Frank Maloney, the boxing promoter and former manager of now retired heavyweight champion Lennox Lewis, is one of the biggest names in British boxing. He spoke to Joe Morgan and gave us his advice for our guide to betting on boxing.

Know the game before you bet
Maloney says you can find value by knowing boxing intimately or picking up insider tips. Bookmakers mainly rely on the boxing trade press to calculate the odds on a fight and, according to Maloney, they do sometimes get it wrong. 'I've seen laughable odds,' he says. 'If you know the sport and see odds of 3/1 or 7/2, it's often worth a bet because it's a two-horse race.'

Maloney doesn't, however, recommend placing wagers on a heavyweight bout.