Post
Topic
Board Gambling
Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!
by
gabbie2010
on 06/03/2023, 19:01:22 UTC
Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.
The issue here is about gambling with such a huge fund hopefully to win 1,512,000 which is quite a reasonable amount of profit unfortunately lost the bet because it's too risky and probably the gambler envisaged that it's a sure bet of course nothing is sure in gambling especially in soccer bets where unset is created on regular basis leading to massive losses by gamblers, personally I will only accumulate 2 or 3 games with an odd of 2.0 and use 10% of the total amount to play the bet, while consistent winning with this strategy is bette and profitable in a long run.