As a gambler, have you ever felt this kind of mentality? That is, let's say in sports betting, wherein you bet on the long shot or a huge underdog but at the back of your mind, you thought that you will not win, but there is still small hope inside of you that this could be a life changing and so you go and bet with your close eyes. And this could be just you are relying on your luck and nothing more and that it could also be bad for us gamblers in the long run.
I'm like this when I was just a newbie in online gambling. Because what matters to me before is the profit that I could possibly get when betting. Well, it's fine since gambling is really risky but it's not advisable to do it often or use as a strategy to gain huge.
I value my profit regardless of the amount. That's why, I prefer to use my knowledge on the particular game to maximize the chances to win rather than blindly placing bet to the underdog.