WWE Insider Makes A Killing By Betting on SummerSlam Outcomes

Steve Carrier 1 min read
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Dave Meltzer reported in the latest issue of the Wrestling Observer Newsletter that an “insider” who knew all the finishes to all the matches at SummerSlam made a killing betting on match outcomes.

The individual reportedly did a $3.36 parlay on ten matches – all in which he got correct. He ended up banking $45,600. The reason this worked out was that the gambling sites didn’t adjust the lines due to the lack of “smart money” bets and none of the finishes were changed at last minute by Vince McMahon.

There has been talk within the betting industry that gambling sites are considering dropping WWE out of their betting lineup due to insiders capitalizing and making a lot of money.

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Steve Carrier

Steve Carrier

Steve Carrier is the founder of Ringside News and has been reporting on pro wrestling since 1997. His stories have been featured on TMZ, Forbes, Bleacher Report, and more.