Hello, Canadian gambling fans, and welcome to casinosforcanada.com! In this article, Canadian punters will find a review of the best boxing betting sites that offer amazing odds and an exciting variety of game play.
Top 10 Online Boxing Casinos
Below is a list of the Top 10 Online Boxing Casinos that our team has compiled.
- Casumo Casino
- Rizk Casino
- Hyper Casino
- Guts Casino
- PlayOjo Casino
- JackpotCity Casino
- Dream Vegas Casino
- Casoola Casino
- Grand Ivy Casino
- Spin Rider Casino
How We Rank the Best Boxing Betting Sites
Our review process for ranking the best boxing betting sites is very thorough, which ensures that we recommend only the best sites to Canadian players. The criteria that we use to rank boxing betting sites include:
Safety & Reliability: We closely scrutinize each Sportsbook or casino’s licensing and regulation records to ensure that it utilizes the latest SSL encryption and other robust security protocols. This guarantees that players’ financial and sensitive information will be kept secure.
Bonuses: Great wagering bonuses are always appealing to Canadian gamblers! The best boxing betting sites that we recommend offer enticing bonuses that do not have overly stringent terms and conditions attached to them.
Variety of Bets: A wide variety of bet lines and odds is one of our major considerations when rating boxing betting sites. All of the boxing betting sites that we recommend offer various types of bets such as overs/under, parlays, and many more.
Technical support: A prompt, responsive customer service team is essential. Therefore, the boxing betting sites that we recommend offer top notch customer support 24/7, through multiple contact methods so that Canadian players can easily resolve any issues that they may encounter while betting.
Mobile Compatibility: Betting on the go with smartphones has become increasingly popular. Our team ensures that the boxing betting sites we recommend are compatible with mobile devices and tablets. We also check to see if there is a download app available for the site.
How does boxing betting work?
Boxing is one of the most popular sports to bet on. Although boxing matches do not happen often, many types of bet markets are available whenever a fight is scheduled. Canadian players can place bets by visiting the best boxing betting sites that we have recommended. With a bit of luck, they can win big!
What are the bets on boxing?
Boxing offers a wide range of betting options. Understanding how these betting options or markets work is essential for winning. The most popular betting markets that Canadian players will see include:
Moneyline/Match: This is the most common and popular straight bet, which entails picking the winner of the match. The odds are usually depicted as follows:
Mike Tyson | -215 |
Joe Louis | +175 |
Parlay/Accumulator: This type of bet allows Canadian players to participate in a combination of markets. For example, if you have a strong feeling that a fighter will win multiple rounds of the fight, you may choose to increase your potential pay-out by combining all of the fights into one bet, which is called a parlay, accumulator or multiplier bet. To win this type of bet, you must pick the winner in every section of the fight. If you make an inaccurate prediction in even one part of the fight, you lose the bet.
Over/Under: With this type of bet, a player has to decide the total number of rounds that the fight will last. The sportsbook provides the numbers and players have to bet on whether the fight rounds will be over or under the numbers provided.
Match | Over 4.5 | Under 4.5 |
Mike Tyson vs Joe Louis | -240 | +140 |
Method of Victory: There are only a few ways that boxing matches can end and a winner can be declared. These include: by decision (points), submission, DQ/KO/TKO, or a tie. If a fighter is known to habitually win in a certain way, placing a method of victory bet can be a good opportunity for a gambler to make money. For example, Floyd Mayweather usually wins by KO, so a player may decide to place their bet on Floyd Mayweather for a win by KO.
Decision Victory: While some fighters are more likely to win by TKO, KO, or submission, there are some boxing matches in which the fighters are more tactical. This type of match is usually won by using points or decision, such as unanimous decision, split decision or majority decision.
How to Calculate Boxing Betting Ratios
There are three main types of odds in boxing betting. These include:
American Moneyline: American moneyline odds are centred on the positive and negative mathematical signs. If Canadian players are betting on a favourite, the odds will have a minus (-) sign in front, and indicate the amount of money that you will need to risk in order to win. If a player is betting on an underdog, the odds will have a plus (+) sign in front.
For example, if a player bets moneyline on a boxing match and backs a favourite like Anthony Joshua with odds of (-130) to win the match, they will need to bet $130 and will win an extra $100 if Anthony Joshua wins the fight. The total payout would be $230.
If a player bets moneyline on an underdog like Hopkins with odds of (+110) to win the match, they will have to stake $100 and will win an extra $110 if Boston wins the game, making the total payout $210.
It should be noted that players’ minimum bet is $100, but the bet can be higher if the player can afford to stake a larger amount.
Team | Odds | Stake | Total Payout |
Anthony Joshua | -130 | $130 | $130 + 100=$230 |
Hopkins | +110 | $100 | $100 + 110=$210 |
Decimal prices: The decimal odds number represents the amount a player can win for every $1 wagered. For decimal odds, the number represents the total payout rather than the profit. Therefore, your stake is already included in the decimal number, making the total payout calculation easier. The total potential return on a stake can be calculated as: Total payout= Stake x Decimal odd number.
For example, if there is a fight between Mike Tyson and Manny Pacquiao:
Team | Odds | Stake | Total Payout |
Tyson | 4.00 | $100 | $100×4.00=$400 |
Pacquiao | 2.00 | $100 | $100×2.00=$200 |
British fractional odds: Fractional odds come in the form of 43/100, and give the ratio of the amount or profit made on the original stake. This means that a player will receive their stake in addition to the profit. Therefore, the total potential return on a stake can be calculated as:
Total Payout = [Stake x (Numerator/Denominator)] where: numerator/denominator is the fractional odd (E.g. 24/4).
For example, if a player stakes $20 at 43/100, their total payout will be $880 ($860 profit + the $20 original stake).
The boxing bet odds calculator helps Canadian players to easily convert odds, calculate profits for certain bet combinations and discover the implied probability of winning.
Live Boxing Betting
Live boxing betting has become popular among Canadian punters because it offers a number of opportunities to make quick money, with better odds as a match is in progress. Real time boxing betting allows players who did not place a pre-match bet to not miss out on a game. Another advantage of live boxing betting is that other types of bets are available during live boxing matches that are not available pre-match.
Betting on boxing in mobile applications
Canadian bettors can place boxing bets on their mobile devices using a mobile app. These mobile apps run smoothly, provide great game play, offer mobile-related bonuses and present better options and boosted odds. An extra perk is that you can bet comfortably from anywhere, even while you are on the go.
The best mobile boxing betting apps are available for Android devices and iOS, as well as tablets. Canadian players can download Android apps from sportsbook websites. For iOS, apps are always available in the App Store.
List of the 5 best online casinos with the coolest mobile boxing betting apps
- BetCruise
- SvenBet
- Betsafe
- Casumo Sports
- Spin Casino
Bonuses for boxing bets
Below is a list of some of the more popular types of bonuses that Canadian players will encounter while playing at the best boxing betting sites. These bonuses are great, and can go a long way towards helping players add to their bank roll. You never know–your bonus might give you a big win!
Welcome Deposit Bonus
A sportsbook or casino offers welcome bonuses to players when they register with a boxing betting site. The amount, breakdown and terms of the welcome bonus depend on each site. Welcome bonuses may come in the form of a percentage boost to increase your first deposit, or even up to your third deposit. The bonus might also be rewarded in the form of free cash that you can immediately use to start betting, without having to make a deposit. We strongly advise players to always take a few minutes to familiarize themselves with the terms and conditions attached to any bonus being offered.
Boosted Odds
Boosted odds are odds that have been increased more than normal, thereby resulting in a higher payout. Canadian players should always be on the lookout for an offer of boosted odds whenever there is a big boxing match.
Risk Free Bets
Risk free bets are a type of bonus that some sportsbooks offer to their players. If a player loses their bet, they will still receive a free bet with the same value as their wager. It is important to note that the player must use the free bet to make another wager before they will be able to cash out.
VIP Club
Regular players may be invited by the team of the site to be an elite member and join the site’s VIP/Loyalty Club. These customers are made to feel special, as they have access to extra benefits such as free boxing bets, access to exclusive offers, special odds and account managers, lottery tickets and all expenses paid vacations.
Cashback Bonus
A cashback bonus refunds players a percentage of their overall losses over a particular period of time or on a specific wager. For example, players can receive a refund that is a percentage of the money they lost on boxing bets earlier that week.
Parlay Insurance
This type of bonus helps a player to safeguard their parlay bets. Even if the whole combination in the parlay bet doesn’t come through, the value of the combination that the player did win will be credited back to their account.
Tips for Winning Boxing Bets
The following tips and strategies can come in very handy while playing at the best online boxing betting sites:
- Ensure that you fully understand the types of bets that you can make and how to read the odds.
- Do your homework–research the boxers’ fight records and history.
- Check player statistics. Find out if a player is injured and evaluate how they performed in their last match.
- Check for factors that might affect the fight, such as location, status of the fighters, size of the ring, weight class, and others.
- Gamble responsibly.
- Look out for props with better payouts.
- Hedge your bets so that if you lose one wager, you can still win the other. Depending on the odds, you can still win a decent amount of money.
Dictionary for Boxing Betting
Some basic boxing betting terms that a Canadian punter will need to know include:
KO – Knockout: A boxer loses by way of a knockout or KO when he or she is unable to get up unassisted after being floored, by the time the referee counts to ten.
TKO – Technical Knockout: A boxer loses by technical knockout or TKO if the referee intercedes and stops the fight, declaring them unable to continue because of serious cuts or bruises, or if they cannot defend themselves.
DQ – Disqualification: A referee can call for disqualification after a boxer repeatedly fouls or breaks the rules.
UD – Unanimous Decision: A unanimous decision occurs when all three judges agree on a winner. For example, the judges may make the following decision: 116-114, 116-114, and 115-113.
SD – Split Decision: A split decision occurs when two of the three judges score one boxer as the winner, while the third judge scores the other boxer as the winner. For example: 116-114, 116-114, 113-115.
MD – Majority Decision: A majority decision occurs when two of the three judges score one boxer as the winner, while the third judge scores neither boxer a winner (a draw). For example: 116-114, 116-114, 114-114.
TD – Technical Decision: If an intentional foul causes an injury and the injury results in the fight being stopped in a later round, the fight will result in a Technical Draw if the injured boxer is behind or even on the score cards.
Knocked Down: A knockdown can occur in several ways: when a boxer is hit and touches the floor with any part of their body other than their feet, or they are being held up by the ropes, or they are hanging on, through, or over the ropes and cannot protect themselves, or they fall to the floor.
Go the Distance: A boxer goes the distance when they are able to fight through all of the scheduled rounds.
Favourite: This term describes the fighter who experts believe will come out on top. The favourite is determined by stats, in most cases.
It is important to note that the favourite fighter does not always win; this is called an upset. Instead of letting the experts choose for you, it is best to make your own decision.
Underdog: While it is anticipated that the favourite will win, it is believed that the underdog will lose the match. You will hear this term quite often because it is the more lucrative betting option because underdog wagers have a much higher payout than favourite wins. Believe it or not, some bettors believe that it is better to wager on the underdog because the favourite does not offer plus-money, just a return on your investment.
Chalk: This term describes the boxer who is expected to win. The only difference between favourite and chalk bets is that the predicted winner is a very strong or heavy favourite.
The term “chalk” can also be used to describe the favourite who is competing against a lesser-known competitor with lower stats.
Draw (push): This term describes a boxing match that ends in a tie. Draws are not a winning or losing wager. In the case of a draw, the sports bookie returns the exact amount of the bettor’s wager–nothing more, nothing less.
Betting odds: This very important term represents the possibility of a boxing event happening. Bettors rely on betting odds to determine how much they could win if their wagers turn out to be the winner.
For example, 4/1 betting odds for every $1 the bettor wagers would total $4 in winnings, plus the $1 wager. It is crucial to know the betting odds before wagering on boxing events. If you are looking for big payouts, you will need to go for the higher betting odds.
2-way betting: Two way betting refers to the separate potential outcomes that bettors can choose from. For example, a boxing match has a loser and a winner, which means that bettors can choose from two potential outcomes.
Round betting: This term is most often utilized in high-publicity boxing matches. Bettors can wager on a boxer to KO their opponent in a specific round.
FAQ
How does boxing betting work?
Boxing betting is a major type of sports betting. Canadian players simply need to select one of the top online sportsbooks that we have listed above, register with the site, find the match they wish to wager on, and place their bet.
Is betting on boxing legal?
Yes, online boxing betting is fully legal. Canadian players can therefore bet or wager on any boxing match as long as they are of legal gambling age in their jurisdiction.
How do boxing betting odds work?
Boxing betting odds will come with a moneyline number that tells you who the favourite is, as well as who the underdog is, and also how much you can win betting on each.
Are bonuses available for boxing betting?
Yes, bonuses are available for boxing betting online. The best boxing betting sites will offer a range of promotions, which include a welcome bonus and regular free bet rewards.