How To Place A Bet On Boxing In Vegas

While Vegas sports betting has been legal for quite some time, and the only place where sports fans could legally place bets in the United States for decades, it is still making record-breaking revenue for the state of Nevada year after year. It’s hard to walk down the Vegas strip without finding a land-based sportsbook where you can place a multitude of sports bets. Boxing Betting Online Tips and Guide Boxing used to be one of the most popular sports to bet on, but in recent years, its popularity has declined. Despite the recent decline in interest, boxing recently proved that it is still the biggest draw in town when it comes to betting, with the Floyd Mayweather vs Manny Pacquiao super fight. The fight broke a lot of records in terms of PPV buys. Here are five tips and betting strategies for boxing to consider before throwing down your money. 1 – Look at the Moneyline. If you have experience in sports betting, this should be a common-sense place to start when you’re looking to gamble on a fight. If you’re not sure how the moneyline works, I’ll explain. For example, if you want to bet $100 on the Las Vegas Raiders point spread and the number for Las Vegas is 630, you can tell the ticket writer, “I would like to bet 630 to win $100.” This means you are placing a bet that Las Vegas will cover the wager. Why William Hill Sports Book at Downtown Grand?

The big board at any Vegas sports book is a sight to behold. A slick cross between the New York Stock Exchange and a McDonald’s walk-up menu, the boards are updated moment to moment and bet to bet, giving a sports gambler all the data he needs to make a smart bet.

How to Bet on Boxing Boxing betting is very simple, you just wager on who you think will win the fight. This form of boxing betting is known as money line betting, which is usually the only form of boxing betting you can find at online sportsbooks these days.

These boards are copied and pasted into the newspapers or shrunk to fit computer screens and smartphone apps but nothing measures up to the real thing. Hundreds of games, thousands of bets. All listed above you.

The big boards in Vegas tell us many things. The favorites. The underdogs. The payout. Where the money is. Knowing how to read Vegas Odds is important to every gambler not just to place a bet, obviously, but to place a smart bet. And that’s all good gamblers want to do. They want to make smart bets, win 60-70 percent of the time, and move on to the next bet.

But how do the big boards in Vegas work? What are they telling us? And what can we derive from them? It is just as important to know the odds you’re gambling with as it is to know the sport you’re gambling on. Making a smart bet is the goal. And smart gamblers use all the information available in order to do so.

For a brilliant summary for reading Vegas Odds 101, listen to our Sports and Vegas Odds Podcast episode where Ryan breaks it all down for you:

American Odds

Vegas odds are often referred to as “American Odds” because Americans always have to be different. We ignore the metric system. We call football, soccer. We drive on the wrong side of the road. Why would sports gambling be any different?

American odds are presented in the form of a $100 bet. They’ll indicate the amount you need to wager to win $100 or the amount you’ll win if you bet $100. So, for a favorite, the odds will begin with a minus (-) sign. This is the amount you need to bet in order to win $100.

On the other hand, the underdog’s odds will begin with a plus (+) sign. This is the amount you will receive if you were to bet $100. This does not mean you have to bet $100. Or mean that you can only bet as much as $100. See, Americans have to be different. Hang in there because we have some examples forthcoming.

These odds will come into play a few ways depending on the type of bet you place. The moneyline, the point spread, and the totals (over/under) are all bets available on the board. Let’s look at how to read them in Vegas with the odds.

The Moneyline

Simply put, a bet on the moneyline is an odds bet. It’s where “American odds” can easily be seen. With a moneyline bet you’re simply picking the winner and the payout is determined by the odds.

Obviously, a bet on the favorite is going to pay out less than a bet on the underdog. Let’s look at an example of a moneyline bet with an NBA game and how it would appear in Vegas. The Pacers/Cavs line.

  • Indiana Pacers +350
  • Cleveland Cavaliers -440

The Pacers are the underdog on the moneyline at +350. The Cavs are the favorites on the moneyline with -440. This means a $100 bet on the Pacers to win pays $350. And that you would have to wager $440 on the Cavs to win $100. This ratio holds true for a wager of any amount. A $10 bet on the Pacers pays $35 while a $10 bet on the Cavs pays $2.27. So on and so forth.

The Point Spread

The most common and popular of sports bets is the point spread. As simply as we can put it, the point spread is the number the oddsmakers use to handicap the favorites to even-up the final score of the game. This in turn sparks more interest, which leads to more bets, which brings in more money. Again, the Pacers/Cavs line.

  • Indiana Pacers +8 -110
  • Cleveland Cavaliers -8 -110

First the -8. As noted, the Cavs are the favorites so they are giving points (8) to even up the final score. In order for the Cavs to win the bet and cover the point spread, they’d have to win by nine or more. If the Pacers stay within seven points, the Cavs fail to cover the eight points and lose the bet. If the Cavs win by eight points, it’s a “push” or a tie and all bets are returned.

Now the (-110). This number is the odds a bet on the point spread will pay out. Just like on the moneyline, since the Cavs are the favorites, you’ll have to bet $110 to win $100. You’ll notice a favorite covering the spread pays out much better than a favorite on the moneyline. You’ll also notice the favorite and the underdog have the same payouts with the point spread. This is what makes playing the point spread so popular.

Some teams are evenly matched and there isn’t a point spread at all. This would be a “pick’em” or “pk” on the big board. And the odds on the moneyline would match as well. These are “EVEN” odds. When playing the point spread the payout number will vary. -110 is about industry standard but you’ll notice -105’s, -115’s, and even as high as -125’s on point spread bets at times. More on this later but it is important to note these variations.

Totals

The totals is a bet on the total number of points (or runs or goals) scored in the game. The oddsmakers will set the number and bets are placed on whether or not the total score is OVER or UNDER that number. The number appears on the big board next to the underdog like so:

  • Indiana Pacers vs. Cleveland Cavaliers 212.5 -110

The number set for this game is 212.5. Since the .5 has eliminated the chance of a push, an OVER bet will win if the total score is 213 or higher. An UNDER bet pays if the total score is 212 or lower. And, again, the payout for a win is -110.

Totals bets are seen as something of a sucker’s bet. Despite your opinion on the matter, we have to admit they are a little strange. You are wagering on what the total score will be. Not picking a winner. Picking a score.

How To Place A Bet In Vegas

So, it’s different than a normal who’s-going-to-win-the-game-and-by
-how-much kind of bet. However, this number is providing the gambler more information about how the oddsmakers feel about the game and that is important when making a smart bet.

Placing a Wager

The other set of numbers you will see on the big board are the rotation numbers. These are numbers assigned to teams so the sports book can easily distinguish one for the other. They appear to the left of the teams in a game on the big board as such:

  • 101 Indiana Pacers +350 212.5
  • 102 Cleveland Cavaliers -440 -8(-110)

These numbers simply help the sports book as well as the gambler keep track of the bet. Listed on the big board are dozens of sports, hundreds of teams and thousands of bets that can be played. It’s a good idea to keep them as organized as possible. There are at least six professional teams in New York by itself after all. Like the horses’ numbers at the track, rotation numbers just cut down on the confusion when placing a bet.

“Give me New York -220 on the moneyline for $50.”
“Which New York, dumb-dumb…”
“Sorry, 303. I’m an idiot”
“Yes, you are.”

How To Place A Bet On Boxing In Vegas Nv

Don’t be that guy. This is the proper way to lay a bet in Vegas. Rotation Number, Type of Bet, Amount of Wager. Everyone appreciates a well placed bet and no one likes that guy…

Reading the Big Board

How to place a bet on boxing in vegas nm

Now that we know how to read Vegas Odds, we need to learn what the Vegas odds mean… That is, what are these numbers telling us in the context of the game we want to wager on. We have studied the teams, we know the rosters. What can the lines tell us to make our bet a smart bet?

Once a game is scheduled and it’s odds are posted, the bets are going to start coming in. Now, it’s in the sports book’s best interest to keep the bets as even as possible. This is why oddsmakers give you a pay out at -110.

Understanding the Vig or Juice

That’s a $110 dollar bet to win $100. Take the favorite and give the points. You’re paid out at -110. Take the underdog and get the points. You’re paid out at -110. OVER or UNDER the same. -110. This is the industry standard and goes back to the mob-only days of oddsmaking.

Where does that $10 bucks go you ask? Well, that $10 bucks on a $100 bet is the “vig” or “juice.” It’s the price for laying a bet. A little bit extra the oddsmaker gets to keep for fronting the wager.

Keeping the bets as even as they can on either side insures their money. Collect from the losers and short change the winners. It’s a brilliant business model only the mob could come up with and only Vegas would still employ.

Now, most betting lines will just give it to you straight. The favorite pays this much, you get this many points, the total is this. What we are looking for are the variations. We can ascertain plenty of valuable intel from these variations.

Why is the payout on this game -115? And why is the payout on this game EVEN? Why is the moneyline different from yesterday? And why is the point spread moving up? The devil is in the details.

Watch As The Point Spreads Move

The most obvious variation is the movement of the point spread. As the bets start coming in, the oddsmakers track which team is receiving most of the betting action. The point spread will move because the oddsmakers will change the line to try to even up the sides. Remember, they want just as many people on one side of a bet as on the other.

More people are taking the Cavs giving the eight points? Raise the point spread to nine. All of a sudden, more bets will come in for the Pacers getting the nine points. Oddsmakers can do the same with the moneyline as well as the total line. And for the same reasons.

But what does this information tell us? The line has moved up even more and now the Cavs are -10 point favorites. This means, despite the oddsmakers best efforts, more wagers have been placed on the Cavs than on the Pacers.

Smart Bettors Know Where The Action Is

Knowing where the money is can help you make a smart bet. One theory is the The-House-Always-Wins-Rule. Basically, this theory suggests you bet against everyone else and with the house because the house always wins. If more people take the favorite, the points they are giving went up and you should take the underdog.

If more people are picking the underdog, the points they are receiving have gone down and you take the favorite. It makes sense in theory but maybe not in practice. Remember, the oddsmakers want the sides to be even.

They aren’t in the business of placing their own opposing bets. What is important is knowing how everyone else is betting and the knowledge that a large segment of the gambling population shares your opinion.

Or if you think the gambling population is foolish, well, you know what to do. However you feel, keep an eye on how the line moves. It may help you make a bet you wouldn’t have or avoid a bet you were going to make.

A Close Look at the Payouts

The payouts on the point spread can vary as well. That standard -110 will turn into -105’s or EVEN’s. Or go the other way to -115’s, -120’s, or -125’s. What is the reason for these variations? It’s a lot like moving the point spread.

The oddsmakers want to even up the bet. There’s only so many points a bookie is going to give. Offering a little more here or a little less there on the payout may be enough to influence the betting action. However, you can tell where the oddsmakers are hedging with these numbers.

If the payout gets better than -110, the oddsmakers have the sides even up, love the point spread and want you to bet it and lose. If the payout gets worse than -110, the oddsmakers know they have a bad number and want to cut their losses.

Vegas Wants You To Gamble – Be Smart

Making smart bets is the name of the game. The only way to make smart bets is to gather as much information as possible and master how to read Vegas Odds. Get to know every bet as well as you know every team. Get to know all the odds as well as you know every player.

Otherwise, you’re just playing the lotto. Remember, Vegas wants you to gamble. It’s going to give you all the information it can in order to gamble. It’s up to you to use it.

Test your knowledge on some small starter bets. We’d recommend any of the following for players outside Las Vegas but there are plenty of good options for US players (just make sure it’s not illegal in your state):

Welcome to the boxing betting section of SportsBetListings.com. Boxing betting has reemerged as one of the most wagered on sports in recent years. I think a big reason for this is the heavyweight title contenders in Anthony Joshua, Tyson Fury and Deontay Wilder bringing eyes back to the heavyweight division, as well as superstars like Canelo Alvarez stepping in as the face of boxing, while Floyd Mayweather and Manny Pacquiao age out of the sport. Another big reason for the resurgence has to be the spectacle events such as Floyd Mayweather vs Conor McGregor or the YouTube boxing matches such as KSI vs Logan Paul. These fights have brought a lot of new eyes to boxing and they are always widely wagered on events.

Below I will recommend our top three rated betting sites for your location, share recent articles from our resident boxing expert Ian, outline the main bets you can make on a boxing match and finish with a simple 3 step guide you can follow to bet on boxing online.

Top Boxing Sportsbook

SportsbookRatingBonusReviewVisit
50% up to $1000
See Website for Details

Recent Boxing Articles

Jake Paul vs Ben Askren Betting Line and How To Bet Guide

Jake Paul is making a quick return to the boxing ring, this time facing UFC veteran Ben Askren in an 8 round boxing match on April 17th. Paul vs Askren...

Anthony Dirrell vs Kyrone Davis Betting Odds and Prediction

Anthony Dirrell vs Kyrone Davis Preview Feb. 27th Former WBC Super Middleweight Champion Anthony Dirrell of Flint, Michigan will be taking on Kyrone Davis of Monmouth County, New Jersey in Los...

How to place a bet on boxing in vegas nm

Boxing Betting Options

Boxing betting is very simple, you just wager on who you think will win the fight. This form of boxing betting is known as money line betting, and it is often the only bet you can make on the lower profile boxing matches. The higher profile fights such as Fury vs Wilder or any Canelo fight will also offer prop bets such as round betting, method of victory, fight to go the distance and more.

Boxing Money Line Betting

With a money line bet you simply bet on which fighter will win the match and your potential winnings are determined by the odds associated with each fighter. Bets on the favorite will obviously payout less than the same bets on the underdog. Here is an example using a potential bout between Tyson Fury and Anthony Joshua:

In this potential fight Tyson Fury is the favorite with odds of -190. This means you would have to wager $190 to win $100 (payout of $290) betting on Fury. Joshua would be the underdog with odds of +165, which means a $100 wager would win $165 (payout of $265) betting on Joshua.

Boxing betting is a straight forward as it gets. Place a wager on which boxer you think will win the match and if their arm is raised after the bout your bet is a winner.

Boxing Prop Betting

There are many other bets you can make on the higher profile boxing fights. Here is a list of some popular boxing prop bets with brief explanations of the bets:

How To Place A Bet On Boxing In Vegas Las Vegas

  • Total Rounds – An over/under bet on the length of the fight. The oddsmaker will set a “total” and you can bet on whether the length of the fight is over or under that many rounds.
  • Method of Victory – A bet on the winner of the fight + how they win. For example you could bet on Canelo Alvarez to win by knockout or Canelo to win by decision.
  • Round Betting – A bet on the winner of the fight+ the round they win in. For example you could bet on Canelo to win in round 3.

There are plenty of prop bets offered on the high profile fights. If you have a good idea of how the fight could play out you can often get a much better return on your wager when betting props than just betting on the winner.

How To Bet On Boxing Online – 3 Step Guide

Follow these three steps to place your boxing bets online.

Step 1. Join A Betting Site

First you will need to open an account with an online betting site. I recommended a few sportsbooks based on your location above. I will be using BetOnline.ag for the remainder of this guide.

Click here to visit BetOnline.ag. Click ‘Join Now’ on the home page and fill out the registration form to open an account.

Step 2. Deposit

After logging into your account click on the ‘Deposit’ button. Choose your preferred deposit method, enter an amount, and follow the instructions to fund your account.

BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Skrill, and more depending on your location.

Step 3. Place Your Boxing Bets

How To Bet On Boxing In Vegas

You’re ready to place your bets.

  1. Click ‘Sports’ from the top menu bar and open the ‘Boxing’ drop down menu.
  2. Select either ‘Bouts’ or ‘Boxing Props’ and the event that you want to bet on.
  3. Select the odds of the fighter or wager that you want to bet on to add it to your Bet Slip.
  4. Enter your wager amount and click ‘Place Bet’ to lock in your bet.

How To Place A Bet On Boxing In Vegas Nm

Ready to bet? Click here to visit BetOnline.ag.