Definition of Alternative Round Betting

What does the term "alternative round betting" mean in the world of boxing or MMA betting? What does the term "alternative round betting" mean?

When betting on boxing or MMA, sportsbooks will offer you the chance to bet on which round the fight will end in.

Usually this involves picking a specific round that the fight will end in, such as Round 2.

With "alternative round betting", bettors can choose from a block of rounds that they think that the fight will end in.

For instance, let's say that Canelo Alvarez is fighting Caleb Plant.

The alternative round betting lines might look like this:

Canelo Alvarez to Win in 1-6 Rounds, +200
Canelo Alvarez to Win in 7-12 Rounds, +150
Caleb Plant to Win in 1-6 Rounds, +3500
Caleb Plant To Win in 7-12 Rounds, +3500
Draw or Technical Draw, +2500
Decision or Technical Decision, +170

The "traditional" round betting lines, on the other hand, might look like this:

Canelo Alvarez to Win in Round 1, +2800