Like Baseball or Soccer , there are a number of different kinds of bets, from prop betting, weight betting, how a fight will end, or how many rounds will a bout go , there are the many different options a bettor has to wager on a fight. This guide will help beginners understand how to bet on those betting options , how to read boxing odds, and which type of betting option may be the safer choice in your wager as we continue our series of Sports Betting and how to bet on each sport.
A moneyline bet in boxing is basically who you feel will win the fight outright. Odds are placed for each fighter and based on your pick, you will receive a payout. For example:. Prop bets in boxing are just like those of other sports. Here you bet on what could happen in the fight, for example, how many knockdowns there will be in a fight or in a round.
Here a fight between Y fighter and X fighter will go over or under Here what you need is the fight to either end before the 10th round or after the 10th round. Here you bet on how a judge may score a round. Boxing fights are judged by a point scale. Most fights end unless there is point deduction or a knockdown. Then a round can end This type of bet is when you guess which boxer has a stronger chance of winning a round and by how much the judge will score. A boxing parlay bet is multiple bets on your ticke t, here you bet that fight between X vs Z will end in TKO, the next fight will end in the 8th round via knockout, and the main event will end by decision.
You would need to hit all three combinations to win your bet. We hope this article was helpful in understanding the different types of boxing betting options. Sports Picks on basketball, football, and baseball! For years the sports handicappers at Maddux Sports have been making money for us and our clients betting the strongest sports picks on the Internet.
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In the above example, the Red Sox are a 1. In the example, 1. The numbers next to each run total is the odds the bettor will receive if he or she wins the bet. If Peter bets on the Red Sox, they would have to win by a total of 2 runs in order for him to win. A bettor can make a single wager on whether or not the combined run total will be over or under what the sports books set it at before the game.
A parlay gives the bettor an opportunity to combine two separate wagers into one for a bigger payoff. The only stipulation is that both wagers have to win for the bettor to make any profit. Brian likes the Cubs —1. In another example, Brian likes the Cubs —1.
While a teaser bet is more attractive to a bettor because he or she gets to add or subtract 6 points from the point spread, a winning parlay pays more. A future bet is made before the end of the regular season or playoffs, and consists of a bettor wagering on the odds of a team winning the World Series, their division or their league. The more likely the chance of a team winning the World Series, their division or their league, the worse the payout is for the bettor.
Conversely, if the team is a long shot to win the World Series their division or their league, then the bigger the payout for the bettor if they win. Sarah wants to bet on the Yankees to win the World Series. Prop bets are similar to future bets, but they happen in a much smaller time frame, such as a game, a series or a season. If the Giants cover the 1. A bettor can use the 3pm game as his first bet and if he or she wins, then the 1pm game will be wagered as well.
A Round Robin wager is basically multiple parlay bets. A three-team Round Robin consists of one three-team parlay and two, two-team parlays. So Tim bets on the Twins, Mariners and Dodgers in the three-team parlay, as well as the Twins and Dodgers in one of the two-team parlays and the Dodgers and Mariners in the other parlay. Are you new to Sports Betting? If you bet the Lakers, any of the following will declare you a winner. If the Bulls win by exactly 3 points then the wager is declared a push and all money is refunded.
Point spreads change constantly. The listed point spread the time you make your bet may be different from the point spread when the game starts. The point spread that is listed on your ticket is your official spread.
It makes no difference which team covers the spread. Simply add the final score of each team. You may combine several teams into one wager. Odds and the number of teams vary from casino to casino. The following are approximate odds:.
Any game that results in a push reduces the parlay one team. A two-team parlay would become a straight bet. This increases the probability of winning your bet but decreases the odds of the parlay. Odds and the number of points available to "tease" vary from casino to casino. To bet on boxing, tell the ticket writer the bet number of the boxer you wish to bet and the amount you wish to wager.
Boxing odds are shown using a "Money Line. A "minus" - preceding the number indicates a favorite. Tyson is favored to win the bout. Boxing matches often feature money line proposition wagers on knockouts, draws, rounds and the duration of the fight. Odds vary on each fight. To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager.
The point spread: When betting on football, the team you bet on must "cover the spread. If you bet the Dolphins, the Dolphins must win by 7 points for you to win your bet. If you bet the Jets, any of the following will declare you a winner.
The listed point spread at the time you make your bet may be different from the point spread when the game starts. In some cases, bettors have the option to discard the point spread and bet on which team will win. This is called betting on the "Money Line". Sports books offer a number of different cards, each one having different rules. Rules for parlay cards are placed on the back of each card. Read them carefully before wagering. The cards are simple to fill out.
Simply darken the boxes, or circles, that apply to the teams you wish to parlay. Then darken the amount you want to bet. Sportsbooks offer bettors the opportunity to wager on the outcome of a season -- for example, which team will win the Super Bowl or the Stanley Cup or the American League East pennant. This is known as "futures book" or "future book" betting.
As an illustration, let's look at Super Bowl futures. For example, the Ravens may be , the Redskins , the Cardinals , etc. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl. When you make a futures bet, your odds are "locked in. Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup.
In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day. Some sportsbooks offer futures betting on unusual propositions, such as which major league baseball player will hit the most home runs in the regular season. Note that in this type of wager, all bets are action regardless of injuries or other unforeseen events.
This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded. Among Las Vegas gamblers, golf is considered one of the two fastest-growing sports to bet on auto racing is the other.
The most basic form of golf betting involves picking the winner of a tournament. Typically a sports book will list 30 or more individual golfers along with a field all others option, at various odds. Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker.
The golfer with the better lower score wins the matchup. If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup. For example, a matchup may pit Lehman minus against Jim Furyk plus Some matchups pit one usually very good golfer against two or more others. To determine the winner, take Woods' score and compare with to the best lowest score recorded by the three others.
If he finishes first, second or third in the tournament, the "under" wins; if he finishes fourth or worse, the "over" tickets cash. Rules vary by casino, but usually your golfer must tee off in the tournament for "action" meaning once he tees off, you will either win or lose your bet.
If for some reason he does not tee off, this is usually considered "no action" and tickets are refunded. To bet on hockey, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager. If your team covers the goal spread, you win. The payout is based on a "Money Line". When betting on hockey, the team you bet on must "cover the spread.
The Red Wings must win the game by at least two goals to be a winner. If you bet on the Sharks, you win your bet if: a The Sharks win the game. Note: The money line is used in conjunction with the point spread.
All teams must win to win the bet. Hockey parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game and so forth. Thanks to satellite feeds from racetracks around the nation, Las Vegas is a sort of nirvana for horse racing bettors or "horseplayers," as they are sometimes called.
Because there are so many tracks to choose from, in Las Vegas race books it is usually necessary to identify which track you want when you place your bet. For example, tell the ticket writer, "Churchill Downs, eighth race, five dollars to win on No. Otherwise, betting procedure in the race book is the same as at the track: For you to collect on a "win" bet your horse must win the race, to collect on a "place" bet he must finish first or second, and to collect on a "show" bet he must finish first, second or third.
Betting a horse "across the board" is really three separate bets: one to win, one to place and one to show. Hitting an "exacta" entails picking the first two finishers in a race in the correct order; a "quinella" is the first two finishers in either order. A "trifecta" is the first three finishers in exact order; a "trifecta box" is the first three in any order.
A "superfecta" is the first four finishers in exacta order. A "daily double" is a wager that calls for picking the winners of two consecutive races. A "daily triple" entails picking the winners of three consecutive races. And a "Pick Six" calls for picking the winners of six consecutive races, an extremely difficult feat that is usually rewarded with an enormous payout.
In Las Vegas, race books frequently offer promotions such as free contests with cash prizes, special house-banked betting pools that grow larger if no one hits them for a few days or horse racing tournaments. Rules and details vary greatly by casino so be sure to shop around to find those that appeal to you. Nevada sportsbooks are not permitted to accept wagers on presidential elections, the Academy Awards or the winner of the TV show "Survivor.
They are not real betting lines. Under state law, wagers must involve the outcome of "athletic contests" rather than elections or votes of any kind. Even so, "wacky" proposition bets can sometimes be found in Las Vegas sportsbooks. They are often linked to the Super Bowl or another major sporting event. For instance, in Super Bowl XXXV gamblers could bet on whether the Ravens would score more touchdowns than the Chicago Blackhawks scored goals on Super Bowl Sunday -- and that was just one of countless "wacky" propositions.
As another example, to generate interest in Monday Night NFL games, many sportsbooks offer odds on which player will score the first touchdown in the game. These "wacky" bets can be lots of fun, but odds and details vary tremendously by casino, so read the fine print before getting involved. The toolbar contains the following The AudioEye Help Desk to report accessibility and usability related issues. Please click here if you are not redirected within a few seconds.
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This basically means that the bettor can convert the money line odds to a percentage of a chance to win and place the wager that way. The best way to figure that out is to put some basic math skills to work and let the percentages — or chances of winning — speak for themselves. However, to consider the odds as a percentage, we need to look at it this way: Fighter X has 5 out of 6 chances of winning. Rather, it means that he has 3 times the chances of losing. There are several types of boxing bets , and taking a look at a few examples of each may help you determine where you are most comfortable.
As mentioned before, betting the money line could be considered the simplest and most straightforward type of bet. Who do you think will win based on the odds? Consider the following situation:. The bettor may look at this setup and decide that Fighter X has a better chance of winning, and places his bet on the favorite.
For the bettor to win the wager, Fighter X would have to win the fight with a knockout or technical knockout. To end our discussion of how boxing odds work, it may be helpful to take a look at some other elements that may help a bettor make an informed wager. ZenSports makes online betting easy and fast — and you can bet with anyone in the world. What makes ZenSports the fastest and easiest way to bet online? Start betting from your phone today. Click here to get started. Blog Home All Posts.
Boxing Odds Explained: Minus - vs. In boxing, money lines are simply another way to express fighter odds. But for now, an example may suffice. Before looking at the details, a few basics you should know are: The minus - refers to the favorite. The same scenario above would be true with a lesser bet. Again, this scenario works with different amounts. Again, the ratio determines the win amounts. Or Fighter X Fighter Y In either of these cases, the bettor will need to lay a price on both of the fighters and simply pick one to win.
Why bet on both? How Do Odds Work in Boxing? Convert the Odds to Percentages One way to determine value is to convert the odds to percentages. So, should the bettor gamble on Fighter X? Converting these odds to a percentage can help.
How Does Boxing Betting Work? Essentially, you are betting on the victor. Some aspect the bettor may choose from are: Knockouts Knockdowns Point deductions Type of punch to land first Duration of the fight Decision of fight Draw 5: Scorecard Spread Betting on scorecard spread concerns the difference in points fighters earn in a fight.
Beyond How Odds Work in Boxing: Other Factors to Consider When Placing a Wager To end our discussion of how boxing odds work, it may be helpful to take a look at some other elements that may help a bettor make an informed wager. Styles of boxing — Consider how the boxing style of the fighter. Does he bounce around the ring? Does he jab hard? What is his style like compared to his competitor? Fighting history — Who has the fighter competed against in the past?
All of the online sportsbooks use services that simply use the Vegas odds as a starting point for events. Then their own systems will adjust the spread depending on how people are betting at their sportsbook. Exotic bets are there to make for a more entertaining betting experience, but they work somewhat differently compared to the straight bets.
But, the original point spread is still used in all these bets no matter how you look at it. Parlays are essentially a combination of two or more bets into one, such as three teams winning their respective matches. These parlays are usually a long shot since so many teams have to win, but in the end, they are also some of the highest paying games. You can pick teams to cover the point spread, over or unders, or moneylines in a parlay and sometimes you can mix in different sports.
Pleasers are some of the highest paying bets, as they take the spread and then subtract points, making it harder to succeed. Then you also have to combine them into another bet of the same type in order to win. The payouts are huge, but it is not likely that these will come in unless you have the utmost luck or some sort of inside knowledge.
Teaser bets bets are the exact opposite, in that you can adjust the spread to be more favorable, thus lowering your payout but increasing your chances of winning. Either way, these are some of the more exciting ways for you to wager. There are also " If-Bets ", which allow you to combine two bets. The first bet has to win for the second bet to have action. If the first bet fails, the second bet doesn't come through. If you win the first bet, you can then use the winnings on the second bet, essentially building your bankroll.
American odds have become incredibly commonplace, despite the fact that they are not as easy to read as other formats. As an example, American Odds read like this:. In the example above, you can see that Team A has the lowest number of the group and are considered to be the favorite to win this bet.
And, with a little bit of manipulation, you can see how these odds will pay if the wager ends up being a winner and that is what we're all here for Fractional betting odds are the easiest to understand. Just about every single sportsbook that caters to Americans has the option available for fractional odds. And, while they may seem daunting at first, you don't really need to understand complex fractions in order to utilize these odds. Let's look at an example:.
In order to best understand these lines, you first need to look at the ratio to 1. Once you have determined this, you can figure out the favorite. To figure out which side is favored, you simply need to figure out which is the lower number. Fighter A's wager is the clear favorite as it is the lower number.
So, how do you figure out what these pay? Anytime fractional odds are displayed at a value of less than 1, the bettor must risk more than they intend to win if the wager is a winner. And, the opposite can be said for if a fractional value is more than As you can see, the payouts are in the fractional odds, you just need to know which way they go based on if they represent a value greater than or less than one. Decimal odds are slightly more confusing than most other types of odds.
In fact, we prefer not to use them when we bet but that is just our preference. Regardless, we are going to give you a little insight into these lines, as we want to give you insight about all of the common types of odds available. If you look into these odds, you will definitely come out a little bit confused unless you are from Europe where these odds are commonly used than American or Fractional odds. The multiplication game is not as straight forward with decimal odds.
Let's take a look at another example:. When looking at decimal based odds, the same thing applies to them as all the other forms of odds when trying to determine the favorite In the example above, the favored candidate is Candidate A at 1. Figuring out the payouts is where decimal odds can get tricky, but you'll soon learn a little trick that will make these very easy to understand. Be sure to keep that in mind when looking at the other odds types.
Now that you understand how to read odds, you will then want to see how they are adapted to the different betting lines. With the straight wagers and exotic wagers alike, you will find that these odds are worked into the lines. After you figure out how to read the odds, you will then have to figure out the different types of bets that you can find through most sports betting sites.
The different types of bets use odds somewhat differently, but in the end, it is all fairly similar. We have created special pages that explain how to read the betting odds on a variety of sports. The reason for this is that some sports have betting odds available that others do not. Some sports betting odds can be broken down into a half or quarters while others are just for the entire duration of a match or game.
Each page is crafted specifically for an individual sport making it easier for bettors to learn the ins and outs of betting on whichever sport they choose. There are plenty of betting sites out there, but we have decided to list only those we felt were of the highest level of quality. When personally and individually tested these sportsbooks in order to figure out exactly what they have to offer.
In the end, we decided to play with those offering the highest paying odds, the most diverse set of betting types, and a fairly wide range of different sports. Throw in the big bonuses and easy financial transfers and what you get is one of the best sets of betting sites on the Internet.
Its already know that Bovada is one of the better online sportsbooks for players to sign up for. The fact that there are so many betting options on this sportsbook makes it known to be a better site as well.
Most of the time players look for sites that have the total package which is what Bovada has.