One person made some serious bank off of betting on WWE SummerSlam, which may have ruined gambling on pro wrestling for everyone. Dave Meltzer noted in the latest Wrestling Observer Newsletter that somebody who gets the WWE finishes made a killing at SummerSlam, so gambling sites are considering dropping WWE.
Meltzer wrote that there wasn’t enough smart money in time for betting sites to adjust the line. Here is an excerpt:
“He did a $3.36 parlay on ten matches, all of which he got right, and won $45,600,” Meltzer wrote. “That was a key thing where I mentioned after the show that a lot of the gambling sites were considering dropping WWE because insiders that knew could make a lot of money and that level money was ridiculous. The company that got hammered hasn’t done parlays in a long time, and won’t be doing them again.”
