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There are three main ways to wager on a boxing match. You can either bet the money line on the boxers participating, you can bet the round set as the over/under, or you make a proposition wager which consists of picking which fighter will win and in what round.

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The money line means that if the underdog is listed at + 160 then the player would have to wager $100 to win $160. But if the favored boxer were listed at - 160 then the player would wager $160 to win $100. The favorite will always be listed as a negative while the underdog will always be listed as a positive. If the match is determined to be a "pick" (even odds) then the wager is considered to be the standard 12/10 bet.

The round in which the fight will either end prior to or after that round will set the over/under. So if the round is set as the ninth round then the under would be under 9 rounds or over 9 rounds. The wager will be set as 12/10 unless otherwise accompanied by a money line. So the winning under wager in this example would be if the match did not last until the opening bell of the tenth round. The winning over wager would be if the fight lasted past the opening bell of the tenth round.

A proposition wager consists of picking which fighter will win in what round. Odds will be given to each fighter winning in each round. So one fighter may be a 2-1 favorite to win in round 6 while the other fighter may be a 10-1 underdog to win in round 6. The odds for this type of wager will be different for each round.

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