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Are you that type of gambler that has kind of mentality? It could be that is obviously flawed in the beginning so there could be gamblers that are now willing, or maybe as I have said, we might have been using it already but we just didn't know.
Nope I usually stick with my plan whenever I gamble and when that plan does not go well, I just usually call it a day and stop.
The person whom you described is my father- he tends to push his luck further thinking that even the smallest odds will be in his favour. Before he used to engage in cockfighting and even built a designated farm breeding fighting chickens for such purpose. Currently, he still gambles via purchasing lottery tickets (though he even won 4-5 numbers in the past).
With that kind of mentality, it sets it as a dangerous precedent especially if it develops and evolves as your main strategy. Without realizing it, you would be just surprised to see that most of your resources would be exhausted in the process.