$1000 on just betting, I can never do that. The highest that I have gone on martingale before was $31 which you have explained also, starting from $1 and doubled it until it was five consecutive losses. I can easily afford to lose $31 but I can not afford to lose $1000.
I hope consecutive losses will not result to emotions and loss of someone's whole money.
No risk no reward lol...but I agree with a thousand dollars on betting can really do a lot instead of wasting it on betting but this isn't really a big deal to some people, everyone has their capacity and limit, losing this amount might not really mean much to him...The same way you said the highest amount you've gone on martingale is $31 some people might see that as staking a lot of money, it's all about betting responsibly that's the most important thing