After listening to the question and subsequent discussion about betting on wrestling events, I thought I’d explain my reasons why I like to do so.
First of all, gambling on anything should be for fun, if someone has a gambling problem, they should not be betting on anything. The fact there’s a wrestling market does not help nor hinder this fact.
Secondly, here in the uk, the wrestling market is usually found in the novelty bets categort. It’s there for fun.
And thirdly, it really is a lot of fun. As “smart fans” the result of a match really doesn’t matter, but when you have a vested interest in who wins and who loses, staged in the colourful dramatic world of pro wrestling. It becomes the most exciting event. I’ve found myself jumping around the living room at 2am on a Monday morning cheering on Zack ryder in a meaningless ppv match. It gives me back the rush of excitement I had as a child when I was cheering on wrestlers simply because I wanted them to win.
The royal rumble in particular, is a very exciting market to take part in, picking a number for instance, then the favourite comes out at that number is a mark out loud moment, but then the nerves and excitement of every spot they are involved in becomes enjoyable.
Lastly, I’d disagree that there is no element of skill involved. You have to be aware of how often and how quickly things can change, so it gives opportunities to see what underdogs are worth taking a punt on. You also have to be aware that the matches and placement of matches have a knock on effect, so for instance if it’s looking like a heel heavy show, it’s worth picking 1or2 midcard babyfaces on the show.
Whether I win or lose, I pay for the experience this gives me, and am happy to do so. Before the network, I was happy to pay for most ppvs, now I still pay, may get some of the money back, or more, and I enjoy the experience a lot more than I would otherwise.