Topic: Are you willing to bet $50 spin for a chance to win $42 million? - page 3. (Read 784 times)

That means you won't risk money if it just about luck or strategy to get the jackpot?
This is not about luck or strategy but about how much money you can spend in taking part in the bet because in one round it is $50 and just imagine how many rounds it takes to have chance to get close to the jackpot.
If it is just about luck and strategy then I agree with you that there will be no strategy that will guarantee victory and if betting is only based on luck then there is no need to push your ability by risking money that is unacceptable to lose.
It just that in this context, I sure those who bet there are rich people with lots of money and of course they can follow suit because even though they spend large amounts of money, the jackpot they get is also very large.

But from your presentation there is an interesting important point regarding the budget that can be received when you lose.
That is wise thinking and of course applying it can help us avoid situation where trying to recover from losses, we know that gambling is full of losses and to force our abilities will only increase these losses.

Depending on one's individual abilities, $50 for a single bet with a possible win of $42 million is worth it, but being able to bet under it with a sizable win doesn't matter either.

But these are odds of 1:thousands or hundreds of users betting, and whoever can hit this jackpot must have used the profits for the rest of his life.

I've never won with a bet like this, just a few consolation prizes I've always gotten.
I don't know what is the influence, the old account, the bet amount or the regional bet, because all of it is regulated by the system.

Honestly, I'm willing to take a risk just one time to check my luck. If I don't get it, it's okay because that's really part of life and at least you try because if you get it, it's really a jackpot. It is guaranteed that your life will change in as little as 50$. Don't be afraid to try if you have too much because maybe later it will be allocated to you, if you don't have too much and you need that money then don't try.

I think it's because there are individuals who are willing to bet and risk that's why the pot grow so big and those who bet knows what the risk are but still they are willing and obviously targeting that big pot and so it all boils down as who is that lucky person that is going to win that money.

For us like regular bettors or average gamblers, $50 is already, and so we might be hesitant to enter. But for those big gamblers and since this is played in a huge gambling platform, it's going to be global and perhaps many individuals can afford that $50 and wanted to join and enjoy and see if they are that one lucky person.

Gambling needs more luck and less strategy, that is what we know. But in the case of winning $42 million is a $50 spin, that guy is really lucky that time.
This would really attract gamblers and think that they can be soon an instant millionaire in gambling if they will continue --overspending will happen.  This will eventually happen for the gamblers who never realize that gambling is based more on luck and the chances are very slim. Even though $50 is just a small amount but if we keep doing this every day, that even costs more than the amount we could win, unless our luck comes too fast.

Not a chance, because another way to look at it is that they are not a charity. The reason the jackpot reached that high was because many thousands, even hundreds of thousands of $50 bets were placed in order for the pot to grow so large in the first place. This is why gambling can be referred to as a tax on the poor, because while the headline figure looks attractive - I swapped my $50 for $42,000,000, the reality is that you have such an insignificantly small chance of winning, you'd be more likely to be struck by lightning multiple times, with each case being exceptionally rare in comparison. This is at the end of the day an excellent piece of marketing and will no doubt drive many more people to try it.

If I can afford to lose $50 I will play the game , I don't mind if I lose or not because gambling is about lose and win. When playing gambling the amount to be won should not be a reason of playing gambling but what should be the reason for playing is if one can afford to lose the money that will be use to play the bet.  The problem some people do have while playing gamble is to be carry away with the amount that will be won in gambling,  they forget to think that  gambling is unpredicted and to play with the amount they can afford to win .their is no guarantee that every big amount will be a win in gambling.

Yes, if we do have that money could be spend then pretty sure that it would really be just simply basic or something that we could really be able to deal with but if we do speak into the current finances that we do really have then it would really be that so damn hard for us to even bet on 10 bucks, how much more on $50? Only a few on this gambling field could really be able to do so. Just like on what other people been saying
that its not something an amount that a player could really be able to bet on, only whales or rich people would really be able to do so. If you are really just that a normal gambler then this is an amount
that it could really be just your entire bankroll. 

Also, having 50 bucks every single roll wont really be able to guarantee you that you could really be able to hit up the jackpot on which means that there's no way that you could tell
whether you would be able to know on what the things could happen ahead. So it would really be no assurance on such thing.

If gambling was about luck, then I wouldn't be so brave, risking an amount of money that I couldn't afford to lose. Because everyone has different luck. and if this gambling is talking about a strategy, then I mention that there is no single strategy that can give me a guarantee that I will win that amount. I will only bet, on the amount that I am prepared to lose. 50 USD, for me it is quite a large amount of money, if I have to dedicate it to gambling. I'd better spend the money on more important things.

$50 is not also a small amount of money, converted to my local currency $50 is more than a 50 thousand naira and it will also go a long way if only the holder can make good use of it and not over spend it on something worthless.
Many gamblers have the kind of amount they will like to gamble with, some might gamble with a hundred dollars or thousand dollars but some will only gamble with little amount because that it the only amount of money that they will want to gamble with.
However, every gamblers should gamble with the amount of money that they can afford to lose and not to gamble with the amount that they can never afford to lose. The first thread shows that the gambler who won that money is very lucky and thats the kind of luck every gambler is praying to gave.

This is obviously not something that happens that often. It is a jackpot and the 42 million means that there have been so many people who haven't won, they are not putting up a 42 million dollars jackpot because they want to, not because they just put it up there for fun, it is a sort of marketing thing but also within the system, a certain amount of the losses in the game goes there, making jackpot bigger, so when you bet that 50 bucks and lose, some of it goes to that 42 million dollars jackpot.

This doesn't mean that you shouldn't gamble or anything, but when you are focusing on the guy who won 42 million, try to also remember the people who lost 42+ million to make this possible as well, you will most likely be them, and not the winner.

If youre lucky then you can but if not? then what would happen? For sure we would really be that ending up on having that huge spending towards gambling. Even if you are rich
then i cant imagine on how much you would really be that losing first before you could be able to hit up that jackpot, whether you could hit it up or not for your entire lifetime.
It would really be always pertaining on how luck you are and how you would really be that making yourself that well when it comes on making those base bets. $50 on each roll
is really indeed too much and this isnt something that everyone could be able to do so. It is really just that too big specially if you are talking about slot gaming
where each roll is really that instant.

Why not! with $50 and one spin it might change my fate very drastically lol

but wins like this will only be found in a very small percentage, in my lifetime, only that person has won a big jackpot with only $50 capital.  In games based purely on luck such as slots, plinko and dice, punctuality is often very important, so don't think that large capital is something that will definitely generate profits.  Keep gambling responsibly because that is what can save a gambler from the possibility of losing.

I came across a thread that was discussing among the rich and the poor who loses money more in gambling. The majority of the people in the thread agreed that the rich loses more money than the poor in gambling. I did not agree with them however on that very premise because I decided to look at the whole matter from the other way around which majority of the posters did not consider. If a man who earns $10,000 daily loses $5,000 to gambling it will not affect him but we dispected us will see it that he has lost a huge amount of money. In the other hand another man who earns $30 daily and eventually loses $100 to gambling, we will not regard it that it is a huge amount of money that is lost but to the gambler they have lost very much amount of money. This is why before we make conclusions we must surely understand the level and the ability of the gambler to end much money than they can lose.

Bringing some ideology to this trend should make us to understand that a rich person can easily afford 50 dollars for a spin of 42 million dollars while a poor man would not try it at all because if it's fails they might go hungry for the rest of the week. In conclusion gambling is very much subjective and that is why you should not put yourself in another man's shoe in whatever way during gambling or emotionally the other man could be stronger than you.

I do have also those doubts about having that PR but it seems this one is really that indeed legit. Wondering if they do able to pay up the winner without any stings attached?
$42M is surely something that would really be a huge deducation into their money but of course money is money and win is win. They would really be needing to pay up if they dont
want to ruin up their reputation knowing that Sportsbet is really that long time running and known platform or company into this forum on which it wouldnt really be giving
any doubts that they could pay up that winner without any issues. It would really be just that really good to see that someone do make out those huge wins
and facing up no withdrawal issues hopefully.

It's not about having courage, it's about having a bankroll big enough that you can afford to make $50 spins continuously like the guy was doing. I know that he didn't have a very big bankroll to show, it was about $2,200, but from how he was doing those spins, it's clear that he is a high roller and only a high roller and a person with enough money can do something like that. A normal person and an average bettor can never place $50 bets on a slot machine.

He was extremely lucky to hit that jackpot because you don't often see a gambler winning millions of dollars in just a single spin no matter how much money one is spending per spin. So, other gamblers shouldn't get inspired by that and start making high bets so that they can also win something as significant as that because it's all about luck.

I hope this is not another PR  The casino will feel this though because $42M aren't ice cream money.

I'm not in any capacity to wager $50 for a single bet because where am I going to get the next money if I don't win anything after the result? However, if I'm ideal and capable, I can do it but for a second, the person must be really big with heavy pocket to try this. I can't imagine number of times he would have lose to able to be able to win this much, this is will be on the record for them to announce this for the public.

If I'm to be honest, this game is nothing but luck and luck, there is nothing about been expert here, even the player that won this will be shock to seen him win this.

People saw his big jackpot prize. They don't look at the $50 because many gamblers probably use that amount of money to bet. But it depends on someone's readiness to bet, let alone use that $50. They won't use it if they can't afford to risk that $50. They will only use the amount of money they can afford.
But it is good publicity for the house because it will become famous after a lottery jackpot.

They are always in profit, that's how their business run, and just like a lottery, they are consistent in announcing the winner so bettors will be more attracted in betting. This kind of scenario is just normal in gambling, some could hit a huge jackpot like this but we can't deny the reality that most of us are losing money, resulting to the gambling sites to operate profitably.

We don't need to question how much a gambler losses already, or make a speculation that this gambler is probably a millionaire as he can afford to bet $50 for a close to zero chance of winning bet. It happened, and it just prove that this kind of game is legit, and I'm sure if we trust sportsbet.io, we will believe that the winner were able to claim his life changing reward.

Basically, you can spend your life playing without winning the jackpot. People are blinded by the amount, the $42M, but it's not just that the bettor was betting $50, but the odds of winning that are ridiculous. I imagine it is a good publicity for the house that this week will have had a boost in revenue, especially in slots. It is like when there is a jackpot of many millions in the lottery.