Oddsmakers have slashed CM Punk’s price to win this weekend’s highly anticipated Royal Rumble.
Over the past week, CM Punk’s price to win the iconic match has been cut from 5/1 to as short as 6/4, translating to an increase in implied probability from 17% to 40%.
He can be backed at a best price of 2/1 with Unibet.
The percentage of bettors backing CM Punk on the oddschecker platform has also risen sharply, climbing from 13% to 27% this week alone.
John Cena remains the betting favourite to win the Royal Rumble, but his position has weakened over the past seven days.
Cena’s odds have gone from 8/11 to 11/10, with his probability of victory dipping from 58% to 48%.
Other wrestlers near the top of the betting include Roman Reigns (4/1) and Seth Rollins (5/1).
Among them, Rollins has proven the more popular choice with oddschecker users, taking 7% of total bets this week.
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Royal Rumble Winner Odds
| Royal Rumble Winner | UK Odds | US Odds | Implied Probability |
|---|---|---|---|
| John Cena | 11/10 | +110 | 47.6% |
| CM Punk | 6/4 | +150 | 40% |
| Roman Reigns | 4/1 | +400 | 20% |
| Seth Rollins | 5/1 | +500 | 16.7% |
| The Rock | 18/1 | +1800 | 5.3% |
| Logan Paul | 20/1 | +2000 | 4.8% |
| Drew McIntyre | 25/1 | +2500 | 3.8% |
| Randy Orton | 25/1 | +2500 | 3.8% |
| Jey Uso | 33/1 | +3300 | 2.9% |
| Brock Lesnar | 40/1 | +4000 | 2.4% |
Quote from Oddschecker’s Leon Blackman: “The betting markets have swung overnight on Monday with John Cena’s position as the favourite for the Royal Rumble weakening. His odds have drifted from 8/11 to 11/10 over the past couple of days as the interest in another wrestler intensifies. CM Punk, has seen his odds drastically cut over the past week, going from 5/1 to 6/4 to win the iconic match up. It will be interesting to follow this market through the week to see if bettors continue to side away from Cena winning the bout.”
