Post
Topic
Board Gambling
Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!
by
delfastTions
on 14/08/2024, 12:07:45 UTC
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.
There is no way for us to know if this gambler has done his own research before placing that bet but what's for sure is that the odds can't be lower than 1.01.
Also, we should not forget that the odds providers do their own research too and they are definitely more resourceful than any regular gambler. So, it's unlikely that he will find an information that the odds provider doesn't already know about.
In my opinion, no, in fact it will take a long time if someone resets it first when they want to place their bet, because they will use their lucky method every time they place a bet, because it is very rare for a gambler to reset something or a bet, even so do I, maybe there are only a few people who do that.
By the way, it is quite possible that someone can afford to place bets in an amount comparable to the lifetime earnings of an ordinary person, or even ten people in their entire lives.  At the same time, of course, such a game is simply like a blow to the psyche of such a player with a bat.  In my opinion, the emotions at such a bet are very strong and such a risky player is actually looking for such emotions.  And he finds them.  And imagine how he feels if he loses.  It is difficult for me to appreciate such experiences of a rich player simply because I myself have never played with gigantic stakes that can simply completely turn a person’s life upside down.  And of course, I always adhere to the principle that you can only afford to lose those amounts that will not significantly affect your life needs and your family members too.