That's the common practice of those who want to sell their sports tip. They don't bet their money in real and will just predict who will win.
And if quite some time that they were able to produce good winning stats they will now show their portfolio to people and will be claimed that their winning percentage is high. They will spread their words on most platforms as much as possible.
Maybe OP was also relying on those kinds of tipsters that claimed to have inside tips on the fixed or rigged matches. If that's the real story, OP will surely be in trouble if he subscribed and follow that specific tip with the use of the loan and the result was lose.