Boxing Betting
Betting in boxing is placing a wager on the outcome of a boxing match. Moneyline is the format commonly use in the United States for displaying the odds on a sporting event. Odds are placed next to each competing boxer’s name. The boxer with the negative number is the favorite or the one with the greater chance of winning and the boxer with the positive number is the underdog. Odds are always based on $100.
A better way to explain the moneyline is by giving an example. Three weeks before the Pacquiao - De La Hoya Dec. 6 match, the odds of the fight according to betus.com are:
| Manny Pacquiao | -185 |
| Oscar De La Hoya | +250 |
| Draw | +2000 |
A bet of $100 on Manny Pacquiao will win $185 while one has to bet $250 to win $100 on Oscar de la Hoya. Or for every bet of $1 on Pacquiao will win $1.85 while a bet of $2.50 on De La Hoya will win $1.
If the fight ends in draw, a bet of $100 on draw will win $2000.
A bookmaker (one who takes the bets) can propose a variance to the betting odds. This is called proposition bets or props. One of these is the total or over/under bet. In boxing, you bet on how many rounds the fight will last.
A better way to explain the over/under bet is by giving an example. Two weeks before the Hatton - Malignaggi Nov. 22 match, the odds of the fight according to betus.com are:
| 11½ { | O -350 |
| U +250 |
A round in boxing is 3 minutes. If after 1½ minutes of the 11th round the boxers are still fighting and you bet on OVER, your $100 will win $350. If the fight is over before 11½ round, your bet of $250 on UNDER will win $100 whoever the boxer win.
Other props are what round the fight will last and how the fight will end.
