Tuesday, 13 August 2013

CM Punk Now Positioned As Underdogs In SummerSlam Betting

I've been tracking the betting patterns on the SummerSlam matches listed on the 5Dimes Sportsbook and, of the six currently available to bet on, the bout between CM Punk and Brock Lesnar has had the most odds shifts. Today saw another interesting change, especially after the angle on WWE Raw which saw Punk get the upperhand over his rival.

Odds in European format
As of this morning, Brock Lesnar is now the favourite in the betting.  He had been priced as high as +250 (3.50 EU) when the market first opened. Then, on August 2nd, he and Punk were both set at -120 (1.83 EU) before they both spread back out to where they had been positioned originally.

As the graph above shows, Lesnar has now become the favourite for the first time since the market was opened. His price of -145 (1.70 EU) is a significant difference to the +190 (2.90 EU) he was before the go-home angle on Raw last night.

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