Quote from: bitterguy28 on Today at 05:24:57 AM

Quote from: len01 on March 05, 2023, 10:08:49 PM

Quote from: 2double0 on March 02, 2023, 08:15:50 PM

Quote from: len01 on March 02, 2023, 08:00:40 PM

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

therefore I say that being responsible for your own bets will be better.
so when someone bets at any odds but the gambler will not be careless using all the money in his pocket just for small odds and it looks like greed, the stupidity of gamblers who are too chasing something that is uncertain using big money.

your money ? your responsibility mate that's it.

so the person who made this bet is responsible for that money and whatever the outcome surely he knew what's next .

he may lose this time but what we knew about the past or the future? he might be a winner of more than a million before this bet or after right?

this is gambling and we must be ready to what will happens next.

A gambler uses various strategies to win in gambling. In this case, he is not only successful in his strategy, he may also have a big loss. But it is important to consider how reasonable that strategy is. In gambling, normally gambler will be responsible for his own actions. We see a great loss 1 million USD at odds of 1.01 bets. Many of us here consider his decision negatively. But if that gambler had won the bet then we would have discussed about him positively. When the odds are low, the chances of winning are high. May be he used this strategy. A gambler must manage his betting with a good understanding of his financial management.