Understanding Boxing betting odds

Understanding Boxing betting odds

Boxing is considered as one of the most popular sports in most of the country. As a matter of fact, millions of people are watching boxing match with each boxing event. People have a favorite boxer and they watch and cheer for their favorite boxer on television. Betting on this game makes it more exciting and enjoyable to watch.


Once you have decided who your fighter will be, you can place your bets. Now is the time for you to look around for the best money-line and boxing betting odds. Put your sport bets about the boxing betting odds that would enable you to get the most money. You can ask the fighters directly for information, but you won't be able to get it from them. For tips, go to gambling websites. There are so many different online sportbooks site you can check for the best boxing betting odds. But remember to study it carefully for there are different odds used in each site.



Here are the best sample of boxing betting odds and its explanation


Money Line: In some situations, the oddsmaker will place a Money Line bet along with a spread point. If a match up used a Money Line then it will cost more to win less on the favorite, and less to win more on the underdog.  Vodka138 link alternatif Since no point spread is involved, a customer simply selects a winner and is paid according to the "Money Line" the odds-maker sets. Money Line is greatly used for sports betting that do not used point spread such as boxing, tennis, and auto racing, as well as baseball, hockey, and soccer.


Money Line Wagers


The boxer on which the wager was placed must win the fight. There may be a difference in the amount that you take or lay for each fight. The money line at the time you place your wager is the one you will keep, regardless of line movement.


Exemple:
Antonio Tarver -1500
Elvir Muriqi + 800


Antonio Tarver is the favourite at -1500 with this moneyline. Any moneyline wager will show that the team or person with the minus sign is the odds-on favorite. To win $100 in the above example, you would need to be willing to take on $1,500.


Elvir Muriqi is expected to lose the fight. Putting $100 on Muriqi will yield a $800 profit if he wins.


European Odds


All European football lines can be quoted using European odds. The odds for European football are slightly different from their North American counterparts. American Money-line odds are expressed with a minus (-) or a plus (+) symbol. (i.e. -150 or +200). European Odds uses a decimal. It includes the original stake and leaves out the plus or minus.
Example #1: You wager on a team offered at 4.00. This would mean that for every $1.00 that you wager (your stake), $4.00 is returned if your team wins - $3.00 plus the original $1.00 stake. If you lose, you lose your $1.00 wager.


Example #2: You place a wager on a 1.60 team. This would mean that for every $1.00 wagered (your stake), your winnings will be $1.60. If you lose, you lose your $1.00 wager.