Gamblers Knew The Undertaker Would Lose At WrestleMania 30

Posted December 21, 2019

WrestleMania is a massive event, providing excitement for a boost for the local economy and fans. And to get some gamblers, WWE’s biggest event of the year is also a chance.
Online sportsbook Bovada was taking bets on the night’s games, and there was seemingly plenty of action because the cash lines were moving during the week. That is not to say gambling on pro wrestling is a good idea. In fact, it seems pretty foolish to bet on matches that have scripted endings, particularly because somebody had to write that script.
I have previously noticed that wrestling-related gambling lines have a propensity to swing hard right before the games begin because that’s when people inside the advertising, who know the planned outcome of every game, would make their stakes. I don’t have any hard evidence of that occurring Sunday night, however I do understand that at least some bettors predicted one of the most surprising outcomes lately, and today they are laughing their way into the bank.
Lots of fans – myself included – thought the nearest thing to a sure bet is Undertaker beating Brock Lesnar and extending his WrestleMania winning streak to 22-0. Gamblers seemed to concur with the opinion.
Undertaker opened at -3000; Quite simply, you’d want to wager $3,000 only to win $100 on an Undertaker victory. That line moved to -4000, and by Saturday day was -5000. Certainly nobody was expecting a loss to Lesnar, and Bovada wasn’t making it easy for bettors to win money off the”sure thing”
However, by 6:15 Sunday night? The Undertaker money line had surged the other method. The explanation is that Bovada had a whole lot of action going Lesnar’s way. The line would float back at 6:50 into -3000 to -2500, then down by 6:30.