Meltzer report: insider in WWE betting on Summerslam

[asellus]

There was someone who gets all the WWE finishes that made a killing at SummerSlam because not enough smart money came for them to adjust the line, and also, none of the actual finishes were changed at the last minute. He did a $3.36 parlay on ten matches, all of which he got right, and won $45,600. 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. It was noted that the one guy alone may kill the landscape because companies don’t want to open themselves up for those kind of losses in what is usually considered a minor fun thing of having odds on pro wrestling matches. It also should be noted that there are WWE talents betting heavily which is where some sites recognize and switch the odds when those bets come in

From the Wrestling Observer Newsletter.

[Deleted]

It's Enzo isn't it...

[Jacy Jayne Atomic Dog AMV]

There's guys betting on their own f***ing matches?

I'm dead, dude. I love this industry so much.

[Sparkybob]

So that is how Big Show lost his money.

[Allie Kitsune]

Sept 15, 2017 12:45:48 GMT -5 Jacy Jayne Atomic Dog AMV said:

There's guys betting on their own f***ing matches?

[Jacy Jayne Atomic Dog AMV]

I'm just imagining Kalisto up at 4 AM betting $1000 on himself and then psyching himself up to shoot on his opponent.

[nisidhe]

Sept 15, 2017 12:45:04 GMT -5 @supersweetbotch said:

It's Enzo isn't it...

I can see this being something for which he could get released and buried, without any consideration about merch sales or how over he is. If it is him.

[JCBaggee]

Man, Vince is really desperate to become a billionaire again.

[A Platypus Rave]

I would totally bet small amounts of money on random wrestlers

[Deleted]

Still betting on wrestling.

[Joe Neglia]

It would certainly NOT be Enzo - none of the wrestlers are privy to the outcomes of all matches. It's someone in the office/backstage.

[Perd]

That's interesting. I have a friend that likes to gamble and we were texting back and forth about underdogs winning at Summerslam. Jinder was a huge underdog and he was regretting not putting a little money on him.

I've made a habit out of checking the betting odds on WWE PPVs. And usually, when the smart money comes in, the large majority of the time the favorite wins. But like I said, Summerslam had more underdogs winning than normal. You certainly could've made a larger score than than usual if you knew what was coming.

[eJm]

I always find betting on wrestling hilarious mostly because the origins of pro wrestling involved finding a way to stop people betting on the matches.

And now, people are betting on them even though they're pre-determined.

[Johnny]

[Welfare Willis]

Roman going over: even
Booker saying something that doesn't make sense 1:50
Montreal Screwjob again 1:100
Sami Zayn televised match 1:300
Stephanie getting her come uppance: 1:1 Billion

[Deleted]

I also think we now have the real reason for the "botch" between AJ Styles and Kevin Owens at Battleground

[Cyno]

Somehow this will be Road Dogg's fault.

[Deleted]

Sept 15, 2017 13:28:51 GMT -5 Cyno said:

Somehow this will be Road Dogg's fault.

Or the real reason why Baron Corbin lost his MITB

[romanstylesiii]

Is this illegal? Can it even be illegal? Why are there even places to bet on something where institutionally a lot of people need to know the outcome in advance?

[Deleted]

Sept 15, 2017 13:43:46 GMT -5 romanstylesiii said:

Is this illegal? Can it even be illegal? Why are there even places to bet on something where institutionally a lot of people need to know the outcome in advance?

Yeah, surely there is some sort of loophole around it.