Boxing and Betting
Boxing is arguably one of the oldest and many widely-recognized sport fighting competitions on the planet. Some might say that part and parcel of this game is its gambling and betting component. Betting on boxing is pure, to a certain level. I mean what can be clearer than a straight head-to-head involving two individuals, vying to attain success over a other.
Given that, you’d believe a straight up bet could be easy. Well if you’re like me, matters will need to be learned the hard way. So I asked around and chose to learn and also give it a shot.
Boxing at the Philippines
It turns out, asking around was a reliable and speedy method of getting a crash course on betting in boxing. I know that the Philippines is right into boxing because of Manny Pacquaio, Elorde, Velasco, Donaire, and many others. It is just overwhelming from the period that”Thrilla-in-a-Manila” happened up until today, the interest in the game has just grown exponentially.
With this, the audience and following is also proportionately large. So it really wasn’t difficult to have a friend to explain the rules and processes and help me try it out.
Types of Betting
There are several types of bets which can be created on a boxing match. There’s also a lot to consider when placing a bet, but finally it will and should become your call. Here’s a list of the types of bets that may be created and a quick explanation on the mechanisms of how they function (some of the sorts of bets may have different titles but it’s going pretty much follow the identical format with slight variations, if any.)
This is the clearest and simplest kind of betting. You select a fighter to win and wait for the result — either your selection wins or losses. That is it.
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