Excuse me if I'm making a mistake, but isn't VAR something football matches implement? Where do crypto sportsbooks come into play here?
You are correct. VAR is a technology that has been implemented in football matches to assist referees with decision-making on the field. It is not directly related to sportsbooks or sports betting. However, some bookmakers offer betting options related to VAR in football matches. For example, they may offer odds on the number of VAR decisions that will be made in a match, or the likelihood of a decision being overturned after a VAR review.
not sure which crypto sportsbook offers VAR market but I found this
article on a website talking about "VAR tips", at the end of the article you'll find a list of sportsbooks that offer VAR market(at least according to the website).
Makes me even more confused after reading, more specifically on the why? Especially if you consider what the articles say about VAR refunds, which makes sense and could potentially be used to profit off if possible, sportsbooks would be on the losing end then I feel.
Why the confusion? If you know your teams and referees well, you can take advantage of these betting markets to make smart wagers. It's like any other sports betting - with VAR-related options, you'll need to weigh the odds and make your predictions based on the info you have.