This is why I have to say that there is a good amount of people who ended up with the fake understanding of having fun and lost a lot of money, that is pure gambling and if you want to do that it is fine but if your aim wasn't that but you ended up there then it is bad.
A wise gambler will know what he needs to decide and if participating in the competitions is good for him, he will try it and see how lucky he is on that event.
Otherwise, a wise gambler will not try to force himself to participate in that events and he will not be concerned if he will not be on the top lists of the competitions because he knows that he will have many times to be the next on the top lists.