If it's a fake simulation game, how about that game that is available on some sports betting sites because I think some gamblers have placed on that game. Or are they just trying to place a bet without thinking if it's fake or real? But indeed, placing bets in real games will be more sensational because we can see how big the chances of each team are so we can choose them as our bets. But whether we're going to play a simulation game or choose a real game, of course, we're going to place a bet on something we know well. If we're trying to install on something we don't know then it's probably just a trial and error to see how the game works.
I agree, placing bets on simulated games without knowning if they are real or fake is very risky. We need to think before betting our money away, just because a bookmaker offers some odds doesn't mean that it's a fair game we gamble on. The thing with simulated games is that they offer a bigger variety of games to bet on. So in periods of breaks due to season holidays or breaks because of other issue, like covid lockdowns, we can still enjoy betting. Simulated games will full randomness involved are fair for every players. There is no edge to be gained, everybody has the same odds and it all comes down to who is lucky and who is unlucky.