We can argue sports betting is about knowledge a person has about sports but at the end of the day, a person who merely goes with favorite, will also get his picks often right. So is sports betting actually about knowledge?
In any case, knowledge is still taken into account and is still needed, depending on what kind of knowledge will be needed according to each of its interests.
And in gambling, knowledge is used to analyze the situation and whatever sport is being gambled, analyzing various possibilities, even though it still falls as speculation, but the process of determining the speculation can be one of the factors of the possibility of winning But, not absolute.
So, knowledge can be one of the important factors in gambling, whether before the match, during the match, or in its evaluation. Plus luck, of course, this will only play a role. .