Recently, the fight that had everyone talking was the clash between Floyd Mayweather Jr. and Conor McGregor – two giants in their respective fields of boxing and UFC – and the fight was termed “The Biggest Fight in Combat Sports History”.
The big money fight attracted wagers from every corner of the globe, but the good news is that you don’t have to wait for highly publicised fights before getting started with boxing betting. In fact, it’s best to get started with smaller matches!
Find a Reputable Online Sportsbook
The first thing you need to do before getting started with boxing betting is to create an account with a reputable online sportsbook. There are plenty of online sportsbooks to choose from, but this doesn’t mean that they’re all worthy of your patronage. Do plenty of research ahead of creating and account, be sure to read reviews, and look out for the following at all potential options:
- Reliable and secure banking methods
- Dependable software
- Excellent customer service
- Selection of betting markets and betting types
How Boxing is Scored
Scored by 3 judges, all boxing matches are subject to the 10-point must system, meaning that the winner of a round will receive 10 points, while the other will receive 9 points. If a fighter is knocked to the floor during a round, he may lose 10-8, but if this occurs more than once, he may lose the round 10-7.
The most common scoring per round – if no major events occur – will be 10-9. The beauty of online betting NZ is that you’ll even be able to bet on what the score will be at the end of each round.
However, if a boxer receives a penalty during a round, the score will reflect this as the fighter will lose points if the referee determines that they did something illegal.
All scores per round are totalled at the end of the match for each judge and the fighter considered the victor by the majority of judges is named the winner.
Types of Boxing Bets
Many of those new to sports betting are under the impression that you can only put money down on who you think will win the fight, but in reality there are many different types of betting markets for boxing. These are the most popular.
- Money Line: the most popular type of boxing bet is the one most popular across all types of sports betting – the selection you think will win the match-up outright. These are the easiest bet to get started with as it’s a simple selection, but eventually you’ll be well-equipped to try more unique bets.
- Over/Under: all boxing matches are scheduled to go for a predetermined number of rounds, as long as both boxers are still able to fight. With over/under bets you’ll be able to put money on whether you think the fight will last longer than the predetermined number.
- Draws: draws are rare in boxing matches, but they have been known to happen and bets of this type can pay off handsomely.