Against the odds your wagering with or
The wager in itself.
Now, 1.01 odd is what you might consider a safe bet, a sure odd to produce good result and as such, the gambler choose to neglect the risk in the wager amount in $1.414m as the odds was already promising.
$14k is a good win when you wager within the range $100-$1000 and about that point.
What the gambler failed to put into comparison here is the risk to reward ratio. The gambler just don’t do the maths else, it was a reckless attempt given that, anything do happen in a game, not minding the odds.