Quote from: paxmao on March 09, 2024, 11:10:48 PM

Quote from: Sir_Garry55 on March 09, 2024, 10:16:59 PM

Quote from: bitbollo on January 18, 2023, 11:43:29 AM

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

Quote

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

I wonder if someone who has that amount to spend in gambling is an idiot to begin with, it is not that easy to find such people. I mean, idiots in the intellectual sense, not in personality or traits - those are aplenty. But anyway, that sum may not be much for some of the people out there. For a billionaire that is like a drop in the ocean and may not be enough to even feel any thrill about it.

I mean he can't be an idiot completely since he's got a million to blow, right? Unless he inheirited or something and also happens to be a billionaire now as well - to your point that does seem like a small chunck of change to them. Its pretty wild how someone would take chances like that. He threw a 1.4 million dollar property basically up there on the trade block and got screwed to put it into perspective.