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Everything is relative. Any of my bet may look crazy for outsider but if I believe in it then it is very logical for me especially if the given bet resulted from the careful preliminary analysis of different alternatives. Thus I would not consider any bet made by anybody as the insane one. Instead I would prefer to regard them as to be either logical or non-reasonable at my angle. Needless to say that both logical and non-reasonable bets may result in big pay off. This is the way the luck is working.