Boxing Moneyline Betting
Boxing moneylines are one of the simplest types of boxing betting. In a boxing moneyline bet, the goal is to predict which boxer will win a specific fight or match. If your prediction at boxing betting sites is correct, you receive a payout that is sized according to the boxing moneyline betting odds.
If boxing moneylines sound complicated, fear not; they are actually pretty simple. The only thing you have to do as a bettor is choose which boxer you want to put your money on. The moneyline odds tell you how much money you can expect to win if your boxer comes through with the win.
Best Boxing Betting Sites For Moneyline Bets
Boxing betting websites use moneyline bets to even up the action. In almost every boxing match, one of the contenders is seen as the favorite and one is seen as the underdog. Boxing betting sites attempt to get an equal amount of action on both boxers by offering better payouts for the underdog and lower payouts for the favorite.
Boxing Moneyline Betting Example
We are big fans of examples around here, so we’ll use one right now to explain how boxing moneyline bets work. The basic idea is pretty simple. Here’s what a typical boxing moneyline looks like in action:
- Derry Matthews -240
- Scott Lawton +190
This simple bet gives us a good amount of information. First of all, we can see that Derry Matthews and Scott Lawton are scheduled to fight a bout in the near future. Secondly, we can tell which fighter is the underdog and which fighter is the favorite by looking a the odds. And last, we can tell exactly how much money you will win with bets placed on each fighter.
We can tell that Derry Matthews is the favorite in this match because his moneyline odds are -240. The negative sign means that your winnings will be smaller than your initial stake. In this case, you will have to wager $2.40 for every $1.00 in potential winnings.
Scott Lawton is the underdog in this fight, so his moneyline odds are +190. The positive sign next to his odds indicates that you have an opportunity to win more money than your initial wager. In this case, you will win $1.90 for every $1.00 you risk.
More About Boxing Moneyline Bets Online
Boxing betting websites want to get an equal number of dollars on both sides of every boxing match. By doing so, the betting site has no stake in who wins or loses the match. No matter what the outcome, the betting site simply uses the losers to pay the winners. And that is why betting sites use the moneyline system.
Boxing moneyline bets are very common at gambling sites and they can be found at most boxing betting sites. However, not all betting sites offer a full suite of betting options. For the best boxing betting experience, we recommend you visit a couple of our top-ranked boxing betting sites.
The best boxing betting sites offer moneyline bets on both high profile bouts and lesser-known bouts. If you do your research and take the time to learn about individual boxers, you will find some great values on the internet. Over time, you just might be able to turn a long term profit.