So gamblers will not underestimate the winning they may have regardless of the amount involved, because such is of importance to them, if you would have in some cases realized the numbers of time it took you to experienced a winning opportunity, then when any of such come, it will be well appreciated by you, because gambling is more of losing than winning bets, we have to understand this and that same approach is what some are using and others are not getting it right about the actual conditions to gambling and the amount to win.
I think it depends on how much capital you're gambling with. For example, if you gamble with $1,000 and only win $50, it certainly feels unfair and like cheating, right? However, if you only bet $10 and win $50, you'll feel happy because you've won five times your original winnings.
This is the big thing, a gambler is happy only when he can win several times more than his capital. I completely agree with what you said. If he can win only $50 by betting with a risk of $1000, it will never make that gambler happy because the winning is very small compared to the big risk he has taken. He could have lost his entire capital with this risk. So in such a situation, that person should not be happy at all.
You can be happy only when you win more than your investment. And in fact, gambling cannot give anyone permanent profit. Here you can only win something good suddenly for a short time. And that too is not in everyone's luck. So there are very few lucky people who can be happy from gambling winnings.