Before starting this article, I caught myself wondering when the first ever bet was placed? I would imagine gambling has been around since the dawn of humanity. I believe it’s in our blood to wager a bet; therefore, it is important to collaborate all necessary information to give yourself the greatest chance of coming out on top.
In relation to the history that humans have with betting, boxing comes to mind as one of the original sports, which it was – boxing originates somewhere from within the 12th century! Well, I think all combat sports come into play in that regard – people love to watch a fight. As the UFC president, Dana White, stated:
‘It’s in our DNA, It’s what we do!’
When placing a bet in the boxing arena, there are a few key things to be aware of – where to wager your bet is a big one, in other words, which bookmaker you should choose. There are an almost unlimited number of bookies out there for you to choose from, and choosing the right one is nearly as hard as picking the bet. From personal experience, the major sites seem to offer the best odds and the most security, which means you can place a bet feeling a little bit safer.
Boxing, in the past, has seen its fair share of discord in regards to betting. This was due mainly to the explosion in the 1970’s, when boxing gambling was huge, and unfortunately, alleged match fixing was rampant—the punters left in droves. Boxing, however, has since gained back public confidence and the integrity of the sport is at a higher level.
When it comes to actually placing a bet, the money line system is pretty straight forward – although there is confusion due to the ‘American money line system’, which we don’t really use, but Australian betting agents often use the same name.
Although the Australian system is sometimes referred to as the money line system the correct term is head to head betting, and will look like this:
Anthony Mundine $1.25
Vs
Slugger Mcgee $3.45
Meaning that when you place a winning bet on Mundine, you would times your wager amount by the win rate; so, if you placed $50 on Mundine, you would win $12.50.
$50.00 x
$1.25
$62.50
= $12.50 win
Most online betting agencies will have a spread of bets available. Examples would be KO Win or What Round. Check out your favourite sports betting company for all that they are offering, and have yourself a KO bet.Boxing Betting – KO the Competition!,
Hello jasmin, i have read your blog. And your right, people love to watch fights. its in our DNA and its what we do.
Thank you shun,
I appreciate the comment