I’m curious to know if others in the community have ever considered the All-In gambling strategy. In a game of pure chance, could it actually be smarter to bet everything in one go instead of spreading out your bankroll over time?
Well, for me it's not a good idea unless you're in hurry to win/lose and don't want to stay longer. Often, this is happening if a gambler is in bad losing streak. Using a martingale strategy or going all in can recover the losses with profit, place for being desperate.
Anyway, for luck-based games, it's a big NO. But for skill based like sports or poker, the case would be depending on how confident I am.