How To Bet On Tonight's Fight
Demand is sure to be high as AJ returns to the ring for the first time since his victory over Joseph Parker in March.
- Learning how to read boxing odds is half the battle. The other half is sitting back and watching the fight to see if you’re in line to win your bet. Boxing Odds Explained. This page shows odds for moneyline bets. These are bets where you pick the fighter you think will win the fight. Boxing odds generally look something like this.
- Find out the best sports betting sites and apps to use and learn how to place a legal sports bet online to make money.
- If you bet on the Cowboys against the spread, they have to win the game by at least six points for you to win your bet. Dallas is said to be “laying” 5.5 points in these circumstances.
- Bet on Boxing with Paddy Power and browse the odds on a wide range of markets. Bet In-Play Cash Out Browse Boxing Betting Offers.
So, you’ve used our other articles to learn how to bet on MMA, and you’ve managed to win a bit of cash and hide it from the wife. You’ve seen the odds on parlay betting, and figured maybe it was time to capitalize on those big odds. How hard can it be, right?
Well unless you’ve got a crystal ball, parlay betting can be a bit tricky. But once you’ve got it figured out, you can make some serious cash.
A parlay bet, also known as accumulator in the UK or a combo bet, is a single bet that links several individual wagers together in order to combine the payout odds.
The benefit is a higher payoffs than betting each event individually, with the wide risk of losing all your stake if one of the bets losses. If any of the bets in the parlay result in a “push” or tie, the parlay moves to a lower number of bets with odds reducing accordingly.
Parlays come after a single bet (doubles are also parlays). 2 bets and beyond are considered parlays, but the different combinations might have other exotic name of their own (source 1).
In the most common of MMA parlays, gamblers need to pick the winner of several fights and win all of them. Make one wrong pick, and you lose the whole bet. This doesn’t mean that it’s a suckers bet, it just means you need to do a lot of research to determine who to put your money on.
Parlay MMA Odds
Parlay odds pay higher than taking individual bets, but it still pays below true odds. A 2x MMA parlay pays out 2.6x , when true odds should be 3x. That missing payout is considered to be the sportsbook´s fee.
Are MMA Parlay Bets Profitable?
Compared to single bets parlays are way more profitable, the issue stands on the added risk. For parlay betting on MMA you need to master 2 things, fight knowledge and betting strategies:
1. MMA Master Mind. Gamblers need to go beyond the main fights and know their fighters well to figure out what are their true virtues and weaknesses are. Off stream fights offer better odds and underdogs show up every time, you just need to be well informed and follow fighter statistics. Some of the most popular MMA sites offer statistical tools like fightmetrics.com (source 2), the official UFC statistical feed used by sites like ESPN and Yahoo.
2. Betting Strategy. The backbone of any gambler that has ever made money consistently. Professional bettors divide their total bankroll on several sportsbooks, and apply a piece of their entire strategy one each after following 4 basic betting tips. A parlay strategy could include a double bet on one site and a hedge bet on another. Hedge betting is done to offset the cost of a loss with a bet on another sport event, or the same fight but another type of bet.
Bonus: If you are a rookie in sports betting, your best option would be to find successful MMA bettors on social media that offer their services for free or a small fee. You can find tons on Twitter, Facebook or on tipster community sites. Make sure to follow their progress on a spreadsheet before you jump in to follow. They usually apply strategies and have a full understanding of their specialized sport.
Think about different ways you can leverage your risk by betting on different sites and avoiding the limiting conditions on tactics mentioned in the TOS. Bet different stake sizes in order to recover from losing bets on other sites, or use only a portion of your wins to try luck on interesting high paying parlays.
Parlay Payouts
Consider a $100 bet with the stake not included in the payout:
2 team parlay – 13/5 odds, pays $260
3 team parlay – 6/1 odds, pays $600
4 team parlay – 10/1 odds, pays $1000
5 team parlay – 20/1 odds, pays $2,000
6 team parlay – 40/1 odds, pays $4,000
7 team parlay – 75/1 odds, pays $7,500
8 team parlay – 150/1 odds, pays $15,000
9 team parlay – 300/1 odds, pays $30,000
10 team parlay – 700/1 odds, pays $70,000
11 team parlay – 1100/1 odds, pays $110,000
MMA Parlay Example
Let’s look at a past event for an example – UFC 111
You’ve got a $1,000 bankroll on this event. You could split that up, and put $500 on Hardy, $300 on Carwin, and $200 on Brown, and if you win on all 3, you’d profit about $3,159. But if you were to place a parlay bet (+515 Hardy/ +108 Carwin / +130 Brown) and these three picks won, you’d profit about 3 times better – somewhere around $9,479. Not too shabby!
The downside of the parlay, if any one fighter loses – you lose the whole bet. And anyone betting on Hardy over GSP deserves to have someone take their money!
If parlay is the way you want to go, you need to make sure you know who is fighting and what their strengths and weaknesses are. Research the different fighters so you can determine who has the edge in a particular match, and then take a shot. We do recommend beginning with singles, then move to prop bets, and then try out parlays.
If you’re going to take parlays, the best risk versus reward strategy is to bet on two or three fights, max. The odds of you picking four or more fights correctly go down substantially, so be smart and bet realistically. Parlay can be a good option, if you have a good strategy. Great risks can have great rewards. I like to keep my parlays for fun, and then put my big money on straight bets.
Citations
(1) fightmetric.com, Fightmetric, 2016
(2) wikipedia.org, Parlay Gambling, 2016
Copyright 2016 MMAodds.com
How to Bet on Boxing
by Scott L of Predictem.com
Betting on boxing provides an appealing wagering situation for potential sports bettors. There is a beautiful simplicity to ityou have two guys fighting each other and you pick the winner. There is a sense of purity to it. Its man against man. Not team against team. Its easier to handicap. You only have to break down two fighters, not an entire roster of players. Even before the sport became what it is today, people were betting on it. Before there was baseball or football, people were wagering on fisticuffs brawls and scuffles in one form or another.
Fundamentals
You could compare the style of boxing betting to baseball. You have two sides each with a corresponding money line. For example, if the much ballyhooed Manny Pacquiao vs. Floyd Mayweather fight were to take place, the betting line would be something like Manny Pacquiao: +135, Mayweather: -110. The (+) before a number always indicates the underdog, while the (-) always indicates the favorite.
Pacquiao at +135 means you will win $135 for every $100 you wager. Mayweather at 110 means you must wager $110 to win $100. You get your winnings and initial bet back if you win.
Lets use the odds of the Paul Williams vs. Sergio Martinez fight as another example. Williams was 360, Martinez was +300. To win $100 on Williams, you would have needed to bet $360. If you won, obviously you received your bet back plus your winnings. If you bet $100 on Martinez, you stood to make $360 while receiving your initial $100 bet back as well for a total of $460.
An extreme example would be one that very few sportsbooks offered; odds on the Buster Douglas-Mike Tyson upset from 20 years ago. Tyson was 50000, Douglas at +42000. You would have had to put up 50K on Tyson to win a thousand, while a $1000 bet on Douglas would have netted a whopping 42K.
Draws
Draws are the ugly duckling result of the boxing-gambling world, the books delight. It really is dependent on whether a draw is included in the odds as a possible bet. If it is not, a draw results in a wash (push-tie)everyone receives their bet back. But if odds are offered on a draw, both sides will lose if a draw indeed takes place. Odds on draws usually range between +1600 and +2500, in other words 16-1 to 25-1.
If you are making a modest wager on a fight, maybe its okay to disregard the draw component, but if you are placing a large wager, its very wise to cover your bases with a small draw wager just in case. We see enough sketchy judging in boxing to where it is more than warranted. Take the following past match as an example.
Joan Guzman 260
Ali Funeka +200
Draw +2000
The fight was scored a controversial draw. Some bettors jumped on the South African Funeka. Imagine if you bet $100 on Funeka. Even though almost everyone thought he won, you would have lost that bet. A mere $5 wager on a draw would have covered your losses. If you lose, you only lose 5% more. If you win, it easily covers your draw bet. It would have made sense. Funeka was the visiting fighter against the higher-profile Guzman, conditions ripe for a draw possibility. Cover your bases.
Prop Bets
The bigger the fight, the more betting options you will have. One prop bet that will almost always be available to you is the over-under wager. A number of rounds are set and you must simply predict whether the bouts duration will exceed that total or not. This is a very popular wager in boxing. Sometimes a bettor feels a fight will be short or long without having a feeling of who will win the fight.
A number is designated as the over-under. Say its 4.5. In that event, you must simply bet if the bout will last shorter or longer than 4 and a half rounds. It is shocking how many people think this means halfway through the fourth round. 4.5 rounds are actually completed at the 1:30 mark of the fifth round.
How To Bet On Tonight's Fight Ufc
In more notable fights, you will also be able to bet on how a fighter will win. Such a line might look something like this:
How To Bet On Tonight's Fights
Manny Pacquiao by decision or technical decision: +150
Manny Pacquiao by DQ, TKO or KO: +200
Floyd Mayweather by decision or technical decision: +105
Floyd Mayweather by DQ, TKO or KO: +500
A technical decision is when a fight is stopped due to a cut. After four rounds, a fight-ending cut will result in the fight going to the scorecards. Before four rounds, such a cut would result in a no-contest, in which all bets would be returned.
If you want to get even more specific with your bets, you can. Major bouts allow you to pick the exact round you think a fighter will win. Depending on the punching power and durability of the fighters, these odds can range drastically. Nevertheless, picking the correct round will yield you a robust return on your wager.
So, now that you’re in the know on how to bet on boxing, you will need a place to bet. While there are many online sportsbooks on the web, not all are created equal. Stick to one of the biggest and best. You get a huge 50% signup bonus and they take credit cards as well: MyBookie Review.