probably the most common mistake that any bettor or gambler may make. Let’s say the last 4 bets you’ve made have unfortunately lost. So what do you do to recoup your loss? Bet bigger on the next fight. This is wrong. As you are more likely to lose again and lose more. Our advice is to stop thinking of each bet as an ongoing loss and treat each market as a completely different session.
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Best Boxing Odds Today
Finding the best boxing betting odds today requires a lot of research. Boxing odds today may not be the same boxing odds tomorrow. So, if you’re trying to find out how to get the best possible outcome for your bet, then make sure you use the following checklist to find the best boxing odds today.
Reputation - Make sure that you choose a bookmaker that has an outstanding reputation within its player base. Reputation ensures that the bookmaker is trusted and has excellent facilities such as customer services, bonuses, and payment options to ensure safety within your bet. The last thing you want when you win a considerable amount is to spend hours talking to customer support in order to withdraw your winnings.
Market - As discussed during this comprehensive review, there are a lot of boxing betting odds markets out there. So make sure you take your time to identify which sportsbooks offer the best boxing odds and markets.
Boxing betting odds - There is no way to guarantee that boxing odds tomorrow are going to be the same as the boxing odds today. However, with each online betting platform, you will start to notice a trend. If the boxing betting odds are consistent, then that platform is good to use.
Boxing Betting Odds Comparison - Top 5 Sportsbooks
Boxing has quickly become one of the most popular events to place a wager on at any online sportsbook. We’ve decided to rank our top 5 best boxing betting odds bookmakers below.
William Hill
William Hill is not only one of the oldest and most renowned sportsbooks in the world, but they are also a major sponsor for boxing. Their brand is usually embedded on the ring ropes and heavy-weight world champion Anthony Joshua is their ambassador. Therefore, the boxing betting odds offered at William Hill are simply some of the best in the game.
Ladbrokes
Placing a boxing bet at Ladbrokes is as easy as betting can be. The app is designed to help you place your bet effectively, and the information available on the website and the app allow you to make all the right decisions when placing your bet. Additionally, Ladbrokes likes to treat all of its punters with a cheeky £1 free bet every now and then, which we absolutely adore.
UniBet
From live streaming and in-play bets to wonderful bonuses and promotions, UniBet offers boxing fans a whole plethora of boxing betting goodies. Unibet offers continuously fantastic odds for boxing and allows you to watch the fight at the same time. Let’s not forget UniBet’s wonderful £100 added bet credits whenever you decide to sign up to the platform!
BetFred
Having been in business within the boxing betting industry for over half a century, BetFred have established themselves as a staple of British high-streets. However, they have kept up to date with the advancements in technology and have set up an amazing online betting platform that offers some of the best betting odds seen in today’s markets.
SportingBet
This sportsbook is part of a much larger GVC holdings group, which allows them to stretch their boxing coverage to unimaginable lengths. Not only can you place wagers on ongoing and up-and-coming fights, but you can even place wagers on fights which are yet to be confirmed at very generous odds.
Conclusion
In order to find the best boxing betting odds you need to go through a considerable amount of research and use boxing odds comparison tools like ours here at Strafe. However, the main take-away we want you to appreciate following this review is to ensure you have a solid strategy when it comes to boxing betting.
Use our boxing odds comparison tool, alongside thorough research on the fighters to make the most out of your bets.
FAQs - Best Boxing Odds
⏰When is the best time to place my boxing bet?
Boxing bets can typically be placed any time from when the fight is announced up until the in-play bets that are available during the fight. However, it is always best to place your bet once the weigh-in occurs in order to allow you to have a more well-rounded overview of both fighters.
🤩Is boxing betting legal?
Yes, it is, depending on the location from which you are placing your bet. Before using any online platform, ensure that the platform is licensed by the appropriate regulatory boards and read up on the terms and conditions..
🚀Can I use bonuses on my boxing bet?
Yes, many websites offer a variety of boxing betting bonuses that can be applied to your bet. In order to find the best boxing betting bonuses we recommend you check out our boxing bonuses here at Strafe and apply the ones that tickle your fancy..
