The best boxing betting sites offer you everything you'd expect from your usual sportsbook, but dialled up to 11 when it comes to the boxing product on offer.
Betting on boxing matches has become a much bigger deal as the state of Michigan has opened up to sports betting, and during the big pay-per-view fights, some real dollars have been exchanged between sportsbook and punter.
Below, we walk you through what makes a fantastic sportsbook for boxing wagering, going into detail about the markets and the types of bets on offer.
Best Boxing Betting Sites 2024
- 1
BetMGM Sportsbook
First Bet Offer - Up to $1,500 back in Bonus Bets
Place your first qualifying bet and get up to $1,500 back in Bonus Bets if your first bet loses.
- 2
FanDuel Sportsbook
Up to $1,000 Second Chance Bet - Paid in Bonus Bets
Simply deposit a minimum of $10 to FanDuel Sportsbook, and then make a first qualifying bet. If it doesn't win, they'll refund this stake as bonus bets, up to a max of $1,000
- 3
BetRivers Sportsbook
Second chance bet of up to $500
If your first bet loses, you will get 100% of the money back as a bonus bet, up to $500
- 4
Caesars Sportsbook
First Bet Offer - Up to $1,000 back in Bonus Bets
Place your first qualifying cash bet and if it loses, you’ll get it back as a Bonus Bet – up to $1,000
Nowadays, you can catch fights live, and the accessibility to boxing is better than it ever has been so can get to know the sport better if you're not already a fan. Plus, the better you know the sport and the fighters, the better the chance to pick up some tips and tricks for your wagers.
We've done a lot of the hard work for you though and when it comes what we believe are the best boxing betting sites in 2024, above is a curated list based on our experts' findings.
This list takes into account the 'standard' factors for what makes a great betting site, and then includes many boxing specific factors such as boxing promos and bonuses, and boxing-related product features.
What do the Top Boxing Betting Sites Offer?
When you're looking for a top-notch boxing betting site, there are a few things to keep in mind, especially since there are so many options out there. These include:
- Volume of boxing events and markets
- Competitive boxing odds
- Boxing-specific promos and betting offers
- A Betting product that's rich in boxing features
- Live betting opportunities
- Varied payment methods
- Strong customer support
First of all, check out their betting options for boxing. How many events do they cover, and how many markets are available in comparison to other sportsbooks?
Then, make sure the site's legit, with all the right legal checks and balances resulting in a license by the MGCB, allowing them to operate in the state of Michigan. You don't want to end up in a sketchy situation where your personal info is at risk through wagering at an offshore book.
Once you're sure you're dealing with a legal betitng site, take a good look at their payment options for deposits and withdrawals. You want to see a decent variety, including popular methods like PayPal, Paysafe, debit cards, Skrill, and Neteller.
Also, really dig into the betting offers, covering both the fights and the types of bets you can make - are they general bonuses or are they boxing specific bonuses? Plus, see if you can stream fights live on their site, which can be a big bonus.
The overall boxing product should be at the front of your thinking; you want to see a sportsbook with good data visualizations, hopefully some live streaming, and a live betting or in-play betting product that holds up, and not forgetting the cash out feature too. Let's take a look at some of these product features in more detail.
Live Betting on Boxing
Wagering once the event has gone live and is in-play can offer you a bit more of a different edge. When you bet live, you can watch the event unfold in real-time, but only if you're paying close attention and understand the sport well enough. You'll get a sense of the fighters' condition, their movement, and other key details like injuries or fatigue. Based on these crucial insights, you can make more informed live bets with a better shot at success.
But don't go chasing losses, betting wildly without thinking it through. Be smart, analyze the match thoroughly before placing your bets - a good bookmaker will have plenty of in-play markets available for boxing - from who will win, and which round the fight will be stopped, to the number knockdowns that will happen.
Boxing Betting Sites Offering Cash Out
When you get to use the cash out option, you're looking at what might be the best feature any online boxing betting site in 2024 can give you. With this feature, you can close a bet at any point. This way, you can lock in some winnings or cut your losses if it looks like your bet's going south. So, make sure the betting site you're using has this feature.
As an example if you've backed an underdog and they're on top during the battle, but you're concerned that the punching power of the favorite means there's a good chance of a knockout, you can lock in some profit and close the wager off.
Boxing Live Streaming
Whilst being able to watch the event live on TV is still the optimal way to catch the action, being able to watch and wager directly from a sportsbook is easily the next best option. Luckily, most betting sites have got live streaming products and it's just a case of ensuring that they have boxing matches live, especially if you're looking to place a bet or have already placed one.
This lets you keep a close eye on the match and place your bets more carefully, especially whilst you're watching the action unfold.
Boxing Data and Visualizations Can Support your Wagering
A key part of any boxing site's live betting offering is how they can support you with data. The better sportsbooks for boxing will have data points live during the event which can help you to form better opinions, along side being able to see the action live.
Equally a good data or visualization offering can help you to hold back on a bet you were going to make if the data doesn't back up your original opinion.
Boxing Betting Bonuses - Lots of Opportunities at Most Sportsbooks
Nowadays, when it comes to sportsbooks, it's like a battle royale out there for supremacy. With betting sites vying to attract more users, sports betting bonuses have become pretty generous.
There are your standard bonuses and betting promos - offered at the 'welcome bonus' stage, as well as ongoing for existing customers - and, of course, at the best boxing betting sites, there are also bonuses for boxing such as price boosts. Let's have a look at a couple of the more popular ones you could expect.
Deposit Match Bonuses for Boxing
A popular bonus is the deposit match. For instance, if you sign up at a boxing betting site offering a 50% bonus on your deposit, and you put in $200, you'll get an extra $100 from the betting site as a bonus. So, you'll start with $300, with $100 of that being the bonus.
Whilst it's one of the more standard welcome bonuses, there's no reason you can't use it on boxing. Plus, for the really big events - heavyweight title fights for example - you should see this offered specifically for boxing.
Price Boosts for Boxing
The price boost promotion can be found within the bigger boxing events when there's lots of publicity around it. A sportsbook will look to take on one of the fighters - or one of the outcomes within the fight - and will offer an enhanced price boost on that result.
If you know your boxing well and think the sportsbook is mistaken, then you can take them on and look to recieve a better price than elsewhere.
Second Chance Bonus Bets for Boxing
Another type of bonus, more often offered as a welcome bonus again, is the insurance bonus - sometimes called the Second Chance Bet. If you join a boxing betting site in 2024 offering a Second Chance Bet bonus, you will get a normal chance to make a bet, and if it loses, you will get a certain amount back as a bonus bet.
A good example of this is discussed in our BetRivers review - their Second Chance Bet where you'll see up to $500 if your first bet loses. There's nothing to say this can't be used for boxing - either for the first bet, or the potential second chance bet.
Boxing Betting in Michigan - What Events Can You Bet On?
With boxing events taking place in every corner of the world, governed by all of the major federations, there's never a shortage of wagering opportunities.
Most bettors are drawn to the high-profile boxing matches, the ones featuring the sport's elite fighters from across the globe. These are the bouts that pack a punch in terms of intensity and provide a wealth of betting options. The heavyweight chamipionship tends to get a lot of the press, but equally the pay-per-view events with the best pound-for-pound stars are just as thrilling to watch.
Key boxing competitions that attract significant betting interest include title fights in various weight classes, such as the WBC, WBA, IBF, and WBO championships. Other major events include the Olympic Boxing tournaments, World Boxing Super Series, and national title fights. While there are numerous other fights throughout the year, these marquee events are where bookmakers roll out an extensive array of betting options to cater to all types of bettors.
Types of Markets for Wagering on Boxing
Unlike betting on football, the markets you can bet on in boxing won't be quite as varied. There aren't as many different play types, and there's a lot fewer players involved, and therefore theres a lot fewer markets associated with that side of things.
Even other two-person sports you can wager on - such as betting on tennis - have more markets available just due to the different plays and style of the game. Which makes it all sound like boxing isn't as enjoyable to wager on; which isn't the case at all.
Whilst there's fewer markets, they still cover all the right bases and can keep the enjoyment levels perfectly high. Let's look at some of the key markets for boxing betting.:
- Moneyline - simply who will win the fight between the two fighters
- Moneyline 3-way - the same bet as the Moneyline, but with the draw added to the market
- Round Betting - which fighter will win in which round
- Method of Victory - will it be a KO, or points etc
- Total Rounds - over or under a certain line of rounds
There are also more 'props-style' bets focused around punches and knockouts but the key markets are featured above.
Betting on Boxing in Michigan
From the anticipation of upcoming title fights to the excitement of championship bouts, you can bet on the full spectrum of boxing matches. Michigan opened up to online boxing betting in December 2019, with the first bets being placed as the new season of fights commenced in 2021. Before Michigan's official approval, boxing betting had already established its presence at licensed venues like Dacey’s in the Firekeepers Casino.
The allure of boxing betting is universal, and well before Michigan's approval, sportsbooks were already setting odds and lines for fights. With many of the top boxing betting sites now operational in Michigan, they bring years of experience from other states and countries. This is fantastic news for boxing fans, ensuring that all the sportsbooks featured are legal, secure, and offer a first-rate boxing betting experience.
Betting on Major Boxing Fights
There's a compelling argument that betting on boxing's major fights offers an exhilarating experience for those looking to utilize their knowledge of the sport. Factors such as a fighter's form, style matchups, and the ability to handle the pressure of big fights are significant variables that challenge sportsbooks. This level of unpredictability often provides astute bettors with an edge.
However, the flip-side of that is the major events are better looked at by the bookmakers too so the odds lines may not be quite as generous as you'd hope.
With Michigan's green light for bets on all major boxing events, every sportsbook operating in the state is geared up for action. Although the range of bets might be broader for smaller fights, the major bouts come with unique betting opportunities, and the top sportsbook picks are prepared to thrust you into the heart of the action.
Boxing Betting Strategies and Types
A lot of you might be curious about strategies that could up your betting game. First off, there's the Martingale strategy, a well-known approach that fits any sport. It's straightforward: you double your bet after each loss until you hit a win, aiming to recover losses and make a profit. Not as easy to operate within boxing just due to the non-repetitive nature of the sport.
Then there's the "Easy Money" strategy. Despite what the name suggests, this requires patience since it's a long-term play. You start with a modest bet on low odds, like placing $50 on a 1.10 odd. The chance of losing is slim, but so is the profit. However, by reinvesting your winnings into similarly safe bets, your potential earnings gradually increase.
In reality, systems like this aren't the smartest, and the best system you can have is to be smart and be knowledgeable about what you're wagering on. When looking to wagers on boxing, check out the following variable factors:
- Knowledge of the fighters - stay in your lane, if you really understand the heavyweight division, then don't start throwing money at the welterweights you're unsure of.
- Form of the fighters - A relatively easy one to work out, especially in bigger fights where there are often clear favorites for a reason, but being aware of form and, in particular, being aware of fighter preferences is important.
- Preferences - do the fighters prefer fighting southpaw or orthodox stances, do they like fighting aggressive boxers or fighters who move more. The more you know the better position you put yourself in.
- Location - often, the location of fights is determined by money - look at the Saudi influence on boxing right now. Do all fighters like fighting in a certain location? Is there heat and humidity, or even cold, that will play it's part?
- Big hitters, early finishers - what sort of fight is it likely to be? If there's a big hitter with a lot of power you could look at the 'round' markets and wager on an early finish to the fight. Or is this two fighters getting bac on track and likely to go the distance - in which case, betting on a win by points is likely more favorable.
- Bankroll management - don't throw your entire bankroll into one result. Be smart, protect your bankroll and chose a set amount beforehand that you're willing to risk.
Conclusion
Boxing's a noble art and has quickly gained fans worldwide, making it a highly followed sport. Wagering on boxing can be pretty rewarding if you keep your eyes on the ball and consider everything we've discussed.
When it comes to the best boxing betting sites, there are plenty offering loads of markets, all of the top events and with a strong enough product to enhance your entertainment when watching the sport.
So, if you're into your boxing double-check the online boxing betting site you're thinking of joining, considering all the points we've hit in this chat. Pay attention to the fighters' form and carefully apply betting strategies to assist in coming out on top.
FAQs
You can bet in Michigan on any sport offered by licensed sportsbooks. If a betting site can demonstrate having a license from the MGCB and they offer boxing as a sport, then it's totally fine to wager on it. Every sportsbook in Michigan will offer boxing as a sport too.
The best boxing betting sites will offer all the usual perks and features that you'd expect - solid product, multiple payment methods, great customer support, and attractive promotions - and then throw into the mix a really strong offering specifically for boxing. Great in-play features like cash out, and live data, as well as boxing-specific bonuses should all be on the agenda. We really think both FanDuel and BetMGM offer a great boxing betting product.
BetMGM offers a wide range of markets on the biggest and best boxing events out there, as well as offering solid live data, and an overall great betting product.
Michigan has legalized and regulated sports betting online, with a good number of online sportsbooks boasting a Michigan license. Here, you can bet on boxing with no problems on all the big fights from around the world with up to date odds. Check out our ranking table of the best boxing betting sites for 2024