Betting on the Fights
It can be argued that there is no better sport to bet on than boxing, or more to the point, no sport that lends itself to gambling quite like boxing does. Of course, one of those reasons could be that the game was basically created for the purposes of gambling, and indeed, the revenues generated from ancient fights (heading back to the bare-knuckle age ) came chiefly through the quantity in betting”activity”
Through time, oddsmakers have devised new and unique ways for individuals to wager on pugilism, including over-unders, KO propositions, and around betting. If you consider yourself to be a specialist at the fights, this may present a huge opportunity for you!
BoxingInsider.com’s Guide to Betting the Fights
By Charles Jay
What you want to know right from the beginning; everything you want to know before you ever bet on a fight, is what the odds mean. Not just that, but what they signify.
Let’s say You’re faced with the next proposition on a fight:
Fighter A -400
Fighter B +300
So what does this mean? Well, whenever you see the minus symbol, you’re likely to be LAYING money on that aspect of the two-way proposal, thus you’re going to be risking an amount which is higher than the amount you will make in terms of gain by winning.
In the case of Fighter A, the purchase price of -400 implies that for every dollar you wish to WIN, you will need to risk four dollars. Therefore, if you bet $400 on Fighter A, you’ll win $100 profit (and get back your $400 first wager ) if you win. YesFighter A would be the”favorite.” Whatever the amount of your wager, it will yield a gain that is four times . So a $100 bet will bring a gain of 25.
Fighter B is the “underdog.” And in this case you’ll find a return that is proportionately greater than the sum of money you are risking. The plus sign shows us (except in the instance of +100, which even money) that you’re TAKING a cost. Here, the +300 means that for each dollar you risk you’re likely to gain three dollars. Let’s make sure we are clear on this; it does NOT mean that you bet a dollar and get back 3 dollars. It usually means that you bet a dollar and get back 3 bucks PLUS your initial bet.
One thing to take note of: Just because there is a minus sign before a price does not necessarily signify that the fighter is your preferred. In the case of this so-called”pick’em” combats, a sportsbook would always make you put a price on BOTH fighters, therefore It May look like this:
Fighter A -110
Fighter B -110
Or, occasionally among the fighters might be a little favourite, in which case It May seem like this:
Fighter A -115
Fighter B -105
The cause of this, of course, is that the sportsbook wants to carve an advantage for itself. So you are not going to be compensated at”true” chances. Indeed, if there were true chances on a pickCeltics struggle, both fighters would be costly at even money (+100). If true chances existed in the very first instance, one fighter could be -350 while the other could be +350. That is to say, the amount would be appropriate in the center of -400 and +300.
For purposes of dialog, if you wanted to say what the odds were on a struggle like that were using just 1 number, you’d say that is”7/2″ in favor of Fighter A; 7/2 switching to a +350 payoff, even though that price does not signify what you’d find on each fighter.
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