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Yeah, and if I had to guess, they've hedged their bets and they have money on both sides of the line.
Don't know shit abt gambling but if you can do that and not lose money doesn't that defeat the entire purpose of gambling
It's what bookies do.
They set the payouts and take bets from both sides so that the losers pay for the winners.
After a little work it's just math and turning away bets / adjusting payouts when you're already too heavy on that side.
And your profit comes from putting your finger on the scale.
In that it makes it not a gamble anymore yes, but if you get your math correct there's a way you can at least break even no matter what, especially if it's not a true gamble and there's fundamentals behind your bet to study.
Of course If you're doing this much work it's no longer fun, so it's definitely not appealing to those who like gambling purely for the thrill.