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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beast (20-Nov) : We brought in a former Packers OL coach to help evaluate OL as a scout
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beast (20-Nov) : More knowledge, just like bring in the Jets head coach
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beast (19-Nov) : I wonder if the Packers might to try to bring Douglas in through Milt Hendrickson/Ravens connections
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packerfanoutwest (19-Nov) : the total and percentage are the same as the previous weeks
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Zero2Cool (19-Nov) : I don't follow what you are saying. The totals are not the same as last week.
packerfanoutwest (19-Nov) : ok so then wht are the totals the same as last week?
Zero2Cool (19-Nov) : NFL Pick'em is auto updated when NFL Scores tab is clicked
Martha Careful (19-Nov) : The offense was OK. Let's not forget the Bear defense is very very good.
packerfanoutwest (19-Nov) : Who updates the leaderboard on NFLPickem?
beast (19-Nov) : Has the Packers offense been worse since the former Jets coach joined the Packers?
Zero2Cool (19-Nov) : Offense gets his ass in gear, this could be good.
Zero2Cool (19-Nov) : Backup QB helped with three wins. Special Teams contributed to three wins.
bboystyle (18-Nov) : Lions played outside thats why. They scored 16 and 17 in the only 2 outside games this year
Zero2Cool (18-Nov) : The rest of the NFL is catching up to Packers ... kicking is an issue throughout league
packerfanoutwest (18-Nov) : Packers DL Kenny Clark: We knew 'we were going to block' Bears' game-winning field goal attempt
Zero2Cool (18-Nov) : Lions seem to be throttling everyone, but only (only) got 24 lol maybe the rain is why
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beast (18-Nov) : Dennis Green "They are what we thought they were, and we let them off the hook!"
Martha Careful (17-Nov) : comment of the day Z2Cool "Bears better than we want to admit. Packers worse than we think. It's facts."
Mucky Tundra (17-Nov) : my worst case scenario: Bears fix their oline and get a coach like Johnson from the Lions and his scheme
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buckeyepackfan (17-Nov) : Pretty sure they already have scouting reports on guys who aren't even starting for their college team. The future is now for me.
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beast (17-Nov) : That's great news and Packers need to keep upgrading their OL, DL and DBs this off-season, so missing one guy doesn't kill them
beast (17-Nov) : That's great news and Packers need to keep upgrading their OL, DL and DBs this off-season, so missing one guy doesn't kill them
buckeyepackfan (17-Nov) : Jaire and Evans Williams are both ACTIVE! Good news.
Martha Careful (17-Nov) : The badgers really need to change the whole offensive scheme. No draws no screens plus the quarterback is marginal
Cheesey (17-Nov) : If the Badgers had a decent QB, they would have won. The guy can't hit a wide open receiver
Martha Careful (17-Nov) : chop block
Martha Careful (17-Nov) : there was a very questionable job Block call that upon viewing replay was very borderline
beast (17-Nov) : How so? (I didn't watch)
Zero2Cool (17-Nov) : Badgers got hosed vs Oregon
packerfanoutwest (16-Nov) : damn,he hasn't played since week 2
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