Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
0.05 is little big you can also do 0.1 martingale which is so risky i saw a guy won like 50 btc by doing this and some other 1 btc bet low payout he made some and he already withdraw it after he made some profit
yeppp indeed i saw in bitdice someone doing hundred bitcoin martingaled ,
and he won around 50 bitcoin by doing that high amount bet continuously ,
but i don't think it is a good example ,
as thinking about higher bets = higher profit are a wrong mindset.
in betking, there has been someone who has been winning 50btc each day when i invested. So i keep seeing the betking investor pool keep falling every day and many pulled out. But that is the power of probability, the house edge manage to come in and one day the same gambler lost up to 1000btc. From then on, i can see that the gambler quit.
i know , house edge always have a better side than us as a gambler ,
they know how to make money from a greedy gambler ,
when you have won 100bitcoin you feel not enough and want more than 100 ,
in the end you just broke like what you said about someone who lost 1,000 bitcoin ,
so nothing can guarantee you to become rich with this higher bet.