Regarding the first part of your reply, I didn't say the opposite. So, I don't know why you said am wrong! As long as the chances of winning are not 100% then there is a possibility to lose and anyone can be that unfortunate guy.
Regarding the second part, it's true that $1M is a huge amount of money but it's still his money and he is free to do whatever he wants with it. I don't think we have the right to juggle him.
One of the issues I have with many people is that they are always looking for a sure thing, not realizing this does not exist, even an activity as harmless as getting out of bed still has a risk,
This is also the same reason why I have agreed that life is always risky, and most of the activities we do makes it more riskier. But we don't have to bother ourselves with it, that's why many of us always want to feel happy because they believed that one day they might not be opportuned to see the next day. However 1.4 million dollars to be lost on an odd lower than 1.01 odd is like a wise man that ended up dieing at a foolish man's yard. The gamber that lose over 1.4 million in the smallest odd ever thinks it's the best method to win, but what am still wondering is that how much does the gambler want to achieve with 1.4 million dollars on 1.01 odd?