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.
I disagree that he's greedy because he is betting on a small odd, but so much agree that he's stupid for doing that. Big money should be well managed in gambling, it's so foolish to bet a whole $1.4M on a single game where no one would certainly know the outcome.
On second thought, we can't blame the guy totally because we don't know under the influence at which he did it. He might be distracted by ladies and gamblers in the house. Don't you think of that possibility?..lol