The gloves are on and the adrenaline is pumping as the two fighters prowl the ring. Boxing is an exhilarating sport to watch, and even more exciting to bet on. That’s why Parimatch dedicates itself to ensuring that users have access to the widest range of boxing betting opportunities in Africa.

Parimatch’s state-of-the-art online sports betting app makes lines at the bookies a thing of the past — enjoy boxing betting directly from your smart device. Sign up for a free Parimatch account today to bet on boxing fights online without the hassle! It’s creeping up to the big fight night, and all you can think is “I want to bet on boxing”. Luckily for you, Parimatch caters for all Tanzania’s boxing fans with our next-generation sports app, enabling app users to bet money on boxing in minutes. Want to know more about betting on boxing, here’s a quick guide.

What Are the Best Odds to Bet on Boxing?

Boxing betting is pretty straightforward. Most often you are placing a bet on who is going to win the fight. Unlike other sports, boxing is a little unpredictable as you don’t know how many rounds will be fought. This is because one opponent could be knocked out (straight knockouts or technical knockouts [T.K.O]) or surrender at any point, which would render the match over.

In this respect, betting on the winner is the most popular form of boxing betting. The problem with this is that it is often difficult to find value in these types of bets. The reason for this is that there is usually a clear favourite.

In order to understand why a clear favourite makes it hard to get value from boxing betting, you need to understand how betting odds on boxing work. On the Parimatch platform, decimal odds are used as these types of odds are the easiest to understand.

Boxing odds not only show you how much your potential winnings from a boxing bet could be, odds also demonstrate the implied probability of a bet paying off. In order for a boxing bet to bring real value, it needs to be likely to win and also bring you good profit. In this sense, it’s a good idea to look for boxing matches where there is a favourite, but it’s not a runaway pairing. By doing this, you’re likely to get more profitable odds but you still have a higher chance of winning by betting on the favourite.

To illustrate this, take this boxing match between Lewis Ritson and Miguel Vazquez:

• Lewis Ritson — 1.04
• Miguel Vazquez — 7.20

As you can see, the odds are high for Miguel Vazquez, indicating that he is the underdog. High odds mean a low likelihood of winning, as per the phrase high risk, high return. Lewis Ritson has very low odds, showing his high chance of winning. The large discrepancy between the two odds demonstrates that Vazquez is the underdog by a considerable amount.

To work out how likely it is for either fighter to win, you divide 100 by the decimal odds displayed. The probability of Lewis Ritson winning the fight is 100 divided by 1.04, giving him a 96% chance of winning. Conversely, Miguel Vazquez only has a 13% shot at winning.

It’s important to understand that the implied probability percentages equal over 100%. The extra percentage is known as the over-round and is the bookie’s profit. Despite this, the odds quite clearly show who is the favourite to the underdog.

In this scenario, it makes sense to bet on the favourite as Ritson is far more likely to win. However, with a 10,000 TZS bet, the payout would only be 10,400 TZS if Ritson won, giving a meagre profit of 400 TZS.

A more fruitful boxing bet would look like this example between Jeffrey Horn and Tim Tszyu.

• Jeffrey Horn — 2.46
• Tim Tszyu — 1.44

As can be seen from the odds, Tim Tszyu is the favourite as the odds are 1.44 compared to Jeffrey Horn’s higher odds of 2.46. However, compared to the previous example, these odds are far closer together. This means there is less of a discrepancy between the fighters, so the underdog has a higher chance of winning.

In this fight, Tszyu’s chance of winning is a little over 69%. This means there is a high possibility that Tszyu, as the favourite, will win. However, unlike the low odds in the previous example, if you bet 10,000 TZS on the favourite and he won, you would get a payout of 14,200 TZS, with a profit of 4,200 TZS. These are far better betting odds to place a wager on as the chances of winning are high AND there are profits to be made.

What to Consider when Betting on Boxing?

As a boxing bettor, you'll probably want to place educated bets that will bring you profit. Here are some tips and strategies that will help you to act wisely in your predictions. Think about the following when you place a bet for a boxing match.

• What is the fighting style of both fighters? Are they punchers or brawlers?
• How did they perform in their recent fights?
• Which weight category do they belong to?
• Are there any known injuries they’ve recently had?
• Who is judging the match?
• What can you see from the fight’s odds?

Why Bet on Boxing with Parimatch?

At Parimatch, we like to keep it clean and simple. Rather than complicating our betting systems, we like to offer our users the easiest boxing bets on the market. We offer outright boxing wager so you can simply hop online and choose a match winner from our vast array of online matchups.

Moreover, users can choose between live and pre-match betting. For pre-match betting, select the winner you think will be victorious and secure pre-match odds before the fight starts. For those who like to roll with the punches and the knockdowns, jump into action with live betting. Unlike pre-match betting odds which stay the same throughout the match no matter what happens, live betting odds change with the action. Live betting odds will alter, responding to events that unfold in real time. If you like the thrill of the chase and would rather judge a fight by what’s happening on the day, enjoy live boxing betting on the Parimatch platform.

Want to enjoy live and pre-match online boxing betting directly from your smart device? Download the Parimatch app for free today to see why we’re the number one online boxing betting site in Tanzania!

And don’t forget that with Parimatch you can also bet on MMA, UFC, cricket, water polo, and more!