"People don't gamble on Chess."
So very quickly:
> Their approach is to think of a soccer game as an experiment to determine which of two teams is the best. The question then is this: what is the probability that the outcome of the experiment truly represents the relative abilities of the two teams. And the answer, unfortunately, is not very probable.
This is not a bug; it is a feature. Spectator sports have drama and theatrics and exist first as entertainment, and only second as a contest of skill.
In Major League Baseball, the New York Yankees are far and away the best team this year. It's not even close. Almost all their position players are between top 3 and top 10 at their position, they have a very solid top of the rotation and mid rotation, and good to amazing relief pitching.
They'll compete with eight other teams to win baseball's championship, the World Series. I'd put their chances around 22% of winning it all. But they're far and away, clearly, the best team in baseball.
But that's why people watch. People don't gamble on Chess.