Basically, I need to risk a thousand of dollars only for 1$ profit?
Yes it is and guess what, people do try LOL in fact I did.
I remember, I tried it online and I won some good money coz normally you will see the max takes 4 or 5 or worse is 6 rounds to get your color. So you are risking $32 + $16 + $8 + $4 + $2 + $1 the max but it's not that you will always get it in this range. I remember to lose $511 in less than 5 minutes online live casino.
It's a stupid and dangerous strategy. In fact the entire gambling thing is very risky especially these casino games. That is why I go more with sports betting.
At $.01 you would be covered up to 15 rounds for a small bankroll.
Yeah, but you do not win much as well. Your wins are literally nothing. Anyway, my suggestion is that stop it as soon as you can.