OKBet: Introduction to Boxing Betting in the Philippines
Aside from basketball, boxing is one of the most popular sports here in the Philippines. Many Filipino athletes have also succeeded in this physical sport. One example of a renowned Filipino boxer is none other than the eight-division world champion and former Senator Manny Pacquiao, among many others. Because of the success of this sport in the Philippines, boxing betting has also gained popularity, not only in physical bookies but also in online casinos like OKBet Online Casino and Sportsbook. In this article, we will discuss various aspects of the boxing industry in the Philippines. We will also introduce “Boxing Betting in the Philippines,” the types of bets you can place, where you can make online bets, and Filipino boxers who have fought under the Philippine flag.
Top 3 Famous Filipino Boxers
Before we discuss what Boxing Betting in the Philippines is, let’s first get to know some of the famous Filipino boxers in the country.
The Philippines is known worldwide for its successful and renowned Filipino boxers who have brought honor to the nation in international competitions. These famous Filipino boxers have become legends in the world of boxing, and their stories showcase determination, courage, and excellence in this industry.
- Manny Pacquiao
One of the most famous Filipino boxers on the list is Manny “Pacman” Pacquiao. He is considered one of the best pound-for-pound fighters in the history of boxing. He has also succeeded in multiple weight divisions and captured various world titles, including the WBC, WBA, and IBF championships. Because of this, he became the first boxer in the world to become an eight-division world champion. Apart from his success in the ring, Pacquiao is also a well-known politician in the Philippines who cares for those in need.
- Nonito Donaire
Another well-known Filipino boxer is Nonito “The Filipino Flash” Donaire, who has also become a world champion in multiple weight divisions. He is recognized for his punching power and intelligence inside the ring. Donaire is considered one of the great pound-for-pound fighters of his generation and won the Bantamweight World Title at the age of 38.
- Gerry Peñalosa
One of the names that should not be forgotten is Gerry Peñalosa, who became a champion in the light flyweight and super flyweight divisions. He is a well-known boxer in the Philippines and has succeeded in international competitions.
They are just some of the famous Filipino boxers who have not only been athletes but also became an inspiration to many of their fellow countrymen. Their successes demonstrate excellence, hard work, and determination that can bring honor and success in the field of boxing and in other aspects of life.
How does Boxing Betting Work in the Philippines
Boxing Betting in the Philippines offers various types of bets or wagers that can be made. Most Filipino online gamblers place bets without sufficient knowledge and don’t know how it works. So here are some of the possible bets in regards to Boxing Betting in the Philippines.
Straight Bet: This is the simplest type of bet, where you choose who will win a match. If the boxer you selected wins, you will receive a predetermined amount depending on how much you wagered on a match.
Round Betting: In round betting, you choose which boxer will win in a specific round or stage of the match. The odds are higher for rounds with fewer chances of winning, for example, rounds 9–12, because it’s rare for boxers to reach these rounds.
Over/Under Rounds: In this type of bet, you select a round and must predict whether the fight will go beyond the total number of rounds in a match or if it will not reach the round you chose. If you bet “Over,” the fight needs to go beyond the number of rounds you selected. If you bet “Under,” the fight must end before reaching the round you selected.
Method of Victory: This type of bet requires you to predict how a boxer will win. It can be “by decision” (judges’ decision, which could be split or unanimous), “by knockout” (knocking out the opponent), or “by technical knockout” (referee’s decision that a boxer is no longer fit to continue the fight).
Round Group Betting: In round group betting, you select a group of rounds in which you believe the fight will end. For example, you can bet that the fight will end in “Round 1-3” or “Round 7-9,” depending on the available rounds offered by the online sports betting site you’re wagering on.
Total Rounds: This is a bet on which half or the whole number of rounds will be the result of the fight. For example, you can bet that the fight will end at the odds of 6.5 rounds, where the fight needs to end in Round 7 or earlier for “Under,” and Round 8 or later for “Over.”
Knockdown Props: In knockdown props sports betting, you can bet on which boxer will have a knockout or knockdown, in which round it will happen, or how many times it will occur.
Parlay: This involves combining multiple bets on a single ticket. To win a parlay, you need to correctly predict all the bets you’ve chosen. It offers a high payout, but the chances of winning are small.
Prop Bets: These are bets that are not directly related to the outcome of the match. You can bet on things like “the first boxer to have a knockout,” “the color of shorts a boxer will wear,” or other professional aspects of the fight.
Live Betting: This type of Boxing Betting allows you to place bets during the actual match. While the fight is ongoing, you can wager on events like which round the fight will end or who will win that specific round.
Now that you have an idea of how boxing betting works in the Philippines, join OKBet Online Casino and Sportsbook to explore online casino sites or sports betting sites where you can place your bets online.
Where Can I Bet Online for Boxing?
With the growth of the online sportsbook industry, there are now many sports betting sites where you can place your bets on Boxing Betting in the Philippines. Here are some of the popular and reputable bookies that provide good and competitive boxing betting odds in the country.
OKBet is a registered trademark brand owned by KINGWIN VENTURES Inc. It operates under the regulation and license of the Philippine Amusement and Gaming Corporation (PAGCOR). Established in 2021, it has become a renowned operator of online casinos and sportsbooks, featuring professional odds makers who provide the best online entertainment experience to their customers through an excellent product range and high-level customer service. OKBet Sportsbook offers a wide variety of sports to bet on, making them a top choice for Boxing Betting in the Philippines.
WinZir is an authorized sportsbook and gaming operator that also falls under the regulation of PAGCOR. It is a government-owned corporation under the guidance of the President of the Philippines. WinZir also offers various online casino games and sportsbook options.
1xBet Sportsbook offers over 1,000 sporting events daily that you can bet on. They also cover various popular sports such as football, tennis, basketball, volleyball, ice hockey, golf, boxing, handball, American football, hockey, baseball, table tennis, biathlon, Aussie rules, and bandy. In addition, you can also place bets on cricket, snooker, Formula 1, cycling, ski jumping, curling, floorball, inline hockey, and water polo.
Boxing in the Philippines is a deep-seated part of Filipino culture and history. We have many world-class Filipino boxers like Manny Pacquiao, Nonito Donaire, and Gerry Peñalosa who have brought honor to the country. Their success reflects the determination, skill, and courage that come from the hearts of every Filipino athlete.
With the rise of boxing in the country, the industry of boxing betting in the Philippines has also grown. Due to its popularity, there are various types of boxing bets you can wager on, from simple “Straight Bets” to “Round Betting,” “Over/Under Rounds,” “Method of Victory,” and many more. Now, there are online sportsbooks like OKBet, WinZir, and 1xBet that provide opportunities for sports enthusiasts to place their bets online and experience the tension and excitement of boxing matches. You can now start your experience in Boxing Betting in the Philippines equipped with the right knowledge and inspiration for boxing.
Frequently Asked Questions (FAQ) About Boxing Betting in the Philippines
What are the popular sportsbooks in the Philippines that offer boxing betting?
Some of the popular sportsbooks in the Philippines include OKBet, 1xBet, and WinZir. There are also local sportsbooks, like PAGCOR-operated bookies, found in physical betting locations.
How can I find the odds for boxing matches?
You can check the odds on online sportsbooks or call their customer service for this information. Odds are typically displayed in decimal or moneyline format.
What types of bets can I make in Boxing Betting Philippines?
There are many types of bets you can make, including moneyline, round betting, method of victory, and many more. You can inquire with online sportsbook operators about the available bet options.
How do I determine the right amount to wager?
It depends on the odds and the amount you are willing to bet. For moneyline odds, if you bet P1,000 at +200 odds, your potential payout is P2,000 (total bet + profit). For decimal odds, if the odds are 3.00, your payout is P3,000 (P1,000 bet x 3.00 odds).
Are there strategies for boxing betting?
There are various strategies for boxing betting and analyzing fighters to give you a successful sportsbook experience. This may include a fighter’s history, condition, and record. You can research and listen to boxing experts to gain in-depth knowledge and make more accurate predictions.
How do I place my bet on a boxing match?
You will often find the steps to place a bet on the website or mobile app of online sports betting sites. You’ll input your bet details, select the type of bet, and confirm it before the match.
What should I do if there are issues with my bet or payout?
Contact the customer support of the sportsbook and report any issues. You can seek assistance and clarification from them.
Are there age restrictions on Boxing Betting in the Philippines?
Yes, most sportsbooks have a minimum age requirement of 18 or 21 years old. You need to prove your age before making a deposit and placing bets through the KYC or know your customer process.
How can I determine if sports betting in boxing is legal in the Philippines?
The legality of sports betting can vary depending on local regulations. Confirm this with PAGCOR or the local agency with jurisdiction over sports betting.
How can I stay updated with news and updates about upcoming boxing matches?
You can subscribe to sports news websites, follow the social media accounts of boxing organizations, or watch sports news programs for updates on upcoming matches.
Also read: Sportsbook: How It Works and Makes Money