Gamblers Knew The Undertaker Would Lose At WrestleMania 30

WrestleMania is a massive event, providing excitement for a boost for the local market and fans. And for many bettors, WWE’s biggest event of the year is also a chance to get rich.
Online sportsbook Bovada was taking bets on the night’s games, and there was apparently plenty of activity because the cash lines were moving during the week. That is not to say betting on pro wrestling is a good idea. In fact, it appears pretty foolish to wager on games that have scripted endings, especially because somebody had to write that script.
I’ve previously heard that wrestling-related gambling lines have a tendency to swing hard before the games begin because that’s when people inside the promotion, who understand the projected outcome of each match, would create their stakes. I really don’t have any hard evidence of that occurring Sunday night, but I do understand that at least some gamblers predicted one of the most surprising results in recent memory, and now they are laughing their way into the lender.
Many fans – myself included – thought the closest thing to a sure bet would be Undertaker beating Brock Lesnar and extending his WrestleMania winning streak to 22-0. Most gamblers seemed to concur with the opinion.
Undertaker opened -3000; Quite simply, you’d need to bet $3,000 only to win $100 on an Undertaker victory. That line moved into -4000, and from Saturday day was -5000. Certainly nobody was expecting a loss to Lesnar, and Bovada wasn’t making it simple for bettors to win money from the”sure thing.”
However, by 6:15 Sunday night? The Undertaker cash line had surged the method. The rationale is that Bovada needed a great deal of activity going the way of Lesnar. The lineup would float back at 6:50 into then down .

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