This thread is inspired by the
thread created by sportsbet.io about a lucky bettor who won $42 million on a $50 spin.
So let's discuss. This kind of win can be compelete considered based on luck, and the winner is so lucky that he hit the Jackpot. However, since the goal here is $42 million and you can only win that if you would bet $50 for one spin. So, do you have the courage to do that?
Not a chance, because another way to look at it is that they are not a charity. The reason the jackpot reached that high was because many thousands, even hundreds of thousands of $50 bets were placed in order for the pot to grow so large in the first place. This is why gambling can be referred to as a tax on the poor, because while the headline figure looks attractive - I swapped my $50 for $42,000,000, the reality is that you have such an insignificantly small chance of winning, you'd be more likely to be struck by lightning multiple times, with each case being exceptionally rare in comparison. This is at the end of the day an excellent piece of marketing and will no doubt drive many more people to try it.
I think it's because there are individuals who are willing to bet and risk that's why the pot grow so big and those who bet knows what the risk are but still they are willing and obviously targeting that big pot and so it all boils down as who is that lucky person that is going to win that money.
For us like regular bettors or average gamblers, $50 is already, and so we might be hesitant to enter. But for those big gamblers and since this is played in a huge gambling platform, it's going to be global and perhaps many individuals can afford that $50 and wanted to join and enjoy and see if they are that one lucky person.