Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! - page 30.

lienfaye

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Quote from: QueenVera on March 11, 2023, 07:42:03 PM

No matter how justifiable the lost of this player seems to be, I don't think losing such amount of money will go down well and just from what was explained here, it simply shows that the player isn't really a very welthh person and the Money staked was actually from bet winnings and I'm sure the player will be tied up with alot of emotional attachments right now and battling with alot of regrets.
I will be suggest that the gambler be checked out upon to avoid any sucide attempt and I hope the gambler recovers soon from the shock.
I also hwop we all get to learn from these stories and also know that no bet is an easy one and nothing is guaranteed in gambling as anything can happen at anytime.

It's an eye opener that no bet is guaranteed. A lesson for us to not be confident and bet all that we have just because we're positive that we will surely win. Because in gambling anything can happen thus we should be prepared for the worst to happen so it's not hard to accept the fact that we lose. But if you bet huge just like in op's story, it's really hard to overcome such thing happened in your life and can lead to depression and worst taking his life.

So for everyone don't ever gamble the money you can't afford to lose and if you win already, withdraw your earnings and enjoy it. Don't be tempted to gamble again and go all in.

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Quote from: Hamphser on March 11, 2023, 06:53:00 PM

This is where some bettors do really think off about on having that sure win bet which we know that as long there's a chance of losing no matter how small it would be or how less the risks it would be but still there's a chance for it to be hit up.This is why its never been that recommendable on having that all-in type of bet which it would really bring up a disaster if ever the bet do lost.
1.01 or less doesnt guaranteed out on sure win.This is why you should only bet on the amount you can afford to lose.Dont really take the risks on having huge bet unless if it was really that intended for that particular game and you are accepting that you could potentially lost that game. We are talking millions here which is something that most people cant afford on losing.

They have to change their minds that placing bets can help them win, but if there is no good analysis to find out which team has a better chance of winning than the opposing team, it will be difficult for us to win.

And I agree with only betting the amount we can afford because that is what we should do with all the bets we place. The risk of betting big money is losing all of it quickly, which is not a great way to enjoy gambling. But maybe it's still used for some people who gamble because they hope they can win a lot of money. And that person may be a millionaire willing to lose money at the gambling table.

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Quote from: Wapfika on February 16, 2023, 11:23:30 AM

Quote from: JooBra on February 16, 2023, 10:42:11 AM

Well he stared with 500$ and he kept going all in with his bets. He is Real M fan so he played on them with all money. He didn't split bets. If he won 1.1 with 500$ thats 550$ and next bet he put 550$ and so on. The game he lost was RealM vs Valencia or Villareal(cant remember exactly), the score was 1-0 until the 87min when he placed the bet to be 0-3 goals. The odd was low maybe 1.1 or lower. And he lost the bet at the end.

I don’t understand exactly how the odds is so low if he is predicting a 3-0 score while the live score is 1-0 on 87 minutes mark? The odds should be high if he is predicting an outcome that needs 2 more goal to fulfill for a short period of time. I believe he is betting below 3 total score if I’m not mistaken because that’s the only way for a bookmaker to provide a low odds for that game condition.

Anyway it sucks but it’s really possible since Mbappe manage to tie a 2-0 score on world cup against Argentina which is very hard to do.

No matter how justifiable the lost of this player seems to be, I don't think losing such amount of money will go down well and just from what was explained here, it simply shows that the player isn't really a very welthh person and the Money staked was actually from bet winnings and I'm sure the player will be tied up with alot of emotional attachments right now and battling with alot of regrets.
I will be suggest that the gambler be checked out upon to avoid any sucide attempt and I hope the gambler recovers soon from the shock.
I also hwop we all get to learn from these stories and also know that no bet is an easy one and nothing is guaranteed in gambling as anything can happen at anytime.

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Quote from: Wiwo on March 11, 2023, 03:55:53 PM

Quote from: rahmad2nd on March 11, 2023, 03:47:41 PM

Well, as I said in some of the previous posts. that the man we are discussing in this thread, knows very well every risk he will accept if what he is betting on is not what he expected. if we point at low odds with @1.01, then the probability or percentage to win is very high.

Only, the problem is that this man bet the fantastic amount of $ 1.4 million. many of us, argue that the profits earned are not in accordance with the capital at stake. but, this is gambling. that the bookies only provide the available odds. the rest, we as gamblers choose and determine it. in this case, the gambler seems to have great confidence that he will win his bet. reasonable, because considering the available odds have a high probability of winning. Unfortunately, this man was having such an unlucky day that in fact, he lost his bet.

Well I will like to correct a notion here from personal experience, lower odds doesn't translate into sure winning and that is what trick ops into gambling with such a high amount of thinking because the odds of the bet stand at 1.01 makes it a sure game to win and he filtered away a whopping 1.4 million in a bet.

-This is not the best condition for oos right now and I hope we all learn from this event not to rely on the odds to make our game selections.

This is where some bettors do really think off about on having that sure win bet which we know that as long there's a chance of losing no matter how small it would be or how less the risks it would be but still

there's a chance for it to be hit up.This is why its never been that recommendable on having that all-in type of bet which it would really bring up a disaster if ever the bet do lost.
1.01 or less doesnt guaranteed out on sure win.This is why you should only bet on the amount you can afford to lose.Dont really take the risks on having huge bet unless
if it was really that intended for that particular game and you are accepting that you could potentially lost that game. We are talking millions here which is something
that most people cant afford on losing.

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Quote from: Wiwo on March 11, 2023, 03:55:53 PM

Quote from: rahmad2nd on March 11, 2023, 03:47:41 PM

Well, as I said in some of the previous posts. that the man we are discussing in this thread, knows very well every risk he will accept if what he is betting on is not what he expected. if we point at low odds with @1.01, then the probability or percentage to win is very high.

Only, the problem is that this man bet the fantastic amount of $ 1.4 million. many of us, argue that the profits earned are not in accordance with the capital at stake. but, this is gambling. that the bookies only provide the available odds. the rest, we as gamblers choose and determine it. in this case, the gambler seems to have great confidence that he will win his bet. reasonable, because considering the available odds have a high probability of winning. Unfortunately, this man was having such an unlucky day that in fact, he lost his bet.

Well I will like to correct a notion here from personal experience, lower odds doesn't translate into sure winning and that is what trick ops into gambling with such a high amount of thinking because the odds of the bet stand at 1.01 makes it a sure game to win and he filtered away a whopping 1.4 million in a bet.

-This is not the best condition for oos right now and I hope we all learn from this event not to rely on the odds to make our game selections.

You are probably mistaken mate, please note or rather, have it in mind that the topic being discussed did not happen to the OP, that is one that started this discussion.
According to OP, this was a something that was being discussed on another forum (I think Reddit), which he found interesting and decide to share the story here as well.

We do not know the person in particular, who gambled away $1.4m in betting, but rest assured it's not OP, as I believe that if it was him or her, he wouldn't even have the courage or power to past about it here, this is if he or she is even feeling OK after such a huge loss.

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Quote from: rahmad2nd on March 11, 2023, 03:47:41 PM

Well, as I said in some of the previous posts. that the man we are discussing in this thread, knows very well every risk he will accept if what he is betting on is not what he expected. if we point at low odds with @1.01, then the probability or percentage to win is very high.

Only, the problem is that this man bet the fantastic amount of $ 1.4 million. many of us, argue that the profits earned are not in accordance with the capital at stake. but, this is gambling. that the bookies only provide the available odds. the rest, we as gamblers choose and determine it. in this case, the gambler seems to have great confidence that he will win his bet. reasonable, because considering the available odds have a high probability of winning. Unfortunately, this man was having such an unlucky day that in fact, he lost his bet.

Well I will like to correct a notion here from personal experience, lower odds doesn't translate into sure winning and that is what trick ops into gambling with such a high amount of thinking because the odds of the bet stand at 1.01 makes it a sure game to win and he filtered away a whopping 1.4 million in a bet.

-This is not the best condition for oos right now and I hope we all learn from this event not to rely on the odds to make our game selections.

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Quote from: Botnake on March 11, 2023, 07:16:07 AM

Quote from: tusandii on March 10, 2023, 10:17:44 PM

Quote from: slapper on March 06, 2023, 06:43:46 AM

~snip~

Definitely, a gambler who would bet such a large amount of money is not new to betting, and he can certainly afford to risk that million. The thing is, when you bet on 1.01 odds, that gives you a very high percentage of winning, and you're like the house that has the edge. However, that doesn't mean you have no chance of losing; in this case, the bettor is just unlucky.

Well, as I said in some of the previous posts. that the man we are discussing in this thread, knows very well every risk he will accept if what he is betting on is not what he expected. if we point at low odds with @1.01, then the probability or percentage to win is very high.

Only, the problem is that this man bet the fantastic amount of $ 1.4 million. many of us, argue that the profits earned are not in accordance with the capital at stake. but, this is gambling. that the bookies only provide the available odds. the rest, we as gamblers choose and determine it. in this case, the gambler seems to have great confidence that he will win his bet. reasonable, because considering the available odds have a high probability of winning. Unfortunately, this man was having such an unlucky day that in fact he lost his bet.

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Quote from: paxmao on March 09, 2023, 04:04:57 PM

The theory of the wrong number or a keying mistake is not impossible, but bear in mind that we are talking about such a large figure that the first "problem" is that he had that into the account and the "second problem" is that the site or place did not asked the guy something like "are you sure dude?" Even without an extra "zero" in the wrong place, it would still be 114.000

For the "first problem", it looks like he deposited big money into his account because otherwise, how could he place a bet with big money? And as for the "second problem," we don't know if he's deliberately placing a big money bet or missed a "zero" in the wrong place. And we can only assume that it was his fault that he did not check the bet amount and immediately placed it. But the flip side is that we also assume he deliberately placed those big bets hoping to win a lot of money. And whatever it is, we can learn a lot from him by always checking the bet amount so that we don't experience big losses if we lose.

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Quote from: maydna on March 07, 2023, 11:53:06 AM

Quote from: AicecreaME on March 07, 2023, 05:48:40 AM

Quote from: delfastTions on March 07, 2023, 04:09:05 AM

Yeah! There could be many reasons why the guy made such a big, crazy bet and lost that $1.4M.

For example, I do not rule out that this is just a contractual bet made specifically to promote and advertise such an event. Moreover, the advertisement is not so much the guy himself, whom many now consider an idiot, but the casino itself, or rather the bookmaker, through which such a big loss was issued. We do not know many details of this event in order to somehow objectively assess such an event.
And who and how much received from such a deal.

It's possible that this is all plotted from the very beginning to make a noise and stir some speculations and gather attention to the casino website the gambler has lost his millions of dollar, which to be specific, amounted to 1.4 million dollar. Since this is such a big amount, it could be happen to be sponsored. But if that's not the case, it's also possible that the gambler just happen to misclicked or misread the numbers he typed and input, thus amounting to such huge amount of money placed for a single bet.

It's also possible that he trusted so much to the point he was so sure the team he bet on wouldn't lose, but unexpected turn of event happened, thus losing the supposedly "guaranteed win". We'll never really know because there are endless possible reasons. But bottom point would be, always double check your bet, and just bet what you can only afford to lose.

There are many possibilities that could have happened in that bet and we speculate that he has written the wrong number in the bet, which means it is a very large number. And he probably didn't expect that it would cause him such a huge loss even though he might still have other money. But still he would probably be saddened by such a huge loss and he should have realized his mistake and would not repeat it in the future. But if he is a gambler who often uses big money to gamble, it will mean nothing to him because he can definitely accept whatever the outcome is. And we little gamblers should always check everything before we hit that bet button.

It was a risk for the man to bet huge amount of money on sports betting and finally the team he chose lost.
Even though he is a rich man, but for me it is a large amount and I am sure he will also complain of disappointment after losing such a large amount of money.
I understand that betting and gambling are used to the words winning and losing, but it would be nice if you weren't too greedy and risked too much money.

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Quote from: tusandii on March 10, 2023, 10:17:44 PM

Quote from: slapper on March 06, 2023, 06:43:46 AM

Boy, what an incredible tale! This really demonstrates how gambling can be a completely unpredictable realm filled with chances and advantages. Who could have predicted that someone would wager 1 million USD on such poor odds and lose? But as they say, you can't always win. And this fellow definitely suffered a massive defeat. Nevertheless, it's not all bad. At least he made an effort, right? Perhaps he'll devise a more effective plan next time, or maybe he'll just play the machines.

1 million USD is a very large amount when used for betting, but with that amount, if you manage to get a win, you can imagine how much profit you can get.
I believe not an ordinary gambler or gambler without experience who dares to take risks by betting such large amounts and make sure he is a gambler with more wealth so that whatever risk he will receive when betting he can accept it even if he has to lose the money.
In gambling and betting, there will definitely always be wins and losses, especially in sports betting, there are bound to be many unreasonable final results or manipulation because in every match, if there is a large amount of betting money in it, it's no wonder that action takes place. the.
So that anyone who bets on a match must always be careful and not make the wrong move in determining what is at stake.

Definitely, a gambler who would bet such a large amount of money is not new to betting, and he can certainly afford to risk that million. The thing is, when you bet on 1.01 odds, that gives you a very high percentage of winning, and you're like the house that has the edge. However, that doesn't mean you have no chance of losing; in this case, the bettor is just unlucky.

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Quote from: slapper on March 06, 2023, 06:43:46 AM

Boy, what an incredible tale! This really demonstrates how gambling can be a completely unpredictable realm filled with chances and advantages. Who could have predicted that someone would wager 1 million USD on such poor odds and lose? But as they say, you can't always win. And this fellow definitely suffered a massive defeat. Nevertheless, it's not all bad. At least he made an effort, right? Perhaps he'll devise a more effective plan next time, or maybe he'll just play the machines.

1 million USD is a very large amount when used for betting, but with that amount, if you manage to get a win, you can imagine how much profit you can get.
I believe not an ordinary gambler or gambler without experience who dares to take risks by betting such large amounts and make sure he is a gambler with more wealth so that whatever risk he will receive when betting he can accept it even if he has to lose the money.
In gambling and betting, there will definitely always be wins and losses, especially in sports betting, there are bound to be many unreasonable final results or manipulation because in every match, if there is a large amount of betting money in it, it's no wonder that action takes place. the.
So that anyone who bets on a match must always be careful and not make the wrong move in determining what is at stake.

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Quote from: paxmao on March 09, 2023, 04:04:57 PM

Quote from: maydna on March 07, 2023, 11:53:06 AM

Quote from: AicecreaME on March 07, 2023, 05:48:40 AM

Quote from: delfastTions on March 07, 2023, 04:09:05 AM

Yeah! There could be many reasons why the guy made such a big, crazy bet and lost that $1.4M.

For example, I do not rule out that this is just a contractual bet made specifically to promote and advertise such an event. Moreover, the advertisement is not so much the guy himself, whom many now consider an idiot, but the casino itself, or rather the bookmaker, through which such a big loss was issued. We do not know many details of this event in order to somehow objectively assess such an event.
And who and how much received from such a deal.

It's possible that this is all plotted from the very beginning to make a noise and stir some speculations and gather attention to the casino website the gambler has lost his millions of dollar, which to be specific, amounted to 1.4 million dollar. Since this is such a big amount, it could be happen to be sponsored. But if that's not the case, it's also possible that the gambler just happen to misclicked or misread the numbers he typed and input, thus amounting to such huge amount of money placed for a single bet.

It's also possible that he trusted so much to the point he was so sure the team he bet on wouldn't lose, but unexpected turn of event happened, thus losing the supposedly "guaranteed win". We'll never really know because there are endless possible reasons. But bottom point would be, always double check your bet, and just bet what you can only afford to lose.

There are many possibilities that could have happened in that bet and we speculate that he has written the wrong number in the bet, which means it is a very large number. And he probably didn't expect that it would cause him such a huge loss even though he might still have other money. But still he would probably be saddened by such a huge loss and he should have realized his mistake and would not repeat it in the future. But if he is a gambler who often uses big money to gamble, it will mean nothing to him because he can definitely accept whatever the outcome is. And we little gamblers should always check everything before we hit that bet button.

The theory of the wrong number or a keying mistake is not impossible, but bear in mind that we are talking about such a large figure that the first "problem" is that he had that into the account and the "second problem" is that the site or place did not asked the guy something like "are you sure dude?" Even without an extra "zero" in the wrong place, it would still be 114.000

I'm on the side that it's a valid bet that the gambler place, just my own opinion though as you said there are instances that mistake can take place but with such a huge amount of money either gambler is careless or there's no option to cancel after placing it. So he might accept the fact that he will take it win or lose, and sad thing that even it's a high-percentage chance he still loses the bet.

There's nothing that can be done aside from accepting that huge lost/mistake and move forward. He can't take it back to the house
is enjoying with that huge loss.

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Quote from: BobK71 on March 07, 2023, 05:54:17 AM

Usually losses by the odds of 1.01 is comparatively less. But it's nothing but bad luck and he had to lose from that particular bet.

I wouldn't blame everything on bad luck. If you never bet and decide to make a one-time only bet with 99% chance of winning, then you can call this bad luck. But I'll be guessing that unfortunate guy made similar low-payout-high-chance bets in the past, felt invincible, and pushed it a bit too far. If you keep risking money like that over and over again, the loss is inevitable.

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Quote from: maydna on March 07, 2023, 11:53:06 AM

Quote from: AicecreaME on March 07, 2023, 05:48:40 AM

Quote from: delfastTions on March 07, 2023, 04:09:05 AM

Yeah! There could be many reasons why the guy made such a big, crazy bet and lost that $1.4M.

For example, I do not rule out that this is just a contractual bet made specifically to promote and advertise such an event. Moreover, the advertisement is not so much the guy himself, whom many now consider an idiot, but the casino itself, or rather the bookmaker, through which such a big loss was issued. We do not know many details of this event in order to somehow objectively assess such an event.
And who and how much received from such a deal.

It's possible that this is all plotted from the very beginning to make a noise and stir some speculations and gather attention to the casino website the gambler has lost his millions of dollar, which to be specific, amounted to 1.4 million dollar. Since this is such a big amount, it could be happen to be sponsored. But if that's not the case, it's also possible that the gambler just happen to misclicked or misread the numbers he typed and input, thus amounting to such huge amount of money placed for a single bet.

It's also possible that he trusted so much to the point he was so sure the team he bet on wouldn't lose, but unexpected turn of event happened, thus losing the supposedly "guaranteed win". We'll never really know because there are endless possible reasons. But bottom point would be, always double check your bet, and just bet what you can only afford to lose.

There are many possibilities that could have happened in that bet and we speculate that he has written the wrong number in the bet, which means it is a very large number. And he probably didn't expect that it would cause him such a huge loss even though he might still have other money. But still he would probably be saddened by such a huge loss and he should have realized his mistake and would not repeat it in the future. But if he is a gambler who often uses big money to gamble, it will mean nothing to him because he can definitely accept whatever the outcome is. And we little gamblers should always check everything before we hit that bet button.

The theory of the wrong number or a keying mistake is not impossible, but bear in mind that we are talking about such a large figure that the first "problem" is that he had that into the account and the "second problem" is that the site or place did not asked the guy something like "are you sure dude?" Even without an extra "zero" in the wrong place, it would still be 114.000

Jossque

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Unbelievable.
This exists in real life and will continue to exist. No matter how much it seems guaranteed, it means that nothing is actually guaranteed. The size of the money lost with a rate of 1.01 is obvious.
Betting has a risk and people bet here by taking this risk. This risk is visibly reflected in the odds. We choose accordingly, it would be less or more. In fact, it is more correct to choose what makes sense to us.

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Quote from: Desmong on February 27, 2023, 04:21:53 PM

Gambling is all about risk so if we know how to take good risk that will yield a good output then whatsoever the strategy we used will worth it. Losing to the house is a painful experience especially when you have all your hope on the game or bet before losing it. The most painful part is when we are having a consistent loses over the time of our betting.

Life in general is a risk and gambling is a game for the strong because nothing is guaranteed in gambling and there was these local definition I gave to gambling as a free way of Making huge profits from absolutely nothing.

At such, people should know that nothing is certain in gambling and I really want to know how the gambler has been copping after losing such bet and because I think this bloggers should always do well to update us with news or updates relating to a previous news they have posted especially cases like this that people really need to learn from.
I really don't know why people why people have so much mind to go into a bet with such amount of money and I guess they must be super rich to make such attempts.

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Quote from: Silberman on March 09, 2023, 02:30:45 PM

Quote from: BobK71 on March 07, 2023, 05:54:17 AM

If we consider outside of the language of gambling then this is a big amount and the person was not right to bet with such amount. But if we describe it in gambling terms then it is very simple because win or loss is a common aspects of gambling. Although large amount of money is used in this bet. However, in gambling bettors participate in betting with having the risk. A gambler who placed such a large bet against such small odds he may thought would win or he took a risk. Usually losses by the odds of 1.01 is comparatively less. But it's nothing but bad luck and he had to lose from that particular bet.

Any bet that has that kind of odds is almost a sure thing, however if he was the kind of gambler that liked to make bets on those kind of outcomes with a very high probability of happening then it was just a matter of time until they found themselves in a situation in which they lost their bet as something completely unexpected happened during the game, so it would not surprise me if this huge bet was in fact the whole gambling capital this person had at the time and lost everything in a matter of minutes.

Who wouldn't really be having those thoughts?

We could see that it do give out that 1.08x specifically which had been told above or in op, which it would be giving out that impression that this is really indeed a sure bet considering with those odds
been given by oddmakers or bookies then it would really be giving out that kind of assurance or confidence of a certain bettor that this is really indeed a one sided match. The thing we do miss out
is that we do know that upsets could really happen on a match.No matter how well or good your opponent or enemy would be but still the chance on having an upset from an underdog team.
This isnt the first time we've seen these upsets and this is why its never been ideal that you would be having those all in type of betting.

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Quote from: BobK71 on March 07, 2023, 05:54:17 AM

If we consider outside of the language of gambling then this is a big amount and the person was not right to bet with such amount. But if we describe it in gambling terms then it is very simple because win or loss is a common aspects of gambling. Although large amount of money is used in this bet. However, in gambling bettors participate in betting with having the risk. A gambler who placed such a large bet against such small odds he may thought would win or he took a risk. Usually losses by the odds of 1.01 is comparatively less. But it's nothing but bad luck and he had to lose from that particular bet.

Any bet that has that kind of odds is almost a sure thing, however if he was the kind of gambler that liked to make bets on those kind of outcomes with a very high probability of happening then it was just a matter of time until they found themselves in a situation in which they lost their bet as something completely unexpected happened during the game, so it would not surprise me if this huge bet was in fact the whole gambling capital this person had at the time and lost everything in a matter of minutes.

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Quote from: AicecreaME on March 07, 2023, 05:48:40 AM

Quote from: delfastTions on March 07, 2023, 04:09:05 AM

Yeah! There could be many reasons why the guy made such a big, crazy bet and lost that $1.4M.

For example, I do not rule out that this is just a contractual bet made specifically to promote and advertise such an event. Moreover, the advertisement is not so much the guy himself, whom many now consider an idiot, but the casino itself, or rather the bookmaker, through which such a big loss was issued. We do not know many details of this event in order to somehow objectively assess such an event.
And who and how much received from such a deal.

It's possible that this is all plotted from the very beginning to make a noise and stir some speculations and gather attention to the casino website the gambler has lost his millions of dollar, which to be specific, amounted to 1.4 million dollar. Since this is such a big amount, it could be happen to be sponsored. But if that's not the case, it's also possible that the gambler just happen to misclicked or misread the numbers he typed and input, thus amounting to such huge amount of money placed for a single bet.

It's also possible that he trusted so much to the point he was so sure the team he bet on wouldn't lose, but unexpected turn of event happened, thus losing the supposedly "guaranteed win". We'll never really know because there are endless possible reasons. But bottom point would be, always double check your bet, and just bet what you can only afford to lose.

There are many possibilities that could have happened in that bet and we speculate that he has written the wrong number in the bet, which means it is a very large number. And he probably didn't expect that it would cause him such a huge loss even though he might still have other money. But still he would probably be saddened by such a huge loss and he should have realized his mistake and would not repeat it in the future. But if he is a gambler who often uses big money to gamble, it will mean nothing to him because he can definitely accept whatever the outcome is. And we little gamblers should always check everything before we hit that bet button.

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Quote from: Odusko on March 06, 2023, 02:17:15 PM

Quote from: gabbie2010 on March 06, 2023, 02:01:22 PM

Quote from: RILWAN on March 02, 2023, 01:26:31 PM

Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.

The issue here is about gambling with such a huge fund hopefully to win 1,512,000 which is quite a reasonable amount of profit unfortunately lost the bet because it's too risky and probably the gambler envisaged that it's a sure bet of course nothing is sure in gambling especially in soccer bets where unset is created on regular basis leading to massive losses by gamblers, personally I will only accumulate 2 or 3 games with an odd of 2.0 and use 10% of the total amount to play the bet, while consistent winning with this strategy is bette and profitable in a long run.

No matter how sure the odds are we shouldn't risk such a huge amount on the bet, but come to think of it from the gambler's point of view, he may have thought that he will be so lucky to win such an incredible and ridiculous bet judging from the odds.
My thought on the gambler's behaviour is that the player show early sign of addiction, and if that the case then he need to stay off gambling for a while because 1.4 million can change a life in most places around the world.

If we consider outside of the language of gambling then this is a big amount and the person was not right to bet with such amount. But if we describe it in gambling terms then it is very simple because win or loss is a common aspects of gambling. Although large amount of money is used in this bet. However, in gambling bettors participate in betting with having the risk. A gambler who placed such a large bet against such small odds he may thought would win or he took a risk. Usually losses by the odds of 1.01 is comparatively less. But it's nothing but bad luck and he had to lose from that particular bet.

Topic: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! - page 30. (Read 8226 times)