Bitcoin Betting on Boxing

A sport for courageous men who compete with each other in an archaic way? Or a brutal competition among thugs? That there are different views on boxing is nothing new. That was already the case in antiquity. After a thousand years of rest, the fistfight was rediscovered in modern times and is one of the most popular sports today.

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Beginnings in antiquity

If you believe the Bible, the first fistfight took place very early in human history: Cain against Abel. Violent clashes between rivals also dominated the ways of dealing with each other in the Stone Age. Battle scenes with bare fists are known from almost all cultures, from Egypt to the South Seas, from China to the Etruscans. But when did Ernst become fun? When did a normal brawl turn into a sporting confrontation?

According to Homer, boxing was included in the program of the Olympic Games in 688 BC. Instead of gloves the boxers wore leather straps, the fights followed fixed rules. Boxing as a training test of strength was part of the Greek body cult. But boxing changed when it came to Rome. The brutality increased, the opponents boxed with metal prongs on their fists. The audience wanted to see blood. Often the fights were fatal.

With the spread of the Christian faith the rituals in the arenas, which were perceived as pagan, were abolished. 393 A.D. Emperor Theodosius forbade the Olympics in Olympia. Boxing was forgotten.

From fairground fun to binding rules and regulations

It took more than a thousand years for boxing to return from its exile. At the end of the 17th century the fistfight reappeared at English fairs in the form of the “Prize Fight”. Boxers drove through the country and could be challenged by courageous spectators. The audience held bets on the outcome of the fight.

The ring was circular, it was boxed with bare fists. A fight was over when one of the two opponents lay on the ground or was visibly injured. In 1694 the word “to box” was first mentioned in writing as a synonym for “fighting with fists”.

1838 saw the first attempt to subject boxing to systematic rules: Low blows and head shots were forbidden, the ring was given square measurements. In 1867 the Marquess of Queensberry reformed the rules and laid the foundation for boxing today.

He divided fighters into different weight classes, prescribed padded gloves and introduced the knockout rule: If a knocked down boxer was not on his feet after ten seconds, the fight was over. In addition, the referee was instructed to pay attention to the health of the boxers. The Queensberry rules spread quickly, boxing became more and more popular. In 1904 boxing in St. Louis was again part of the Olympic program.

The professionalization of boxing

In the 20th century, boxing developed in two different directions: Olympic amateur boxing and professional boxing. Among amateurs, more emphasis was and is placed on technical skill. In addition, the health of the athletes is in the foreground.

In contrast, professional fights became more and more a show – and a profitable business. Prize money increased rapidly, and when television began to broadcast fights, professional boxing became an entire entertainment industry. Boxers quickly became one of the best paid athletes ever.

Since the 1980s there have been four major world federations competing with each other: The “World Boxing Association” (WBA), the “World Boxing Council” (WBC), the “International Boxing Federation” (IBF) and the “World Boxing Organization” (WBO).

Each federation chooses its own world champions, has its own TV contracts and regional partner federations, in some cases even the rules of battle differ. Also the combat pairings often take place under opaque conditions. Many world champions can defend their title for years because they only compete against mediocre opponents.

Due to this confusion and various possibilities of manipulation, boxing in Germany has for a long time had a reputation as a sport that is especially appreciated in the semi-world. Only in the 1990s did the image change, boxing was considered chic and socially acceptable. Thanks to the successes of Regina Halmich, even women’s boxing, which had long been frowned upon, became popular at the beginning of the new millennium.

Famous boxing personalities

For a long time, public interest focused primarily on the top class of boxing, the heavyweight, in which boxers weighing 86 kilograms or more compete against each other. In 1882 John L. Sullivan became the first world champion in this weight class. 16 years later, the first black rider, Jack Johnson, won the World Championship crown – an initial spark.

Boxing became the favourite sport of the Afro-American minority in the USA, who after the Second World War and into the 1990s led the winning lists: Floyd Patterson, Sonny Liston, Muhammad Ali, Joe Frazier, George Foreman, Mike Tyson, Evander Holyfield are the most famous world champions.

This dominance ended after the collapse of the Soviet Union (USSR). Many well-trained fighters from the Eastern Bloc went to the West and signed professional contracts, which was forbidden to them in USSR times. Since the turn of the millennium Vitali and Vladimir Klitschko, Nikolai Walujew, Ruslan Tschagajew or Sultan Ibragimow have shaped the heavyweight picture.

Boxing achieved its first great popularity in Germany in the 1930s, when Max Schmeling was elected the first German heavyweight world champion. It was not until the early 1990s that German boxers became internationally competitive again. Henry Maske, Dariusz Michalczewski and Graciano Rocchigiani won World Champion titles in low weight classes.

Max Scheling was extremely popular in the 1930s.

Thanks to the support and staging of private television and obscure association decisions, even a mediocre boxer like Axel Schulz was able to compete in three World Championships, some of which he lost under adverse conditions.

Boxing – more than just a sport

As great as the fascination of fighting man against man is, boxing has always been more than just sport. It also had a social function. So the success of black boxers helped the self-confidence of the black minority in the USA. Muhammad Ali acted as the mouthpiece of an oppressed stratum of the population that offensively insisted on their rights.

During the Cold War, boxing fights often had a political component. In the USSR, boxing was specifically promoted in order to teach the class enemy the most painful and public defeats possible when they met. A strategy that Cuban President Fidel Castro also pursued. And with success: Olympic amateur boxing has long been dominated by Cuban fighters.

Last but not least, you can learn something about productions in boxing. First, they demonstrated how to commercialize a sport profitably: Millions of stock exchanges, worldwide live broadcasts, an appealing supporting programme with lots of show and music. No wonder boxers are revered like pop stars.

But that was already the case in the early days of boxing. As in the case of Euthymos from Lokri. In the 5th century B.C. he laid down a unique winning streak at Olympic Games. His reward: He was declared a god.

Roman Coliseum

Boxing is the modern day version of the Roman Coliseum wherein warriors fight to the death but in a more delicate and life-friendly way. But delicate is not the perfect world as this is also considered one of the most brutal contact sports out there today. With head concussions just being a normal day at the office for professional boxers, it is a sport of blood and sweat. And in order for a fighter to be the best at their division, they literally need to fight their way to the top. This is what makes boxing a popular cash betting sport, which in no question makes it also a popular betting sport when it comes to Bitcoin.

Unlike other professional sports where you would have Leagues or Cups, in boxing, there is no such Season or Leagues that fighters can participate at. Instead, they are divided up into two classes, Amateur, and Professional Boxing. Within these classes, the fighters are classed in different divisions based on their weight. Of course, the higher your weight class is, the harder the punches are expected to be. Official games are being organized and sanctioned by official boxing organizations like WBA, IBF, WBC, IBO, and WBO.

There are only a few fighters that have changed their weight classes and succeeded at dominating the sport in almost all divisions, to name one, we have Manny Pacquiao, a living legend.

Boxing Rules

Let us move forward and get to know the basic rules of a Boxing match aside from the fact that one round lasts 3 minutes.

  • You cannot hit below the belt, hold, trip, kick or wrestle your opponent
  • You cannot hit with your head, shoulder or forearm
  • You cannot hit with an open glove, the inside of the glove, the wrist, the backhand

These are just a few of basic rules of boxing from a very long list which you are able to view here.

Of course, we also have official championship rules, a few are mentioned below.

  • Championship games as twelve (12) rounds. Three (3) minutes per round and one (1) minute rest period.
  • Only the referee can stop a fight
  • There is no three (3) knockdown rule

More of the professional boxing rules are discussed here.

Bitcoin betting with Boxing

Since Boxing is an individual sport, it would have different factors compared to a team-sport game. Fighter statistics play a big role in boxing matches. This is why before in every fight, the tale of the tape is always mentioned and shown to the viewers to let the people know their current rankings in their divisions. This would give people an idea on what that certain fighter has done in his past few fights and what they are capable of doing against their current matchups.

Most of the time, statistics do play a huge role in game predictions but you also need to put into consideration the age of a fighter and how long they have been in the professional boxing scene. Some great fighters were Gods in their prime and are just mere shadows after decades of fighting in the ring.