Why is it logic that you would only loose 10% of your bets? If that would be case, than any gambler would be a millionaire

. I win around 35-40% of all the bets I place...
If you place 500 bets on risky combinations, than there is quite a big chance that you loose everything.
You bring it to different topic dude, the starting discussion is about wagering $500 to be able to chat but now you move it to probability of lossing the bets with high odds.
Logically anyone should not make bets on risky combination if the main purpose if to get $500 wagered amount then able to chat.
Someone can even make $500 with small starting balance as elkaka said, it means that it should not be a big problem for anyone to reach the $500 wagered amount.