As many of you are aware, I set up WWELeaks.org two years ago. My main intention was to dispute the fact that someone within WWE was leaking information to Dolphins1925 and he or she was simply looking at the late betting swings to reveal their 'spoilers'. The trick has always been to see how the betting moves in the two hour period before the start of a PPV.
Granted, this method hasn't been as spot-on lately as the money has been coming in late. Also, there has been occasions where a selection hasn't covered.
This past weekend was peculiar as all the main card favourites became outsiders and vice versa. When I noticed the odds shifts, I was almost certain that we were in for some interesting results.
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If you're searching for definitive proof either way, I cannot guarantee you'll find it here. What I will do is throw out some arguments for and against the possibility that the swings had anything to do with inside action.
The Timing
As noted, the timing followed the trend where smart money begins to filter in a couple of hours before a PPV. However, the money had been coming in later than this recently.
Dogs to Favourites & Vice Versa
This one is interesting as it could be argued the changes had nothing to do with smart money, but more to do with bettors taking the odds (betting blindly on every underdog on the board).
The Main Event Odds
If the insiders knew the main event would end in a no contest, why did they bet on Seth Rollins winning? They would have known that Undertaker was going to be involved. If there was going to be a winner, the option to bet on should have been a Brock Lesnar win by disqualification.
Insiders' Subterfuge
This is going further into conspiracy theory territory, but it is an idea that I think should be brought up.
What if the insiders bet on one selection to move the odds so they could come back later and take the actual winners at plus odds? They know that, as soon as their bets are placed, people will start jumping on the favourites. This will make the outsiders' odds more enticing, so they can come back in, place their stakes on the actual victor and come out with a good return from their investments.
Yes, it's a bit out there but is worth consideration.
Why No Odds In The High Thousands?
I don't blame you if you looked at Battleground's closing odds and decided smart money didn't come in because the prices didn't look as strong in contrast to previous PPVs where favourites' odds went far into the thousands.
It's worth noting that the sportsbook had Battleground odds out for twenty-five days. This gave the firm almost a month to get enough action on either side so it could hang out more attractive odds in the latter stages of betting.
As an example, Fast Lane had 4 days of coverage and most of the favourites there were available at -11,000 by the time the markets closed.
Remember, sportsbooks have to balance pricing so as to get people betting on both sides of a market. The odds for some of the matches were going back-and-forth for weeks, so there it is reasonable to suggest that the company was comfortable with the lines it was putting out late on Sunday.
Were The Finishes Changed Last Minute?
Here's another one that is brought up whenever a dog doesn't cover. Late changes have occurred in the past, and it could be argued that the New Day's loss was changed on the fly.
It's difficult to make a similar case for Bray Wyatt's win over Roman Reigns cannot be made as the general idea going around on Sunday was the match would be used as a set-up for Sting's involvement at SummerSlam. This is, of course, if the original plan was for Reigns to win the match and for there to be an attack by Luke Harper and Wyatt after the bell.
The Insiders Picked Their Spots
It's also possible that the insiders picked their spots and didn't bet on every match on the board. All it needs is one of the markets to change for regular punters to think the entire board has changed causing them to start backing favourites for the lines to get muddied. This has been something I have warned about in the past.
The criticism against this notion is that I can't prove otherwise this month because the swings weren't big enough to distinguish them from other bouts on the board.
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It isn't concrete proof for either side, but I hope what I've listed above is food for thought.
All the main card favourites and underdogs switching roles in one fell swoop was incredible and I don't think we'll see something like that in the near future. If it were to occur again, I have last weekend's results to remind me.
In my next post, I'll take a look through the Battleground 2015 prop bets and look at what the winning picks were.
Hi David, this is a very insightful piece but you have failed to realize the insignificant amounts of money people can get on, and an underdogs price will never go unnoticed to a sportsbook. Sports like soccer, basketball and tennis will always generate huge sums of turnover for the company and then "obscure sports" like wrestling, poker, fishing and others in this minority field of select audiences are there for just that, the MINORITY. Professional gamblers would never put money on these things as the raw data is just not there to solidify the just cause of the risk. For example a pro can bet on say the Patriots to win the Superbowl pre-season with a definitive price based of real analytical statistics from years of accumulating facts. These obscure sports have no weight to carry over into the world of a pro gambler as the inconsistencies are just so big the risk would out-weigh the justified intentions of betting on any selection. These markets are there for "fun" something to hold onto whilst watching you're favorite wrestler/character to their thing. The reason for the price moves is not money coming in, at least not always, its word of mouth through social media that has it flip-flopping like crazy. There are only a select few who know the real outcome of these matches and if word got out that these privilaged folks were betting or telling someone to bet don't you think the whole world would just stop taking bets? So to conclude i would guarantee that there is no sportsbook out there that would let anyone have the kind of money you would need to shift the price of an entire market, you would need hundreds and sometimes thousands to do that and in my experiences you can normally only get 20-50 dollars on at a time.
ReplyDeleteFirstly, thanks for taking the time to comment.
DeleteI know fully well how novelty markets work. Like you stated, for wrestling fans they exist for something to hold while watching the events unfold. For the sportsbook, it exists as a way to let a niche market that wouldn't bet on regular sports through its door.
I have never stated that professional gamblers would bet on wrestling.
Agree totally that word of mouth on social media plays a part in odds flip-flopping. However, the majority of the social media talk is based on people/reporters looking at the odds early on a Sunday, drawing conclusions and announcing so-and-so are winning thus causing a ripple effect.
I disagree with the notion that it's a rare occurance when people with knowledge of the finishes place wagers on the results. There is enough evidence on this blog to back me up on this.
By the way, I don't acknowledge the limits placed on these wagers because, in the grand scheme of things, limits don't matter when X amount of clients are putting bets on around the same time, raising a flag and prompting the traders to adjust their odds.
Thanks once again for taking the time to offer your thoughts.
I dont think there is enough evidence to support inside money had been placed and i think that certain ppv recently are being targeted by insiders...e.g the odds for this ppv were all close so what would have the insiders really made but look at the last 2 ppvs. Sheamus won at long odds and so did ryback at long odds and so did big show at wrestlemania but ppvs inbetween there wasnt evidence of smart money being placed as noted on previous blogs. One more thing if people think that they can only make 20-50 dollars then they are way off the mark...maybe in usa bit in uk no!
ReplyDeleteDisco Inferno had people bet on his matches for him
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