This is normal in gambling, it doesn't matter whether the fund amount is big or small. Maybe the gambler now realizes how risky it was to bet such a large amount. There is no such thing as low risk in gambling and this gambler's loss will warn many more gamblers to make decisions without being overconfident. After seeing this loss, I was horrified to see how important it is to know the risks involved before making any financial decision.
Well, maybe it's normal for those who are used to losing a lot of money in gambling.
But those who see it will probably blame him because he has used a lot of money to bet and we always recommend betting small amounts.
The risk of losing in gambling will always be there and we have to be smart in managing the risk so it doesn't become big.
If we can avoid the risk of losing huge amounts of money, we will always be careful when using money to gamble.
the involve person is truly a Millionaire and not giving a big issue about losing a Million dollar , but if he is a ordinary person that only got a chance having this amount once in a lifetime? surely he will regret this forever or maybe end his life for good.
and avoid losing? this is something we cannot predict in gambling owrld.
We don't know if he really is a millionaire or someone who has that kind of money and uses it for gambling with the hope that he can win a lot of money from gambling.
What is clear, it was the wrong decision, especially when using that much money.
If it were me, I would regret it for the rest of my life, blame myself, and probably wouldn't be able to face life.
That is the biggest risk of gambling that can make us bankrupt and unable to get up again.
This is normal in gambling, it doesn't matter whether the fund amount is big or small. Maybe the gambler now realizes how risky it was to bet such a large amount. There is no such thing as low risk in gambling and this gambler's loss will warn many more gamblers to make decisions without being overconfident. After seeing this loss, I was horrified to see how important it is to know the risks involved before making any financial decision.
Well, maybe it's normal for those who are used to losing a lot of money in gambling.
But those who see it will probably blame him because he has used a lot of money to bet and we always recommend betting small amounts.
The risk of losing in gambling will always be there and we have to be smart in managing the risk so it doesn't become big.
If we can avoid the risk of losing huge amounts of money, we will always be careful when using money to gamble.
He can afford to gamble with this amount of money which means he was a millionaire. Having millions of dollars and using them in the most risky places without any risk management is not a good decision. He had to pay a huge price to understand that there is never 100% sure in betting. So it was a great lesson for him to learn by losing millions of dollars. And his experience will make other gamblers more interested in risk management.
And that is also a good lesson for us not to gamble using a lot of money.
Without having risk management and self-control, we will only accept the risk of losing money without being able to recover the amount we lost before.
Even though we can win from gambling, it cannot make up for lost money.
Especially if there are people who hope to get money from gambling, they will find it difficult to get it.