WrestleMania 35: Betting On WWE Expected To Rival Betting On NFL

(CBS New York/CBS Local) — Would you bet on WrestleMania? In the words of this old Daniel Bryan,”yes, yes, yes.”
Interest in sports betting is soaring, as a growing number of states relax gambling legislation to cash in on a can not -miss earnings stream. And it is not only traditional sports which are getting all the action. Sports entertainment is also becoming increasingly popular alternative for online sportsbooks, with tens of thousands eager to plop down a few dollars in their favorite WWE Superstars, even though their destiny has been determined long before the game even begins. But it’s not quite as mad of a concept as you may think.
Sportsbooks have taken prop bets on everything in the results of TV shows to winners at the Academy Awards, both of which have been solved and kept under wraps for days or even months prior to being broadcast. If anything, there’s a higher risk on gambling on professional wrestling, because plans might change up until the moment wrestlers walk through the curtain. Sometimes, the end can even be changed mid-match.
Wagering on WrestleMania 35 is predicted to be about quadruple that of a regular WWE pay-per-view, based on Adam Burns, sports book manager for BetOnline. The whole amount of money wagered Sunday is expected to be somewhere in the top six-figure selection, which is about the same as a mid-season NFL game. It is a nice amount for your Super Bowl of wrestling, but still paltry compared to the actual Super Bowl, which will see action well into the millions.
The average wrestling fan will bet around $50, and the maximum amount you can bet on a single match is just about $200, according to Burns.
“It is more for people to have pleasure to wager on, and they can tell their friends they really bet on WrestleMania,” Burns said.
The low limits could be raised the day of this occasion, as oddsmakers become more comfortable with items, barring any last minute crazy rumors surfacing. BetOnline really applies a superb fan of types to keep tabs on these backstage gossip and fix the lines accordingly.
But don’t expect the constraints to be raised too much. The caps are in place in part to prevent business insiders, and even the wrestlers themselves, from cashing in.
“If the a couple of people who actually know who’s going to win are prepared to risk their job to get a couple hundred dollars, then we’re familiar with that,” Burns concluded.
The whole operation is truly intriguing to monitor. A few of the wildest rumors that pop up can end up becoming prop bets. By way of instance, bets have been taken on whether the newly retired Connor McGregor and Rob Gronkowski will look in this season’s Andre The Giant Memorial Battle Royal. The lineup on the UFC celebrity to win is currently +5000, while ex-New England Patriot, who made a cameo at WrestleMania two decades ago, is fairing far better at +1000.