If you are betting on the Mayweather versus Pacquiao and want to bank the biggest win on the 2nd May, you need to place your bets in the right place.
When it comes to betting on boxing, picking the winner is only half the battle. If you don’t do your research and bet with the wrong bookie you could be throwing away potential winnings.
The biggest boxing betting event is going to take place so here is a run down of the best places to bet. Some you may be familiar with and some may be new. We’ve also put together a breakdown of the best welcome offers bookies offer to new customers.
Firstly – who’s going to win? Mayweather or Pacquiao?
Betting exchanges are often regarded as the best way to predict the outcome of an event. The Telegraph recently suggested that If you want to bet on politics the best person to ask who will win the general election is a gambler.
So according to Betfair, the largest betting exchange, Mayweather is going to beat Pacquiao on points.
Punters on the second largest exchange BetDaq, also see Mayweather as the favourite. Smarkets, the up and coming betting exchange has yet to start a market on the event (even though they just processed over £1billion in bets). Smarkets are still worth a look when the boxing match odds start to show.
Secondly – where to get the best odds for the fight?
If you are just betting on the winner, or single options and betting in the traditional sense, the best odds are also on betting exchanges like BetDaq. As you are betting against other punters laying bets, the prices are generally more competitive than the bigger online bookies like bet365.
Bit of a no brainer really. If you want the best odds for the Mayweather verusus Pacquiao boxing match bet on a betting exchange. There are only really three at the moment (due to the recent closure of WBX) if you don’t have an account already you can compare the top three betting exchanges here.
If you like to mix it up and trade the financial markets on margin you may want to give sports spread betting a go.
Spread betting on boxing is more like trading forex or financial spread betting, you buy and sell prices rather than fixed odds returns. This means that the risks and rewards are scaled. It’s worth exploring Spreadex and Sporting Index. Sporting Index in particular is keen on educating new punters and offer a pretty good £100 free no deposit bet to get you started. Read our Spreadex Sports Review…
Thirdly – where to get the best free bets for the boxing match
There are so many bookies fighting for new customers so they all offer pretty good sign up bonuses for new customers. Here are our top three picks from across the different betting site types (fixed odds, betting exchanges and sports spread betting).
Betting Exchanges – Smarkets offer £10 to all new customers who sign up. They are one of the newer betting exchanges and have just processed £1bn in bets. They also charge a really low commission of 2% (Betfair is 5% for example). Claim the £10 free bet here.
Fixed Odds – bet365 offer a 200% deposit match for new customers. This means that if you open a new account with bet365 and deposit £100, you get an extra £200 to bet with. bet365 are the largest fixed odds bookie online so well worth an account if you don’t have one already. Claim the 200% deposit bonus here.
Sports Spread Betting – Spreadex will give you an iPad or a Sono music system when you open an account and put a couple of bets on. You can get £100 as a no deposit bonus with Sporting Index, but sometimes it’s more fun to get actual stuff. Blagging a free ipad from your bookie is a great offer. Spreadex offer fixed odds too, so if the concept of spread betting on sports is not for you, you can still bet on the fight in the traditional sense. Claim the iPad here.