The fact that I know that even 1.01 odds can also fail means every pick does have a winning chance even when the odds are against you...so it's not really about knowing that your bet won't win, it's about trying your luck and hoping that the game flips in your favor...
Like they say, if you don't play the lottery you can't win..and using this mentality it's worth giving these games a shot as you can never know what happens.
The truth is this: no one wins at gambling or sports if they don't play. Even for employment. Nowadays, when a company says it has 10 job openings, there will be more than 1,000 people fighting for those 10 positions. Each of those 1,000 people knows they have little chance of being accepted, but they still compete for those 10 positions because if they didn't compete, the chances would be 0%.
By that, I mean that as long as the chances are above 0%, there is hope of winning. That's why, when I hear people say, "I don't gamble because I won't win, I'm very unlucky," I immediately tell them, "People who have won large amounts of money have had many days of losses. People who were poor and became rich have had many days of failure."