Term "wager strategy" is misleading in the title because it indicates it would be for profits. Calling it leveling up strategy would be more accurate.
It's not misleading, a wager strategy does not guarantee or indicate it will make any profit, what more we are more likely to lose than win. People use them to level up faster, but we use them in many daily/weekly competitions/promotions where everything is about wagering as well...
Wagering strategies are very risky, in order to get some rewards (from leveling up or some promotion) we have to be very lucky to survive and not lose everything in the process. If we lose everything at the very beginning, we won't even get to earn any consolation prize... I lost everything many times right before the end of the wagering wars... losing a few deposits and not getting the prize from wagering wars can be disappointing. And the prizes from lvl up and cash/rackeback are not even close to my losses.
All three videos are the same... they all chase small multies, two guys are raising stakes after loss and have stop-loss, and one plays without stop loss but he doesn't raise stakes after loss. After wagering a lot and suffering some losses all three of them advise "recovery" by playing some other game (also luck-based)...
With wagering a lot of money there comes certain excitement, we are forced to play aggressively and risk a lot. I have done this many times, and there are really good days when everything goes great. I wager a lot, when I try to recover I hit the "right bets" and from winning nicely and all the prizes the feeling is good. But sooner or later bad days come when nothing is working and we face crazy losing streaks on all odds, and we just lose money without winning anything.