Wrestling

Everything You Need To Know About Betting On WWE

It is no secret that professional wrestling is scripted. How the events in a match play out and the eventual outcome are predetermined. Yet, there are diverse betting opportunities in wrestling. World Wrestling Entertainment (WWE) is the leading pro wrestling promotion in the world, hence betting on WWE is very common.

The scripted nature of professional wrestling presents unique challenges, different from other sports betting, for bettors. Everything you need to know to make successful WWE bets is discussed in this article.

Is WWE Betting Legal?

Sports betting is now legal in most countries, including most states in the United States. However, the scripted nature of WWE makes it entirely different. At the moment, WWE betting is not legal in the US. The same applies to any event with a fixed or predetermined outcome, because issues such as leaked results are a major concern.

The WWE is doing all it can to convince sports regulators that match results will not be leaked. The success of Academy Award betting in some US states will be instrumental to their arguments. The states that are most likely to lead the way in allowing WWE betting are Colorado, Indiana, and Michigan. These states are among those that have made betting on the Academy Awards legal. Perhaps, WWE betting will be legalised in some US states within the next year or two.

For now, betting on WWE can be done through offshore sportsbook operators. There are several top options.

What are the Common WWE Bet Types?

There are three common WWE betting markets. They are discussed, alongside how the odds work, below:

Moneyline Bets

WWE moneyline bets involve wagering on the winner of a match. Moneyline odds are sometimes referred to as victory odds. These odds are presented as positive and negative numbers.

For example:

Let’s consider the moneyline WWE betting odds for a match between Braun Strowman and Brock Lesnar.

If the WWE odds or line are -500 and +300 for Brock and Braun respectively, it means Brock (with the negative number) is the favourite while Braun (with the positive number) is the underdog. For this WWE line, you will need to bet $500 on Lesnar to win $100. On the other hand, a $100 bet on Strowman will give you a $300 payout ($200 profit).

For matches that are considered ‘too close to call’, negative numbers are often assigned to both wrestlers. The favourite wrestler is the one with a higher negative number. In a case where the wrestlers get positive numbers, the one with the lower positive number is the favourite.

WWE Props

This is a very flexible WWE betting market. It has nothing to do with the eventual outcome of a match, allowing bettors to bet on events during a match. Propositions are a great way to test your knowledge as a wrestling fan. WWE Prop bets offered vary from one sportsbook to another. Most major WWE events have diverse prop bet options, such as the number of times the ‘finisher’ of a wrestler will be performed in a match or the number of title changes that will happen during a WWE event. Royal Rumble is a haven for prop betting options.

Futures

The WWE bet type involves placing wagers on the winner of a future event or the future of a storyline. While this betting market is available for WWE, it is more popular for other wrestling promotions.

WWE Betting Tips and Strategies

Recording consistent bet wins as a WWE bettor requires having a strategy about how you place wagers, including how much you spend on each bet and the frequency of bets. A successful sports betting experience generally involves being strategic. The following excellent tips and strategies will increase your chances of winning money through WWE betting.

Know the Game

A lot of casuals, who have little understanding of pro wrestling, place bets for fun. A few of them may win, but this isn’t a sustainable way of making money through WWE betting. You must first have a good understanding of how pro wrestling works, as well as the WWE betting markets. This includes being familiar with the language. WWE lingos include:

  • Babyface: this wrestler is scripted to be the good guy, enduring them to fans.
  • Heel: this wrestler is hated by most fans, as they are scripted to be the bad guy.
  • Clean finish: no cheating or interference is involved in such a match.
  • Dirty finish: this wrestling match involves cheating or outside interference.

Read the Dirt Sheets

Storylines are the life of WWE, hence following them will enhance your chances of winning WWE bets. Dirt sheets often provide useful insights into the direction of storylines, as well as the state of wrestlers. It is imperative to state that not everything on dirt sheets will be true, but you will definitely get a better understanding of what’s happening behind the scenes.

Think Like the Scriptwriters

If you have followed WWE long enough, or you have a good understanding of how it works, you can predict the path of a story. For instance, a champion looking to secure an unprecedented title reign will most likely win.

Manage Bankroll Effectively

Responsible gambling is deeply connected to effective bankroll management. This ultimately determines whether you will be successful in WWE betting or not. Firstly, ensure your bankroll is what you can afford to lose. So, you cannot borrow to bet on WWE on any sports. Secondly, only a tiny percentage of your bankroll should be spent on each bet.

Select the Right Bookmaker

Your WWE betting experience is largely dependent on the bookmaker you choose. With the numerous options available, it is vital to carefully select the one most suitable for what you want. The best WWE betting sites have the following:

  • Competitive odds: check the WWE odds offered by multiple sportsbooks and choose the most favourable option, to increase your profitability.
  • Sign-up bonus: bookies offer users a wide range of bonuses and promos. Some offer up to $2500 as a sign-up bonus. Consider the terms and conditions to ensure a sign-up bonus or promotion is really the best.
  • User-friendly interface: the top bookmakers have a clean interface to allow users to navigate easily. These betting sites work perfectly on different devices, including desktops and mobile devices.
  • Multiple payment methods and quick withdrawal
  • Excellent 24/7 customer support: ensure the bookmaker you choose has round-the-clock, excellent customer support, with numerous ways of contacting them.

What are the top WWE events?

The top WWE events you can bet on include WrestleMania, Royal Rumble, Crown Jewel, SummerSlam, Money In The Bank, Clash of Champions, and Survivor Series.

What other wrestling promotions can you bet on?

 While WWE is the biggest and most popular wrestling option to bet on, Impact Wrestling, All Elite Wrestling (AEW) and New Japan Pro Wrestling (NJPW) are other top wrestling promotions to bet on.

 

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