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Friday, December 21, 2007
bet boxing
Boxing betting F.A.Qs (Q) What's the fastest way to begin making money? (A) It's a two fold answer. First, join boxingforecast for my picks and secondly, you must have a place to be able to wager. The easiest and most convenient way to make boxing wagers are on off shore internet sportsbooks. Of course if you live near a sportsbook, that's fine, too. Some on-line sportsbooks that come to mind are thegreek.com, sportsbetting.com, 5dimes.com, bet52.com, wsex.com, betjamaica.com and pinnaclesports.com, but there is no US action for pinnaclesports as of 1/11/07. It is EASY to set up an account to get started. Usually you can set up a fully functioning account within an hour. These sites are trustworthy, professional and licensed sportsbooks that are not going away . If you want to take a payout from your account they will honor your request within 2 days, no questions asked. In addition, these sites carry many boxing lines which is important for our purposes. But feel free to shop around because there are many other reputable sportsbooks around, just be sure to use your do diligence when deciding. It should be known, Boxingforecast has no affiliation with any sportsbooks. (Q) What do I get with this website that I can’t find on conventional boxing websites? (A) There are many excellent boxing websites on the Internet that provide very good coverage of current events in boxing. And some even offer predictions from knowledgeable boxing aficionados. However, the difference is that this site will provide picks for many more fights than the others and not just the major fights that are televised. Some of the good boxing sites do give predictions on major fights when they arise but Boxing Forecast will usually be able provide multiple picks on a weekly basis. More importantly, I'm excellent at handicapping fights, see my track record, and will frequently provide better picks than you'll find on informational boxing sites. Further, my handicapped fights are tailored specifically for the discerning bettor including my recommendation's on most bettable fights. (Q) How can I minimize losses and maximize risk when betting the fights? (A) One way to do it is to stay away from heavy favorites. I’m not a big proponent of laying a lot of money on a prohibitive favorite. That is a poor betting strategy. I prefer to find value. Meaning I’m looking for fighters that are not favored to win but in my view, have a MUCH better chance of winning than the odds reflect. That is value and that is part of my strategy and should be yours. Sometimes I will recommend a favorite, but he will not be a huge favorite and I’d suggest not laying too much even on slight favorites. It’s just too risky. The name of the game is betting modest amounts on fighters with good value, which is the kind of information I will provide. (Q) Why would I bet on boxing as opposed to other sports such as football? (A) There are several reasons. For one, boxing is a year round sport so good action will be available through out the year. Another reason is because betting boxing will prove to be more profitable than football AND less risky. For example, while football does offer a money line like boxing, most people bet on the point spread and by doing that you generally have to bet $110 to win $100. So you are getting slightly worse than even money on every football bet. With boxing I will be frequently finding value on fighters where your return will frequently be 200% and beyond on you wagers. Lets say that you bet $500 on two fights at + 300 and you win one and lose one. You would win $1500 on one and lose $500 on the other. You still walk away with a net gain of $1000. Now in football you might lay $550 to win $500. Lets say you win one and lose one. You’ll end up down $50 for your trouble. Boxing is often overlooked as a betting option because it’s not as popular as it once was but I believe it to be easier than football to handicap because you are dealing with less to look at because of the nature of team sports and odds makers very often miss the mark when it comes to setting the betting line on boxing because they just don’t know the game that well. That’s where a savvy handicapper can find value on the fights, which is what I do. (Q) How many bettable fights are available in a year? (A) Many. There is no way to know exactly how many but most weekends have multiple boxing lines that are available for wagering. Some are better than others and I’ll be assessing the value and merits of nearly every bettable fight. (Q) Where can I bet on boxing? (A) Boxing can be bet legally in the USA only in the state of Nevada. Many sports books in the Nevada casinos carry boxing lines. You can bet boxing in any country where betting parlors are legal such as Great Britain and many Caribbean countries. In addition, the Internet offers many sports books where boxing lines are available. These on line sports books are based in areas where sports’ gambling is legal and are available in many countries, including US residents. (Q) Will the picks be updated if new information comes in? (A) Yes. Any relevant information that may affect the betting value will be added. For example, if a fighter failed or struggled to make weight that may change my view on the outcome of the bout and this information will be posted. (Q) What is the purpose of this website? (A) The general purpose of this website is to provide expert analysis of most bettable fights for anyone that may find such information useful. Free articles and other features on boxing will also be provided. (Q) How often do you pick winners? (A) Some picks will be rated higher than others and those will be the most likely to win. On the highly recommended picks you can expect to win 55 - 75%. Plus, on many of these you will be betting the underdog so your return will be good. Please review my track record to get an idea what you can expect. (Q) I've noticed that the track record numbers shifted at various times in ways that I didn't understand. Why did that happen? (A) When I started this website in 2006, there was no public record of my performance, so I started my track record as of April, 2005 using personal records as best I could, in order to give some indication of my work. But there would have been no way for anyone to verify my picks during 2005. Since January, 2006, however, I have published almost 190 picks - all of which are open for viewing on this site under "Past Picks." Recently we updated the track record to eliminate the unverifiable 2005 picks, and to make the record conform to only the actual picks written. So now, every entry in the track record is verifiable by examining the actual pick I published. Unfortunately, installing the update made the track record numbers appear to shift several times. But the work is now done, and if you have any doubts about the numbers, you need only compare them with the actual Past Picks. You may be interested to know that the record was made even more conservative by recalculating so that multiple winnings occurring during a single betting day are not compounded. I appreciate your interest in BoxingForecast.com, and I apologize for the shifting numbers. The update was done for only one reason: so that my track record will clearly and fairly represent my actual performance. Boxing handicapping (Q) How do you handicap a fight? (A) I gather as much information as I can on the fighters. I will start by pouring over each fighters record and determine whom they have fought, beaten and lost to. Class of opposition is determined by that type of analysis. I’ll look at age, weight, activity, trainer, amateur background and who is promoting the card. In addition, I’ll look at tangible things like punching power, speed, boxing ability, conditioning, and ability to take a punch as well as style and skills. Heart and desire figure into the equation as well. Also, it’s important to recognize when a fighter is on the rise and when he is slipping. Furthermore, I’ll find out how their training is going for their current fight such as whom they may be sparring with, how conditioning is going and if the fighter is having weight problems. (Q) Is there a wagering strategy used to bet the fights? (A) Yes. The idea is to make money and not be reckless with your money. You shouldn’t bet more than 5% of your total bankroll per bet. (I have gone over the 5% threshold on several occasions as you may notice on my track record but I have not done so frequently.) For example, if you have an account with $10,000 you really shouldn’t bet more than $500 on a fight. A lot of the picks that you will find on this site will be on underdogs that provide betting value. For example, a wager of $500 on a fighter with odds of + 400 will deliver a potential return of $2000 AND you get you initial wager back as well. You don’t want to chase losses on desperation bets. Historically, over the long haul you will make money. See my link on Money Management for more details on betting strategy. (Q) What type of bets is available on boxing? (A) The straight bet, picking a winner, is done on the money line. For example, if fighter A is - 400 and fighter B is + 300 you have to bet $400 to win $100 on fighter A, while you can win $300 by betting $100 on fighter B. Usually an over/under on rounds will be available. For example, let’s say that under 9 ½ rounds is - 230 while the over bet is +170. You have to lay $230 to win $100 on the under, while you can win $170 on a $100 wager on the over. Also, many proposition bets are offered such as the way a fighter will win or the draw or picking the actual round that a fight will end in by a fighter. Propositions vary depending on the magnitude of the fight. For mainstream fights, there tends to be many more propositions offered. I am of the opinion that the straight bet is generally the best option but there are exceptions on occasion. Some of the more exotic proposition bets are mostly sucker bets. (Q) What qualifies you as an expert boxing handicapper? (A) Experience. I’ve been successfully handicapping fights for over 15 years. I’ve constantly refined my methods and have consistently improved. Initially, I’d be willing to back prohibitive favorites because I was confident of the outcome but I learned through experience that it’s much better, and harder, to find value on underdogs ( although some favorites are still good picks) and back them if it’s right. Why risk a lot to win a little, when small wagers can sometimes give excellent returns. I didn’t start out watching boxing with the objective of becoming a great handicapper. I love boxing. That’s why this came to be. Since I was very young I have consistently watched and read everything I could on boxing. It got to the point where I was able to make strong calculations on who would win fights through strict observation and ultimately intense analysis. I have reviewed so many fights and fighters that I’m able to discern the quality of a fighter by a careful review of his record and all other available information. (Q) How do the odds-makers determine a betting line? (A) As like most sports, odds-makers are looking to create a betting line that will generate betting action on each side. The sports books will often make a profit no matter who wins the fight. Obviously, that is their goal while my objective is to find betting lines that provide great value and solid payouts. (Q) Do you have to see the fighters before you can handicap a fight? (A) No. I’ve successfully handicapped many foreign fights where I had not seen either fighter or had seen only one. Of course, it’s better to see them for handicapping purposes, the more information the better, but if you know what your doing it can still be done successfully. I can glean SO much from their records that I can usually make strong picks even without seeing them first. (Q) How does betting boxing differ from betting other sports? (A) Boxing is not a team sport, which makes handicapping a fight a bit less complex. I believe boxing can offer the best return and most consistent wins if it is bet properly. Most people overlook it because they don’t watch it or don’t have much interest in it. At first glance, it may seem easier for the average guy to bet on team sports because they think they know what is going on. Most people that watch boxing have no idea how to assess the fighters so they bet what they are familiar with and what their friends are doing. But, boxing shouldn’t be given such short shrift because consistent gains can be had if done properly. As for actual betting differences, most team sports are bet on the point spread, which encourages equal two-way action, although a money line is offered on team sports as well. But boxing cannot be given a point spread so the money line is used for all straight boxing bets as well as various proposition bets such as the how the fighter will win i.e. knockout, decision or draw to name a few. Another option on fight betting is a line on the over/under of rounds, which is in money line form.Thank you boxingforecast!
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