First of all thanks for the interest this fight is so big that sports books in Nevada are saying wagering is going to be larger than the SUPERBOWL. So I wanted to take a few moments to show you how to wager this fight. THIS IS BASICS 101 I will write some more blogs on PROPOSITION WAGERING and I am planning on doing a series of videos on YOUTUBE.
So lets get down to business here is the basics of how to wager the fight.
The fight is scheduled for AUGUST 26th 2017 at T-MOBILE ARENA in LAS VEGAS NV though no official time has been given when the fight will start and it is only available on PAY PER VIEW I will be posting another blog with places to watch the fight in RENO NV and updated odds every week. Also see my YOUTUBE CHANNEL!
Boxing matches at all SPORTS BOOKS in NEVADA are based on what is called in the SPORTS BOOK as a MONEY LINE WAGER. A Money Line means there are no POINT SPREADS like in FOOTBALL OT BASKETBALL. Money Lines are posted in sports books on print outs or on electronic boards in the sports book. This fight is being listed under BOXING.
Sports Books do not put $ signs or DECIMALS on MONEY LINES so this confuses a lot of people.
Sports Books also use betting numbers not the names of the participants however most sports books will help you and all sports books should have similar betting numbers but some use different numbers for wagering. So you may have to ask.
This is what it looks like at most SPORTS BOOKS IN NEVADA:
(note will not have my notes at top I did that so you could view what tour seeing at the books.)
(Books usually only post the last names of the fighters not the first except on printouts)
(These are the real betting numbers and odds as of July 22nd 2017.)
BETTING NUMBERS: NAMES OF FIGHTERS: ODDS:
2011 Mayweather -700
2012 McGregor +500
SO as I stated above SPORTS BOOKS DO NOT USE $ or DECIMALS IN MONEY LINES!
Here is how it works in Sports Books in Nevada when you place a wager and WIN the wager you get YOUR WAGER AMOUNT PLUS WHAT YOU WIN PAID TO YOU.
Mayweather currently is the favorite to win the fight It does not matter how he wins as long as he wins with this wager. So if you where to wager $7.00 you would make $1.00, in other words Mayweather is currently 7 to 1. Also I put $ signs and decimals in but SPORTS BOOKS DO NOT
McGregor currently is the underdog to win the fight. It does not matter how he wins as long as he wins with this wager. Because he is the underdog you get what is called PLUS MONEY. Cur This means you get $5.00 for every dollar you wager. So if you wagered $1.00 you would get $5.00. Again just a reminder SPORTS BOOKS DO NOT USE $ or DECIMALS!
EXAMPLES OF WAGERING AND AMOUNTS:
Fighter, Amount Wagered, Amount Made from Wager, Total Payout
Mayweather $70.00 $10.00 $80.00
Mayweather $700.00 $100.00 $800.00
Mayweather $7000.00 $1000.00 $8000.00
McGregor $50.00 $250.00 $300.00
McGregor $500.00 $2500.00 $3000.00
McGregor $5000.00 $25000.00 $30000.00
This is how a MONEY LINE WAGER WORKS I WILL BE POSTING A BLOG ON ROUNDS AND PROPOSITION WAGERS SOON AS WELL FOR THIS FIGHT!
Nice for sharin I'd like to learn this sport :D
@michealtomsik
Me too thanks for sharing
Thanks for the reply
Thanks I would love to answer questions
Congratulations @michealtomsik! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP