If you’re into martial arts, then you’ve probably noticed that boxing fights, when compared to MMA, are not that frequent. On average, professional boxers like Anthony Joshua, Deontay Wilder, and Óscar Valdez have two or three fights in a year.
Each fight takes a toll on a boxer’s body because of the number of rounds, so once they have built up a name for themselves, they can fight less for more money. So essentially, the more successful a boxer is, the less he will fight. Therefore, each one of those fights becomes a special spectacle and fans turn up in their droves to get in on the action. There’s a lot at stake, but there’s also potentially money to be made with smart betting choices. So, where to start?
A Concrete Example
Let’s look at an upcoming fight for more insight. The Anthony Joshua v Oleksandr Usyk odds are constantly changing, because both boxers are some of the best in the game at the moment. This is when boxing predictions, courtesy of industry experts and pundits, come in handy to help you decide on what the outcome might be.
As it stands, on one hand, the odds are in favor of Joshua, standing at +333, with everyone expecting him to be crowned the winner of this tremendous fight. However, it’s important to remember that Usyk is still the first cruiserweight in history to hold all four major world championship titles: WBA (Super), WBC, IBF, and the WBO. In addition, let’s not forget how truly unpredictable a fight can transpire to be. After all, in 2018, when Usyk fought Tony Bellew, no one expected him to win, let alone by a knockout.
The Theory Behind Sports Betting
Apart from the Joshua v Usyk fight, there are a few others to look forward to this autumn: Tyson Fury v Wilder, Jamel Herring v Shakur Stevenson, and Canelo Alvarez v Caleb Plant. Thinking of placing some bets for these upcoming bouts, but not sure how to go about doing this?
When betting on professional boxers, fans need to keep in mind two things: odds and the latest predictions. Pay attention to who’s been branded the favorite and the underdog in the lead-up to the bout. This is usually indicated within the odds: for example, the favorite has a minus sign next to its odds, while the underdog has a plus.
The minus followed by the number is the amount you need to bet in order to get a return of $100. Obviously, because the favorite is expected to win, you assume more risk when placing the best. Besides this, it’s also worth looking at other categories to bet on. There are the obvious outright markets for win/lose outcomes, but there are also numerous other categories including “Method of Victory” and “Round Betting.”
In terms of world sporting events, some of the highest-grossing spectacles have been boxing matches. For example, the following bouts gained unprecedented hype in their lead-ups and had viewers from across the globe: Floyd Mayweather v Conor McGregor, Mayweather v Manny Pacquiao and Mayweather v Alvarez. Each one of these fights had something in common: they all included Mayweather, one of the most prolific boxers of all time, and the profits were incredible. Mayweather earned $275 million for one fight against McGregor, alone. The boxing business is ludicrous!
Practice makes progress and the best way to get a feel for betting is to start with low-wagering odds and build up confidence when it comes to reading the markets and listening to the bookmakers.