Who would be stupid enough to bet on fake wrestling?
Apparently somebody would be or else they wouldn't be pushing it so hard.
On the other hand, if the outcomes of the events 100% can't be changed after the bets are in it wouldn't be any stranger than some of the other things that people bet on: https://hobbylark.com/party-games/Unusual-Bets
Consider the idea of Weather derivatives. These are bets on the weather. Guess who can determine the weather?
LOL, the very same people betting on Robinhood and $GME against (((hedge funds))).
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