Boxing dates back as far as the year 3,000 BC, when ancient Egyptians participated in fights. This sport is still going strong today and has become very popular for betting purposes at sportsbooks. Millions of people worldwide gamble on boxing every year.
If you're interested in wagering on this sport, then you should check out the following boxing betting guide. It covers all you need to know on how to place wagers, different bet types, selecting a sportsbook, and much more.
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Many online sportsbooks feature boxing betting. Therefore, you'll have no shortage of options to choose from when wagering on professional boxing. If you need any help finding a quality sportsbook, though, you can start with the following best betting sites in Canada.
Unlike team sports such as baseball, basketball, or football, boxing doesn't have a set season. Nevertheless, it does feature something of an unofficial season.
Many fights take place between April and September. While bouts still happen outside of these months, the majority occur between spring and the early fall.
The number of fights that each pro boxer takes varies from case to case. Newer pros might have a boxing match every 1-2 months. After all, they typically only fight between four and six rounds.
More-experienced fighters have bouts lasting between eight and 12 rounds and only fight 2-3 times per year. These same athletes are generally in the biggest boxing matches in terms of fanfare and betting action.
Professional boxing features 18 weight classes. Eight of these are known as “glamour divisions” because they're part of the sport's “Original Eight” classes.
You can see all 18 weight classes along with the glamour divisions in bold:
The highest-profile boxing fights happen in the “glamour divisions”. These divisions draw the vast majority of boxing bets.
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Boxing odds come in three main forms, including American, decimal, and fractional. Given that this guide is focused on North American bettors, we'll stick with American odds for examples.
These odds indicate the favourite with a minus (-) sign and the underdog with a plus (+) sign. They use C$100 as a standard for how much you can win on the favourite or underdog.
Here's an example of how American odds work:
In this instance, you'd need to bet C$195 to win C$100 (profit) on Fury. Meanwhile, you'd wager C$100 to win C$160 (profit) on Joshua.
Boxing betting doesn't work much differently than team sports regarding the odds. The wager shown in the example is common throughout sports gambling. As explained in the next section, though, sportsbooks modify certain bet types to fit the parameters of boxing.
Most boxing bets take place online these days. After registering and depositing, you can browse an internet sportsbook's list of available boxing betting lines.
From here, you choose one or more wagers to put on a betting slip. Once you've confirmed the slip, your wager(s) will be live and can't be changed later.
That said, one of the simplest boxing betting tips is to double-check your slip before omitting it. This practice ensures that you'll only place desired boxing bets rather than accidental ones.
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You can enjoy a variety of boxing bets at land-based and online sportsbooks. Everything from moneylines to live wagers are available.
If you're an experienced sports gambler, then you may already be familiar with some of these bet types. Moneylines and live bets are especially common throughout the industry.
Some wagers are unique to boxing (and the UFC), however, such as round totals and method of victory (MOV). Therefore, you may be less familiar with these bet types. If so, you'll find the following information on different boxing bets to be helpful.
Most boxing matches end in a victory for one of the fighters. Moneyline betting involves selecting which of the fighters will win the bout.
Sportsbooks use moneyline odds to encourage gamblers to wager on both sides of betting lines. With the favourite, you'll be risking more money relative to the potential winnings. In contrast, underdogs pay more relative to the stake.
Here's how moneyline betting works:
Andrade is slightly favoured in this boxing match—hence how the potential winnings are lower than the stake. Meanwhile, you stand to win more on the underdog Murata with a smaller wager.
Moneyline bets are the most popular in boxing. You'll find these wagers available at literally every boxing betting site.
Normally, totals betting involves the combined score of two teams. Two basketball teams, for example, might have a total of 201.5. You'd wager on whether the combined score will be over or under this line.
With boxing, however, totals betting works differently. It provides an over/under on how many rounds a fight will last.
Here's an example:
If you take the over here, you'll be banking on the match lasting 10 rounds or more. With the under, you'll be hoping that the bout ends in nine or fewer rounds.
Assuming you like employing boxing betting strategy, then you can research history on the two fighters. You want to specifically look at the average distance that each fighter's matches go—especially the most-recent bouts.
Boxing matches can end in a variety of ways. Possible outcomes include knockout (KO), technical knockout (TKO), a unanimous decision, split decision, draw or a fighter retiring.
Some boxing betting sites offer wagers on the method of victory. They don't, however, list all of the potential outcomes as bet options. Instead, they focus on outcomes like KO/TKO and unanimous/split decisions.
Here's an example on how a MOV wager looks:
Draws rarely happen in boxing fights and carry long MOV odds. A KO/TKO or decision are the likelier outcomes and offer more-realistic odds.
Just like with round totals, you can employ plenty of boxing betting strategies on MOV wagers. One good approach involves studying each fighter's number of knockouts and decisions recently. You can make a more-informed wager by focusing on the two fighters' last 5-7 matches.
Floyd Mayweather, for example, took many fights to the distance during his career. He was usually a good bet to win by decision.
Round betting sounds similar to round totals. However, it differs slightly by revolving around the exact round that a fight will end.
Boxing betting sites have multiple ways that they can present these wagers. The simplest method involves asking you to pick the fighter who'll win in a certain round.
A more-complicated method requires you to choose the fighter and MOV in a specific round. For instance, you might have to guess if a fighter will win by KO or opponent disqualification.
The following example shows the simpler route:
Round wagers involve even more boxing betting strategy than round totals and MOV bets. You can pour considerable time into researching the rounds where fighters normally win.
Futures revolve around an event that'll happen in the distant future. For example, you might wager on which baseball team will win the World Series months in advance.
Futures aren't a big part of boxing betting. However, you might consider any bet placed shortly after a fight is announced to be a future. Major fights are announced several months in advance.
Here's an example of a futures wager:
If you pick one fighter immediately after the press conference, then you're wagering on a distant event. Much can happen in between the announcement and fight night. One of the fighters could get injured during training and, thus, foil early bettors.
The upside to placing a futures bet on boxing, though, is that you benefit from favourable early odds. In the above example, Lewis might show that he's in better form than everybody expects. Early Lennox backers would then gain more value from their wagers.
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Proposition bets revolve around outcomes that aren't associated with a fight's winner. They can include a number of scenarios and are only limited by a bookmaker's imagination.
Here are some examples of boxing prop bets:
Prop betting can be tricky because some of the propositions are unknown entities. Generally speaking, weirder prop bets leave less room for intricate boxing betting strategies. A wager regarding the color of a fighter's trunks might not always offer much concrete information.
Nevertheless, propositions do pose an interesting way to bet on boxing. You'll especially enjoy a wide variety of prop bets for the major fights.
Live betting has become all the rage in sports gambling. It gives you an opportunity to place wagers as a match is happening in real-time.
Many live wagers involve updated odds on pre-match bets. For example, sportsbooks will update the moneyline and package it as a new wager following each round. They'll use the momentum of the fight to determine who's gaining ground and losing it.
Here's an example:
Live bet after round five
Online sportsbooks provide more live-wagering opportunities for the biggest fights and world-title bouts. Referencing Floyd Mayweather again, his matches inspired hundreds of live bets.
Parlay betting includes two or more outcomes on the same ticket. You must win all outcomes on the ticket for a successful bet. Just one loss will result in a losing parlay wager.
Parlay payouts vary based on the odds behind each selected outcome. In any case, you stand to win more with parlays than single wagers.
When placing a boxing parlay bet, you might make the following selections:
Normally, a wager at -1000 would pay very little. When packaged with a parlay, though, it can be more lucrative.
You want to be careful with these bets, though, because they give sportsbooks a big advantage. In fact, one of the most-common boxing betting tips is to avoid parlays. However, you might successfully develop a betting strategy for parlays over time.
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Numerous boxing sportsbooks exist throughout the industry. You might not even know where to begin when looking for the best online sportsbooks for boxing betting.
However, you can make this matter easier by focusing on the following aspects. Odds, mobile gambling, bonuses, and safety/security are all crucial when seeking the best boxing betting sites.
Handicapping and other boxing betting strategies can only take you so far. Eventually, you also need to find fair odds (a.k.a. prices) that provide stronger long-term chances of winning.
Some online sportsbooks have a reputation for offering more-favourable odds than the competition. They don't take as much juice (a.k.a. vigorish) from the losing side of a wager. This lower juice means that the operator is also collecting a smaller cut of the overall action (a.k.a. “overround”).
Here's an example to illustrate this point:
William Hill line:
William Hill is offering the better price for this particular wager. Assuming you find a sportsbook that consistently provides more-favourable odds, then you stand to win additional money over time.
[mobile betting ops list]
You no longer have to travel to Las Vegas or another physical location to bet on boxing. Instead, many states now offer legal-and-regulated mobile wagering.
Most bookmakers realize that they need quality mobile service to remain competitive. Nevertheless, you can't take anything for granted.
You want to ensure that a boxing gambling site has a quality mobile app or browser-based wagering. Any boxing betting app should run smoothly and be easy to navigate.
Browser-based betting refers to when you make wagers directly through a mobile sportsbook's website rather than an app. It should also offer a clean interface and run without any hiccups.
Too many quality boxing mobile sportsbooks are available. You don't have to settle for anything less than the best when betting on boxing.
You don't need to rely on winnings alone with boxing betting. Instead, you can also take advantage of bonuses and other promotions.
Common boxing betting bonuses include:
Boxing bonuses are no doubt enticing. However, you don't want to lose sight of the terms and conditions (T&C's) involved.
Rollover is one of the most important terms. It refers to the multiple times that you must wager before cashing out bonus winnings. If your bonus is worth C$50 and rollover is 6x, for example, then you'll have to wager C$300.
Of course, rollover is just one part of earning boxing bonus funds. You should carefully review what other terms are involved as well.
Any decent online sportsbook will offer a secure website. After all, bookmakers need to ensure that hackers can't steal data from their customers.
Secure Sockets Layer (SSL) technology is the ideal method of website protection. It encrypts information exchanged between bettors and online sportsbooks.
Web browsers provide an indication on which sites are secure. Safari, for example, places a lock symbol next to a website's URL to show that it's safe.
You might also consider licensing when looking for reputable Canadian online sportsbooks. Canada feature a wide-open betting market, but it has recently taken steps towards a regulated market.
Bill C-218, which passed in 2021, gives provinces the right to regulate and tax sports betting. British Columbia and Ontario are among the provinces that are already taking advantage of this law.
Of course, many unregulated sportsbooks still operate in Canada. However, you can feel more comfortable when dealing with regulated bookmakers. Legal boxing sportsbooks are actually subject to the laws and regulations of their given jurisdiction.
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If you're like most boxing bettors, you don't have time to thoroughly evaluate each potential betting site. Therefore, you may experience difficulty in finding the best online sportsbooks for boxing betting on your own.
However, you can take a shortcut by checking out our reviews of the new betting sites in Canada where you can find some great options and get in on the boxing betting action. The GDC staff thoroughly evaluates online bookmakers by focusing on the criteria discussed above.
To recap, our main focuses include:
We also consider other important factors, such as banking options, customer support, markets and betting variety. Sportsbooks that excel in most/all of these categories earn the highest rankings on our list.
You're welcome to do your own research on internet sportsbooks too. Again, though, you can rely on GDC when looking for a shortcut to the top boxing betting sites.