Bet big to win big? Or bet small over a long time to be safer?
I won't risk either , that is a big amount in my country, equvalent of 2 months and a half of an ordinary worker. I would have used it to more useful things than gambling.
I spend more than two months to collect 1 BTC so I dont think I will risk it all at gambling. Gambling is just for entertainment and whatever the end result will, I dont want to get a long headache because of it. But for some other people that has a good financial background, betting with 1 BTC is very common and he can afford to do so!
One BTC is quite high for most of us to bet on a single bet. I used to bet around 0.1 BTC when prices were less than 500 USD only on some specific matches, and now I reduced it around 0.07 to 0.05 BTC for each match. So far I never bet around 1 BTC in any game or match because I don't want to have such a high price entertainment.