World Wrestling Entertainment has been entertaining people across the globe for years. However, betting regulators and operators do not want to associate themselves with the organization. So they shut down the possibility of allowing WWE betting.
The WWE wants sportsbooks to allow betting on its scripted matches. According to sportsbook PPH sources, the wrestling organization sees betting to increase fan engagement. However, regulators and sportsbooks are against the idea.
You will not find WWE lines on most existing sportsbook solutions. Maybe some bookies take the risk and offer them. However, you would not see them in legitimate sportsbooks. The Colorado Division of Gaming stated it has not spoken with the WWE about including WWE matches on its approved wager list.
No to WE Betting
You can’t bet on the Oscars in Colorado because “wagers on events with predetermined or predictable results or merely by chance” are prohibited. Seven other states allow for Oscars wagering of any kind. Live betting is illegal and subject to limits in Indiana and New Jersey.
The state gaming control board in Michigan has said that WWE has not submitted a request to provide gambling. A public statement was released encouraging WWE to collaborate with the game sector. It may be a more significant challenge than dealing with the gaming authorities.
FanDuel, which Flutter Entertainment owns, has stated that allowing wagering on the Academy Awards once a year is vastly different than considering the magnitude of scripted material shown at least twice a week by the WWE.
According to casino news reports, professional gamblers doubt that the potential for modest returns justifies the high level of effort and danger involved in betting on staged events.