Bookmaker mistakes in boxing betting

[ 17.10.16 ]

Bookmaker mistakes in boxing betting

As boxing features few truly famous boxers, it’s not uncommon that a star is fighting against a little-known boxer (not necessarily a bad one). A talented and skilled young boxer may be unknown to the general public because of a lousy manager, among other reasons. Remember that professional boxing is 50% sport and 50% business, and the role of a good management is hard to overestimate. A “dark horse” is underestimated by both the public and bookmakers, which results in too high odds on his winning.

There is another important aspect, though. The United States is the world’s biggest boxing hub. But now the situation is changing, and European boxing started to establish its name in the international boxing industry. Still, the USA are the place where most professional boxing matches take place. American channels buy broadcast rights for most professional boxing matches. American bettors spend most money on boxing betting. At the same time, many talented European boxers are simply unknown in America. This is why you should focus on American bookmakers: in American boxer vs. European boxer match, American betting sites tend set very high odds on a European athlete.

Boxing betting mistakes

A textbook example is the WBC title match (heavyweight) between Hasim Rahman and Oleg Maskaev that took place on August 12, 2006 in Las Vegas. Before the event, the bookmaker odds on Rahman were about 1.5, while Maskaev had the odds of about 2.5. Any seasoned bettor can see at once that Rahman’s chances were overestimated. First, Rahman is an American boxer. Second, everyone remembers how he knocked out the great Lennox Lewis in 2001. Third, no one believed in Maskaev’s victory as he had lost five matches, some of them to much weaker rivals.

To achieve success in boxing betting, always follow bet-on-what-you-know rule. Before placing a boxing bet, gather all possible information about both rivals. Find out what rivals make your selected boxer sweat in the rink: left-handed or right-handed, tall or short, technique gurus or punchers, etc. Use this information to find out whether your boxer is likely to have problems with his future rival. But statistical data alone are not enough. Statistics simply can’t give you the whole picture. Read opinions and reviews by acknowledged experts (including coaches and sports reporters) on weak and strong sides of the boxers. Compare different opinions to find out what they have in common and how they differ.

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