now hush...
and the bookies rejoice
Not really. The bookies don’t care who wins the games. They make the same money either way. For point spread bets, the spread is set to generate roughly equal action on both teams, and winners are paid at less than even money, usually-110 odds (meaning a $110 bet pays $100 in profit). For money line betting, obviously most betting was on Purdue, with relatively little on FDU. Payout odds are adjusted accordingly, so FDU bettors won a pretty good chunk of change, but the money bet on Purdue was more than enough to cover those payouts. The same would have been true had Purdue won - there would have been a lot of winners, but the odds being paid were low, so money bet on FDU would have more than covered them.
You don’t really think sports books make money by predicting or influencing outcomes of games do you? They make their profit regardless of outcome based on simple math and payout odds.