A method of forming an earth-boring tool includes forming a tool body including at least one inverted cutting element pocket, at least a portion of the at least one inverted cutting element pocket having a profile substantially matching a profile of an actual cutting element to be secured within a cutting element pocket to be formed by subsequently machining the at least one inverted cutting element pocket. Hardfacing material may be applied to portions of the tool body. The actual cutting element pocket is formed by removing material of the tool body within the at least one inverted cutting element pocket subsequent to applying the hardfacing material to portions of the tool body. A cutting element is affixed within the actual cutting element pocket.