Canelo Alvarez has been a world champion across four weight classes, but he lost his super middleweight titles to Terence Crawford last September and hasn't fought since. On Saturday, he'll challenge WBC super middleweight champion Christian M'billi to earn back one of his belts in Riyadh, Saudi Arabia. Alvarez vs. M'billi will headline a four-fight card that is scheduled to begin at 1 p.m. ET, with ring walks for the main event tentatively set for 4:30 p.m. ET. The latest Alvarez vs. M'billi odds list Alvarez as the -360 favorite to win. M'billi is the +250 underdog to defend his title, up from +235. The over/under for total rounds is 11.5, with the Over priced at -360 and the Under at +250. Bet on boxing at DraftKings, where new users get $200 in bonus bets and three months of free NBA League Pass with a $5+ wager:
Bet on Alvarez vs. M'billi with the BetMGM bonus code CBSSPORTS for up to $1,500 in bonus bets:
If you're wondering how and where to bet on Alvarez vs. M'billi, you can use this boxing betting guide to figure out how to collect more than $3,000 in sign-up bonuses. Here are some of the top sportsbook promos at betting sites, as well as the best betting apps that are available for M'billi vs. Alvarez. You can also read the instructions on how to claim each offer and where to bet on boxing below.
Top Canelo Alvarez vs. Christian M'billi betting promos and bonus offers
FanDuel Sportsbook: Bet $5, Get $150 in Bonus Bets
The FanDuel promo code offer doesn't need a code, but new users must meet the legal age requirement in a state where FanDuel legally operates. Here's how to sign up for one of the largest betting sites.
How to sign up for FanDuel Sportsbook and claim the promo
1. Tap the Claim Bonus button on this page, or click here.
2. Place a $5+ wager daily to be awarded bonus bets every day for three days.
3. Users receive $50 in bonus bets per day regardless of the outcome of their wager.
5. Bonus bets expire 7 days after receipt, and your seven days start from the first day you opt into this promotion offer.
DraftKings Sportsbook: Bet $5, get $200 in bonus bets and three free months of NBA League Pass
No code is required for the DraftKings promo code, but users must be of legal age in a state where DraftKings legally operates. You must also be a new user at the sportsbook to qualify, meaning you could not have previously signed up for a DraftKings account. Here's how to sign up.
How to sign up for DraftKings Sportsbook and claim the promo
If you are interested in signing up for DraftKings and claiming its welcome bonus, you can follow these simple steps:
- Select "Claim Bonus" on this page, or click here.
- Create a DraftKings Sportsbook account by entering all required information, including name, email and the last four digits of your Social Security number.
- Agree to DraftKings' terms and conditions.
- Make an initial deposit of $5 or more
- Place a first bet of at least $5 and collect two $25 bonus bets every seven days via click-to-claim for 21 days and three free months of NBA League Pass.
- Once the three-month period ends, the subscription will automatically renew on a monthly basis at the then-current price. NBA League Pass is currently $16.99 per month.
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Fanatics Sportsbook: Get $350 in FanCash
The Fanatics Sportsbook promo code CBSFAN350 gives new users $350 in FanCash after making a first-time bet of at least $20. To unlock this offer, new users just place a $20+ wager on any market with minimum odds of -500 within seven days of creating an account. This results in $50 in FanCash paid daily over seven days for a total of $350.
How does the Fanatics Sportsbook promo code work?
- Download the Fanatics Sportsbook app
- Register an account, filling out information such as name, email, birth date, and the last four digits of your Social Security number
- Enable geolocation services on your device
- Agree to the terms and conditions
- Your qualifying wager must be $20 or more, with odds of -500 or longer.
- Day 1 FanCash is credited automatically within 24 hours of your qualifying bet settling. For Days 2 through 7, you must opt in each day in the app to receive that day's FanCash.
- Limit one qualifying wager and a maximum of $350 in FanCash per new user.
- FanCash is non-withdrawable and not redeemable for cash.
Get started at Fanatics Sportsbook here:
BetMGM Sportsbook: Get up to $1,500 in bonus bets if your first bet loses
The latest BetMGM bonus code CBSSPORTS awards new users up to $1,500 back in bonus bets if their first bet loses. BetMGM users in New Jersey, West Virginia, Pennsylvania or Michigan can get a different promotion and receive $150 in bonus bets if they win their first bet of $10 or more.
How does the BetMGM bonus code work?
- Those interested can click the CLAIM BONUS button on this page to navigate to BetMGM Sportsbook or click here
- After downloading the app, click the SIGN UP button.
- Begin creating a BetMGM Sportsbook account. Use promo code CBSSPORTS during sign-up to lock up to $1,500 in bonus bets if your first wager loses.
- Allow BetMGM Sportsbook to access your location. You must be physically located in a legal sports betting state where BetMGM operates to bet.
- Users must deposit $10 or more.
- If the first qualifying bet wins, you get your winnings in cash. If it loses, you will get the amount you wagered in bonus bets, up to $1,500.
Caesars Sportsbook: Up to $250 in bonuses as five days of $50 bet resets
The Caesars Sportsbook promo code CBSDYW allows new users up to $250 in bonuses as five days of $50 bet resets.
How does the Caesars Sportsbook promo code work?
To sign up for Caesars Sportsbook and claim the promo, you can follow these steps:
- Click "Claim Bonus" on this page to begin the sign-up process.
- When prompted, enter the promo code CBSSPORTSBR250.
- Register for a new Caesars Sportsbook account by creating a username and password.
- Make a first deposit of at least $10.
- Your first Bet Reset token lands in your Bonus Drawer as soon as your account is verified. No minimum first bet is required to unlock it.
bet365 Sportsbook: Bet $10, get $200 instantly
The bet365 bonus code CBSBET365 offers new users $200 in bonus bets with a $10+ bet, whether the bet wins or loses. For those who haven't opened a bet365 account and want $200 in bonus bets, follow these steps below.
How does the bet365 bonus code work?
- Click "CLAIM BONUS" on this page or click here.
- Sign up for a bet365 account.
- Make a first deposit of $10+.
- Place a first wager of at least $10 on anything.
After making that first wager with the bet365 bonus code, new bettors will be given $200 in bonus bets regardless of whether the bet wins or loses. You can divide the $200 in bonus bets however you'd like, but any amount left over will expire within seven days. New bet365 users must claim the offer within 30 days of signing up for a bet365 account.
Hard Rock Bet: Bet $5, Get up to $500 in No Sweat Bets
The latest Hard Rock Bet promo code offers new users up to $500 in No Sweat Bets after their first wager of at least $5. There's no specific code required to claim the offer, but you must be of legal age in a state where Hard Rock Bet legally operates.
How Does the Hard Rock Bet promo code work?
- Click here to go to Hard Rock Bet.
- Register your account and enter all the required information such as email, name and payment details.
- Make a bet of $5+ with odds of -500 or longer.
- Whether the bet wins or loses, Hard Rock Bet will issue 10 No Sweat Bet Tokens, arriving once per day for 10 consecutive days. Each token expires at 11:59 p.m. the day it was issued.
This offer is legal in Arizona, Colorado, Illinois, Indiana, Michigan, New Jersey, Ohio, Tennessee, and Virginia.
Get started at Hard Rock Bet here:
Alvarez vs. M'billi betting preview
For nearly five years, Canelo Alvarez (63-3-2) held the WBC super middleweight championship and he made nine successful defenses of that title before he lost a unanimous decision to Terrence "Bud" Crawford in Sept. 2025. The 36-year-old Mexican has been dormant ever since, but he returns to action on Saturday in Riyadh.
He'll challenge Christian M'billi (29-0-1), who won the interim WBC super middleweight title against Maciej SulÄcki in June of 2025 and then retained that belt in a split-draw against Lester MartÃnez later in the year. He was elevated to full champion in January when Crawford was stripped of his title. The 31-year-old Cameroonian has also been inactive for over a year.
Alvarez has 39 wins by knockout in his career, but his last eight fights have all gone to a decision since he TKO'd Caleb Plant in Nov. 2021. Meanwhile, M'billi has 24 wins by knockout and two of his last four fights ended when he knocked out his opponent in the first round. Alvarez by points or decision (-140) is the lowest-priced method of victory prop and M'billi by KO/TKO/DQ is +650.
Responsible gaming
Responsible gaming is a serious topic, and all sportsbooks take steps to ensure users play responsibly. The top sportsbooks feature several tools and resources available on their apps and websites, including wager limits, voluntary self-exclusion options, and more. If you or someone you know is dealing with a gambling problem, please seek assistance from trained professionals such as the Problem Gambling Help Network at 1-800-MY-RESET.
