The winners have already been predetermined by the organisers. Maybe we can call it a comedy show because I don't know how people without prior knowledge of boxing will enter the boxing profession without adequate training.  Most of these fights are arranged within a few weeks, which is enough for a novice to become an amateur boxer.

It's clearly a means of getting money from attendees and social media followers. There will also be a rematch would will bring additional funds. Betting on these fights is just a waste of time because the winners are unpredictable since there is no way to analyse their performance.