Betting On Boxing at the 2021 Summer Olympics: Latest Odds & How to Wager

Boxing stands as one of the signature sports in the Summer Olympic Games. It’s an event which should also draw some intense betting interest at top real money sports betting sites for those hoping to speculate successfully on the action. We’re here to help you with all that with a look at the process and the strategies behind betting on boxing for the 2021 Summer Olympic Games.

The Summer Olympics begin on Friday, July 23 in Tokyo, Japan, a full year after their original scheduled starting date in 2021. Athletes from around the world will be convening to prove they’re the best of the best and take home gold medals for their countries. Bettors from around the world will be convening as well, at sportsbooks and sports betting sites, to wager on the action.

Expect boxing to be one of the hottest commodities at these betting sites in terms of the money wagered on the matches and the medals. You’ll be able to wager on many different aspects of the boxing tournaments taking place in Tokyo. For just about the entire time the Olympics are taking place, there will be matches at Ryogoku Kokugican.

Boxing Betting Excitement Builds

Many fans have been anticipating this ever since the games were postponed last year. The one-on-one action of boxing makes wagering on the matches somewhat clear and distinct from some other Olympic sports. You’ll be able to attack betting on boxing at the 2021 Olympic Games from a lot of different angles.

Yet we realize that many of the people who will be making wagers will be doing so for the first time at real money sports betting sites. And if it’s not their first time online gambling, it could be their first time wagering on boxing in particular. With all of that novelty, it can be a good thing to have a resource at your side to help you out with it all.

That’s where this guide to Olympic boxing and how you can wager on it comes into play. We’ll take you through the process of betting online while also explaining what it is about boxing betting that can be so advantageous. To help you out even further, we’ll give you some strategies that should help as you try to win big along with the pugilists dueling it out for Olympic gold.

Olympic Boxing 2021 Odds

It’s not too early to get your wagers in for the Olympic boxing action coming up on Tokyo. Bovada has already starting laying down odds for both the women’s and the men’s fields. Here are the top three athletes, according to the odds, in each major weight class.

Women’s Flyweight

  • Buse Naz Cakiroglu (TUR): +163
  • Virginia Fuchs (USA): +350
  • Stoyka Krasteva (BUL): +600

Women’s Featherweight

  • Lin Yu-Ting (TPE): +188
  • Irma Testa (ITA): +250
  • Neshty Petecio (Phi): +400

Women’s Lightweight

  • Beatriz Ferreira (BRA): +138
  • Kellie Harrington (IRL): +300
  • Mira Potkonen (FIN): +450

Women’s Welterweight

  • Busenaz Surmeneli (TUR): +150
  • Chen Nien-Chin (TPE): +250
  • Gu Hong (CHN): +250

Women’s Middleweight

  • Lauren Price (GBR): +125
  • Nouchka Fontjin (NED): +400
  • Qian Li (CHN): +400

Men’s Flyweight

  • Skakhobidin Zoirov (UZB): +175
  • Yosvany Veitia (CUB): +550
  • Amit Panghal (IND): +700

Men’s Featherweight

  • Mirazizbek Mirzakhalilov (UZB): +225
  • Lazaro Alvarez (CUB): +250
  • Albert Batyrgaziev (ROC): +600

Men’s Lightweight

  • Andy Cruz (CUB): +120
  • Keyshawn Davis (USA): +700
  • Sofiane Oumiha (FRA): +700

Men’s Welterweight

  • Pat McCormack (GBR): +100
  • Andrey Zamkovoy (ROC): +210
  • Roniel Iglesias (CUB): +900

Men’s Middleweight

  • Oleksandr Khyzhniak (UKR): -175
  • Gleb Bakshi (ROC): +350
  • Eumia Marcial (PHI): +700

Men’s Light Heavyweight

  • Arien Lopez (CUB): -143
  • Bekzad Nurdauletov (KAZ): +150
  • Benjamin Whittaker (GBR): +800

Men’s Heavyweight

  • Muslim Gadzhimagomedov (RUS): -250
  • Julio Cesar La Cruz (CUB): +600
  • Vassily Levit (KAZ): +800

Men’s Super Heavyweight

  • Bakhodir Jalolov (UZB): -200
  • Kamshybek Kunkabayev (KAZ): +500
  • Richard Torrez (USA): +800

Basics of Betting Boxing Online

It can be tricky to get started with online sports gambling if you’ve never tried it before. There could be an intimidation factor, especially if you’re a little uncomfortable with technology. But we’re here to tell you that it’s really a simple thing, and it shouldn’t keep you from wagering on the 2021 Summer Olympics boxing action.

As a matter of fact, there are actually two different ways you can wager on the boxing action in Tokyo. If you choose to do so, you can use live sportsbooks that are located throughout the US in states where sports gambling has been legalized. You can find these locations in casinos, horse racing tracks and other retail spots.

But there are many states where such gambling is not legal, which means that many of you reading this might not be able to pop over to a sportsbook with ease. Luckily, you can easily bet online at real money sports gambling sites that either originate from your state (if gambling is legal there) or from offshore locations (where gambling is legal.) If you do want to gamble online on the 2021 Summer Olympics boxing action, here is the basic process:

  1. Find a reliable site and sign up by providing your name, user name, password and other required information.
  2. To make real money wagers, you’ll need to fund a betting account with a credit card or other alternative method accepted by the site.
  3. Make sure to take advantage of any bonus offers at the site, which will give you a boost with your boxing wagers.
  4. Make the bets on the 2021 Summer Olympics boxing action that you want to make.
  5. Collect any winnings you might have amassed by requesting for a withdrawal from the site.

It’s really as simple as that. But first, we should stress that you should only sign up with sites that offer you the following:

  • Safe and secure gambling
  • A solid reputation in the online gambling industry
  • Many different methods for deposits and withdrawals
  • Fast payback
  • Site navigation that is easy to use
  • Mobile betting capabilities
  • Great variety of bets
  • Bonuses for betting
  • Reliable customer service

Make sure that the site that you choose for your Olympics gambling doesn’t lack any of those qualities. To help you in that regard, here is a link to our reviews of the best betting sites:

Reviews of Betting Sites

To make your bets at these sites, you have to be prepared with the following information:

  • What kind of bet you want to make
  • Which selection you want to make for that bet
  • How much money you want to wager

As we mentioned, it can be daunting when you’re new to the process. But you’ll see that the best sites make it quite easy for you. Once you’ve signed on and looked around for a bit, it will all become clear and you’ll be able to make your Olympic boxing bets with no problem.

How Boxing Odds Work

If you were to look at a series of Olympic boxing lines without any idea of how the odds work, it might seem impenetrable. There are symbols and numbers thrown about all over the place, and it might look like gibberish. But the reality of it is that it will all makes sense quite easily once you understand the moneyline.

The moneyline is usually in place for all sports bets made at top gambling sites. It can be used for a simple bet with just two options, or it can be involved in a bet with dozens of possibilities. What it does is provide you with the information on how much you’ll be paid back on a bet relative to what you wager.

To understand the moneyline, you just need to remember that the number 100 always comes into play. What we mean is this:

  • If the number on the moneyline has a minus sign in front of it, it is telling you that you have to bet that amount to win $100 in profit in return
  • If the number on the moneyline has a plus sign in front of it, it is telling you that you have to bet $100 to win that amount

In a bet with two possible outcomes, the option with the minus is the favorite and the option with the plus is the underdog. But there can be bets where both options have the minus sign in front of them. And there will be bets when all options have the plus sign.

You just need to concentrate on how the number affects the bet that you want to make. Let’s imagine that there was a head-to-head boxing matchup in the 2021 Summer Olympics with the following odds attached to them about who was going to win:

  • Boxer A: -150
  • Boxer B: +180

In this scenario, a bet on Boxer A will bring you $100 profit in return for a wager of $150 if they win. That means when you collect, you get the $150 you bet back in addition to the $100 you won. A bet of $100 on Boxer B would bring you $180 if they win.

As you can see, Boxer B is the more lucrative choice of the two. The reason it’s this way is that the oddsmaker must feel that more people will be betting on Boxer A. Sports betting sites want about the same amount of money to be wagered on all possible outcomes, so the oddsmakers adjust the line in a way that encourages that.

Keep in mind also that moneyline bets don’t have to be restricted to those centered around either wagering or winning $100. You can bet however much or however little you want based on the limits allowed by the site. The moneyline will set the payback for any betting amount, such as in the example above:

  • Boxer A will return $1 for every $1.50 that you bet
  • Boxer B will return $1.80 for every $1 that you bet

Using those ratios, you can tell that a wager of $300 on Boxer A will bring you $200 in profit if they win. And $500 on Boxer B will bring you $900 of profit if it’s the right bet. All it takes is a little quick math and the moneyline will reveal itself to you and let you know if you’re getting the value you want out of it.

Types of Olympic Bets You Can Make

Now that you know how the odds work, you can start to think about what kinds of wagers you want to make. When you visit the Olympic boxing page of a particular website, you’ll see a list of all the wagers that will be available to you. How you choose will depend on what you’re trying to achieve and what kind of risks you want to make.

Keep in mind that not all sites will have the same menu of wagers from which you can choose. You’ll have to look around to see the site that gives you what you want, or you might have to sign up for multiple sites to get all your favorite wagers. In any case, here are some of the bets you might find at top gambling sites when it comes to the 2021 Summer Olympics boxing competition.

Guessing The Medalists

At the end of the 2021 Summer Olympics boxing competition, medals will be handed out to the top three finishers on both the men’s and women’s sides at the different weight classes. The gold will go to the boxer who wins the tournament in their respective weight class. Meanwhile, the runner-up gets the silver and the third-place finisher ends up with the bronze.

We’re guessing that most of the top gambling sites will give you the chance to speculate on who the gold medalist will be in each of the different weight classes. They’ll assign a moneyline to each of the top boxers in the field. They might not include every single boxer involved, as they’ll be aware that there might be certain competitors who don’t have a legitimate chance of winning.

Another bet that might be seen at gambling sites as it pertains to Olympic boxing is one that asks you if a specific boxer will win a medal. It might be the case where there are bets both about whether the boxer will win the gold and whether they will win any medal. These will be yes or no questions, which means that you can narrow the wager down to two options and have a better chance of winning.

Head to Head Battles

The boxing gold medals in the different weight classes will be determined by tournaments. In some cases, these tournaments will consist of 32 competitors, while other weight classes will have 16. But in either case, the field will be winnowed down as boxers face each other head to head, with the loser being eliminated and the winner continuing until the last two are in the ring for the final (winner gets the gold, loser the silver, and there will also be a third-place matchup to determine the bronze medalist.)

For every match, there could conceivably be betting lines laid out by sports gambling sites. We’re not saying that will definitely be the case for every single match in all the different weight classes for both men’s and women’s fields. But it is possible that there will be certain matches included, especially once the medal round is reached.

What makes these bets enticing is the fact that you can simply make the choice between two fighters. It would be no different than if you were wagering on a professional fight. You can keep it simple with these matchup wagers so that you concentrate on just figuring out the potential winner of a single fight instead of worrying about the bigger picture of who will make it all the way to the gold.

Prop Bets

Have you ever been sitting around with a friend and all of sudden said something like “I’ll bet you that…”, followed by some wager that you make up on the spot. That’s kind of what prop bets are like at sports betting sites. Only in this case, the oddsmakers at the sites are the ones making up the wagers and they’re offering them to the entire wagering public.

Prop bets are pretty flexible, in that they can be simple either/or wagers or they can involve many different selections. And they’re also less limited than other wagers. They might involve something other than the direct result of who won or lost a match or who wins the medals for an Olympic boxing weight class.

It’s hard to speculate which bets will be included at which website when it comes to Olympic boxing prop bets. And it’s likely that each site will have its own set of prop bets that are mostly different from the other sites’ offerings. But to give you an idea of what some of the Olympic boxing prop bets might look like, here are some hypothetical ones:

  • Which country will end up with the most boxing medals?
  • Which country will end up with the most boxing gold medals?
  • What will be the time of the shortest match of the tournament?
  • Which boxer will score the most knockouts in the tournament?
  • How many repeat boxing gold medalists will there be from the 2016 Summer Olympics?

Prop bets can be a lot of fun because a lot of times they’re decided by luck or chance more than anything else. That can make them attractive to casual bettors. More seasoned bettors might prefer wagers where they have more control over the outcome.

Advantages of Betting Olympic Boxing

If you’re a fan of the Olympics, you’ll know how many different events will be available to you from a wagering standpoint. But boxing can be a good choice for bettors when compared to the other sports. Here are some of the reasons why.

  • The bets available in boxing let you really tailor your wagers to your preference. You can go for broke and try to pick a medal winner at the start of the Olympic tournament, which can give you a great return on investment. Or you can simply stick to single matches, which is a good way to steer clear of a higher level of risk.
  • Boxing is one of the few sports on the Olympic schedule that basically runs though the entirety of the Games. It starts the day after the Opening Ceremonies and continues all the way to the Closing Day. That means that you can be involved in the betting the entire time if you choose.
  • You can expect boxing to hold form to a certain extent, especially when it comes to the medalists. Upsets are always possible, of course, but expecting a long shot to win several matches in a row isn’t likely. Thus, you can usually go into the boxing betting with a solid idea of what might transpire.

Olympics Boxing Betting Strategies

It’s a good idea to think about your strategy for wagering on the boxing action at the 2021 Summer Olympics before you actually sit down to make your wagers. If you just begin at random with your wagers, you can find yourself getting a bit off course. And it can be hard to get back on the right path once you’ve done that.

We suggest that you think about your overarching strategy beforehand, so that it then governs the wagers that you make. At the very least, this will keep you from performing poorly because you’re betting haphazardly. And it will help you to focus once you do have to make choices on individual Olympic boxing bets.

Check the Recent International Competition

You might be under the impression that the Olympics is the only gathering for top-notch boxers on an international level. But in truth, the best pugilists in their respective countries often face off in regional battles. Different parts of the world crown champions each year, and many of these competitors then move on to the Olympics.

It can be frustrating to compile the information needed to make wagers on some of the more obscure sports included in the Olympic games. But boxing is not one of them, as the information is all there. It’s just a matter of compiling it and drawing conclusions from it.

In addition, it can be a good idea to look at what boxers have done well in years past at the Summer Olympics in the boxing competition. If they have done well, it means they know how to navigate the physical demands of having to win up to five fights in a row in a two-week period. Positive experience in such an environment is a very good sign.

Styles Make the Fights

You often hear this old adage when it comes to professional fighters, but it certainly holds true as well on the Olympic level. The idea behind this is that certain fighters might be better than most in a tournament. But when it comes to an individual matchup, they could run up against somebody who just happens to have their number based on the style that they prefer.

For example, a boxer with a powerhouse punch might get frustrated by someone who is very good defensively. In some case, fighters struggle against others with a particular dominant hand. Or the way that they punch can leave them open to a particular countermove from their opponents.

All of this can be gleaned by doing just a little bit of scouring to find previous matches on the internet. You might be able to spot something that will provide you with a value, either in an individual matchup or as it pertains to someone coming up with a surprise medal. That little bit of research can go a long way.

Figure Out Your Betting Preferences

Just as fighters have styles, so too do the folks who bet on them. It can be a good idea, before you even consider wagering on the Olympic boxing action, to decide what kind of bettor you are. Ask yourself some of these questions:

  • How much money am I comfortable risking on a single wager?
  • Am I willing to be patient and work for a profit over multiple bets?
  • Do I want to win a lot of money in one fell swoop?
  • Can I handle the thought of losing several bets in the hunt for the one big one that make it all up for that and more?

When you start to answer these questions, you’ll start to define your betting style. And that will in turn lead you to the right types of bets and the right choices within those bets, at least for you. Once you do this, you’ll start to develop a comfort level for all your sports wagers, and you’re likely to find that your results are better as well.

Olympic Boxing Classes

Men’s Boxing (Lightest to Heaviest)

  • Flyweight
  • Featherweight
  • Lightweight
  • Welterweight
  • Middleweight
  • Light heavyweight
  • Heavyweight
  • Super heavyweight

Women’s Boxing (Lightest to Heaviest)

  • Flyweight
  • Featherweight
  • Lightweight
  • Welterweight
  • Middleweight

Boxers to Watch at the 2021 Summer Olympics

  • Shakhibidin Zoirov, Uzbekistan: Has a chance to defend his flyweight title
  • Andy Cruz, Cuba: Continues the tradition of boxing stars from his country
  • Muslim Gadzhimagomedov, Russia: Looks the favorite in the men’s heavyweight division
  • Mary Kom, India: Decorated international star in search of her first Olympics gold
  • Lauren Price, Great Britain: Reigning world champion in her middleweight class

The 2021 Summer Olympics figures to be fascinating to watch. And it could turn out to be quite beneficial for those who wager on the action. Refer to this article as you make your wagers on the Olympic boxing action at top real money sports betting sites.

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