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BOXING GAMBLING BASICS

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Boxing Wagering Rule: The following is the correct ruling in boxing involving a draw. When a draw is on the board as one of the options available to wager on and the fight ends in a draw, that sportsbook pays only those who bet a draw. However, if a draw was not available at a sportsbook, then all monies are refunded. Sportsbooks who did not carry a draw as an available betting proposition are obligated to refund all wagers. Sportsbooks, which offered the draw, pay only on the draw and do not refund any wagers on either fighter. The exception to this would be when a draw is listed as a SEPARATE wager. For example, a draw listed with other boxing betting propositions such as choosing what round a fighter will be KO'd in, or a fighter by decision or KO, etc.

EXAMPLE #1 --------
** Wager Format **
presented to Bettor

Jones -140 (A)
Smith +120
Draw +1500

EXAMPLE #2 ----------
**Wager Format **
presented to Bettor

(A) Jones -140
Smith +120

Jones by KO 4/1 (B)
Jones by Dec. 2/1
Smith by KO 6/1
Smith by Dec. 3/1
(B) Jones by KO 6/1
Jones by Dec 3/1
Smith by KO 4/1
Smith by Dec 2/1
Draw 28/1

In EXAMPLE #1 (A) the bettor has the option to wager on Jones, Smith or a Draw. In this instance, it should be stipulated by the sportsbook that in the event of a draw, any wagers on Smith or Jones would lose due to the three-way betting format.

In EXAMPLE #1 (B), which is a separate betting proposition, a draw would result in a refund of those who wagered on Jones or Smith by KO, Dec, etc.

In EXAMPLE #2 (A), the bettor has the option of wagering on Smith or Jones only. In the event of a draw, all wagers are refunded.

In EXAMPLE #2 (B), which is a separate betting proposition, a draw would result a 28-1 payout. Obviously, if Jones won by Dec, the bettor would be paid accordingly. (3-1 as shown in the example).

In EXAMPLE #1 (A) the bettor has the option to wager on Jones, Smith or a Draw. In this instance, it should be stipulated by the sportsbook that in the event of a draw, any wagers on Smith or Jones would lose due to the three-way betting format.
In EXAMPLE #1 (B), which is a separate betting proposition, a draw would result in a refund of those who wagered on Jones or Smith by KO, Dec, etc.

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In EXAMPLE #2 (A), the bettor has the option of wagering on Smith or Jones only. In the event of a draw, all wagers are refunded.

In EXAMPLE #2 (B), which is a separate betting proposition, a draw would result a 28-1 payout. Obviously, if Jones won by Dec, the bettor would be paid accordingly. (3-1 as shown in the example).


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