In most sports, you’ll find the odd exotic creatures like Puffins and Zebras who are recognized by special markings. In boxing, those markings determine who your favorite pugilist is going to be fighting next. Each cornerman will have a flag they’ll wave to the crowd during the fight. They may also hold up a miniature version of the flag during the fight. The person holding the miniature flag wins the round. It’s quite a colorful and fun game. But let’s get to the how-does-sports-betting-work part.
Like most sports, you’ll see people placing bets on the outcome of a boxing match. However, unlike most sports, with boxing you’ll also have to place your bet before the fight. That’s because when the fight ends, the bookmakers stop taking bets. You might also see people placing bets on who wins the round or even the fight. It’s all about the adrenaline rush and the excitement of seeing two boxers bang it out for your entertainment. Sadly for them, it’s also about the money. And when you stop a fight before it starts, the money stops too. So while you’re waiting for the bell to ring, the bookies are taking your winnings. But don’t lose hope; there’s another way for you to profit from boxing.
If you want to get really technical, you can place fixed matches in the same way you’d place any other wagers in sports betting. The difference is after you place the wager, you’re not going to do anything else. You’ll just have to wait and see if your bet pays off or not. So, essentially, fixed matches are placed like normal bets in sports betting, except you’re not going to do anything else once the bet is placed.
Live betting is exactly what it sounds like: you place a bet while the fight is going on. You’ll either win or lose the amount you wagered depending on the outcome of the fight. Live betting is pretty popular in boxing, especially among fans who want to have a little more fun than usual while also placing a wager. Live betting offers a more interactive experience than usual, especially for people who are used to laying down their money on regular bets and then watching the fight unfold. Live betting also allows you to keep track of all the action as it happens, rather than having to wait until the fight is over to see if your bet paid off. For example, if you live bet on an undercard fight and one of the participants walks out after just a couple of rounds, you’ll be able to cancel your bet and get your money back. You’ll never know how many hours, minutes or even seconds the match was going to last. That’s one of the major appeals of live betting in boxing.
How To Place A Bet
Like with most sports, you’ll need to have a place to bet. You can do this directly through a bookmaker’s website or you can download a sportsbook app on your phone. Once you have your account set up, the next step is to choose how you want to place your wager. You have two options: manually or automatically. Let’s take a look at each one.
- In theory, this is the simplest way to place a bet and the most commonly used option. You’ll need to enter the chosen amount of money you want to wager and then select the fight you want to bet on. You’ll also need to decide whether you want to bet on the undercard or main event. You can’t wager on fights that are scheduled for later in the evening if you want to keep your current betting window. After you submit your wager, you’ll need to scroll down to see if your bet was accepted or not. If it was, great! If it wasn’t, you might have to try again later. This option is the simplest and the most commonly used one because it’s pretty much guesswork as to what will happen during a fight. If you do nothing else after placing a bet through this method, you’ll need to check back periodically to see if your bet paid off. This is called passive betting and it’s the method bookies use when they’re getting ready to take your bets. As long as you stay active during the fight, you’ll be good to go. The risk here is if the fight goes the way you don’t expect it to, you could lose a lot of money if the event is being tracked by a professional bookmaker.
- Automatically: Place a bet each time a fight is set to start. You don’t need to do anything else after placing your bet. Your money will be placed directly into the fight without needing to be checked periodically. The advantage to this option is you’ll never lose a bet because the system recognizes when there’s an early knock out, a decisive stoppage or a controversy-free bout. You can also use this option if you want to make sure your money is always working towards productive goals.
Hopefully, this article helped clear up some of the basics about how does sports betting work in boxing. As you might imagine, there’s a lot more to it than simply understanding the basics. But, if you want to place a bet, the above should get you started. Good luck out there.