https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/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?
Oh man. I think there is no point in over-analysing all of this. Poor guy just had a BAD DAY! Hahahaha
In cases like these, we need to discuss and find solutions so that people who intend to make these types of bets don't do it because they will realize that these types of bets are not profitable and have a high risk, even though people who like these types of bets think that there is no risk. So when a person is thinking about putting a lot of money on a bet with odds of 1.10 and reads everything that was posted in this thread, even if that person was convinced that they would be making a good choice by betting on the game with odds of 1.10, they will not bet when they read the comments that were posted in this thread.
Many times, people make bad decisions because they didn't have other advice to listen to, and this section has good advice, so we have to continue giving good advice. and about having a bad day, I think that was not the case for this person, he could continue making these types of bets with low odds, but it would be enough for him to lose one bet, something that would be inevitable for him to lose all his money. so he did not lose money due to bad luck or because he had a bad day, he lost money because he did not have knowledge and an effective strategy in sports betting