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Betbit features Boxing Bitcoin Wagers

One of the world’s oldest sports, with records found depicting types of boxing as far back as 1,500 BC. As a contest between two athletes, it is about as pure as you can get, and that is one of the main attractions for boxers themselves and the massive audience that watches it.

An excellent sport for betting, boxing matches are decided on form, ability, and determination, with two of those being easily accessed data. This is ideal for identifying betting opportunities, and with so many boxing matches taking place throughout the year, that makes a potentially profitable market you can enjoy.

hat means understanding the sport though, so we are going to look at Boxing, and then find the best entry points and strategies you can use to start betting on the Boxing markets.

Boxing today

Boxing comes in two flavors, professional and amateur, with the objective the same in both. Two boxers enter the ring and then proceed to fight. The fight takes place over a series of 12 rounds, with each round lasting 3 minutes. Judges award points for each round, with the winner being the one with the highest point score at the end of those 12 rounds.

Boxing matches can end early if one boxer is knocked down and is unable to get up before a 10-second count, or if the referee or fight doctor deems one boxer unfit to continue, whether that be an injury or incapable of defending themselves. However, while there are several ways for the fight to end, for bettors the result matters, not the method. Boxing matches can also result in a draw, although that is a fairly rare occurrence.

Boxers are split into several weight classes, so that comparably sized boxers are meeting each other in the ring, with each weight class having its own championship. amateur boxing operates in the same way, although here the major championships are international, with the Olympics and World Championships being the most prestigious. Amateur boxers wear protective headgear, where professionals do not.

Types of Bets

Betting on boxing matches provides a variety of options to choose from, here are some of the more popular bets available.

Moneyline

Familiar to anyone who has bet on NFL, NBA, Soccer and so on, the Moneyline bet is a simple, straightforward bet on a winner. The bookmaker odds will place a number next to each boxer in the match, with a negative number showing the favorite, and a positive number for the underdog. The numbers show the amount of money the bet will produce, for instance, if a favorite has odds of -140, that means you need to place a wager of 140mBTC to receive 100mBTC in winnings. For the underdog, a number of +160 would show that a bet of 100mBTC would make you 160mBTC profit if you won.

Numbers can vary greatly, you can see as high as + or – 1000 or even more in the case where boxers are very mismatched in experience or ability.

Total Rounds

The next bet available is the number of rounds the match will last, this takes the form of an over/under style bet. The bookmaker will offer a round, and your bet is on whether the match will finish before or after that round. This can be a useful bet where the Moneyline bet has those huge odds that give very low returns should the favorite win. Here you can use analysis of a boxer’s likelihood of knocking their opponent out to identify potential opportunities with the Total rounds bet.

Victory Method

Another alternative if the Moneyline bet has poor odds, or as a side bet to add more profit, is to bet on the type of victory that will end the match. For instance, you could bet on a boxer to win, and then also add a bet that they would win by knockout, adding extra profit to the bet.

Conclusion

One of the best approaches with boxing is to use side bets to add extra profit to your main wager, compounding a bet on a winner of the match with the method of victory, and even adding in a bet on how many rounds before it ends. Get all three right, and even a mismatch with low winner odds can be a profitable bet.