To understand how to bet on boxing, we’ll look at BetOnline to walk you through the process of placing a boxing bet. This market is often used in close match-ups where it’s really hard to call a clear winner in advance. This means that for every $100 wagered, you would profit $2,500. In this example, the odds of a draw are +2500, or in other words, not very likely. Draws aren’t all that common in boxing, but they can happen as with Tyson Fury and Deontay Wilder back in December 2018. It’s worth noting that this type of bet includes the option of a draw, also known as a tie. If you were betting on Dubois to win, +600 odds state that a $100 wager would profit you $600.If you were betting on Usyk to win, -1000 odds state that to make a $100 profit, you would need to wager $1,000. For this fight, Usyk is priced at -1000, making him a very strong favorite against Dubois, who is priced at +600. With American-style odds, the negative number represents the favorite, and the positive number is the underdog. To place a bet on this fight, head to your favorite online sportsbook and search for the bout. As a heavyweight bout between two well-known fighters, this is a very high-profile contest. For a simple example of how to bet on boxing, we will look at the August 2023 fight between Oleksandr Usyk and Daniel Dubois.
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