Or it comes to mind that he was managing other people's money, and wanted to earn quick commissions by betting on a reliable outcome.
Anyway, this should be a great lesson for those with gambling problems.
I dont think he/she collected this money from other peoples because the amount is 1.4 million usd its not a joke. Of course he/she is professional gamblers otherwise no one will take such a big risky decision to profit 11k$ against 1.4 million dollars. Newbies will never bet with such big amount without understand gambling.
You are absolutely correct, it is the same thing I said in my previous comment, 1.4 million dollars is not an amount a gambling newbie will wager in one game no matter how rich the person is, it is also not an amount someone would borrow and wager because a professional gambler already understands the risks involved with gambling.
So I believe this money actually belonged to who ever wagered it, but what we do not know now is whether this is just a fraction of what he or she has, or the gamblers wagered all he or she in anticipation of making that profit, which if yes, then it's a really a bad deal for the gambler.