Post
Topic
Board Gambling
Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!
by
coinerer
on 09/02/2023, 11:55:41 UTC
A gambling addict never realizes how risky it is and how much money a single bet is good for. Then they think that betting a big account will give a big amount of return and they will become rich in a very short time.  But when he loses that big amount he can feel how big a mistake he made.  And thus many lose everything and end up in huge debt or commit suicide.
In fact, being too obsessed with wealth from gambling is something that is really not recommended for gamblers because it will only give them big losses and losses.
We don't know whether to win or lose in a game, even though we can still minimize the rate of defeat, not everyone can do it.
Some people can indeed make large amounts of money at gambling and even then they already have sufficient experience and knowledge in all games or bets.
So the option to get rich in an instant by relying on gambling is just a dream for those who are beginners or gamblers who only have money without any knowledge or strategy.
Intelligence and strategy do not always work in gambling, many times even professional gamblers lose in gambling. So whether a professional gambler or a new gambler.  While gambling one should always make every single bet with a small amount of dollars otherwise there is a chance of losing huge sums at some point.  And it would be better if no one gambled constantly. People who gamble only for fun never suffer big losses. Those who become addicted to gambling and continue to gamble for earning  money always suffer big losses.