Friday, September 15, 2017

Gambling Sites May Drop WWE After Someone Made Over $45K Betting On SummerSlam

It looks like one person might have ruined gambling on pro wrestling for everyone. According to the latest Wrestling Observer Newsletter, somebody who gets the WWE finishes made a killing at SummerSlam, so gambling sites are considering dropping WWE.

Dave Meltzer wrote that there wasn't enough smart money in time for betting sites to adjust the line. Also, none of the finishes were changed at the last minute, so someone with inside knowledge can easily get all the finishes correct.

"He did a $3.36 parlay on ten matches, all of which he got right, and won $45,600," Meltzer wrote. "That was a key thing where I mentioned after the show that a lot of the gambling sites were considering dropping WWE because insiders that knew could make a lot of money and that level money was ridiculous. The company that got hammered hasn't done parlays in a long time, and won't be doing them again."

After a loss like that, it doesn't look like other companies will want to increase how often they place odds on wrestling matches, especially considering gambling on pro wrestling isn't as popular as gambling on other sports. Meltzer also noted that some WWE talents bet heavily and some sites recognize them, which causes the odds to switch.


FOLLOW US ON YOUR FAVORITE SOCIAL MEDIA. WE ARE ON FACEBOOK, TWITTER AND G+!
LIKE US ON FACEBOOK FOLLOW US ON TWITTER FIND US ON G+ JOIN OUR YOUTUBE CHANNEL RSS FEED

LATEST NEWS

No comments :

Post a Comment