Boxing Odds
Betting on the Fights
It may be argued that there is no greater game to bet on than boxing, or more importantly, no sport that lends itself to gambling quite like boxing does. Obviously, one of those reasons could be that the sport was essentially made for the purposes of betting, and indeed, the earnings generated from early battles (heading back to the bare-knuckle era) came chiefly through the quantity in gambling»action.» During time, oddsmakers have invented new and unique ways for individuals to bet on pugilism, such as over-unders, KO propositions, and around gambling. If you believe yourself to be an expert at the fights, this may present a tremendous opportunity for you! BoxingInsider.com’s Guide to Betting the Fights From Charles Jay What you need to understand right from the start; everything you want to know before you ever bet on a fight, is what the odds mean. Not only that, but what they signify. Let us say you are faced with the next proposition on a fight: Fighter A -400 Fighter B +300 So what exactly does this mean? Well, if you see the minus symbol, you’re going to be LAYING cash on that side of this two-way proposal, thus you’re going to be risking an amount which is higher than the quantity that will make concerning gain by winning. In the case of Fighter A, the purchase price of -400 means that for every dollar you want to WIN, you will have to risk four bucks. So if you bet $400 on Fighter A, you’ll win $100 profit (and return your $400 original bet) should you win. Yes, Fighter A would be the»favorite.» Whatever the amount of your wager, it will yield a profit that’s four times . So a $100 wager will bring a gain of $25. Fighter B is the «underdog.» And in this case you’ll find a return that’s proportionately higher than the sum of money you are risking. The plus sign shows us (except in the instance of +100, which even money) that you are TAKING a price. This is the +300 means that for each dollar you risk you are likely to gain three bucks. Let’s make sure we’re clear on this; it does NOT mean that you bet a dollar and return 3 dollars. It usually means that you just bet a dollar and get back 3 bucks PLUS your initial bet. One thing to take note of: Simply because there’s a minus sign before a price doesn’t necessarily signify that the fighter is your preferred. In the case of the so-called»pick’em» combats, a sportsbook would constantly allow you to put a price on BOTH fighters, therefore It May seem like this: Fighter A -110 Fighter B -110 Or, sometimes one of those fighters might be a slight favorite, in which case It May seem like this: Fighter A -115 Fighter B -105 The cause of this, of course, is that the sportsbook wants to carve out an edge for itself. So you are not likely to be paid at»true» odds. Indeed, if there were true odds available on a select Celtics struggle, both fighters would be priced at even money (+100). If true chances existed in the first instance, 1 fighter would be -350 while another would be +350. That is to saythe amount would be appropriate in the center of -400 and +300. For purposes of dialog, in the event that you wanted to say what the chances were on a struggle like that were using just 1 number, you’d say that is»7/2″ in favour of Fighter A; 7/2 switching to a +350 payoff, even though that cost does not represent what you’d find on each fighter. Read more: http://sscommcorp.com/harry-gagnons-top-college-football-week-7-takes/