Only a few festivals on offer: why bookmakers prefer to stay away from wrestling

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Ice hockey, volleyball, boxing, American football, tennis… The list of sports you can bet your money on in Switzerland is long. But neither Sporttip from Swisslos nor Jouez Sport from Loterie Romande, the only two legal betting providers in Switzerland, allow a wrestling fan to bet their money on the bad guys.

Swinging is more popular than ever. Kings are coveted advertising faces for national companies, sponsorship money flows in streams. Getting tickets to prestigious wrestling festivals such as the Brünig or the Unspunnen-Schwinget is almost impossible. So why haven’t bookies jumped on this bandwagon yet?

The quote is incorrect

The catch is in the sport itself, those responsible at Swisslos explain. The effort to make betting possible at a wrestling festival is enormous. Unlike a tennis tournament, for example, a wrestling festival is one after the other. The pairings for subsequent courses are made somewhere in a back room by the judging committee. Betting organizers, meanwhile, are groping in the dark.

It only happens very occasionally that Swisslos lets the gamblers loose on the wrestlers. For example, at last year’s federal event it was possible to bet on the festival winner. However, most wrestling fans probably preferred to bet on Kafi Lutz’s next round instead of betting their money on the next King online. The bet at the ESAF was only 200,000 francs, although almost a million viewers watched the spectacle on TV or live on site.

There are still exceptions

More than 80 percent of the money went back to the players as profit. From the remaining CHF 35,000, Swisslos still has to deduct the costs for manually creating and updating the quotes. The bottom line is that there isn’t much left. In contrast, there is a bet of almost half a million Swiss francs in the first leg of the Champions League between Real Madrid and Manchester City last May. With such posters, the quotas are also ready-made by a supplier, the effort for Swisslos is minimal, but the profit is all the greater.

As long as the effort for the betting shops at wrestling festivals does not diminish, they will stay away from the sawdust. With a few exceptions. As a fan service, a bet on the festival winner is also possible on the Unspunnen-Schwinget this year.

Source : Blick