I have bet on very high odds before in football matches but I have not tried it before in casino games. My experience in football about betting on very high odd is just like waste of money because I have no luck there and it is worse than going for moderate or lower odds. So I prefer to just make my analyses and bet on a stronger team that I know would win the match than to bet on odds that looks like impossible.
Betting on high odds and winning takes a lot of luck to work out especially when you are talking about odds of over a thousand. I remember betting on basketball games randomly with no analysis whatsoever, the odds accumulated to over 900+ plus, I knew my predictions were not solid so I placed the bet with 18 naira knowing the outcome would probably be negative, to my greatest surprise I ended up winning
Congrats! It is quite rare but sometimes these things happen, I've heard a few stories like this and saw the bets placed. It is crazy how sometimes no amount of analysis comes close to pure luck.
In my opinion, betting on high odds is like handing an immediate advantage to the bookmaker, and it's essentially throwing money away.
That's not the point here, people are doing his for different reasons. Nobody should be doing this as serious or regular gambling. If you feel like having this kind of fun, who cares if you place a stupid bet on a $1 ticket every now and then? It is entertaining to see what happens and how many picks you get correct just by random guessing.