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About Chad Hugo Stephenson

How to win money betting on Boxing

Boxing may be about two men standing in the ring, but there’s a good deal of things if you would like to win cash to take into account when it comes to gambling on a struggle. Jack Houghton clarifies…

Formats and Tournaments
With the virtual disappearance of all top-flight competitions from terrestrial television in the mid-1990s, boxing turned into a market betting sport, with many British bookmakers only pricing up a restricted number of niches on high-profile events involving the likes of Naseem Hamed, Joe Calzaghe and Lennox Lewis.

However, in the past few decades, with the continuing success of British fighters like Ricky Hatton, Amir Khan, David Haye, Carl Froch and Ricky Hatton; the wide access to the very best international pay-per-view bouts; and the achievement of tournament formats like the Super Six and the Betfair Prizefighter series; boxing betting volumes have soared, and the would-be boxing punter has never had much opportunity and decision.

With that chance comes increased risk. With so much on offer, it’s easy to bet on spells where your understanding and insight is lacking, which is why, more than ever, the well-informed, disciplined and informed boxing punter will benefit from a substantial advantage in markets that are still often dominated by hype and hyperbole over a rational assessment of boxing possibility.

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Most Popular Markets
Match Odds
Round Betting
Method of Victory
Go the Distance?
Tournament Win Markets

Golden Rules
Look for the worth, not the winner
Much like long-term boxing adulthood can frequently mean eschewing earnings. Backing fighters at 1.12 will likely indicate that you win a good deal of bets, but within a few months, even if those 1.12-shots should have no more costs, you’ll find you’ve lost money. Until you have decided in your head what those chances should be to prevent this scenario, it is ideal to ignore the chances. The very best approach to do so is to think about percentages: of occurring, what chance does each outcome have?

For example, when Amir Khan fought Carlos Molina in Los Angeles in an effort to re-establish his floundering career, it may have been reasonable to say Khan should had an 80% chance of winning this fight: he had a new trainer that had expressly worked on his defensive abilities and consistency, had struggled better opponents, was established in the weight class, and Molina, though unbeaten, hadn’t revealed himself particularly adept at quitting his rivals. Molina, in contrast had a 15% chance of winning, whilst the draw needed a likelihood.

Converting these proportions is straightforward. Dividing one by 0.80 (80%) gives you chances on Khan winning of 1.25, dividing one by 0.15 gives you chances on Molina winning of 6.70, and dividing one by 0.05 gives you chances on the attraction of 20.0. Equipped with the odds you think the many different outcomes should be, it is time to look at the markets. In our situation, Khan was a much shorter price – around 1.10 – that meant that the value-savvy punter would have laid khan, backed Molinaleft or abandoned the market alone. Khan won the struggle with a performance, as it occurred, but taking this strategy is a lot more likely to bring profits than always financing the fighter you think will win in the odds available.

Don’t overestimate form that is recent
Humans have a tendency to overplay the significance of recent occasions. To borrow the example of economist Ha-Joon Chang, ask most people which innovation is more important, the washing machine or the internet, and most will plump for the latter (Betfair punters especially, no doubt), in spite of the fact that there is a strong argument to say that the availability of cheap household appliances from Western societies meant that girls had the time to find paid job: which has had a far more significant effect on society than our ability to put bets on our smart-phones.

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