Boxing odds are numerical representations of the likelihood of a particular fighter winning a match, set by bookmakers. These odds can fluctuate based on various factors, including fighter performance, injuries, and public betting trends. Typically expressed in formats like fractional, decimal, or moneyline, they help bettors gauge potential payouts. For instance, a fighter with odds of +200 indicates a $200 profit on a $100 bet if they win. Understanding boxing odds is crucial for making informed betting decisions and maximizing potential returns in this dynamic sport.