... In such a case betting more than you can easily afford to lose is not a wise move.
Betting 100% of all you CAN afford to lose is probably not a wise move, given the 83% chance of a loss. I mean depending on
how you define the amount you can afford to lose, I guess. Could mean a different thing to different people.
Indeed, it's different thing for different people. For me personally it's around the amount of money I can earn in one day. Yes, it is still painful, losing the money you were working for for the whole day, but it's acceptable, it's not the end of the world, you know.
But that's about the money I can afford to lose without bad consequences. Talking about the money that I can
easily afford to lose, than it's about a quarter of what I make per day, and that's what I would bet on the single dye roll, you are asking in the OP.