Let me take a guess..... you spend more than $2000 of your own money to wager that $332k.. right? How is a reward of $100 worth it, if you lost so much money trying to achieve it? Even if you multiplied it four times as you said..... then you still made a huge loss on it.

If you followed the previous discussion maybe you will know how he reached 330k wager and $5M Race is not the main target
At first he has 98% VIP progress to reach Platinum 3 until he managed to hit Platinum3 and get bonus $800+$80+$14.5 x 42 days reload bonus
other bonuses will be waiting like weekly and monthly and I guess the total bonus is around $2000 so we don't really know how much he spent.
Yea, I followed that conversation.... but I ignored the chasing for VIP rank part.. because that does not make sense either. You need to wager between $3k to $5k per 1% to rank up to Platinum III ..... so he will need about $3000 to $4000 at a minimum to reach Platinum III.
So with all the bonuses, you will not come close to breaking even on the amount that you spend to get to Platinum III. I guess his goal is not to break even or to profit.... he is just chasing the VIP rankings.
