Guide to boxing betting with cryptoSports and Crypto Betting Insights - Sportsbet Blog

Your ultimate guide to boxing betting using crypto

Your ultimate guide to boxing betting using crypto

Boxing is one of the most popular sports in the betting community as it offers competitive odds and various markets to wager on like football and basketball. With crypto, wagering on the sport is now easier than ever, allowing you to maximise the power of coins including Bitcoin (BTC) and Tether (USDT).

If you’re new to boxing betting using crypto, here’s your ultimate professional boxing betting guide for a worthwhile experience:

Bet on inplay boxing matches using crypto here

Getting started with boxing betting with crypto

Before you learn the best boxing betting tips, it’s important to start with knowing how to bet on boxing using crypto. Getting started is a simple process, all you have to do is follow these simple steps:

  • Set up a crypto wallet → The first thing you need is a crypto wallet to store your coins. There are plenty of wallet options available, both online and offline. Choose a reliable wallet that supports the coin you prefer using such as USDT.

  • Buy crypto → After choosing a trusty wallet, acquire the coin you want to use for boxing betting. You can buy from crypto exchanges or use peer-to-peer (P2P) platforms to buy the coin from other users. Ensure you understand the buying or trading process and follow the required security measures.

  • Choose a bookmaker boxing site → Find a licensed sportsbook that accepts crypto for betting like Sportsbet.io. The site is one of the leading crypto bookmakers that allows you to bet using crypto on various sporting events including boxing. Sportsbet.io also offers competitive odds and markets for an engaging betting experience.

  • Create an account → Register at Sportsbet.io by simply providing your username, email address, date of birth, and password. You can also connect your account from other platforms like Google, Facebook, Telegram, or Line to ease up the signup process.

  • Deposit crypto → After signing up, click the ‘Deposit’ button at the upper right part of the page. You can deposit crypto to your account using MetaMask and Coinbase Wallet or simply scan the QR code provided.

  • Bet on boxing → Browse through the sports betting section of the site and select boxing. Decide whether you want to wager on Inplay (ongoing), Next 24hrs, Future matches.

After checking the odds, finalise the stake amount and bet on boxing with USDT or any of your preferred crypto by clicking ‘Place bet’ on the page’s Betslip.

How to read boxing odds?

Now that you know how to get started on Bitcoin betting on boxing, it's time to learn how to read boxing odds formats. Sportsbet.io offers three boxing odds betting formats you can choose from. These are:

  • Hong Kong → These odds represent your potential profit of a successful bet for every unit wagered. To compute, all you need to do is add 1 from the decimal odds and multiply it by your bet. For example, a bet of 8 USDT on 0.50 (+1) HK odds will give you a total payout of 12 USDT.

  • Decimal → They show your payout for every unit wagered. For instance, if the underdog has decimal odds of 3.00, a winning bet of 100 USDT yields a total payout of 300 USDT.

  • American → These odds are presented with positive (+) and negative (-) numbers. The former represents the underdog while the latter represents the favourites. Negative American odds show the amount you need to bet to win 100 USDT. On the other hand, positive American odds show the potential profit for every 100 USDT wagered.

Place your crypto wagers on boxing matchers here

Boxing betting strategies to win big

To enhance your chances of winning, it’s crucial to follow an effective boxing betting strategy. By keeping these strategies in mind, you can make informed decisions and take your betting experience to new heights:

Analyse fighting styles

When boxing betting in Japan, consider how the fighting styles match up against each other. Some fighters excel in certain areas, such as power punching, speed, or defensive skills. Assess how these styles can impact the outcome of the match and look for mismatches or advantages that could give one fighter an edge.

Study past performances

To place the best bets, always examine the boxers' past performances to identify patterns or trends. Look for factors like winning streaks, knockout ratios, and performance against specific opponents. This data provides crucial insights into a boxer's consistency, durability, and overall skill level.

Follow expert analysis

Pro boxing analysts often provide valuable insights and predictions based on their knowledge and experience in the sport. While it's important to form your own opinion, considering expert input can help you gain more perspectives and recognise value bets.

Be selective with your bets

Avoid the temptation to bet on every match. Instead, focus on the fights where you have a strong opinion or where you believe the odds offer good value. Quality over quantity is key. Being selective with your bets allows you to focus on the best betting options and avoid risks.

Manage emotions

When boxing betting with Bitcoin, remain objective and avoid letting emotions dictate your decisions. Don't let personal biases or fan loyalty cloud your judgment. Evaluate the fighters and the odds based on rational analysis rather than subjective preferences. Making logical and well-reasoned wagers increases your odds of winning.

Boxing is a popular sport for betting, giving you a wide range of markets to choose from. Here are some of the most popular ones:

  • Method of victory → You wager on who will win the fight or how the match will end. Simply, it can be a bet on a fighter winning by knockout (KO), technical knockout (TKO), decision, or even a draw.

  • Round betting → This is all about betting on which round you think the fight will end. You can place bets on a certain fighter winning a specific round or a range of rounds, such as rounds 1-3 or rounds 7-9.

  • Over/under rounds → In this market, the bookmaker sets a line for the total number of rounds the fight will last. You can bet on whether the fight will go over or under that line.

  • Fight to go the distance → This market involves bets on whether the fight will go the full scheduled distance or not. You can wager on whether the fight will end in a knockout or a decision.

  • Round group betting → The rounds are grouped into specific intervals, such as rounds 1-3 or rounds 4-6. You can bet on which group of rounds you believe the fight will finish in.

Factors to consider when boxing betting

Aside from learning boxing betting rules, it’s also important to consider these key factors when crypto boxing betting to make informed decisions:

Weight classes

Weight classes in boxing play a crucial role in determining the physical attributes and skills of fighters. Each weight class has specific weight limits, and boxers must meet these requirements to compete.

Pay attention to whether a fighter is moving up or down in weight, as this can impact their performance. Some fighters may struggle to gain weight or may not perform as well when facing opponents in different weight classes.

Venue and conditions

Some boxers perform better in specific environments, such as fighting at home or in certain climates. Factors like altitude, temperature, and ring size can also influence performance. Assess how these elements might affect the fighters and adjust your betting decisions accordingly.

Styles matchups

Analyse how the fighting styles of the two boxers match up against each other. Some styles work well against an opponent's style, while others may struggle to adapt.

Look for fighters who have showcased success against similar styles to their upcoming opponent. Understanding the stylistic dynamics can give you an edge in predicting the outcome of the match.

Trainer and corner team

The trainer and corner team play a crucial role in a boxer's preparation and strategy. Assess the credentials and reputation of the trainer and the team's ability to develop effective game plans and make adjustments during the fight. A strong corner can make a huge impact on a boxer's performance.

Previous opponents and level of competition

Evaluate the quality of the opponents that each boxer has faced in the past. Have they faced high-level competition or mostly lower-ranked opponents? Consider if a fighter has a record filled with wins against weak opposition or if they have struggled against stronger opponents.

FAQs about boxing betting

Learn more about boxing betting with these frequently asked questions:

What is the difference between live betting and pre-match betting?

Pre-match betting involves placing bets on a boxing match before it begins, based on the available odds and info. On the other hand, live betting allows you to place bets during the match as it unfolds, with the odds and available markets adjusting in real time.

What is a parlay bet in boxing betting?

A parlay bet combines multiple selections into a single wager. To win a parlay bet, all the selections must be correct. This bet offers higher payouts but also carries higher risk, as a single incorrect selection results in the entire bet being lost.

Have a fast and secure boxing betting session at Sportsbet.io

Now that you’ve read this boxing betting guide, it’s time to put your knowledge and luck to the test by wagering on boxing matches at Sportsbet.io. For the best experience, bet on boxing events using crypto and try boxing betting tips to see which ones are the most effective for you. You can also bet on the go with the site’s mobile app and increase your chances of winning with Sportsbet.io promotions.

Put your skills to the test when you wager on sports at Sportsbet.io

DISCLAIMER

The information provided by the blog above on Sportsbet.io is for general information purposes only. All information on the Site is provided in good faith, however, we make no representation, warranty, or guarantee of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, or completeness of any information or betting tips on the Site.

Rica Miranda13 Feb 2024

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