Although many people overlook boxing when it comes to online betting, the sport is still a very healthy revenue stream for sportsbooks. With proper insights and a good betting strategy, it can also prove a lucrative avenue for the punter. Admittedly, it can be difficult for gamblers to find accessible sportsbooks online offering access for fixtures away from the most heavily promoted fights. However, once you have found a good online platform for betting, it is relatively straightforward to bet sensibly and enjoy serious returns.
Key things to remember when betting on fights
Once you have selected an online casino or betting platform, you can start adapting your betting strategy. One thing to keep at the forefront of your min is the so-called moneyline. Anyone who has some experience with sports betting in a general sense will have no trouble getting to grips with this. When looking at boxing fixtures to bet on, you’ll see a number listed after the name of the fighter. This will determine how much you will have to wager in order to see a return. If you are having trouble getting to grips with the concept, let’s consider an example for a hypothetical fight. One opponent may be listed as “FighterA – 500”. This line means you would have to wager 500 in order to see a profit of 100. The other opponent may have poorer odds as they are seen as the underdog. In this case, line might look something like “FighterB +300”. This means you can expect a win of 300 if you wager 100.
If you are looking to wager on less mainstream fights, getting a handle on moneylines is important. The most accessible fixtures with big favourites fighting will generally require you wager huge amounts of money to see a nominal return. Although you are more likely to win your bet if you throw your money behind a favourite, a win is by no means a given. In fact, you can lose substantial sums of money if a match takes a turn against your favour. Therefore, it makes sense to explore fixtures involving lesser-known participants, with tighter odds and more rewarding moneylines.
Avoid betting on every fights
If you are getting together for friends to watch a full night of boxing, it can be incredibly tempting to bet on most or all fights listed on the card. However, this carefree approach can cost you huge amounts of money and put a sizeable dent in any winning pot. It makes much more sense for you to focus squarely on a single fight. However, in order to ensure the best rate of return, you should take the time to research the essential criteria. Make sure you have done your homework when it comes to fighting styles and referee history.
Generally speaking, you should be putting this amount of effort into any bet you make, but it is unfeasible that you will be doing so for every fight on a card. You certainly will not have the time and energy to do so on the night itself, so clear a little time in your schedule to carry out an in-depth appraisal on a solitary fight instead.