that guy is putting his million dollar bankroll at low odds hoping just a small win is okay. and while he may lose millions of dollars, it doesn't matter to him that it may not be part of his entire fortune.
99% chance of winning there is still 1% chance of losing. sometimes a gambler ignores these things.
if you think about it it's true that the wrong move when betting millions of dollars at odds of 1.01 is just ridiculous. because for the sake of a little profit he dared to take a 1% risk of losing and in the end it happened.
even though there are lots of odds options above 1.5 which might be more profitable. who knows what he thought at that time risking for the sake of a small profit opportunity.
When you do have millions of dollars or simply being rich then its impossible that you cant be able to picture out those risk and it is really just that there are people who do really be able to burn up their money on just
simply trying out to earn peanuts which it isnt even worth or just simply they are really that too much confident on such bet.Its true that even its 99% winning rate but still that 1% could possibly hit.
This is always the case that would happen if you are really putting all in on a certain bet and lose up big time and just trying to snip up some small wins.Yes, we dont know if this is his overall
riches considering that he had millions and able to make bets out of that then assume that he had lots.
but from the statement above I remember something that not all gamblers gamble to get money or just to multiply money, but some gamblers bet for fun. well, that could be included in the category of gamblers who bet just for fun.
because judging from some of the statements, it doesn't look like the man lost even though he clearly lost 1 million dollars. at least if he bets $1 million to win and he loses instead, he should have a regret-like reaction. but he seems to feel that everything is fine.
