There was a time, decades ago, when betting on boxing matches was just as popular as betting on football. Millions of people watched Cassius Clay (Muhammad Ali), Sonny Liston, and Ernie Terrell battle it out in the ring during the 1960s. The following decade, Joe Frazier and George Foreman joined Ali on the list of heavyweight champions before seeing Leon Spinks and Larry Holmes fight their way in.
Top Online Boxing Sportsbetting Sites
Since that time, however, the level of betting activity for the sport has dropped. During the late 1970s and early 1980s, many people grew distrustful of the judges and began to question their decisions (not to mention their motives). So, bettors predictably left. This exposes an opportunity for you at the top boxing betting sites.
Sporting events that attract few bettors usually have less juice built into the lines, and thus the lines tend to offer better betting odds. This is often the case at boxing betting sites. On this page, we’ll explain how you can get started and the types of bets you can place. We’ll also reveal our list of the top highly-recommended sites to bet on boxing matches.
How To Bet On Boxing: The Basics
Betting on boxing is uncomplicated. Wagers are placed based on a money line, with odds given to each boxer. Odds are also listed for a draw. On a straight money line bet, the line might look like the following:
Wladimir Klitschko -160
Alexander Povetkin +180
First, all sports betting money line bets include a favorite and an underdog. The boxer with the negative (i.e. minus) sign next to his name is the favorite. The above line means betting on Klitschko (the favorite) requires risking $160 to win $100. If, on the other hand, you choose to wager on Povetkin, you’ll stand to win $180 by risking $100. You can also bet on a draw, which, with the above line, you would win $1,500 by risking $100.
As a side note, if there is a draw, and you had placed your bet on either Klitschko or Povetkin, you would lose your money. Hence, it should not surprise you that boxing betting sites look forward to draws since they receive the bets on both sides of the line.
Besides straight money line wagers, you’ll also have the chance to place several types of proposition bets. For example, you can wager on the number of rounds fought. A typical line for this type of bet might look like the following:
Over 5 full rounds -170
Under 5 full rounds +140
If you wager that the fight will last “over 5 full rounds,” this means both boxers must be in the ring at the beginning of the sixth round. If you wager “under 5 full rounds,” you’re betting the boxing match will be stopped prior to the bell signaling the end of the fifth round. The odds represented by the above line work in the same manner as any other money line bet. That is, you’ll need to risk $170 to win $100 if you bet “over 5 full rounds.”
You’ll also be able to bet on the likelihood that one boxer will win by knockout or due to the fight being stopped. The following is a typical money line for this type of proposition bet:
David Haye by KO or stoppage -160
Nikolay Valuev by KO or stoppage +180
The odds work in the same manner as in previous examples. The noteworthy detail is that a fight that ends in a decision results in bettors losing on both sides of the line.
Our Highly-Recommended Boxing Betting Sites
There are dozens, perhaps hundreds, of boxing betting sites at which to place your bets. If you’re familiar with online sports betting, however, you already realize that very few of them offer an engaging experience. To do well betting on boxing matches, you need to have a short list of reliable online sportsbooks at which to shop the lines. Here are our top recommendations:
- Bodog Sportsbook – One of Bodog’s biggest strengths is that they have designed their betting software to be intuitive. It is easy to use, even for the first time. Also, a lot of other boxing betting sites offer sign-up bonuses that are buried under restrictions. These restrictions make clearing the bonuses difficult. Bodog is different. Their bonus is simple. They’ll give you a 10% instant and unlimited match on your first deposit. When you visit Bodog, use bonus code “130347” to lock your bonus in. For more information and access to promotions check out our page on Bodog Sportsbook.
As a regular sports bettor, you should maintain accounts with at least three boxing betting sites. That way, you can compare lines between them and take advantage of the best odds. Visit the online sportsbooks profiled above to get started.