How to use spread betting in boxing
Spread betting is a form of wagering that involves predicting the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome.
In the context of boxing, spread betting can be applied in several ways. Here's a basic guide on how you can use spread betting in boxing:
Round Betting: This is one of the most common forms of spread betting in boxing. Here, you're betting on the round in which the fight will end. The spread might be set at 7.5 rounds for a 12-round fight, for example. If you think the fight will end in fewer than 7.5 rounds, you would 'sell'. If you think it will last longer than 7.5 rounds, you would 'buy'. The more right you are, the more you win, but the more wrong you are, the more you lose.
Total Points Betting: In some fights, particularly amateur bouts, the winner is determined by points awarded by judges. A spread betting firm might predict a total number of points for a fight, and you can bet on whether the actual total will be higher or lower.
Fight Minutes: This is a bet on how long the fight will last, in minutes. If a spread betting firm predicts a fight will last 36 minutes (12 rounds of 3 minutes), and you think it will end sooner, you can 'sell'. If you think it will go the distance, or even into extra rounds, you can 'buy'.
Knockdowns: This is a bet on the number of times a fighter will be knocked down during the bout. The spread might be set at 2.5, for example. If you think there will be fewer knockdowns, you would 'sell'. If you think there will be more, you would 'buy'.
Method of Victory: This is a bet on how the fight will be won. The options might include knockout (KO), technical knockout (TKO), disqualification (DQ), or decision (points). Each outcome is assigned a spread, and you can bet on whether the actual outcome will be higher or lower.
Remember, spread betting can be risky as losses can exceed your initial stake. It's important to understand the concept thoroughly and bet responsibly. Always consider the form and record of the boxers, the style matchup, and any other relevant factors before placing your bets. As a bonus, some betting platforms offer promotions to new users, such as a Bet 10 get 30 offer, which can provide you with extra funds to get started.