That’s a mark of a true gambler. If you have this, it’s risky, but it’s worth it if you hit the jackpot. Many gamblers do this in boxing matches by betting on the underdogs, hoping for unexpected outcomes.
I used to do this when I had the means and the heart, but if you cannot keep up, you’ll settle for what will likely come out.
The lottery ticket mentality is not for everyone, and it’s hard to maintain for an extended period because you cannot guarantee a win.
On the one hand, this technique will yield great returns if done successfully, on the other hand, it's extremely easy to lose track of how many bets you're placing and how much you're spending. I personally avoid this strategy as it seems the risk is much greater than the reward. I've done it a couple of times in football matches, but rarely had any decent results, I rarely opt for it anymore, so I prefer to choose other strategies.