The remaining 1% don't become rich. They might make a good living gambling, but they'll return the entire amount they earned, or even more, within a year or two at the latest.
So, it's not a 99% chance, but a 100% chance.
There's no such thing as becoming rich through gambling.
It's just a pastime and thrill for those with plenty of money.
Come to think of it, what if the person becomes so lucky that when they joined gambling newly, they hit a jackpot and then leave and never come back again? Can’t that be the case of some people that may fall into the 1% category of making riches through gambling? Or could they also feel that since they’ve won it once, they’ll still come back to want to try again to see if they could hit the jackpot the second term and if they fail, they continue to try until they lose everything, become addicted and then regret their actions.
So I wonder what motivates people who want to get rich on sports betting if they believe in such a pattern? Do the players sincerely believe in their own exceptionalism and genius?
The answer is because they believe that they are different. That they have a different skillset and strategy to do it better than the other people will. Or rather that they carry some crazy type of luck with them.
This is the same for all humans. When you’re going into a new place that many have tried and failed, you’ll always build a confidence in yourself that you can do it, especially when you know there is a possibility of someone succeeding like in the odds of gambling that you can.