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Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 10:34
by black panther
Haye has stated in this article that it's against BBBofC rules to bet on yourself;
“I’m hoping I can give the fans value for money, but I can’t see it. If I was a betting man, which I’m not because it’s against British Boxing Board of Control rules to bet on yourself, I would go for the second round.
http://www.telegraph.co.uk/sport/others ... ounds.html

Is this accurate? Don't really see the point of this; of course it would be illegal to bet against yourself but don't see a problem with backing yourself to win.

Also, didn't Sprott bet a few grand on himself to win against Big Aud and subsequently give his winnings to his trainer?

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 10:41
by Andypittcov
I don't think a boxer can bet on himself, he's obviously in the fight and therefore has control over whats happening

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 10:50
by JimStone
black panther wrote:Haye has stated in this article that it's against BBBofC rules to bet on yourself;
“I’m hoping I can give the fans value for money, but I can’t see it. If I was a betting man, which I’m not because it’s against British Boxing Board of Control rules to bet on yourself, I would go for the second round.
http://www.telegraph.co.uk/sport/others ... ounds.html

Is this accurate? Don't really see the point of this; of course it would be illegal to bet against yourself but don't see a problem with backing yourself to win.

Also, didn't Sprott bet a few grand on himself to win against Big Aud and subsequently give his winnings to his trainer?
Bookmakers don't just offer 'to win' markets. If they did, betting on yourself to win would almost certainly permitted by the Board. That you can bet on method of victory, rounds, etc...

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 10:56
by palooka
Andypittcov wrote:I don't think a boxer can bet on himself, he's obviously in the fight and therefore has control over whats happening
In the real world though who can stop someone walking into a bookies or setting an online account up?

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 11:08
by Andypittcov
palooka wrote:
Andypittcov wrote:I don't think a boxer can bet on himself, he's obviously in the fight and therefore has control over whats happening
In the real world though who can stop someone walking into a bookies or setting an online account up?
No one I guess but their obviously taking a risk if it's against the rules

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 11:10
by Parson Cross
I think people would reognise Haye if he walked in the bookies with a carrier bag full of wedge - or created an online account :lol:
I blame George Groves.
David got a shot across he bows when DeGale gave George the "winner takes the purse" line and shit himself, only for David to offer to cover it.
Board were not happy.
Dave and George less so cos theyd have cleaned up !

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 11:13
by palooka
No man is an island though and there is someone who would open an account up or walk into a bookies as a favour; you were close to Ryan Rhodes - if he'd asked you as a personal favour to place a bet for him would you do it and would it matter if it were for him to win or lose?

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 11:17
by Parson Cross
Of course I would and I'm sure many do.
All fine and dandy - unless you get caught !
Ask Mr Black at Rangers.

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 11:19
by palooka
Thanks for the honesty :TU: a couple get caught every 5 seasons and they must be totally inept, good money to be made.

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 11:54
by jackukmma
I don't understand why it's illegal. The UFC have it right with this, you can bet on yourself but not against yourself. What's wrong with that? As long as you are only betting on yourself it just shows how much confidences you have in your self. Your not fixing the fight in any way shape or form

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 12:02
by palooka
But if you bet against yourself..... or ask someone else to....

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 12:06
by Parson Cross
There's always a way around this.
Like getting a sponsor for the soles of your boots.
Ask Julius Francis ! :lol:

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 12:08
by Andypittcov
jackukmma wrote:I don't understand why it's illegal. The UFC have it right with this, you can bet on yourself but not against yourself. What's wrong with that? As long as you are only betting on yourself it just shows how much confidences you have in your self. Your not fixing the fight in any way shape or form
You are, for example if you bet on yourself to win in round 5 and then do nothing until that round or carry an opponent you could take out earlier through to round 5 before going all out for the stoppage, that's screwing the bookies and every punter who's bet on anything other than round 5 isn't it?

Re: Boxers betting on themselves: against the rules?

Posted: 20 Sep 2013, 12:13
by palooka
Andypittcov wrote:
jackukmma wrote:I don't understand why it's illegal. The UFC have it right with this, you can bet on yourself but not against yourself. What's wrong with that? As long as you are only betting on yourself it just shows how much confidences you have in your self. Your not fixing the fight in any way shape or form
You are, for example if you bet on yourself to win in round 5 and then do nothing until that round or carry an opponent you could take out earlier through to round 5 before going all out for the stoppage, that's screwing the bookies and every punter who's bet on anything other than round 5 isn't it?
AKA the Froch example :TU:

Re: Boxers betting on themselves: against the rules?

Posted: 21 Sep 2013, 05:23
by mickey1975
It should be ok to bet on yourself, just not on the opponent.

Re: Boxers betting on themselves: against the rules?

Posted: 21 Sep 2013, 05:48
by JimStone
mickey1975 wrote:It should be ok to bet on yourself...
Okay. Let's look at that in a bit more detail. You say it should be okay for a boxer to bet on himself. Does that include being able to bet on a specific outcome e.g. KO round 8? and if so, do you think it's okay for the boxer to carry his opponent to achieve that particular outcome?

Re: Boxers betting on themselves: against the rules?

Posted: 21 Sep 2013, 06:29
by orbtastic
I remember Haye saying he told everyone to bet on him beating Audley in the 3rd (after the fight ended).

Re: Boxers betting on themselves: against the rules?

Posted: 21 Sep 2013, 06:39
by mickey1975
Aden wrote:
mickey1975 wrote:It should be ok to bet on yourself...
Okay. Let's look at that in a bit more detail. You say it should be okay for a boxer to bet on himself. Does that include being able to bet on a specific outcome e.g. KO round 8? and if so, do you think it's okay for the boxer to carry his opponent to achieve that particular outcome?
Fair point. Bet on yourself to win outright then!

Re: Boxers betting on themselves: against the rules?

Posted: 21 Sep 2013, 06:55
by expe
Aden wrote:
mickey1975 wrote:It should be ok to bet on yourself...
Okay. Let's look at that in a bit more detail. You say it should be okay for a boxer to bet on himself. Does that include being able to bet on a specific outcome e.g. KO round 8? and if so, do you think it's okay for the boxer to carry his opponent to achieve that particular outcome?
If a fighter's good enough to pick the round he takes his opponent out in, then why not? There's always the chance he gets caught, or the opponent retires, early stoppage etc But I don't see a problem with a fighter betting on himself to win, against himself would be a different story.

Re: Boxers betting on themselves: against the rules?

Posted: 21 Sep 2013, 06:59
by Finn
its against the rules because you could bet against yourself or carry a fight for round betting. They investigated haye i think then cleared him for saying he would beat audley in the 3rd and telling his family, friends and public to bet on it.

I might have a cheeky bet on round 2 now :lol:

Re: Boxers betting on themselves: against the rules?

Posted: 21 Sep 2013, 07:23
by JimStone
expe wrote:If a fighter's good enough to pick the round he takes his opponent out in, then why not?
Let's say I make a match between you and David Haye and all the bookmakers open a market on that event. When they initially calculate the odds, they'll study you, they'll study Haye and they'll arrive at what they think are fair odds to tempt the punters and also, if all goes as they expect, to make a profit.

Every punter that makes a bet on the fight will also have some system they use to decide what to bet on, how much to bet, etc. Some systems will be more sophisticated than others but they'll all rely to an extent on information available to them.

We'll assume that the overwhelming majority of people reach the conclusion that you're going to get your clock cleaned quickly and bet accordingly. We'll also assume that millions have been bet on that outcome. All the time the odds of a Haye points victory would be lengthening dramatically as the bookmakers try to keep their book balanced by tempting people in.

At some point Haye sees the potential for a huge return if he were to win on points. He bets on himself to win in that fashion and doesn't disclose that information. He then carries you and cleans up. Is that okay?

What about if the bookmaker who took Haye's bet thought "wait a second, I can get myself out of the pit here. Haye has bet on himself to win on points. I can limit my exposure by going to the bookie down the road and lumping a load on a Haye points win", and so on....and then you notice a suspicious betting pattern as a rush of people start betting a lot of money on Haye to win on points. A highly unlikely outcome unless the fight is fixed. Is that okay?

Re: Boxers betting on themselves: against the rules?

Posted: 21 Sep 2013, 08:29
by stujones
Remember in the Hamed vs Robinson build up, sky did a segment on Robinson in which part of the programme showed Robinson placing a big bet on himself.

Re: Boxers betting on themselves: against the rules?

Posted: 06 Jul 2022, 02:56
by 1049706
To be honest, I didn't think about whether athletes can bet on themselves. Even though they make pretty good money, it would be a great side income. In general, it's very easy to bet now. On this site https://www.dimers.com/best-books you can choose an excellent bookmaker from the top of the best options. No special skills or experience is needed for betting.

Re: Boxers betting on themselves: against the rules?

Posted: 06 Jul 2022, 03:01
by Greg Houston
I think the rule is that no licence holder involved in a match may place any bet on it. That would mean boxers, their managers, the promoter, matchmaker, whip, officials, and possibly even the MC.

Re: Boxers betting on themselves: against the rules?

Posted: 06 Jul 2022, 05:52
by Spud
Parson Cross wrote: 20 Sep 2013, 11:10 I think people would reognise Haye if he walked in the bookies with a carrier bag full of wedge - or created an online account :lol:
I blame George Groves.
David got a shot across he bows when DeGale gave George the "winner takes the purse" line and shit himself, only for David to offer to cover it.
Board were not happy.
Dave and George less so cos theyd have cleaned up !
If memory serves me right David cleared a very nice sum on a SD win for George