Boxing
Boxing bets use a money line to show the odds. As in other sports, a negative money line indicates that boxer is favored to win, and a positive money line indicates the underdog. Remember, money lines show either how much you have to wager to win $100 (a negative line), or how much you win if you bet $100 (a positive line).
A typical boxing betting line looks like this:
Boxer |
Odds |
Lennox Lewis |
-280 |
Roy Jones |
+240 |
Lennox Lewis is favored to win. A $280 bet on Lewis would win $100, plus your original wager. On the other hand, a $100 bet on Roy Jones would pay $240, plus the original wager. If the match is a draw, your bet is returned to you.
Sportsbooks usually offer a number of proposition bets on boxing matches, with varying odds. Propositions might include how many rounds the fight will go, how many knockdowns there will be, or whether the fight will conclude with a knockout.
As always, the odds can change dramatically from the initial posting to the day of the fight. If too many people are betting on Lewis to win, the sportsbooks will shade the odds in Jones's favor to encourage more people to bet on Jones. This doesn't mean Jones's chances of winning the fight are any better; it just means that the sportsbooks are trying to even out the action.

