While he was playing I got the impression that he had resolved to play until he lost. I think he said several times for investors not to worry about his wins because they would get their coins back in the end, or words to that effect.
So is he a lemming? Is he Icarus?
He won 12 times, came back the next day and 7 even bigger bets, then the next morning 7 more times. Then he waited 2 hours and played and lost it all. What was he thinking about in those 2 hours?