Gamblers Knew The Undertaker Would Lose At WrestleMania 30

WrestleMania is a massive event, providing excitement for a boost for the local economy and fans. And WWE’s biggest event of the year is a chance to get wealthy.
Online sportsbook Bovada was taking bets on the night’s matches, and there was seemingly plenty of action because the money lines were moving during the week. That’s not to say gambling on pro wrestling is a fantastic idea. Actually, it seems pretty foolish to bet on games which have scripted endings, especially because someone needed to write that script.
I have previously noticed that wrestling-related gambling lines have a propensity to swing hard right before the matches begin because that is when people within the promotion, who understand the planned outcome of each game, would create their stakes. I really don’t have any hard proof of that occurring Sunday night, but I do know that at least some bettors predicted among the most surprising results in recent memory, and today they are laughing their way into the bank.
Lots of fans – myself included – thought the closest thing to a sure bet is Undertaker defeating Brock Lesnar and extending his WrestleMania winning streak to 22-0. Gamblers appeared to agree with the sentiment.
Undertaker opened at -3000; Quite simply, you’d want to bet $3,000 just to win $100 on an Undertaker success. That line moved to -4000, and from Saturday afternoon was -5000. Clearly nobody was anticipating a reduction to Lesnar, and Bovada wasn’t making it simple for bettors to win cash off the”sure thing”
However, by 6:15 Sunday night? The Undertaker cash line had surged the method to -1200. The only explanation is that Bovada needed a great deal of activity going Lesnar’s way. The line would float back to -3000 by 6:30, then to -2500 at 6:50.

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