It has not been many years since bookmakers started inviting gamblers on wrestling shows and this involvement of the bettors on professional wrestling has become the talk of the town lately. Gambling on the live matches created a huge fuss and especially when the opponents question the authenticity of staking on the games which have predetermined results. The detractors even said that there wasn’t any point on betting something which has nothing to do with the real talent of the participants and believed that all this is simply a maneuver of bookmakers to fetch significant money from wrestling enthusiasts. So is pro wrestling an untapped betting market for all the fans out there? Let’s find out.
3 Reasons Why Professional Wrestling is an Untapped Market for Show makers
Recently, most of the sportsbook is allowing bets only on the WWE matches. World Wrestling Entertainment is undoubtedly known as the biggest professional wrestling platforms across the globe, with the show being aired in more than 150 countries and gaining huge popularity with 36 million viewers. Now that bettors are allowed to place their bets on their favorite wrestler, there still are some ways which can let the show makers tap into the wrestling market realm. Let’s have a look:
Remove the limitations: If you’re already a WWE bettor, you would not be surprised to know that though the company enables wrestling fans to place their bets through New no deposit casino UK and other sportsbooks, there still comes certain limitations implemented on bet amount and some events. Yes, that’s true! In fact, a majority of the sportsbook allow bettors to place a bet up to $50. What’s more? Gamblers can bet only on a selected number of events such as Royal Rumble, SummerSlam, WrestleMania, and Survivor Series.
Indeed, the company could earn a maximum profit by revoking such limitations and expanding the event options to bet upon.
Offer Live betting option: Usually, most of the sportsbook announce the WWE betting lines just a week or some days before the PPV event goes live. Though it might not be an issue for the gamblers who have been betting on the wrestlers for a long time, imagine how much excitement it could be if the betting goes live. In fact, this trick can turn out to be more profitable for the show makers than the gamblers. Wondering how? As users would get less time to go through the live ‘dirt sheets’, the company can get the maximum benefit from it.
Allow future bets: Currently, show makers don’t allow professional wrestling future bets. Perhaps, the WWE is an industry where decisions change at the drop of a hat. Whilst only a few selective people are aware of the final outcome, the chances of results getting leaked to the public are quite high. This what makes the company alter their plans frequently. However, if bookmakers consistently allow future bets, it could benefit them the most. After all, who would not want to stake upon which NFL team Kirik Cousins are going to sign this time?