Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!

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One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

Football is unpredictable, speaking as someone that's into soccer betting...no matter how small the odds are, there's nothing safe
At the end of the day it's better you play a significant odd like 2 to 3 odds for more value and staking what you can afford to lose
Even if u get it wrong with proper analysis you can get your money back within two or three days
If you know what you are doing, out of 7 times a week you can get it right for four days
Four days should give u profit in a week... another option is short football on paripesa or 1xbet... getting small odds are not as hard as real soccer

There's no such thing about safe because even if the odds is about 1.01 or lesser as long the chances arent that zero then there's no way that you would really be having that 100% winning guarantee.

You are really that too risking millions without considering about the potential risks that you could really be able to face out and this is something that you should really be that careful or mindful.
It might be looking like a sure win but its not on which you would really be finding yourself that having that self sure feeling that you can be able to win up the bet and this is why you are really that confident
that you could be able to win up but when luck isnt on your side no matter how small the odds are. You would definitely lose that one.

Always bare in mind that as long chances arent 0% there's always the probability that it could really happen and this is something that you do realize so that you wont
be that ending up on having that kind of results or outcomes into your gambling bets. If you bet that big then it would be impossible that you wont really be able
to realize on what are the probability for losing such huge money.

I do agree up into this word on which as long the odds or chance is there then there would really be that possibility on losing up the bet and this is something inevitable. There's no such thing about zero chance of losing because if there's one then it isnt gambling at all because you arent risking into something and if its zero chance of losing then as said that its not gambling. If you are really that betting on having those millions then it is your risks to take on which you do know on what much you could potentially lost if that less 1% chance of losing will be able to hit up. I cant even blame considering that the odds is really that something that could push you to bet but im not really that confident on putting up a million even if i do have the money. Tongue

Chance is chance and you cant be able to assure whether you would be able to hit it up or not.