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beast
  • beast
  • Select Member Topic Starter
a year ago
According to this article, WWE is working State Game Commissions to legalize betting on WWE results. 

WWE is in talks with state gambling regulators to legalize betting on high-profile matches, according to people familiar with the matter. WWE is working with the accounting firm EY to secure scripted match results in hopes it will convince regulators there's no chance of results leaking to the public, said the people, who asked not to be named because the discussions are private. Accounting firms PwC and EY, also known as Ernst & Young, have historically worked with award shows, including the Academy Awards and the Emmys, to keep results a secret
Betting on the Academy Awards is already legal and available through some sports betting applications, including market leaders FanDuel and DraftKings, although most states don't allow it. WWE executives have cited Oscars betting as a template to convince regulators gambling on scripted matches is safe, the people said. Still, while Academy Awards voting results are known by a select few before they're announced publicly, they aren't scripted by writers. Even if regulators allow gambling, betting companies would have to decide if they're willing to place odds on WWE matches even if it's legalized. Those discussions have yet to occur at betting firms, according to people familiar with the matter. A WWE spokesperson declined to comment. A spokesperson for EY couldn't immediately be reached for comment. WWE is targeting Michigan, Colorado and Indiana as potential states to pursue legalization, two of the people said.




This just seems like an absolutely horrible idea... even if you keep the results under lock and key, the results known hours before hand by the wrestlers whom have to set up a finish and wrestlers are known to have money and drug issues (though less so in recent years).

Not only that, but wrestling is best when telling a story and because of that story, results have been half way predictable. So either the odd would be quite low, or you'll have mess with the stories, which might worsen the product.

Academy Awards, there is no story, it's simple whom won (or whom bought the judges with gifts, as that is something that happens in some award shows, I don't know specifically the Academy or not).
​​​​​
 
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Zero2Cool
a year ago
Absolutely impossible. There's just no way a betting establishment would want this. How can you know the script and then set spreads? 
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beast
  • beast
  • Select Member Topic Starter
a year ago

Absolutely impossible. There's just no way a betting establishment would want this. How can you know the script and then set spreads? 

Originally Posted by: Zero2Cool 


MY guess is in theory, only a limited number of WWE employees and their independent contractors (ie the wrestlers) would know the script (and based on the article, the wrestlers would only know the results hours ahead of time).

Meanwhile the Betting places would not know the script and would set the betting lines.

I think it could work, I just think it's an absolute horrible idea... as I think they'll be more likely to have people try to cheat the system as results will in theory be known by a few and wrestling can have people mentally struggling and stay in the game a lot time, where in professional sports the competitive nature usually takes out those that are mentally struggling.

Also if you get thrown out of your major sport league, there usually isn't a decent second option.

In theory with wrestling there are other major pro wrestling companies (that don't quite pay as well, but I don't think they're nearly as far behind as the backup to NFL, NBA etc leagues).

So they could just go to AEW or New Japan... if kicked out of the WWE.

And I believe UFC just had a scandal where one of the coaches, or guys in a coaching corner was putting some big bets on fights.

 
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beast
  • beast
  • Select Member Topic Starter
a year ago

Absolutely impossible. There's just no way a betting establishment would want this. How can you know the script and then set spreads? 

Originally Posted by: Zero2Cool 



And that seems to be the reaction from the betting world. 'NFW!' say gaming operators and regulators 

I felt like the award shows being allowed to be betted on in some locations was their best argument for it and this counters that

FanDuel , owned by Flutter Entertainment, says permitting betting on the Academy Awards, once a year, is completely different to contemplating the enormity of weekly scripted programming, at least twice a week from the WWE



I wonder if they would of been much better if they said just WrestleMania night and only WrestleMania 
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bboystyle
a year ago
would of made a killing betting on the Undertaker during his 20+ years undefeated at wrestle mania.
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Zero2Cool (19m) : I guess 3 games. Whatever
Zero2Cool (33m) : Bleh, that only impacts two games.
Zero2Cool (40m) : Packers are gonna get 3rd place division schedule next year.
Mucky Tundra (1h) : Kanata, seek help! lol
beast (3h) : I was rooting for the Bears to win and hurt their draft pick status
Zero2Cool (3h) : Forgot there was even a game last night haha
TheKanataThrilla (4h) : That was terrible.
TheKanataThrilla (4h) : Watching that game in its entirety yesterday is proof positive that I am a football addict.
beast (4h) : And horrible time management multiple times... and not being able to score more than 3 points on a team with talent
beast (4h) : Realizing the Bears didn't fix it from the previous week and do the same thing, getting the game to overtime
beast (4h) : They probably are not tanking, but they've absolutely mismanagement some things, such as Vikings seeing the Packers blocked FG and realizing
Zero2Cool (5h) : Crazy of Bears to have that mindset that is
Zero2Cool (5h) : Hail Mary stop away from 5 - 2. Not sure how that flips to tanking. Crazy mindset if true
beast (6h) : I've quietly questioned if Bears are tanking on purpose... they suddenly got a lot worse with some simple concepts like 101 clock management
wpr (8h) : Watching bares fans melt down over how putrid their team is, so enjoyable. It's the gift that keeps on giving.
Mucky Tundra (15h) : The Seattle Seahawks defeat the Chicago Bears 6-3. Jason Myers had 6 RBIs for Seattle while Cairo Santos had 3 RBI for Chicago
beast (16h) : Not nessarily, he might of been injured either way. He's playing about 50% of the games the last 4 years
Zero2Cool (22h) : If they'd been more patient with him, he'd be back already. Putting him out there vs Bears caused him to tweak it and here we are.
packerfanoutwest (23h) : well this is his last season with the PAck, book it
beast (26-Dec) : Sounds like no Alexander (again), I'm wondering if his time with the Packers is done
Zero2Cool (26-Dec) : Could ban beast and I still don't think anyone catches him.
Mucky Tundra (26-Dec) : Houston getting dog walked by Baltimore
packerfanoutwest (25-Dec) : Feliz Navidad!
Zero2Cool (25-Dec) : Merry Christmas!
beast (25-Dec) : Merry Christmas 🎄🎁
beast (24-Dec) : Sounds like no serious injuries from the Saints game and Jacobs and Watson should play in the Vikings game
packerfanoutwest (24-Dec) : both games Watson missed, Packers won
Martha Careful (24-Dec) : I hope all of you have a Merry Christmas!
Mucky Tundra (24-Dec) : Oh I know about Jacobs, I just couldn't pass up an opportunity to mimic Zero lol
buckeyepackfan (24-Dec) : Jacobs was just sat down, Watson re-injured that knee that kept him out 1 game earlier
buckeyepackfan (24-Dec) : I needed .14 that's. .14 points for the whole 4th quarter to win and go to the SB. Lol
Mucky Tundra (24-Dec) : Jacobs gonna be OK???
Zero2Cool (24-Dec) : Watson gonna be OK???
packerfanoutwest (24-Dec) : Inactives tonight for the Pack: Alexander- knee Bullard - ankle Williams - quad Walker -ankle Monk Heath
packerfanoutwest (24-Dec) : No Jaire, but hopefully the front 7 destroys the line of scrimmage & forces Rattler into a few passes to McKinney.
packerfanoutwest (24-Dec) : minny could be #1 seed and the Lions #5 seed
Zero2Cool (23-Dec) : We'd have same Division and Conference records. Strength of schedule we edge them
Zero2Cool (23-Dec) : I just checked. What tie breaker?
bboystyle (23-Dec) : yes its possible but unlikely. If we do get the 5th, we face the NFCS winner
Zero2Cool (23-Dec) : Ahh, ok.
bboystyle (23-Dec) : yes due to tie breaker
Zero2Cool (23-Dec) : I mean, unlikely, yes, but mathematically, 5th is possible by what I'm reading.
Zero2Cool (23-Dec) : If Vikings lose out, Packers win out, Packers get 5th, right?
bboystyle (23-Dec) : Minny isnt going to lose out so 5th seed is out of the equation. We are playing for the 6th or 7th seed which makes no difference
Mucky Tundra (23-Dec) : beast, the ad revenue goes to the broadcast company but they gotta pay to air the game on their channel/network
beast (23-Dec) : If we win tonight the game is still relative in terms of 5th, 6th or 7th seed... win and it's 5th or 6th, lose and it's 6th or 7th
beast (23-Dec) : Mucky, I thought the ad revenue went to the broadcasting companies or the NFL, at least not directly
Zero2Cool (23-Dec) : I think the revenue share is moot, isn't it? That's the CBA an Salary Cap handling that.
bboystyle (23-Dec) : i mean game becomes irrelevant if we win tonight. Just a game where we are trying to play spoilers to Vikings chance at the #1 seed
Mucky Tundra (23-Dec) : beast, I would guess ad revenue from more eyes watching tv
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