Wagering on boxing has been very lucrative over the years for bettors. We’ll take a look at ways to minimize risk while maximizing profits, especially for the bettor looking to dip their toe into the pugilism betting pool for the first time.

Legality of Boxing Betting Bettors from around the world are more than welcome to place a bet on boxing. However, there are certain parts of the world where the laws prohibit online sports betting, such as the United States. Therefore, most Americans will make their way to offshore sports betting sites in the hopes of winning a wager. View boxing odds and bet online legally, securely, and easily on boxing matches and more. Download the tiny BetOnline Client, your instant connection to BetOnline. Run it and install it on your computer - it'll place the BetOnline Icon on your desktop.

Boxing betting: Ways to bet

Access USA TODAY Sports’ betting odds for a full list of today’s sports betting odds and lines.

2-way betting: Each individual bout can simply be wagered upon picking a straight-up winner, similar to a moneyline bet in the other major sports, with a favorite and an underdog.3-way betting: Each individual bout can be wagered upon picking a winner or by choosing to select a draw (or tie).Method of victory: If you like a fighter to win, but perhaps he is an overwhelming favorite, you can be more specific to mitigate your risk. There are a few different ways a bout can end. A fighter can win on points, either by KO/TKO/Technical Decision or disqualification (DQ).Round betting: Fights, particularly the big-ticket events, can be bet by picking a winner in a particular round. Rather than betting on the 2- or 3-way betting line, it can be more lucrative to bet on a fighter to finish his opponent in a particular round. It’s difficult to pinpoint, and sometimes it’s good to bet on several rounds to be on the safe side, but it can pay off very handsomely.

Boxing betting: Key betting terms to know

Favorite: The fighter who is more likely to win the fight will require more than your return on investment.Underdog: On the flip side, this is the fighter not expected to win. It can be more lucrative than taking the favorite, as you will return your stake and plus-money from your wager.Push or Draw: A wager which ends in a tie, which is not a losing ticket, but not a winning ticket, either. You simply receive your wager back.Chalk: This refers to a heavy favorite. For example, -200 and higher is considered heavy chalk.Parlay: If you were to bet two fighters to win on the 2-way line, for example, you would need to win each end of the bet to cash. You can still win a parlay if one end wins and the other is a push.

Boxing betting: How do odds work?

Boxing odds can vary greatly. Sometimes the favorite is not too expensive, but other times, particularly in undercard or preliminary events, the favorite can have rather high odds. For example, if you were to bet a heavy favorite at -800, you would need to risk $80 to profit just $10. An underdog wager at +550 would profit $55 on a $10 bet.

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Are you looking for the best sites for betting on sports and horse racing? Well, stick around, because this is all about showing you the best online betting sites.

Here are the 3 Best Online Betting Sites / Sportsbooks

Bovada

Bovada has changed the face of Sports betting online. They have a great sportsbook, racebook and one of the largest online poker rooms for players in the US. Their racebook is only open to North American thoroughbred and harness races.

Bonuses

Bovada offers a 50% signup bonus up to $250 and a bitcoin sports bonus of 50% up to $500 with a promo code. There is also a 100% match bonus eligible up to $1,000 and a bitcoin casino signup bonus of 150% match up to $1,500, both of which are redeemable up to three times. You starting bonus requires you to bet 5 times the amount of your initial deposit and bonus.

Deposits and Payouts

They only offer two ways to make a deposit and that is with credit cards and bitcoin.

Their payout system has improved massively over the years. In the past, this was the main complaint about Bovada, but now that they fixed it by speeding up the process and being one of the first online sports betting sites to offer bitcoin withdrawals.

The minimum deposit amount is only $20.

Customer service

They offer 24/7 toll-free customer service via telephone. They can help you in English, Spanish or Portuguese, and they don’t offer live chat, the wait time is about 1 minute on phone calls and a few minutes for emails. Bovada covers all the major sports. They offering straight bets, teasers, if bets parlays, futures, and props on just about any sport. This makes Bovada one of the best Online sports betting sites.

BetOnline

BetOnline is great for sports gambling online in many ways, but especially with baseball. They constantly work to improve the online experience with their bonuses and other elements such as betting types.

Bonuses

BetOnline has a 50% signup bonus up to $1,000. There is also a 25% reload bonus eligible up to $1,000 and a $100 bonus for every friend who signs up and makes a deposit.BetOnline also has free play reload bonuses.

Deposit and Payment Options

You can make a deposit with Visa, Mastercard, Discover Card, Diners Club cards or American Express. They also accept Moneygram or Western Union transfers, bank wire transfers, Bitcoin and Etherum deposits, checks, or you can send money from your Skrill account. Offering so many options makes them one of the Best Sports betting sites.

The minimum deposit amount is only $10, which is the lowest you’ll find.

Customer Service

Las Vegas Boxing Bet Online

They have great, round the clock customer service. BetOnline has live chat, a toll-free phone number both can be reached 24/7 in English or Spanish.

Having separate email addresses for the casino, racebook and sportsbook is a huge plus in terms of getting results when you have a problem.

BetOnline is a great gambling site because they put lots of effort into their Racebook. They have a well-run blog that offers advice for gamblers of all skill levels and they really know how to keep novice bettors interested and coming back.

Boxing Bet Online

MyBookie

MyBookie is another place which offers Sports betting online. They are newer than the others but already have a great reputation online.

Boxing Bet

Bonuses

Betting On Fights Online

They 50% signup bonus up to $1,000, a 100% casino signup bonus up to $300. While the refer-a-friend bonus is only 10%, that can be offset if you refer high ticket customers to them. They also have a 3- tier loyalty program that offers free payouts, birthday gift cards, game seats, and more bonuses.

Deposit and Payment Options

They accept Visa, Mastercard, Bank Wire, Check, and Person-to-Person Transfer for deposits. The minimum deposit amount is $50. You are allowed one free payout, then you’ll be subjected to a fee for each withdrawal.

Bet On Boxing

Payouts are completed within 48 hours. This makes them a top sites out there.

Boxing Odds On Upcoming Fights

Customer Service

Boxing Bet Online

They offer a live chat customer service or you can call them 24/7, but they only support English. They are one of the newest betting websites, but they’re one of the top sites for Sports gambling.

These websites are Best Sports betting sites because they value their customers and constantly work to make improvements.