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. Most people have their favorite boxer; they always watch and cheer their favorite boxer on TV. 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. Place your bets on the boxing odds that will allow you to make the most money. If you can't get information by asking around those who are directly involved in the fights, you can go to gambling sites for tips. You can find the best online boxing betting odds at many different sites. You should read the terms and conditions carefully as each site has different odds.


Below is a selection of the best boxing betting odds, and their 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. There is no point spread involved. Customers simply choose a winner and are paid according to the "Money Line", which is set by the odds-maker. Money Line is a great tool for betting on sports that don't use point spread, such as boxing and tennis, auto racing, and baseball, hockey and soccer.


Money Line Wagers


The boxer wagered on just has to 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


With this moneyline, Antonio Tarver is the favorite at -1500. With any moneyline wager, the person or team listed with a minus is the odds-on favorite to win. To win $100 in the above example, you would need to be willing to take on $1,500.


Elvir Muriqi will likely 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 using a minus (+) or plus (+) symbol. (i.e. -150 or +200). European Odds uses a decimal. It includes the original stake and leaves out the plus or minus.
http://feamie.org/a-review-of-the-world-lottery-syndicates-income-opportunity/ Example #1: You wager on a team offered at 4.00. In European Odds this would means that for every $1.00 you wager (your stake), you get back $4.00 if they win - $3.00 plus your original $1.00 stake. If you lose, you lose your $1.00 wager.


Example #2: You wager on a team offered at 1.60. In European Odds this would means that for every $1.00 you wager (your stake), you get back $1.60 if you win - $0.60 plus your original $1.00 stake. If you lose, you lose your $1.00 wager.