Boxing has always been the best combat sport, and it has gathered many fans over the years. The recent surge in gambling activities has made boxing one of the popular sports competitions among punters. Each match offers gamblers diverse betting markets to try their luck at hitting the jackpot. The simplicity of boxing betting makes it easier for bettors to wager their bets. More so, their eagerness to place bets on famous boxers keeps them attracted to betting on the sport. This article discusses the rise of boxing betting, its diverse betting markets, and popular upcoming boxing matches.
The Rise of Boxing Betting
The rise of boxing's popularity has attracted millions of punters and bettors across the globe. No doubt, some factors are responsible for the increased recognition among bettors. Below are some factors responsible for the significant increase:
- High-Profile Fights and Competitions: Clashes between fighters, especially the top ones, have always attracted interest from fans and journalists. Such events stir high anticipation and command wide coverage, sparking buzz that captivates dedicated fans and casual viewers. This ripple of excitement also spreads across the gambling industry, with gamblers longing to bet on possible outcomes. This contributed to the recent traction of the sort gains in the industry.
- Clear and Simple Betting Options: Combat sports generally involve two opponents. It makes wagering more straightforward. Because a boxer is expected to either win or lose, this simple structure helps bettors to make better betting decisions. Note that ties sometimes occur, but it is rare.
- Increased Accessibility To Bookmakers: Recent innovations and technological advancements have made gambling platforms more accessible. With the incorporation of Sportsbooks on mobile gadgets, bettors can punt on the internet with ease. This makes wagering on their favourite matches seamless and increasing.
- Emergence of In-Play: Wagering on fights already in progress can improve market selections. The recent rise in tech has made most sportsbooks integrate the In-play bet. This feature has made boxing betting a more entertaining and engaging adventure.
- Celebrity and Media Influence: As common with other sports stars, famous boxers tend to have a huge fan base and followers. As a celebrity, they promote events, endorse products, and appear on shoes. Their activities often create more public visibility for the sport. Hence, it entices more punters and bettors to wager on their favourite boxers.
Common Markets in Boxing
Combat sports generally have incredible markets for punters, clashes between boxers inclusive. Whether you're a seasoned player or a newbie, you will find them thrilling and easy to understand. They include:
- Match Result: This is a common option that is available in all sports. Otherwise known as Moneyline, it involves gamblers wagering on whether a boxer will win or lose a match. The odds are often displayed such that the underdog has higher odds, while the favourite to win has lower odds.
- Winning Method: Bettors get to choose how a fighter will win the match. Players can bet on a win by knockout or technical knockout. Alternatively, you can choose that the judges' decision will settle the clash, and it can be majority, split, or unanimously. The third option is a win by disqualification.
- Exact Round: This market allows bettors to wager on the exact round a boxing match would end. Due to its risky probability and difficulty level, this market often has higher odds than others.
- Multiple Rounds: Unlike punting on exact winning rounds, this allows gamblers to wager on a range of rounds. For example, bettors can bet that a boxer would win round 1–3 or 4–6, etc. This appears to be safer than the exact round market.
- Over/Under Rounds: It involves wagering on the number of rounds a boxing match would last, over or under. You can either predict that the clash will exceed the number of rounds or fall below it. For instance, if a line stands at 8.5 rounds, players can bet whether the match will end before or go beyond 8.5 rounds.
- Knockdown: In this market, players wager on whether a boxer will be knocked down during the match or not. You get to choose which player and what round they would be knocked down.
- Total Knockdowns: This is another exciting option you can bet on. You can bet on the total number of possible knockdowns expected in the match, irrespective of the boxer knocked down.
Top Five Upcoming Boxing Matches: Odds Review
The combat sports industry has seen some exciting clashes this year. But that's not all, as we anticipate many epic fights. Here are some upcoming fights and how the bookies favour the boxers:
Tyson Fury vs. Oleksandr Usyk (May 18, 2024)
This is a big match much anticipated by boxing enthusiasts. It will be a tight match as both fighters have close odds, with Fury's odds at 1.83 and Usyk's at 1.93. Fury enjoys slight favouritism due to his huge structure and recent performances.
Mark Chamberlain vs Oluwaseun Joshua Wahab (May 18, 2024)
This is a Lightweight clash scheduled to take place in Kingdom Arena in Riyadh; with a 1.1 odds, Chamberlain is the favourite to win the upcoming bout against Wahab, who is the underdog with betting odds of 8.0.
Emanuel Navarrete vs. Denys Berinchyk (May 19, 2024)
On May 19, Navarrete will face off with Berinchyk in a battle for the WBO lightweight title. Owning a 4.80 odds, Berinchyk seems to be the underdog against the taller and more powerful Navarrete, who has 1.16 odds.
Josh Taylor vs Jack Catterall (May 25, 2024)
The upcoming bout between Josh Taylor and Jack Catterall is another betting opportunity for punters. The two fighters are formidable opponents. Hence, the two boxers rated 1.90 odds hinted that they have equal chances of winning.
Jake Paul vs. Mike Tyson (July 21, 2024)
The fight between one of the most revered boxing veterans, Mike Tyson, and his long-term admirer, Jake Paul, is set to stir up the boxing world soon. The old taker, Tyson, has 2.48 odds while the younger and favourite boxer, Paul, has 1.55 odds.
Boxing Betting Evolution Among Gamblers
The use of rich historical records, straightforward options, in-play, and other opportunities has transformed boxing wagering. It has further increased the popularity of wagering on this combat sport among gamblers. Such that punting on upcoming matches is now a feat bettors around the world eagerly look forward to. However, as exciting as punting on sports is, ensure you do it responsibly.