Topic: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! - page 32. (Read 8226 times)

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

However, if we talk about what you are talking about, then of course it is worth drawing a boundary line between the losses of money for a loss that are acceptable for each specific player, and, accordingly, completely unacceptable. 
Obviously, unacceptable loss of money leads to serious problems in the lives of such people.  Here in the topic, they are discussing the loss on a completely gigantic scale for most people.  With that kind of money, most people in the world could live without working all their lives.  Yes, and receive interest from bank deposits on which you can live even without losing the main capital.  Obviously, for a player who lost $1.4M, such an amount is acceptable if he has tens or hundreds of millions of dollars. 
Only then can we consider that such a big loss is somehow we can understand and not even condemn such a dashing player too much.

~snip~

If you are capable to handle the risk there no problem at all, if you are a type of gambler where you can just move forward whatever the outcome might be, but in a serious note $1.4M is something that not many can really take for a single bet, even the chances of winning is high that's still huge amount that you are placing where upset can still happen.

Gambling environment always accompany of risk whatever the percentage of winning if luck is not at your side, losing is for real.

Everything has its own risk. Even the decision we make in our daily lives has its risks. We might benefit from it and we might not. It might bring something good or make a situation worse. A single decision can make a huge impact, so it's better to always evaluate our decisions before putting them into actions. Gambling is one of those many things that possess a great risk. If you don't want to lose, then better to not try gambling. One must know the pros and cons of gambling. One day, you might win; the next day, you might lose it all. If you are not prepared and brave enough to experience series of failures and downfalls, then do not in any way engage in betting or playing gambling games for your own sake.

The moment you start gambling, you should be prepared of the consequences. You must only bet what you can afford to lose, otherwise, you'll regret big time later on. It's wise to set up a budget allocation before gambling to not overspend. Additionally, one must not be confident so much to the point you'll bet an amount you can't really afford to let go in a snap. There's no guaranteed win despite having a reliable team or player to bet on. Hence, betting in moderation and responsibly should be done. Avoid the hype and thrill as much as possible because you might not notice everything you've won might be gone at once.

Preparation is very important in risk taking because there are numbers of factors that need to be considered when taking the risk, those factors are very essential to our overall well being when the outcome of the risk arrive in fact there is no need to risk anything if you are not sure what the outcome may be and if you are prepared enough to face the outcome.
The thing about risk is that it can be beneficial and at the same time very drastic if not properly calculated and in football betting we must be smart enough to make every step based on calculation and factual analysis.

^[snip]
Gambling environment always accompany of risk whatever the percentage of winning if luck is not at your side, losing is for real.

Obviously, for a player who lost $1.4M, such an amount is acceptable if he has tens or hundreds of millions of dollars. 

Look, I aint no expert on sports bettin, but I know enough to tel ya that it's a risky busness, especially when you're betting on the little guys or long shots. Don't get me wrong, it's cool to dream big and all, but you gotta remember to keep it real and only bet what you can afford to lose. And let's not forget about the thrill of the game, it's easy to get carried away and forget about the risks involved. I mean, can you even imagine losing $1.4 milion?! That's some serious dough! So, my advice to you is to stay balanced and not let your emotions get in the way of makin smart decisions. It's always better to be prepared and not take unnecessary risks, amirite?

I don`t think so. This is a normal strategy when you have lots of money. You get a small profit, but with such a bet and such an odd - it may be called "guaranteed income". You can get $10.000-$50.000 from each bet and there are lots of such bets every week. But there is a chance to lose all. Like the OP told us. The main question how much he got before this bet.

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.