Yes, it's blind betting, especially on casino games and slots. We only rely on what the system will give us and hope that it will be enough to make us walk away and enjoy all the winnings that we get. I did experience that before and I can it's so satisfying. This is where it goes wrong after you taste the win, you want more of it and so you gamble again. That's also when we don't care if we are blindly betting because we just want to experience more of what we have tasted.
It's easier to walk away if it is a big win, but small multiplier wins could sometimes also be considered as a good win and yet we continue on until we lose it all. It will all depend on the gambler, some just want a high multiplier before they withdraw while others are satisfied with small wins.
Everything is built so that the player never leaves gambling, if one day he can win a big win, then he will become a hostage of gambling because he will wait for another such win and will continue to play, or if there are many losses, then there will be a desire to get back what he lost and will also not want to stop. I do not know if there are players who managed to beat the casino in the end, even temporary successes do not guarantee anything, probably you need to be a genius for this to be possible.