Virtually all of professional sport caters to gambling. I read that gambling on the NFL now generates more revenue than the league itself, and that doesn’t even count the illicit gambling.
These are no longer sports - they are entertainment products. Like Danish cheddar cheese transformed into Kraft American Singles, while raising ticket and merchandise prices. :)
It's like the oversized bet placed at the last minute on a long short horse.
Now, instead of one large last-minute bet, companies such as FanDuel and SportKings pick up large quantities of small suspicious bets from overseas bettors.