I tried a similar strategy on Dice but it didn't work out well lol. The theory is nice but in practice it doesn't go that way. As Panjul has said, it is all based on luck and I have seen some people winning the 1000x (e.g. Roshtein hit the 1000x to win 1 million not so long ago).
More on luck and if there's significance in doing that, the house might be bankrupt now. It's all about theories and there's no proven outcome unless you are lucky while you tried this strategy.
Such a huge amount of multiplier and if happened you switched bets and luckily hit it out. What a great day for you.
everyone for sure has the same thinking but in doubts using this strategy, knowing that it can take a huge amount of capital with no assurance that you'll be lucky to win it.