Luck
Be A Lady Tonight
Luck, let a gentleman
see
How nice a dame you can be
I know the way you've treated other guys you've been with
Luck, be a lady with me
Betting on WWE matches?
Really? Really?
World Wrestling Entertainment , “WWE is in talks with state gambling regulators to legalize
betting on high-profile matches, according to people familiar with the matter.
WWE is working with the accounting
firm EY to secure scripted match results in hopes it will convince regulators
there’s no chance of results leaking to the public, said the people, who asked
not to be named because the discussions are private. Accounting firms PwC and
EY, also known as Ernst & Young, have historically worked with award shows,
including the Academy Awards and the Emmys, to keep results a secret.”https://www.cnbc.com/2023/03/08/wwe-betting-scripted-match-results.html
Betting is on random events. The outcome of random events is…doh….random,
in other words the outcome is not known to
anyone but the Absolute in advance. In the
case of sporting contests, the outcome of the event can be influenced. That those outcomes can be influenced has
been demonstrated numerous times, e.g. the
1919 baseball World Series Black Sox scandal or the numerous point shaving
scandals in basketball such as
the CCNY point-shaving scandal in 1950–51; the
Dixie Classic scandal of 1961; the Boston College basketball point-shaving
scandal of 1978–79, which was perpetrated by gangsters Henry Hill and Jimmy
Burke; and the Tulane men's basketball point-shaving scandal of 1984–85, which
led the university to disband its program for four seasons.
On 15 August 2007, NBA referee Tim
Donaghy pleaded guilty to two felonies related to wagering on games that he
officiated in a scheme somewhat related to point shaving. The difference in this
case was that Donaghy sought to affect the outcome of over-under bets by
changing calls so that both teams would score more than predicted, thus seeking
to give the impression that at worst that he was merely strictly calling fouls
as opposed to being outright biased. https://en.wikipedia.org/wiki/Point_shaving
And for those of you who are not sports
fans, see Funny Girl which documents Fanny Brice’s romance with Nicky Arnstein.
“Nicky" was short for nickel plate, a sobriquet bestowed in the 1890s when, as a boy,
Arnstein rode a gleaming nickel-plated bicycle in the then-popular bike racing
craze. However, he spent more time throwing races than winning them. He
graduated to gambling on transatlantic liners and in European casinos, and
eventually fell in with Arnold Rothstein, a loan shark, bookmaker, fence, Wall
Street swindler, real estate speculator, and labor racketeer, who was best known
for fixing the 1919 World Series.
In 1915, Arnstein was convicted of
swindling, and the following year he entered Sing Sing to serve out his term.
Fanny Brice visited him every week while he was there, and in 1918 Arnstein's
wife Carrie sued her for alienation of his affection. She subsequently divorced
him, leaving him free to marry Brice in October of that year. https://en.wikipedia.org/wiki/Nicky_Arnstein.
The outcome of the Academy Awards and
Emmys are votes that are announced at a ceremony. It may be fancier than the
ceremony on the Federal Election Day and there is also controversy
about the candidates, the voters, and the votes, but the accounting firm only tabulates and ensures
the secrecy of the ballots. By contrast,
the winner of a WWE match is known, maybe not by the wrestlers until 30 minutes
before the event, but by someone. If betting
is allowed on WWE matches, why not let betting before the staging of every scripted
event. I’ve got five bucks that says in the play Peter Pan, Tinker
Bell lives, any takers? 😉 Spoilers are so passé anyway. I guess there is no such
thing as luck, if your name is Vince McMahon, Mark Burnett, or Donald Trump. I guess then there is no such thing as insider trading either!