To bet on boxing, the bettor must tell the ticket writer the bet number of the boxer he wishes to bet on and the amount he wishes to wager. Boxing odds normally use a "Money Line."

The Money Line: Odds for a game based on $1.00. A "minus sign" (-) preceding the number indicates a favorite. A "plus sign" (+) preceding the number indicates an underdog.

Example Bet No. Boxer Odds 2001 Mike Tyson -260 2002 Evander Holyfield +220

Tyson is favored to win the bout. If Tyson wins, a $26 bet would win $10 and return $36. If Holyfield wins, a $10 bet would win $22 and return $32.

A draw on a straight bet will refund his bet.

Boxing matches often feature money line proposition wagers on knockouts, draws, rounds and the duration of the fight. Odds vary on each fight.