Randomness is the core of betting or any form of gambling. If it is not purely random and predictable to a large extent the reward on the bet will be lesser. That is true with sports betting but casino gambling is purely random and chance to win is directly proportional to the risk involved.
Randomness ensures that all silly money management ideas will fail eventually. Randomness makes all skills of choosing your bet go foolish finally.
Randomness is not infinite though. It mellows usually around 6X of the break even point and crosses that very rarely. Although there is no absolute limit of randomness, it can go wild enough to kill a novice guy with irreversible loss.
In nutshell, no randomness, no gambling.
Randomness ensures that all silly money management ideas will fail eventually. Randomness makes all skills of choosing your bet go foolish finally.
Randomness is not infinite though. It mellows usually around 6X of the break even point and crosses that very rarely. Although there is no absolute limit of randomness, it can go wild enough to kill a novice guy with irreversible loss.
In nutshell, no randomness, no gambling.