A Look At 5Dimes' Previous Rumble Winner Odds

It has been a number of weeks since the traders at 5Dimes.com published a prop market where customers can wager on whether the 2016 Royal Rumble winner is a first time victor or not. In this post, I'll look at the current price to see where the clients have been wagering.

The market first opened on December 28th with the option to bet on a first time winner being set at +400. Within a couple of hours, the price had dropped to +350 while the 'Previous Winner' option was being offered at -530.

The market had more or less stayed in that zone until recently. 

With all signs pointing to three possible winners in Roman Reigns, Brock Lesnar and Triple H the selection that has been backed is the one where bettors can punt on the 2016 prizewinner having won the battle royal in previous years.

Click image to expand

All three of the bookmakers' likely winners have been there before. Roman Reigns was last year's final man, Brock Lesnar was victorious in 2003 and Triple H did so a year before that.

The odds shortening to -1,050 makes sense considering the trio that are at the top of every company's board.

I would not be surprised to see these odds shorten more as we head closer to the show. Unless, of course, a new contender comes into play.

Odds correct as of 6pm GMT. For the latest, check out the Live Lines at 5Dimes.com.