Tuesday 17 September 2019

KOTR 2019 Betting: After Week 5

After five weeks of weekly tournament action, the King of the Ring tournament has concluded with Baron Corbin being crowned winner.

Throughout the entire tournament, I've published weekly posts with updates pointing out how certain markets for the tourney ended up being settled and will conclude this coverage in this post.

Before I get to all of the specials that have been settled from Corbin's victory, I can safely say that a market, published by Kambi, in which customers could have bet on the 'Exact Composition of Finalists' will be settled with 'Baron Corbin .vs. Chad Gable' being the winning selection.

The eventual winning selection of 'Corbin .vs. Gable' was not even in the running when the market was initially priced up in late-August. It made its way into contention when the market was readjusted on September 4th and was available at 33/20.

By the morning of Monday September 9th, which was the last day Kambi took bets on it, the selection was cut from the aforementioned 33/20 into 9/10 and stayed at this price right up to later that day when betting was closed before the first semi-final took place on WWE Monday Night Raw.

WWE King of the Ring 2019 Betting: Kambi's Exact Composition Of Finalists Market

Another one of Kambi's markets for the final, which was published on August 28th and was closed on September 9th, was a special that allowed customers to bet on the 'Losing Finalist'.

When it was first installed, 'Chad Gable' was 10/1. However, after winning against Andrade in the quarter finals, his price began to decline and - on the day the market closed - he was an even money favourite to lose the final.

WWE King of the Ring 2019 Betting: Kambi's Losing Finalist Market

As mentioned in a post published last night, Corbin closed as a 4/7 favourite in a match winner market Sky Bet created for the final.

The eventual winner had started out at 4/9, so it would appear that the punters felt that Gable had a chance of winning.

Date/Time
Baron Corbin
Chad Gable
12/9 9:30PM
4/9
13/8
16/9 6:30PM
8/15
11/8
16/9 10:10PM
4/7
5/4

Sky Bet had match markets for the quarter finals and semi finals and also had an outright winner special during the tournament (see links at bottom of this page). The company had the best price out of the three sports betting firms that released an outright winner for the tournament. As you'll see in the table below, Corbin was 16/1 to be crowned king in mid-August.

By last Monday, when the market was last seen, Corbin was the favourite at odds of 6/4.

WWE King of the Ring 2019 Betting: Sky Bet Outright Winner

William Hill also closed its market on Monday September 9th with Corbin a 6/4 favourite. The bookmaker opened its tournament winner special on the same day as Sky Bet, but had the eventual winner at a lower 13/2 than Sky Bet's 16s.

WWE King of the Ring 2019 Betting: William Hill Outright Winner

Kambi - the only other sportsbook that I am aware of that had an outright winner market - opened its book a day after Sky Bet and William Hill and had Corbin at 4/1. The market was taken down yesterday evening with the two finalists being the last selections left in the running.

WWE King of the Ring 2019 Betting: Kambi Outright Winner

Corbin closed as a 13/25 favourite.

As I have covered in all of the other 'KOTR 2019 Betting' posts, Kambi had 'Stage of Elimination' markets in which customers could gamble on where the participants' tournament came to a close.

The special for Baron Corbin was published on August 16th and the options were: 'Quarter Finals or Before', 'Semi-Final or Losing Finalist' or 'Tournament Winner'. The eventual winner was 4/1 and remained at that price when the price for Corbin to have an early exit was cut from 33/20 into 6/5.

WWE King of the Ring 2019 Betting: Kambi's 'Stage Of Elimination' Market For Baron Corbin

Corbin's 'Stage of Elimination' market was last seen on August 26th, which is not something I can say for the one which allowed customers to gamble on Chad Gable's 'Stage of Elimination'.

WWE King of the Ring 2019 Betting: Kambi's 'Stage Of Elimination' Market For Chad Gable

The Gable special was created shortly before WWE announced the tournament bracket on August 16th. All of Kambi's King of the Ring specials were removed shortly after that and were gone until five days later. 

The Gable market did not return along with the others. I surmise this is because - with Gable drawing Shelton Benjamin in 'Round 1' and with the potential of meeting Andrade in the quarter final - the 'Quarter or Semi Final' looked like an obvious exit.

I doubt anybody backed it, but - if they had - the winning selection ended up being 'Reaches Final' and it was 17/1 for the short time the market existed.

There were plenty of other tournament specials from Kambi for the tournament. 

A 'Top Babyface .vs. Top Heels' market gave customers the opportunity to wager on who they thought would win the tournament in groups. 

The selections were split into three categories. 'Top Babyfaces' consisted of Ali, Cedric Alexander, Kevin Owens, Ricochet and The Miz while the 'Top Heels' were Andrade, Baron Corbin, Drew McIntyre, Elias and Samoa Joe. The participants I didn't name, including Chad Gable, all made up the 'Others' grouping.

So, from betting, the winning selection turned out to be the 'Top Heel' group which started out at 1/3 on August 16th, but had declined to 1/10 within ten days.

WWE King of the Ring 2019 Betting: Kambi's First Babyfaces .vs. Heels Market

That wasn't the only 'Babyfaces .vs. Heels' special that was made. 

When the tournament was in progress, a new 'Babyfaces .vs. Heels' special was published. The heel group, consisting of the the baddies left in the tourney - Andrade, Baron Corbin, Elias and Samoa Joe - started out as  2/5 favourites on August 28th but fell to 11/25 in a little over a day. The counter group of babyfaces (Ali, Cedric Alexander, Chad Gable and Ricochet) opened at 7/4.

WWE King of the Ring 2019 Betting: Kambi's Second Babyfaces .vs. Heels Market

The winning group was moved to 11/10 on September 4th and stayed at this price right up to the day the semi-finals began.

Last night's finalists are both from the United States of America, so this means that 'USA' will be the winning selection in a betting market in which clients could have bet on the 'Nationality of Winner'.

In this special, the 'USA' was up against 'Canada' and the 'Rest of the World'.

WWE King of the Ring 2019 Betting: Kambi's Nationality Of Winner Market

The winning selection started out at 11/10 and was adjusted to 8/13 on August 21st after 'Canada' was taken out of the running following Kevin Owens' elimination in the first round. 

'USA' began to drift out as customers sided with the 'Rest of the World' and - by the time the market closed - the selection was up to 5/2.

There was also a 'Brand of Winner' special which allowed customers to gamble on the roster the eventual winner is a member of.

'Raw' opened as a 21/50 favourite and - when it was last made available on September 9th - had ended up at 1/4 following some back-and-forth betting within the near month.

WWE King of the Ring 2019 Betting: Kambi's Brand Of Winner Market

An alphabet market was also created. In it, customers could gamble on the first letter in the name of the winner.

There were three options to chose from. They were 'A-B', 'C-D' and 'E-Z'. 

WWE King of the Ring 2019 Betting: Alphabet Market

The group 'B' was included in started out at 7/5 on August 16th. It was then adjusted to 17/20 on August 21st and declined from there. By the time the market was last available on August 26th, the selection had dropped into 7/10, which made it a closing joint-favourite with the 'C-D' selection.

Finally, there was a special in which customers could bet on the 'Age of Winner'. There were two selections the gamblers could choose from. They were '34 Years or Less' and '35 Years or More'.

As I noted in THIS POST last week, when the two wrestlers qualified for the final, both were thirty-four years old. However, Baron Corbin turned thirty-five last Friday. This, therefore, moved him into representing the '35 Years or More' category, which had started out as a 7/5 underdog on August 16th and had climbed to 15/4 before the market closed on August 26th.

WWE King of the Ring 2019 Betting: Kambi's Age of Winner Market

I hope you enjoyed this weekly look at the King of the Ring betting coverage. Here are the links for the other parts in the series.




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