You are right... BUT if you get that continuosly at the MAX bet. {Think it's 100 000 bits} might be even higher now, you will show a good profit.

If you hit the dreaded 0x or 1x your profits will be down the drain in 1 bet.  / Play around with different strategies, and vary your exit strategy to maximize your profits.

It stays a gamble and it's very addictive, but FUN.