I'm not parent commenter, but any example of an event that actually matters?
Elections, wars, the economy, healthcare systems, laws, court cases?
The example you provided does look like some insider trading type of stuff, just like how 1v1 professional sports players will sometimes intentionally lose after receiving a bribe to do so, but both your example and sports don't really seem to have any kind of meaningful impact on anything or anyone who isn't gambling, no?