Sports betting and wrestling have one common characteristic, their ever growing popularity.
Whether collegiate or professional, betting on wrestling is booming like it never has before.
This is due in part to the surge in sports betting as a whole. Over half of the states in the U.S. have legalized sports betting in some capacity, with others drafting up their own legislation to match. One recent poll conducted by Morning Consult found that 12% of American adults regularly gamble on sports, a significant increase in the last several years.
The other half of the equation is the sport itself, with millions of viewers tuning in to a variety of different professional and collegiate events. From WWE news to the dominant Rutgers University Wrestling program, the sport offers a great deal of variety and excitement, with an increase of people looking to cash out on such.
Popular sports betting sites that offer wrestling
The biggest names in sports betting have wrestling as a part of their larger portfolio. Here are a few different platforms that players can choose from.
● DraftKings
● PointsBet
● Bet365
● BetRivers
● FanDuel
Each site on this list offers users different promotional incentives. DraftKings in particular is in partnership with the WWE. Sites like usasportsbetting.com tend to list on each site’s main page to see what they have running for a particular event.
What types of wrestling bets are there?
While there are some similarities in types of bets compared to other sports, there are some
different options to choose from because of the nature of wrestling itself. Here are some types of wrestling bets users can choose from.
● Match winner – similar to a money line bet on an NFL football game, players choose
which fighter they think will win the wrestling match.
● Over/Under bets – bets in which players predict whether a wrestling match will last longer
or shorter than a specific amount of time.
● Proposition (Prop) bets – bets that are placed on specific moments or occurrences within
a game or match.
● Futures bets – bets that are placed on an event that will happen further down the line,
such as a tournament winner, award winner, or odds that a team will make the playoffs.
What sports betting systems can I use for my wrestling bet?
Sports betting systems are used by players in attempts to maximize their profits and gain an edge in a particular match or specific type of wager. Each system listed below has varying chances of success, utilizing various strategies and principles.
The first system is called the Martingale system. The popular method involves doubling a bet after a loss, with the goal of making up lost ground and starting down toward the pathway of profit. Sounds lucrative in theory right? In reality, it is a strategy that is quite risky and requires a great deal of knowledge and caution to execute correctly. It is very easy to fall down the financial rabbit hole if done incorrectly. Responsibility is strongly encouraged.
The Kelly Criterion on the other hand utilizes mathematical calculations and formulas to size up a bet. This is done based on the size of a player’s bankroll and the perceived value of the bet itself. It is a popular choice among many players.
Other methods include the Parlay system, which involves combining multiple bets into one
larger bet, leading to higher payouts but comes with higher stakes and risks, and the Flat
Betting System, which is the practice of placing the same bet size on each bet to minimize
losses and maximize long term profits.
Like any financial investment, the key to successful betting on wrestling is to conduct an ample amount of research and find a sports betting system or strategy that works best for you. It is important to note that this may not be achieved on the first go around, and a responsible approach of trial and error may be necessary in order to achieve one’s desired outcome.
However, the most important aspect when betting on wrestling is to do so with a disciplined approach. Failure to do so can lead to potentially catastrophic financial loss and a whole lot more than just a lost wager.