It is your point of view. But it doesn`t mean that all other gamblers think the same. I don`t want to say that you is mistaken, but there are different strategies.
I saw how gamblers won with the odd 100, but they bet from $20 to $100. Here we see how someone bet big money to get small but stable profit. Here he mistakes but we can`t say that he lost all his money or that his strategy is bad - we just don`t have enough information.
People do really love on drawing out some conclusions on which it would really be just that normal. Even though we dont know the entire story or even do know that someones bankroll then we would be able to assume that the certain gambler is really that broke up or have lost it all. Its really just that too wrong that someone would really be having those kind of words that it is a bad strategy but same as you said that it would really be that impossible for someone to make out some decisions without having those kind of considerations about on the risks involved. 1.01 odds isnt something that you could really be that able to see yourself to be an opportunity to make money. It isnt really just that worth of the risks on making out such million of amount in terms of bets. If someoen could be able to afford such thing then just let them be.
It is really just that not likely they arent aware on the risks involved. Its never been that worth on having those kind of risks bets into and odds on which is really that considered lowest. 100% winning
bet doesnt exist and there's always that chance or odds that upsets could happen. If someone is really that having those kind of bets into that kind of amount with those specific odds then it do really
shows that he's really that too confident with that but well shit things happen and no matter how it is heavily favorited but doesnt mean that someone cant lose. Always
bare up with this into your mind and thats why im not really that confident on doing some all in bets.
To understand what he thought about we must bet ourselves at least one million. And even after it i don`t sure that we will think the same. If i will bet $1.000.000 even with such odds, i will analyze everything i can, even if someone ate an ice-cream a day before. For someone it can be just a standard bet, someone can make 10-20 such bets per day. Without additional information we can`t count the result.