WWE’s biggest event is quickly approaching with WrestleMania 38 taking place next weekend in a two-night event on April 2-3 at AT&T Stadium in Arlington, Texas. Last year, WrestleMania 37 took place in Tampa at Raymond James Stadium in front of an audience of 25,000.

There will be a couple of the biggest titles on the line in the company’s biggest event of the year. Will any titles change hands or will all the champs remain so come Monday Night Raw? I have a preview and a prediction for each of those fights.

WrestleMania 38 Betting Odds

Taking a quick look at the four major championship bouts, the WrestleMania 38 betting odds have Bianca Belair (-500) as the biggest favorite to maintain the Raw women’s championship over Becky Lynch (+300). This means that you would have to wager $500 to profit $100 with a Belair victory while a $100 bet on Lynch would profit you $300.

See Odds Shark’s Best Betting Sites

Looking at the WrestleMania 38 betting odds, our sports betting calculator tells us that Belair’s -500 betting line represents an implied win probability of 83.33 percent, while Lynch’s +300 odds have an implied win probability of 25.00 percent.

Bianca Belair (C) vs Becky Lynch – WWE Raw Womens Championship

Bianca Belair vs Becky Lynch WWE Raw Women’s Championship
Winner Odds
Bianca Belair -280
Becky Lynch +185

Odds as of April 1 at Bovada

Belair’s path to stardom has been quite fast since winning the Royal Rumble match in 2021 after eliminating Rhea Ripley. It was not soon after at WrestleMania 37 that Belair got her opportunity to win the gold strap as she took on Sasha Banks for the SmackDown women’s championship. Belair got the win and has defended her title multiple times since then but faces a stiff test with Lynch at WrestleMania 38.

Lynch had the SmackDown women’s championship between 2016 and 2018, before eventually coming over to Raw where she was able to secure a Raw women’s championship by defeating Lacey Evans. Lynch has had a tremendous career and should not be counted out in this one. Belair, though, continues to gain popularity and being the biggest favorite in the major title bouts, I think she remains champion.

Prediction: Bianca Belair (-280)

Roman Reigns (C) vs Brock Lesnar – WWE Championship

Roman Reigns vs Brock Lesnar WWE Championship
Winner Odds
Roman Reigns (C) -500
Brock Lesnar +300

Odds as of April 1 at Bovada

It feels like Brock Lesnar has been around forever, and when he is here, he is always competing for a world championship. This Lesnar vs Reigns rivalry dates back to SummerSlam in 2021, where Lesnar confronted Reigns after defeating John Cena. After Lesnar won the Royal Rumble, he was gifted the challenge of facing Reigns for the WWE world championship at WrestleMania 38.

Reigns has been the cream of the crop since entering the WWE and earning the world heavyweight championship back in 2015. It’s been an incredible journey for Reigns, as he is most deserving of the favorite slot in this matchup. Lesnar and Reigns will finally get a chance to put their hands on each other after their matchup on New Year’s Day was cancelled when Reigns tested positive for COVID-19. I think Reigns gets it done in tremendous fashion.

We had Reigns at -340, and the odds have jumped up all the way to -500. It's a steep price so parlaying it with another fight would be recommended.

Prediction: Roman Reigns (-500)

Charlotte Flair (C) vs Ronda Rousey – WWE SmackDown Women’s Championship

Charlotte Flair vs Ronda Rousey WWE SmackDown Women’s Championship
Winner Odds
Ronda Rousey -700
Charlotte Flair +400

Odds as of April 1 at Bovada

It is not often you see the current champ as a 4:1 underdog against the challenger, but Ronda Rousey has that firepower. Ronda has faced the elite of the elite in women’s WWE, earning the Raw women’s title back in 2018-19, where she fended off Nikki Bella, Mickie James, Nia Jax, Natalya and Sasha Banks. 

This will be Rousey and Flair’s second matchup after Rousey was awarded the win in their first matchup via disqualification after Flair attacked her with a metal chair back when Rousey was champ in 2018. Then, we all know what happened at Rousey’s return when she eliminated Flair en route to winning the Royal Rumble and earning a shot at the title.

Rousey is an absolute beast and a fan favorite at that. When a challenger is -700 to beat a champion, the oddsmakers aren’t giving the champ much of a chance. I’ll take Rousey to win the SmackDown strap and make her presence known on the biggest stage that the WWE has to offer.

Prediction: Ronda Rousey (-700)

Rest of WrestleMania 38 Betting Odds

If you’re looking for more action outside of the major championship bouts, don’t worry. With two full nights of action, there are plenty of other matches you can place a wager on; here’s a look at the rest of the WrestleMania 38 betting odds.

The Usos vs Shinsuke Nakamura and rick boogs - WWE SmackDown Tag Team Championship
Winner Odds
The Usos -175
Shinsuke Nakamura and Rick Boogs +135

Odds as of April 1 at Bovada

‘Stone Cold’ Steve Austin vs kevin owens
Winner Odds
‘Stone Cold’ Steve Austin -2000
Kevin Owens +750

Odds as of April 1 at Bovada

Cody Rhodes vs Seth Rollins
Winner Odds
Cody Rhodes -500
Seth Rollins +300

Odds as of April 1 at Bovada

drew McIntyre vs Happy Corbin
Winner Odds
Drew McIntyre -900
Happy Corbin +500

Odds as of April 1 at Bovada

Tag Team Match - Rey Mysterio and Dominik Mysterio vs The Miz and Logan Paul
Winner Odds
Rey Mysterio and Dominik Mysterio -180
The Miz and Logan Paul +140

Odds as of April 1 at Bovada

Johnny Knoxville vs sami zayn
Winner Odds
Johnny Knoxville -500
Sami Zayn +300

Odds as of March 24 at Bovada

edge vs aJ Styles
Winner Odds
Edge -115
AJ Styles -125

Odds as of April 1 at Bovada

pat mcAfee vs Austin Theory
Winner Odds
Pat McAfee -110
Austin Theory -130

Odds as of April 1 at Bovada

WWE Raw Tag Team Championship - RK-Bro vs The Street Profits vs Alpha Academy
Winners Odds
RK-Bro -170
The Street Profits +170
Alpha Academy +450

Odds as of April 1 at Bovada

WWE Women’s Tag Team Championship - Queen Zelina and Carmella vs Sasha Banks and Naomi vs Rhea Ripley and Liv Morgan vs Natalya and Shayna Baszler
Winners Odds
Queen Zelina and Carmella +225
Sasha Banks and Naomi -115
Rhea Ripley and Liv Morgan +225
Natalya and Shayna Baszler +800

Odds as of April 1 at Bovada

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WrestleMania Betting FAQs

Where can I bet on WrestleMania?

WrestleMania is an annual WWE event, the biggest of the year for the company. As such, many wrestling fans like to place wagers on the matches and there are plenty of sportsbooks that you can choose from. Take a look through the choices and pick the one that’s best for you!

How do I bet on WrestleMania?

There are two main ways to place a bet on WrestleMania. The first, which is open to all of the matches on the card, is simply choosing which wrestler, or tag team, will win the match. This is very similar to a moneyline bet in typical sports in which you are betting which team will win the game. The other option is betting on the method of victory, such as pinfall or submission, though this market is only open to some matches.

Who is the biggest favorite for WrestleMania 38?

The potential match between “Stone Cold” Steve Austin and Kevin Owens is where the biggest favorite for WrestleMania 38 can be found. “Stone Cold” Steve Austin is listed at -2000 but with odds constantly changing, it's good to check in with your favorite sportsbook for the latest, up-to-date betting lines.