Bitcoin Forum

This thread is inspired by the  thread created by sportsbet.io (https://bitcointalk.org/index.php?topic=5480517.0) about a lucky bettor who won $42 million on a $50 spin.

So let's discuss. This kind of win can be compelete considered based on luck, and the winner is so lucky that he hit the Jackpot. However, since the goal here is $42 million and you can only win that if you would bet $50 for one spin. So, do you have the courage to do that?

$50 has different values to different gamblers in different locations of the world. The song gamblers $50 is a very small amount that they can risk due to the value that their currency has but to others trying to bet or gamble with $50 will be irresponsible gambling to them, and it would mean that they are using more money to gamble than they can afford to lose which is what is being advised against in this forum from one gambler to another gambler. Bet $50 if you know that you can risk it and do not try it if you know that you cannot risk that amount.

Mind you, this is also the kind of winning news that can influence some gamblers in a negative way. Why!? There are some gamblers who don't take a break from gambling even if they are losing heavily. The reason is because they believe that the very moment they decide to take a break could be when they are supposed to be lucky to win; therefore, they don't take a break until they have lost all the money they want to gamble with for that day or probably won some money. There are some gamblers who will hear this news and want to keep gambling compulsively, while others will also believe in future luck, knowing that they could also get lucky any day.

@OP, don't allow other gamblers' wins to influence your gambling decision. You don't know about the financial status of that bettor who won $42 million. Wagering $50 on one spin is not what every gambler can do. Personally, for me, I would not wager $50 on one spin. Although it depends on how financially prepared I am before going to the casino that day,

I play slot game for quite some time and spend too a lot of money on spin. The winning chance rate on slot game to hit that kind of multiplier is unknown which makes it more difficult because you don’t have any idea what kind of risk you are taking besides the RTP.

$50 is a huge bet and I’d rather put it on blackjack instead of playing it on slot all-in because it will surely not gonna hit that huge amount unless you gather all the luck on earth when you made that spin.  :D

In reality, Only high roller can achieve that kind of win since his bet amount is too huge for slot single spin. Never dream to achieve that kind of win if you have a low bankroll.

Why it must be $50?

If you can bet $0.01 and has a chance to win $84K (if we calculate using the same ratio), I don't think $84K is small for most people including the first world country. The amount to spin isn't the problem, the real problem is luck since most people don't have it or not yet happen.

Take it or leave it, there are gamblers that spend more than $200 to stake a bet and yet they may not have to win ioto this amount stated above, all because they can afford taking the risk, spending the money and being comfortable with gambling with huge amounts and not minding loosing them for nothing when the bet does not come, I think they are doing this because they can afford to use such amount of money on gambling, we must also cut our clothes according to our size, there's high probability of loosing while gambling then winning.

If I can gamble with $5 to win $4.2 million, I think I will be satisfied with that. $4.2 can be life changing. Anyone that has that kind of money is a rich person already. Or I can even be satisfied with gambling with $0.5 to win $420000. If I have that kind of money, I am a rich man already. I do not like to gamble with huge amount of money. $50 to gamble is already getting high for me.

I believe 50$ is considered high bet in general globally for a slot bet since even influencers that has fake balance usually bet lower amount than this which means 50$ is huge in general that normal gamblers can’t afford.

The recent new about huge jackpot win sportsbet.io is one of a kind win since the base bet is already high while the multiplier hit is high too which is very rare to be hit in sync.

I won’t wager that amount for $42 million dollars because we’re talking about gambling here.

Like I said in a different thread, for that dude to be able to use $50 in a single means he has money, there are streamers who have up to a million in their bankroll yet you won’t see them raise their stake that high – so for me it’s a no go area cos there’s a high chance that I’ll wager up to $50 million dollars and still end up with nothing.

I honestly do not have such courage at the moment, $50 is a lot of money if converted to my country's currency, having to wager that amount on each spin on a slot game for a chance to win $42 million dollars is definitely worth it, but I won't try it, owning to the fact that slot games are completely based on luck, there is a very high chance that in this process, one might lose more than a million dollars, and still will not win that jackpot of $42 million dollars.

But on the other hand though, when I become a Billionaire in dollars, $50  dollars to me then will be like $0.5, I would definitely wager even more than that on each spin for a chance to win $42 million dollars, but in my present financial state, it's a no no,  l will never try such.

Betting 50$ each spin on a slot is a high roller thing. I don't think I can afford that kind of spin on a slot. Also, I'm not lucky on slots, I haven't won any remarkable amount since then. Maybe on other games like crash, I can achieve that kind of win with that kind of bet. It's just that 50$ is pretty out of my budget. I also don't think that I can achieve that kind of amount on a single gambling session, it require an unbelievable luck and guts to achieve that kind of win. So lucky for the jackpot winner.

I don't think this question has a universal or general answer. And this is because, betting stakes depends on the person placing the bet. To some persons $50 could be a huge sum of money and to some other persons it could be some change. This view of how huge a stake is , is perceived differently by different individuals based on some factors like location and even the financial status of the person.
If the person in question bets huge amounts of cash on a regular basis $50 may not be much of a big deal. In general most rich persons will deem it a worthy shot , and other less financially fit persons may see it as a risky deal not worth taking and therefore forfeit the bet.
Besides some spin games can even have winnings with a probability of sometimes less than 15%. Anyways $50 is kinda worth a $42M win for most person but taking that risk can be difficult.

$50 is a big amount for a slot spin. We even complained that BigMac today cost $20 already, I'm sure $50 is more than just a a BigMac. $0.20 per spin is already costly if you are playing on the real slot machine near your gas station.

I wouldn't even try to hit that $42M goal even if I had the money to spend. Aren't what they always say play only the amount you can afford to lose?
So if that $42M outweighs gambling to be entertained and have fun then a person might just spend $50.

If you know the luck, who wouldn't? $50 is relatively big for me but if you know the result will be more than that then I dare to bet in a $50 round.

Because this is luck so it is not certain that people dare to do a large amount, for them maybe $50 is quite small because of the habit of betting more than that, anyways this is unexpected luck and who would have thought the winner would get $42 million in this round.

Because it is luck, I don't dare to bet a large amount, I'm not willing to lose $50 if it loses.

Don't blame the news, this is reality, it was shared by one of the reputable gambling sites in the crypto space. Everyone can share bad and good experience in gambling, and this news just prove that anyone can be a millionaire in gambling. However, despite that possiblity, it's always important to ensure that we are gambling responsiblly, and that we know how to manage our funds.

If there are gamblers who aim to win $42 million but can't afford to bet $50 on a spin, but because of greediness, they'll find a way to produce that money despite it will affect them financially if the outcome is negative, that's their fault. Everyone can see the same news but they don't interpret the same way.

There are responsible and irresponsible gamblers in the world, those irresponsible made their own choice, so they need to learn from their own mistake. We don't baby sit them, the fact that they are already here, they are expected to know the risk already and responsible enough to manage it.


I don't mind though, but one day if I could afford $50 for a spin, I would try to bet. But like I emphasized, we need to be responsible enough, if we can't afford to risk that bet, let us not force to go for the reward by trying our luck. We are 18+, we don't think like minors, and we have to be responsible with our actions.

Lastly, avoid this word, "BLAME" ^{(either blame yourself or gambling itself)} as that's too negative as a gambler. 

Hell no, to bet $50 per spin I think I must have a decent balance approx $50k at least.
I might able to do 2k to 3k spins with that balance while to trigger the jackpot like that usually need millions of spins.

I wonder how much did the winner lose on slots before he won that?

$42 million is very large amount and whoever can get it will be one of the luckiest gamblers because they can use the winnings to do business and change their lives.
It just that seeing that one round is $50 then I would say that these people are rich gamblers, for small gamblers I'm sure they can't possibly afford to take part in round with such large bet amount.
I and most other small gamblers can bet $1 to $2 on each spin, which is already quite a big bet. Just imagine if chasing the jackpot requires lots of spins that reach tens of hundreds of spins, then $50 wouldn't that cost very large budget.
I myself used $50 already in one gaming session which consisted of quite lot of rounds and if I had to use it in one round then honestly I would never be able to do it.
But the jackpot amount of $42 million is very tempting number and those rich people are definitely interested and try their luck in betting on it, of course they will spend thousands of dollars.

If only there were smaller bets with smaller jackpot amounts, maybe this could be an opportunity for small gamblers to be able to participate and of course there would be more gamblers able to risk their money.
Gambling is full of uncertainty and should gamble according to ability because when use ability to bet it will only bring problems because have to lose more money which is clearly unacceptable to lose.

This can be a like a attractive for someone to think of trying too whether we can win such amount of money even though it's not that close. The aim is to keep benefiting from gambling and if we don't then we have to look for a way to get things right to that luck would start working for us too. Winning such amount of money is very appealing for us if we know how to mix things up that will give us the opportunity and luck to win such crazy amount. My dream is not to win something as big as that in gambling so it wouldn't make me or increase my urge as gambling try to earn as I keep betting.

in the other thread I wished congratulations to the winner, but when we look at the amount of money he was betting in each round, we can easily conclude that the guy had a lot of money in his account, I don't know for how many days and how many hours a day the guy was there playing until he manages to win, but if we suppose that the guy spent 2 hours a day playing and placing 50$ in each round we could reach a very high value of money, maybe the guy had more than 1 million dollars to keep playing until he managed to win. win those 43 million dollars. In my opinion the guy probably lost a lot, so even if he managed to win that 43 million dollars they still probably managed to recover 25% of the money he already spent since he started playing.

It would be difficult for him to win that much money and end up with a profit of 3x, people who win a lot of money and because they also spent a lot of time playing to the point that the money they lost was a very high amount. In my case, I wouldn't risk spending hours playing and especially placing $50 on each spin, even if one day I were rich, because money runs out no matter the amount of money, it eventually runs out if the person isn't controlling their spending. of the money. Let's imagine that a person has 10 billion US dollars in their account and is only 30 years old. then this person starts to think that the money he has will never end

so that person starts playing every day in the casinos and puts $50 on each spin and at the end of the day that person loses $10,000, after 1 month that person will have lost $300,000, after 1 year that person will have lost $3,600,000 By the time they reach 60 years of age, they will have already lost all their money because every month they will have to pay bills such as water, electricity, taxes, and civil servants. The rich have companies and when a person becomes addicted he forgets everything about the real world and consequently will sell all companies and businesses will stop because he will only focus on the game. So I wouldn't do this kind of thing and play a lot even if one day I was rich, because all money ends if the person doesn't manage it properly.

The win amount is exceptionally big in spending $50 to get 42 million. But how many such jackpots can be won if a person spins normally? Of course, it is not possible for all or some of the gamblers to get such a big win unless they are lucky. As a casual gambler I think $50 is definitely a big amount. If I don't win a few spin bets, I'm a big loser. Which is difficult for me.  In gambling luck is not equal for everyone. But it is very useful for those who have a lot of money and who dare to take risk. There is no strategy in such gambling, if luck is good, one can win more. I can't bet with 50 dollars but if it's between 1-5 dollars I can try few times.

Luck that is so missed by every player who dares to bet on a big bet as did the player who won the $42 million jackpot on the Sportsbet site. The courage to play on big bets that not all players dare to do it.
In 100 players, maybe only a few people who dare to bet on big bets considering that placing large bets will not be enough to pursue the jackpot.

If I dare, but I need a big capital so that I can continue to play so that I can get the biggest jackpot.
For me, a slot game is a lucky game with an algorithm system.

Agree with this mate $50 is gas different value in different places around the world but one thing for sure if a gambler have enough money then why not to risk $50 and have a chance to win $42million Wich is pretty big enough that can make you rich once you are in the country that the price of dollars are too big . But if a small gamblers then they will choose to watch than risking their money that have small percentage of winning.

I actually often do that when I get free money from a casino, either from a giveaway or an airdrop, usually I will put all my money into one game and one round in a casino game such as Limbo or Crash, but if I use my own money of course I won't try it either. let alone betting with $50 for one spin, that would just be a waste of my money, I definitely wouldn't be lucky to get that jackpot and that person is very lucky.

Anyone can get the jackpot as long as luck is on his side, $42 million is not a small amount of money and also $50 is not a small amount of money for me to bet on, he may just be desperate so he doesn't think that he will get the jackpot or indeed he has also spent a lot of money so he is desperate. his hope came to fruition. It's nice to see someone win the jackpot at the casino and I hope it's not a set win.  ;D

Sportsbet has announced the winning of that jackpot on the forum as well as on twitter and there might be another place. But they have never posted any update about how many people have lost and will never post like that. It is one of the best marketing way to post the large wins of a gambler.

This is a jackpot winning and one is considered to be highly lucky to hit such an amount of winning with a low amount such as $50, I believe spinning is solely based on luck and for that it could only be a miracle but if am sure I am going to win such an amount why not risking $50 on such bet is what anyone will do.

And if you are lucky to hit that jackpot winning,  your financial fortune will be changed forever with that amount in your pocket.

So anyone in my condition will sure take such bet in a good condition, even though $50 on a bet will be the highest stake for me in just one game,  but the bigger the stake the higher the rewards.

I don't think I would be willing to even able to try to pull off something like it, to be honest.
I don't think I would even have enough money to have a reasonable number of chances to go for such a live changing amount of money.
In my opinion, someone who tries actively to reach and go after such a big jackpot spending 50$ per spin, is supposed to already be in a pretty comfortable economical position to begining with.

If anything, this story of this fortunate gambler should be more like an example of that casino being fair and paying to their users regardless of the amount, if we feel in any way encouraged to gamble there or in any other platform, then it should always be within our own budget and never try to imitate the high luck of others by other stretching what we can afford to wager at the same time.
Just be responsible and have fun and the rest of what happens in the casino is supposed to be a gain, either economical or through experiences.  :P

On the one hand, the stakes are quite low and the jackpot size is quite weighty. On the other hand, you can spend a fortune in pursuit of the hope that the next bet will bring you the desired result. However, it is worth considering that the probability of winning is determined by the program, and it can give out jackpots to those who have connections with the owner of the casino

It is a risk worth taking and I do try my luck with small stake to win huge amount. The losses are high, so high that winning it just look like magic. All the same, this is the type of risk one should be taking once I a while, who knows when luck will be on one's side.

I think this post has the tendency of reinstating the zeal to continue doing it again. Gambling can truly transform life if followed with sense because being careless with the planning can be dangerous.

you have to ask yourself if you are really willing to spend $50 for a spin to win that 42M.  i don't feel lucky to win 42M but i would rather try that $0.25 to win $2000 i guess i have more spin to enjoy my $50 passing my time in a casino as it's like a numbers game. the more chances a gambler can win than a few spins, especially with a capital of just $200.

you are just too optimistic to try spinning $50 to hit the jackpot $42M while your capital is less than $1000.

Maybe for you it is quite low but for some or for those poor bettors, the amount is already huge. But if let say I know that I will hit the jackpot if I bet $50 for a single time only, I am willing to risk my salary for it. Sadly it does not work like that. So, it's important to not hope for it but just play the natural way.

There are odds in a casino but some games like slots are random, so there is no way that a program can determine or specifically pick a winner, especially if like you said that they have a special connection to the casino. That is a shady practice and once the customers knows this or the staffs leak it because they have a conflict with the casino, it's a big risk for them.

We wouldn't know if the OP is motivated by the $42 million dollars win or he just wanted to know the community's feedback. To be honest, I doubt if I'd easily throw $50 on the spinning wheel. It's not that the amount is much. It's just that I don't trust the game and I feel the result can be manipulated. If the winner truly won it at one shot then he must be really lucky because there was a time I came across a topic where a user won freebitco win a Lambo jackpot after spending about $7000 or thereabout.

The $ 50 number will be different for the value of each country and if it is converted to their respective currencies with the target number of rounds then how much money they have to spend. Maybe a few people will be willing to take the opportunity to continue until the round is finished and our questions must finish how many rounds until they reach the final victory stage. Not everyone can be lucky to get a jackpot, therefore taking opportunities until the last round is very dependent on the financial structure that gamblers have.

If faced with me, the answer may depend on capital readiness and because of luck that is why people can be more interested in completing the round and not on opportunities that we can live responsibly. Courage must be seen from capital and if we have capital it might not be a problem to continue because even though we will fail to win the last round.

To use $50 for betting is nothing but not because someone has won it does not mean you are or will also have the luck. Someone has won $34,000 with $10 in my locality but those luck is not for everyone. And before you will win such amount, you must have loss enough and I have not heard of first time luck to hit such amount before. And any one who such amount for the stake is only to try the luck and really planning to win but when luck fall on him then the jackpot will open for him to take the price. Congratulations for the winner.

Ask the bettor haha he must be a well-off gambler who spins for $50. For me $50 is too much for a spin, I'm max at $1 per spin on any slot machine, $1 could hit the jackpot and would worth millions on my currency  ;D

Well that bettor must be on his luckiest day, $42 million is worth a billion on my country's currency, that means he is on top 500 on richest man in my country. We all have a luck, but we also need to consider timing, if you notice it on simple things then try to bigger ones, you might find it very obvious in a day. I'd take that $0.01 spin for a chance to win $84K, who would know I can get a lamborghini tomorrow just by sitting and clicking some buttons in an online casino? That would be the wildest dream of mine :))

It sounds tempting especially since you have a chance to be a millionaire, but the thing is $50 could be pricey and cheap for some gamblers, just imagine that $50 per spin with that amount there are people who can already do a lot with those, in my country, you can already pay up your bills with that amount or even buy groceries that could last for weeks. I think that people who mostly win in this kind of gambling do it for fun and win unexpectedly, this literally relies on luck since the probability of winning is low. It is indeed a life-changing winning amount, you can already live most of your life relaxing and enjoying, and also invest in many things. I would prefer to invest $50 daily in the DCA method and I can expect a huge return in the long term.

I believe that the value of $50 varies from one user to another depending on his financial level and his budget for gambling.  I think this will also vary from one geographical region to another depending on the level of economic development of the country.  For me personally, the amount of $50 is considered large, and no one else in my country can risk betting this amount repeatedly in a slot game.

In the main topic published by sportsbet, I had indicated that I was unable to believe that this actually happened, especially since no realistic proof could be provided.  This means that whoever will believe the news must be confident in the platform, which cannot be considered reliable evidence in all cases

I dont have the balls on doing that on which $50 per roll and you can imagine on how many rolls that you would really be needing? (Take note: winning isnt guaranteed).
You would really be finding up yourself on wrecking up in finances if you do have this kind of bet amount per roll. Pretty sure that certain guy is really that a huge gambler
or something that have huge funds too on which he did really be able to afford on making betting on 50 bucks per roll on which this is a feat that you cant
see everyday. Usually we do make bets on $1-5 maximum but having that 50 is something that tells you that this guys does have a huge bankroll
that he would be spending in gambling.

Going by the thread and following it into Sportsbet.io video of the specific spin that won the bettor $42 million, the bettor didn't he any form of outrageous multiplier so all the post taking about $5 would be equals to $4.2 million are quite wrong narrations, the bettor had a balance of $2K which is more than the average that anyone in this thread would use at a casino on spins, however, the bettor hit the Wowpot which is also a form of progressive jackpot but just a large and bigger one, and hitting such isn't determined by your stake or amount of spins, so if the better had use even 0.1$ on that same specific spin he would have won the $42 million as well, that's If I haven't misunderstood or I'm not mistaken by Steve and Sportsbet.io post about the grand winnings!

Generally gambling is a game of luck and whenever you put your mind to gambling you should be ready to let go of whatever amount you are willing to risk at the moment because it has a 50/50 chances of coming back to you and if it does it's definitely coming in a multiple folds except for losses which you loose the exact amount you did risked.

Knowing the risk involved and how lucky you could get if it turns out you are lucky, you could choose if you in for such risk,  by evaluation the percentage and ratio is very big and that means you are making much more multiple on that which you will be risking, except for the fact they it's gambling which means it's not guaranteed, I'm definitely going to risk it after all if I'm lucky, I'm recovering in multiple folds such that I can say the risk was worth it because it's much more multiple times bigger than that which you ha e risked, personally I will risk it but I will bring down my expectations

For sure they wont really be posting those kind of information yet this is something that confidential of course but also it isnt really that appealing that they would be posting up on how much a player
that totally lost before he do able to hit up that jackpot not unless if he had made out some few bets then it would really be something to be featured on which it would really be poking up
that huge interest into those people who have seen such news or announcement. They would be always be highlighting those huge wins rather than on making themselves
showing those overall losses on which its never been that appealing for them to do so. It is really just that be destroying the good vibe.  ;D

Given the right motivation and a sufficient bankroll, I will he able to do that. As a matter of fact, I think a lot of gamblers will readily do that since gambling is all about taking risks and putting best foot forward even if it's an uncertain situation.If I have a sufficient bankroll for those spins and a bit of luck on my hands, what's risk?

I read the thread by sportsbet and I was completely blown away yesterday. Given the size of the spin and win, I'm definitely sure that the gambler is no small player. He definitely has deep pockets and not a lot of people have that.

I agree with your opinion, we can gamble according to the limited funds used for allocation of gambling funds and we can place bets for $0.01 for hundreds of spins which can possibly get a higher chance of winning, we don't need to hope for a jackpot of $84k but imagine if we get profit of $1k or $5k just from a spin of $0.01, so we don't have the ambition to win high profits with high betting capital but we have to gamble responsibly and don't damage financial management just because of the ambition to win high profits, but you don't know the unpublicized risk of large losses of every gambler.

50$ for a single spin is a too expensive bet which is beyond my current possibilities. With 50$ I can play for several days, so it doesn't make sense to risk all this money at once with a slight chance of earning the 42$ million prize. These kinds of deals are only interesting through lotteries, as the tickets are pretty cheap, so they worth the risk of having only a tiny percentage of chance by your side.

Another idea would be to join a pool of gamblers, so instead of paying 50$, each of them would give 1$ in case there were 50 gamblers together. In winning case, the 42$ million would be split by 50. Through this method I think it would be a good idea and then I might consider joining the party.

Given the circumstances and how low the odds are of ever winning that game, I'd say I'll still push it for the hell of it.

Having a stake at something practically impossible is better than not having a stake at it at all. Even if the chances are so miniscule. But the thing is, many people may misconstrue this and suppose that they should take every chance they get at joining the lottery or whatever, which is a little victimizing in some levels cause at the end of the day, these are honeytraps meant to lure you in a perpetual chase for a win that you will statistically never get. In sportsbet's case, It's going to be a one-off rendezvous for me so I'm gonna take the chance cause it will still count towards my bankroll and as part of my gambling session for the day, and it's not like this is their biggest game offering, they're a sportsbetting site after all.

I feel like I'm going off a tangent here but all I'm really saying is that for games like these that are never meant to lure you in and are just a fun little way to gamble a small portion of your bankroll's content while you're out there actually gambling and placing bets on things that matter to you the most, I think it doesn't hurt to try.

Only rich people or gamblers who would really be having that kind of amount per roll on which its true that thats already a few days bet i can say basing up into my financial condition or status.
I cant really be able to afford even $100 spending on gambling in every month on which having that $50 per roll is something that too big and not everyone could do that.
It did really just turn out that he's rich and becomes even more richer by winning that jackpot. Just like on what others been saying that gambling could give out that kind of
opportunity and this is what are the things in mind by those gamblers who do keep on playing because of those kind of hopes and this is what
makes gambling business is so profitable.

You’ve got to be damn lucky to win $42 million playing with 50 bucks. It’s a long shot but I think if I’ve got enough to comfortably let go of $50, I might just give it a try.

Ordinarily, I wouldn’t play as the odds of winning is slim and almost nonexistent. With very little chance of winning, I wouldn’t bother playing.
If I’ve got enough money to comfortably have a few spins, I wouldn’t think much of the outcome as it’s obvious the odds of winning is really slim. I’m pretty sure we’ve got a lot of average income earners willing to spin, perhaps multiple times too, hoping to be lucky and end up losing a few hundred dollars.

If I know that I will win the jackpot or $42 million in a bet worth $50? Of course I will bet and take the risk, but that's not how gambling works we can determine when will we win or if we will win, gambling is all about luck and probability, maybe that person who won a huge amount of money from a small bet has the luck and hit the probability to win. Well, he is very luck but as we know we can't all have the same luck in gambling, this might trigger a lot of gamblers to gamble more and hope to win even though they will bet with a small amount but what if you frequently bet then if we sum it a gamble still waste a lot of money. I personally only bet will small or fair amount so the damage will not be too much, I don't hope to earn a lot or hit a jackpot but I'm open if I will win.

If I have a lot of funds then $50 to get $42 million, fucking yes!!! It's different if I have little funds, I won't do it. From ridiculous experience, this luck is very rare, and anyone can be lucky, for people who have small funds why waste $50 which is very hard to get, it is better to play for sure than to bet once and immediately run out of funds, losing the fun too quickly.

If it is just courage, $50 isn't that much to bet which I think why many people would agree of doing so. However, I'm not into probability games or game oc chances alone so I guess I won't do it. Nit because someone managed to win with such amount, it will be already for all of us to also do so. For sure it is not a single bet, therefore that won't be a single amount. Indeed the jackpot is so big and tempting however, I'll choose to engage it with sports betting in particular with NBA, 'coz I know to myself that I will enjoy it more. Odds aren't that big with sportsbetting especially with single bets but I'm fine with that and is not into that much of risk taking to have big returns. Winning a few amount while I enjoy doing that thing, is already enough for me. Also, at least my $50 will last for an hour or more than with few seconds in spin, kidding aside. You are not taking any risk if you knew that you will win the jackpot. On the same extent, $50 is nothing with $42 million in the first place, so I guess there's nothing much to be surprised of, if you would be willing to do it also.It is simply a 1:1m probability or even higher; nothing's earned easily 'coz if that's so, many gamblers should be rich by now.

Courage varies according to budget really, this isnt something universal as we all have different incomes and outgoings.  Some may be ok asset wise but have zero money left to spend on anything that isnt essential so the $50 bet is really not going to pay off most times.   You could make that bet every day for years and it wouldn't pay out, so we arent just saying $50 as if its a one off, its a massive gamble if you are considering actual realistic chances of betting.  Same reasons if I do a lottery with odds of a million to one, I generally am going to bet small like a few dollars because I know its going to be a weekly thing for a long time so it does add upto alot more then first recognized in all probability.


Just like that, Im surprised its so easy to do so.   On that amount of money I would immediately have to employ an accountant, a lawyer and a security guard maybe before the withdrawal.    Great publicity for all involved to have such a big win, its a win all round really and has to be so improbable and uncommon an event I dont blame them for making the most in publicity from it.

The first mistake is the one you mention, it is not about courage, it is about bank management and on that guideline you base the size of your bet, so, if you bet $1 it is because it is the corresponding bet, in the equivalent $50 bet because it's what you can do.

If that $50 is the only balance I have in my gambling account, i'd most likely pass on that opportunity because I don't have the same luck as the winner, and after checking the replay, it took him/her more than one spin before triggering the jackpot wheel. Instead of spending all of my money in a single spin where my chances of winning are close to none, i'm more inclined to play different casino games where I can have fun and take the chance to spend less money per bet.

I am not so lucky that I can win $42 million with $50. I have never felt so lucky. I always gamble with small capital I never gamble with big capital. Even if I participate in gambling with a small capital, my chances of winning the bet are high. Because I always choose sports sites for gambling. One of the reasons for choosing sports sites is that I am able to make good predictions for both teams of matches. I can make my own predictions on sports sites and I have found my predictions to be very successful  I will win less and I will never take part in betting for the sake of winning more.

the biggest win in history and I wouldn't do it for the reason that even though I have a lot of money I wouldn't give up $50 for one spin even though I saw a jackpot above $42m I wouldn't be tempted because "luck isn't sure to come"
as OP said, winning this big is very clear that it was just luck, betting with just $50, getting a very big and unexpected win
here I say about my honesty, it doesn't mean I'm a hypocrite, but the fact is that if I'm not lucky, for example, I have a budget of $5k with a betting amount of $50, even if my budget runs out, if I'm not lucky, I certainly won't be able to get a jackpot that big.

but if the concept changes to are you willing to bet $50 on one spin to get a guaranteed win of $42 I would answer very strongly that I would be willing to even one spin of $5000 I would be willing to do it if I got a guarantee. ;D

but the question is, does someone who wins this victory still live on earth or has moved to another planet to buy their own country. ::)

these are just odds it doesn't mean we can win $42 in that spin. but you can try anything. I think spending $50 for some people is a lot of money for some people who don't have a lot of free money. For those of you who have great gambling experience, this is very suitable. For example, this is an interesting sports betting. I would join but $50 is a lot for me. so I will wait for the next interesting event. I'm sure sportsbet always offers interesting offers.

It will really depend on my economic capabilities, if the economy is like now I'm sure not because $50 is usually the limit I make a deposit, and I'm also quite sure if a player only makes a deposit under $1000 he won't dare to do it either because he will only get a few spins and even though this is based on luck where we can get it, in my opinion there is a greater chance that the money will run out faster compared to getting that fantastic win
Maybe those who will dare to do this are high rollers or people like Drake who have a net worth of hundreds of millions of dollars and also earn income from gambling activities so losing a lot to chase $42 million is not a problem, because he will be able to continue funding his game at any time, while small players will prefer to bet small amounts to can enjoy gambling for longer rather than chasing big wins.

That's correct, they miss watching the video and it's really a progressive jackpot that every spin that won't hit the jackpot price, it will be added. I don't what was the base amount of the jackpot, but for it to reach that (high $42 million), that jackpot was sure hasn't hit for quite some time, so your $50 could hit only $1 million or lower if it was hit earlier.

Is it a guaranteed win or just to have a chance? If it was a guarantee then hell yea I'd do it, if it was a chance only then I'd have to think a bit more depending on my current circumstances. $50 is a pretty big thing to spend in one instance in my country just to gamble in one sitting. I might try it after payday though, should be possible I probably wouldn't have much to spend for myself for the rest of the time till I get my next pay.

Still looks appealing regardless of my chances though tbf.

Non sense. No gambling site that is operating on their right minds would guarantee you to win $42 million for $50 bet. Of course, this is a question measuring how courageous you are in taking a high risk bet for a bigger reward. If you can't take risk, then gambling is simply not for you.

If I knew that with that $50, I could win $42 million, I would want to spend that $50 ;D

But we don't know when we can win that big money. That's what keeps people trying to play slots. They want to get the jackpot prize. I don't have that courage because it could make me curious to try playing it again.

Congratulations to that guy. He is a brave man who took the risk of losing $50. But he was really lucky to get the jackpot prize. Only a few people are as lucky as him.

Basically a person's luck is the most important thing in gambling, whose luck is the only one who can win the jackpot. If a person depends on luck then that person can definitely win his bets and I believe he who is not lucky can never win big bets. Since this man won the $42 million jackpot by betting $50, it is the biggest win for him. It is mainly because of his luck that he is able to win such a big jackpot, not everyone is lucky enough to win the jackpot. I have bet many times but never won such a bet, that's why I think it is never possible for me to win such a big bet, only lucky ones are able to win the jackpot.

If you frequently gamble, then the answer would be yes, as this amount might be a regular bet. However, if you are not an avid gambler and only see people winning large sums of money by getting lucky, you may be tempted to start playing and hope to win the same amount by betting $50. But in reality, you will most likely end up disappointed in the end.

Winning a large sum of money through betting with a small amount of money is a matter of pure luck. Only a few people around the world can win such an amount by betting a small sum of money. However, they should know that it usually takes a lot of losses before there is even a chance to win such a large sum of money, and often, there may be no chance at all.

No, even If I have the same funds as that guy that I can afford to lose, I won't. what happened was complete luck and there is no guarantee that I will be able to be as lucky as him. I guess we'll just have to say that, that guy has more courage than me and there is nothing wrong with that, we just have different mindsets.

If you have the funds, then, for me, there's no problem using the $50-bet.
Consider the fact that it is not big money especially for high rollers.
But if you consider yourself, your financial status, then it is up to you if you can afford such amount of single bet.
On my end, I won't risk such amount as I am very conservative with my gambling activities these days.
Can't afford to bet 50 bucks in one go, which the chance of losing is more than 90%.

To be honest, I don't think it's going to be a yes for me because the odds of me winning that $42 million is stacked heavily against me so I don't think that I'm ever going to spin that much just for a chance to a jackpot prize maybe if the odds were 50/50 or something in that level then I would probably go for it, after all it's just a $50 right? What's the point of being to stingy when there's a moderate chance that I can get that win. That's the truth for me because $50 is a big amount of money for me so I'd rather spend it on other stuff or gamble the money although in a way that I'm not going all in with just one bet or spin.

Why not? it's a big risk and as gamblers we are willing to take that huge jump and who knows we could be the one who is going to win that jackpot and it so happen to this person. And that is the very definition of gambling, take huge odds pretty much stack against us and yet we are willing to take that and in the win, we can say that we beat that odds.

Maybe $50 is too huge for others, including myself, but if you think about it, we have been gambling for many years and could be losing more than $50 at one sitting or in one night. So why not take this risk and see how your luck is.

It makes sense, and I agree with you. It seems this fantastic event is making some people more confident in increasing their stakes. They believe that the magic will happen to them too, and they want to make history. The problem here is if they come without financial planning and focus on uncontrolled emotions, it can wipe out all the money they have.

The platform is indeed clever in influencing people's psychology to make larger deposits. Hopefully, not many people lose control, considering 42 million is a fantastic amount.

Just remember, don't push our luck too far. It's not about skill... gambling is more influenced by luck in a larger percentage.

I wont bet. Only people who treat $50 as coins and extra money will do that. Not everyone may be willing to treat $50 casually in hopes of hitting a jackpot. But i wont judge those who will bet. It's all about personal choices, and if others are up for the bet, more power to them.

that chance is only a small possibility out of hundreds of thousands of users. Some people consider $50 to be expensive enough to win something in a lottery or just a chance. let's wait for a more interesting opportunity, what if there was a bonus for each deposit or tournament of the most active users, I think that prize is much more winnable than a lottery. for those who like sweepstakes and don't mind $50 I think this is a good deal for them.

I do agree with you for saying gamble with what you can afford to loose, we all know gambling is a risk and a 50/50 chance so it's either you win or loose but I really believe in high stakes less odds, this means that someone can choose to gamble with $20 and pick so many options just so he/she can win a huge amount of money and that makes it almost impossible because the risk is always too much  due to the many games you play.

But I believe in high stakes and fewer games because it really has a very low risk, for example using a $100 to win $300-$500, with this you find out that you win so much than you lose because the percentage of you losing that game is very low. The major thing that makes people lose a lot is greed, they just want to win millions at a go so please we should all learn to gamble responsibly and with strategies

I have done $500 buy bonus several times at duelbits few years back, it was when I managed to win few thousands dollar just from $25 deposit. At that time I decided to buy bonus $500, at that time I thought something like "who knows that it will the time when gambling give me a life changing" :) Unfortunately I did not win great amount from the few $500 buy bonus then I decided to withdraw because I thought that few thousands dollar is already a nice win for me. For now if you ask me do I have the courage to do $50 for 1 spin, I'd say I dont have the courage unless the same thing happened again when I win decent amount just from small deposit.

It is very attractive if there is a big chance of winning but $50 spin bet seems very expensive. If the target is correct and there is a chance of winning, many may try to bet $50 spins for a chance to win $42 million. But I don't have the courage to bet $50 to win it doesn't always happen. I lost once and never tried again. Good for those who bet around and have many contests to win the lottery.

What if the gambler can afford to risk more than $50? As you can see, we can never get the best answers with your question because everyone have their own limits when it comes to risking money on gambling, someone can afford to risk and lose $1000 and whereas I can only afford to lose $20 or $30 on gambling.

This type of risk is not something I can take because I do gamble to have some fun, you have the intent of winning a jackpot and that makes us different, I have play slots game for a while using small amount of money, but because you want the jackpot you are willing to risk $50, I am wondering how many times you can do this on a week, it's only fine if you can afford it.

Gambling is luck based, it's the truth that does not sound nice in the ear of gamblers, they always believe that are the next to get lucky, my own luck comes when I don't even expect it, and I accept and be thankful about it, but since I can't control my luck I choose to play very safe, I advice all gamblers to do the same, you have no control over any form of gambling.

It only makes sense if all you risk in a week is $50 on gambling, and after taking a risk with all the money and you lose then take your leave, if you can do this then it's fair enough.

The thing is, can you afford to lose $50 and walk out of the casino after losing the money? If the answer is yes then it's worth the risk, some people are saying that if risk higher on gambling you will probably win more, is losing chances lower at this point?

I don't think so, my advice for anyone that want to go this strategy is to be prepared for loses, it's very possible to lose and also all in one swipe, with $50 I will still go many rounds in a slot machine instead of risking it all at once.

Don't expect too much to win, although you are so focus with the reward, but with less than 1 percent chance of winning, you need to be the luckiest man in the world to win this big amount of money. It's a progressive jackpot, if it wasn't won that time, it will continue to increase.

And what if the time will come that your $5 could win $42 million, would you be willing?

Personally, for me, I think it's worth a try, at least once a week, who knows? :)

No gambler would be that crazy about betting $50 just to get the jackpot, I think any poor gambler like us would be better off playing $0.2 to get the Jackpot, rich people also wouldn't waste that big a bet on each bet they have to spend how much money for each spin so they get Jackpot, it doesn't make sense and it's also beyond logic to win it over a number of spins, when it's possible he only bet for one spin.

The average person wants to try to get lucky with just one spin, then if they win, that's a good thing, even though there will definitely be more losses and failures, but we don't know whether luck can get a Jackpot prize that big with just one spin, it would be better, but if using lots of spins and $50 each spin will just be a waste of money for the gambler, unless the gambler is rich, we should never try it  ;D

If I have a lot of money then why not? Who knows maybe we can get a good shot then be lucky same as the subject discuss here.

But we all know that is so random and winning that amount is so rare so the only thing we can do for that is to conclude something or imagine that's going to happen for us to.

But since we are consistently playing those casino games I guess if the time for us to be lucky and hit a huge win then it will come. But if this will not come to us then everything is still fine as long as we enjoy and for sure every session we do counts a lot since at least we got relieve from huge boredom we encounter for those days. But who knows right we can hit those big win and that can totally change our life in an instant.

$50, is a dream money for me, and imagining someone to just stake it for a spin is mind boggling, I guess it'll probably be nothing to the super rich, it'll be to them an amount that they can afford to loose. $0.5 to win $420000, seems a reasonable risk amount for am average income earning gambler, because he'll probably not consider suicide if he loses such am amount on gambling. The conclusion is that every gambler should bet the amount that they can afford to loose, and the amount can sound enomously crazy or ridiculously funny to others, but so far as the gambler has no qualms about staking it, then it's all good.

This really depends on my mood, as there are times that I want to bet that huge amount in a single bet and there are times that I don't bet that huge amount, but if ever that comes to my situation, probably I haven't bet because my negative thoughts will strike me and say that I am wasting money to bet on it as I am not that lucky enough, but if it is only $10, then I could bet without second thoughts.

We just do accept that there would really be those people who are really that rich and there are really those people  who are just average gamblers on which they cant really be able to afford on spending such big amount in gambling on which seeing other people having those kind of base bet on every roll would really be something that could hurt you on every losing roll. We do know the feeling since we dont really like on losing
that big but there are those players who are really that acting that those things are really just that normal. Even that jackpot winner didnt really that expect for those huge hits or life changing jackpot hit.
Everyone do really love on having that kind of million on which every gambler is really that wishing for because if you do then it would really be that definitely change up your life.

Not everyone could really be that able to afford such amount, even myself cant imagine on every roll you would be losing 50 bucks on which it is really that even a 5 days work pay
for those people who do live on 3rd world countries on which it is really just that a waste for you to have that kind of roll betting amount but well
its their money to make use of though.

First congratulations to the winner of that $42 million from Sportsbet, I will bet why not if I have an excess amount,  the chance to hit that jackpot is very slim, for me $50 for one spin is just too high when I'm only betting 10% of that amount I don't think I will have the courage to bet that amount, I am the kind of gambler that only bet small amount so I can extend my betting session so I can finish the hours I allocate in my gambling session, if you always play with the amount of money you can try to hit that jackpot but, but for average gamblers, they will second think betting $50 for a spin.

To put it simply, the betting distance and the reward are so highly correlated and different that those who participate are merely having fun at random, few people care about winning, but even so, a little extra for a chance is worth more than a miss, need a bucket of cold water and a harsh truth to quell such thoughts, over time, many people will realize that is not the only time they spend $50, they will spend more to look for opportunities. For someone like me who looks at probability as much, it's difficult to bet from a mathematical perspective, perhaps one day my emotions will make me make such a decision.
​

If it's just one spin, then sure why not? If it would be multiple spins until I hit the jackpot then I'll probably pass. A few couple hundred dollars could easily start a small business from where I'm at, and I could expand that after a couple of months by adding a few hundred dollars more. People really are easily overwhelmed by huge numbers, even though there's an infinitesimally small chance of them getting the hit.

Use the $50 to a blackjack table or some card games that you know and see yourself making small but steady gains from it--if you are experienced with the games, of course.

I might not have enough courage to do that. $50 is a 6 day worth of food for my family and I won't risk that kind of money just for one bet. Although that's really a cool amount to win, I don't think I am brave enough to take the risk. Playing slots, I just use the minimum as always which is $0.1, or with other games $0.01. Even on that small amount I am already stressed enough when I am on a losing streak. What's more with just one bet all in, I don't think my mind could take it, I might go crazy when I lose.
This is only for those who like the challenge and have enough in their pocket that they can eventually make that same amount in days of working only. Me on the other hand takes 3-4 days before I could make that much. :D
Anyway, I have also read about that great news and all I can say is the dude who won that is very lucky. Maybe it is really for him. We don't know when luck will hit us and on that point he was the lucky guy/girl. It takes a lot of courage to make that kind of bet, I am already amazed by his/her bravery and I wish he/she could use that amount to change his life. Congratulations to whoever is that person.

Depending on the gambler and the amount of funds he possessed at that moment, for instance you can't expect someone having that same amount as the only funds with him betting that money to win something that almost Impossible (but can be achieved base your lucks) him trying that is eventually leaving his funds to faith. Is still true he or she might be able to hit the jackpot but the chances of him hitting is too small compared to him losing it.
But if the particular individual sees $50 as nothing to em then he can risk without any hesitation because he know he can get that same amount of money without no sweat.

While this a completely crazy amount to win and it's going to ensure not you or your family have to work ever again if you don't want to, I wouldn't have bet 50 USD on one single spin alone. This is just above my limits to be used on a single bet. My bankroll is usually between 50-200 USD in total, which would leave me with a maximum of 4 spins. I rather prefer to play more games and stick to my smaller betting size. Also, in the lottery when there are high jackpots they are usually between 70-120m Euros, which is when I only play. For one set of numbers you pay 2,50, or as low as 1,00 euro with a promotion. Even when the chance of winning is much lower, having a larger betting slip makes me more comfortable.

I do not know. Perhaps I want to bet $50 but perhaps I don't. It depends on my mood at the time. If I'm in the mood to gamble, perhaps  I'll bet $50. But I rarely bet that $50. To win the jackpot, someone must have great luck like that of the person who managed to win the jackpot. It's possible that no one will be able to hit a jackpot that big again for some time. That is a golden opportunity that that person can get, and now he can change his life because he has earned a lot of money.

I would never hit 50 dollar on a single spin as I have not a huge bankroll but I always use 100-200 dollars with 0.10 minimum bet and play games with maximum win up to 4000-5000 dollars that is the maximum I will spend in a single session.I assume that guy had a lot of money to bet 50 dollar on a single spin and we need to know how much he has lost before,nevertheless no matter how much he has lost that is a true life changing event for him so that guy should retire with that money as normally he has nothing more to keep searching in a gambling site,luck in those levels comes only once as they say.

If I can afford it, and don't mind losing $50 why not. after all, the rewards provided are many times the capital we spend per bet. the point is, we have to be willing and sincere if we lose $50 in just one spin. as you said, the problem is that getting a reward or jackpot from this round is very small. I mean, the probability that we have is very slim. even though it is random, only the luckiest people will ultimately get this good fortune. let's imagine, let's just say that there are thousands or hundreds of people who are doing it and are interested in some kind of challenge like this. so, what are the chances we have of getting this jackpot. to be sure, the possibility is very small.

Honestly, I don't know what kind you share on this page. however, with fantastic rewards, of course many gamblers are interested in taking on this challenge. especially, for those who think that $50 is a trivial matter. hence, they can do it many times when they want. just like the lottery, not a few people risk a large bankroll just for one ticket. even though they are well aware, the ratio of losses is greater than the potential we can win. however, in reality I would be more interested in betting on something I like. for example football, at least the chance of winning is greater than throwing away $50 in just one spin. however, that doesn't mean I'm not interested. because after all, the reward is what is attractive. It's just that, I will involve my wisdom in the bets I make. if I win in my other bet, and the value is quite large. maybe I can try my luck with one spin. the rest, comes back to betting that I understand.

Yes, if I am feeling lucky. The guy in this story could have been feeling lucky on that day. $50 may not  be his regular bet amount. It could have been 5% of $50. No one can tell. There are days as gamblers when we feel luck and we follow the push and win. It depends and it differs from one gambler to another, their personality and the risk that they can carry.

        -   If I am a rich person, then if I bet that amount, you know that for the rich gamblers who often gamble, the amount that is bet is more than that, so that amount is only a coin to them. But if an ordinary gambler does it only out of courage,.

And a full-hearted gambler who only makes money makes such gambling bets. The amount of 42 million dollars is a very large amount of money, to be honest, here in our country. How many generations of my family can live there?

Spending the real money is different,because every single dollar you had earned in some way.You never get free money from any sources,So think before you are using the real money.But if you are self satisfied with the money using for the big win,you are free to spend it.Because the most of the time luck is the hidden key for the risks.The important one is choose the best one to take risk,this 50$ is not enough for the man to consume one week food.So you can have a try,but the risk only depends on you.Because you are not going to spend the money for waste,it give you profit at the end.If you get one percentage of the 42million dollars is enough to settle your life with good assets back up.The gamblers are ready to take the small risk like 50$,but need to check the legitimacy of the thread was essentially important one in this spin.It also depends on your luck in some day.

Does it take courage to decide to "throw away" your money? I hope not, because I hope that the brave exist in other activities field of everyday life!
the chances of winning an event like this... are judged by themselves, the numbers are enough...
BTW I can see only an impressive luck for the winner and no more... personally no, I will not bet 50$ for this big jackpot.

Using 50 dollars in a single spin is definitely a lot of money especially if you are willing to make more than one spin, I could afford to do this once but that is it, if I won anything I would be happy about it but if I lost then I will simply move on and not think about it at all, however even then this is a risky thing to do as if a gambler lost that amount in a single bet they may begin to chase their losses, and since their starting bet was so high to begin with, the losses they could suffer are nothing to sneeze at.

I think that's depends on the type of gambler you are, I say this because in my years of gambling and experience I have come to notice that some gambler are of different league than others meaning they actually have the mind and courage to take some stupid risk that any normal gambler won't. Well if this case was for me then I think I won't gambler all the 50$ because the possibility of me winning that jackpot is like one in hundred and I will feel better when I have split the 50$ and given my more chances at Winning something other than go all out in one spin.

Instead of using the 50$ for spin,you can use the same money in some of the casino game with the initial of 0.50$ and make the usage of 100 betting.If you use the betting for the same reason of win,the same hundred betting was the huge reason of winning in the gambling site.The casino is like the meal with the unlimited dishes,we don’t know how long we are in it.So the gambling in the casino games should be limited with the time duration.For this reason some gamblers have the habit of spending money and fly with the initial and margin profit from the gambling site.This help the gamblers to get away from the complete loss of capital in the gambling site.

The truth is that I fear anything casino-related and I think twice before engaging them. A little amount of money has been my thing to play it to cut the risk and disappointment but when I am well motivated, maybe I can do what I don't usually do, especially if my mind agrees to it. But come to think of it, spinning is not a game that I trust, this is mainly in the favour of the house and for anyone to win as much as $42 million in it is still very strange to me, but nothing is impossible. I had committed $2,500 into trading many times before and lost it pretty fast, so the risk is not the issue, but the issue is whether or not what I am committing the money to is reasonable. This is my thought since I know that a lot is wired in the favour of the house. Well, $50 is still such a small amount, I think I can do it...

...But with enough persuasion. ;)

It's not about the courage, it's about having a bankroll... we can discuss the minimum bankroll needed for making $50 spins. In my opinion, it shouldn't be less than $5k, and even that is too little. I wouldn't say it's nothing, but slots can be crazy with so long losing streaks, and sometimes bonus rounds can't be won in +200-300 spins.

I think that we can agree that this guy was extremely lucky. For sure he is a high roller with a nice bankroll, and he probably regularly plays with high stakes. But if I am wrong about that we can say that he is more than extremely lucky, it's not happening every day to spin slots and to hit a bonus round in just a few spins, especially with so crazy high odds.

Anyway, this is a life-changing win definitely... I hope that the winner will spend it wisely! :)

No because $50 is beyond my limit in gambling. But for people who has extra money they can. My monthly income is like less than $200 a month and taking the risk of spending my $50 on a spin is not worth it.

Exactly, that's another important factor to consider when gambling. If you're only using a small amount of money for leisure or entertainment, it might not be worth it to spend $50 per spin in hopes of hitting the jackpot. This strategy is only practical for regular gamblers, those who frequently bet large sums of money, or what we call high rollers. Unless you have extra funds to spare for gambling and you're specifically aiming for the jackpot, which can be a big hit on your bankroll if you're not lucky enough to win it.

If $50 is an amount I can easily spend on anything without hurting my wallet, why not? But if $50 is a significant amount for me, I won't do it. I'm sure that with a jackpot as huge as $42 million, the probability of hitting that jackpot with just a $50-spin is extremely low.

Somebody would hit that jackpot. It could be you of course, but you cannot just fool yourself by spending money that is intended for something else on that thinking that you will get it.

Why not? But this is if I have a huge bankroll only. The jackpot is quite huge and and it's worth to try. However, this is not wise for an average gamblers since $50 is already a big amount for just a single bet.

Moreover, chances are very slim to think that you can hit the jackpot. It can really change lives but you have no idea how much money you'll going to spend before hitting such jackpot or worst not winning at all. It's only for risk taker and well-off to throw away $50 for just one spin.

Basically, you can spend your life playing without winning the jackpot. People are blinded by the amount, the $42M, but it's not just that the bettor was betting $50, but the odds of winning that are ridiculous. I imagine it is a good publicity for the house that this week will have had a boost in revenue, especially in slots. It is like when there is a jackpot of many millions in the lottery.

They are always in profit, that's how their business run, and just like a lottery, they are consistent in announcing the winner so bettors will be more attracted in betting. This kind of scenario is just normal in gambling, some could hit a huge jackpot like this but we can't deny the reality that most of us are losing money, resulting to the gambling sites to operate profitably.

We don't need to question how much a gambler losses already, or make a speculation that this gambler is probably a millionaire as he can afford to bet $50 for a close to zero chance of winning bet. It happened, and it just prove that this kind of game is legit, and I'm sure if we trust sportsbet.io, we will believe that the winner were able to claim his life changing reward.

People saw his big jackpot prize. They don't look at the $50 because many gamblers probably use that amount of money to bet. But it depends on someone's readiness to bet, let alone use that $50. They won't use it if they can't afford to risk that $50. They will only use the amount of money they can afford.
But it is good publicity for the house because it will become famous after a lottery jackpot.

I hope this is not another PR  ;) The casino will feel this though because $42M aren't ice cream money.

I'm not in any capacity to wager $50 for a single bet because where am I going to get the next money if I don't win anything after the result? However, if I'm ideal and capable, I can do it but for a second, the person must be really big with heavy pocket to try this. I can't imagine number of times he would have lose to able to be able to win this much, this is will be on the record for them to announce this for the public.

If I'm to be honest, this game is nothing but luck and luck, there is nothing about been expert here, even the player that won this will be shock to seen him win this.

It's not about having courage, it's about having a bankroll big enough that you can afford to make $50 spins continuously like the guy was doing. I know that he didn't have a very big bankroll to show, it was about $2,200, but from how he was doing those spins, it's clear that he is a high roller and only a high roller and a person with enough money can do something like that. A normal person and an average bettor can never place $50 bets on a slot machine.

He was extremely lucky to hit that jackpot because you don't often see a gambler winning millions of dollars in just a single spin no matter how much money one is spending per spin. So, other gamblers shouldn't get inspired by that and start making high bets so that they can also win something as significant as that because it's all about luck.

I do have also those doubts about having that PR but it seems this one is really that indeed legit. Wondering if they do able to pay up the winner without any stings attached?
$42M is surely something that would really be a huge deducation into their money but of course money is money and win is win. They would really be needing to pay up if they dont
want to ruin up their reputation knowing that Sportsbet is really that long time running and known platform or company into this forum on which it wouldnt really be giving
any doubts that they could pay up that winner without any issues. It would really be just that really good to see that someone do make out those huge wins
and facing up no withdrawal issues hopefully.

I came across a thread that was discussing among the rich and the poor who loses money more in gambling. The majority of the people in the thread agreed that the rich loses more money than the poor in gambling. I did not agree with them however on that very premise because I decided to look at the whole matter from the other way around which majority of the posters did not consider. If a man who earns $10,000 daily loses $5,000 to gambling it will not affect him but we dispected us will see it that he has lost a huge amount of money. In the other hand another man who earns $30 daily and eventually loses $100 to gambling, we will not regard it that it is a huge amount of money that is lost but to the gambler they have lost very much amount of money. This is why before we make conclusions we must surely understand the level and the ability of the gambler to end much money than they can lose.

Bringing some ideology to this trend should make us to understand that a rich person can easily afford 50 dollars for a spin of 42 million dollars while a poor man would not try it at all because if it's fails they might go hungry for the rest of the week. In conclusion gambling is very much subjective and that is why you should not put yourself in another man's shoe in whatever way during gambling or emotionally the other man could be stronger than you.

Why not! with $50 and one spin it might change my fate very drastically lol

but wins like this will only be found in a very small percentage, in my lifetime, only that person has won a big jackpot with only $50 capital.  In games based purely on luck such as slots, plinko and dice, punctuality is often very important, so don't think that large capital is something that will definitely generate profits.  Keep gambling responsibly because that is what can save a gambler from the possibility of losing.

If youre lucky then you can but if not? then what would happen? For sure we would really be that ending up on having that huge spending towards gambling. Even if you are rich
then i cant imagine on how much you would really be that losing first before you could be able to hit up that jackpot, whether you could hit it up or not for your entire lifetime.
It would really be always pertaining on how luck you are and how you would really be that making yourself that well when it comes on making those base bets. $50 on each roll
is really indeed too much and this isnt something that everyone could be able to do so. It is really just that too big specially if you are talking about slot gaming
where each roll is really that instant.

This is obviously not something that happens that often. It is a jackpot and the 42 million means that there have been so many people who haven't won, they are not putting up a 42 million dollars jackpot because they want to, not because they just put it up there for fun, it is a sort of marketing thing but also within the system, a certain amount of the losses in the game goes there, making jackpot bigger, so when you bet that 50 bucks and lose, some of it goes to that 42 million dollars jackpot.

This doesn't mean that you shouldn't gamble or anything, but when you are focusing on the guy who won 42 million, try to also remember the people who lost 42+ million to make this possible as well, you will most likely be them, and not the winner.

$50 is not also a small amount of money, converted to my local currency $50 is more than a 50 thousand naira and it will also go a long way if only the holder can make good use of it and not over spend it on something worthless.
Many gamblers have the kind of amount they will like to gamble with, some might gamble with a hundred dollars or thousand dollars but some will only gamble with little amount because that it the only amount of money that they will want to gamble with.
However, every gamblers should gamble with the amount of money that they can afford to lose and not to gamble with the amount that they can never afford to lose. The first thread shows that the gambler who won that money is very lucky and thats the kind of luck every gambler is praying to gave.

If gambling was about luck, then I wouldn't be so brave, risking an amount of money that I couldn't afford to lose. Because everyone has different luck. and if this gambling is talking about a strategy, then I mention that there is no single strategy that can give me a guarantee that I will win that amount. I will only bet, on the amount that I am prepared to lose. 50 USD, for me it is quite a large amount of money, if I have to dedicate it to gambling. I'd better spend the money on more important things.

Yes, if we do have that money could be spend then pretty sure that it would really be just simply basic or something that we could really be able to deal with but if we do speak into the current finances that we do really have then it would really be that so damn hard for us to even bet on 10 bucks, how much more on $50? Only a few on this gambling field could really be able to do so. Just like on what other people been saying
that its not something an amount that a player could really be able to bet on, only whales or rich people would really be able to do so. If you are really just that a normal gambler then this is an amount
that it could really be just your entire bankroll.  8)

Also, having 50 bucks every single roll wont really be able to guarantee you that you could really be able to hit up the jackpot on which means that there's no way that you could tell
whether you would be able to know on what the things could happen ahead. So it would really be no assurance on such thing.

If I can afford to lose $50 I will play the game , I don't mind if I lose or not because gambling is about lose and win. When playing gambling the amount to be won should not be a reason of playing gambling but what should be the reason for playing is if one can afford to lose the money that will be use to play the bet.  The problem some people do have while playing gamble is to be carry away with the amount that will be won in gambling,  they forget to think that  gambling is unpredicted and to play with the amount they can afford to win .their is no guarantee that every big amount will be a win in gambling.

Not a chance, because another way to look at it is that they are not a charity. The reason the jackpot reached that high was because many thousands, even hundreds of thousands of $50 bets were placed in order for the pot to grow so large in the first place. This is why gambling can be referred to as a tax on the poor, because while the headline figure looks attractive - I swapped my $50 for $42,000,000, the reality is that you have such an insignificantly small chance of winning, you'd be more likely to be struck by lightning multiple times, with each case being exceptionally rare in comparison. This is at the end of the day an excellent piece of marketing and will no doubt drive many more people to try it.

Gambling needs more luck and less strategy, that is what we know. But in the case of winning $42 million is a $50 spin, that guy is really lucky that time.
This would really attract gamblers and think that they can be soon an instant millionaire in gambling if they will continue --overspending will happen.  This will eventually happen for the gamblers who never realize that gambling is based more on luck and the chances are very slim. Even though $50 is just a small amount but if we keep doing this every day, that even costs more than the amount we could win, unless our luck comes too fast.

I think it's because there are individuals who are willing to bet and risk that's why the pot grow so big and those who bet knows what the risk are but still they are willing and obviously targeting that big pot and so it all boils down as who is that lucky person that is going to win that money.

For us like regular bettors or average gamblers, $50 is already, and so we might be hesitant to enter. But for those big gamblers and since this is played in a huge gambling platform, it's going to be global and perhaps many individuals can afford that $50 and wanted to join and enjoy and see if they are that one lucky person.

Honestly, I'm willing to take a risk just one time to check my luck. If I don't get it, it's okay because that's really part of life and at least you try because if you get it, it's really a jackpot. It is guaranteed that your life will change in as little as 50$. Don't be afraid to try if you have too much because maybe later it will be allocated to you, if you don't have too much and you need that money then don't try.

Depending on one's individual abilities, $50 for a single bet with a possible win of $42 million is worth it, but being able to bet under it with a sizable win doesn't matter either.

But these are odds of 1:thousands or hundreds of users betting, and whoever can hit this jackpot must have used the profits for the rest of his life.

I've never won with a bet like this, just a few consolation prizes I've always gotten.
I don't know what is the influence, the old account, the bet amount or the regional bet, because all of it is regulated by the system.

That means you won't risk money if it just about luck or strategy to get the jackpot?
This is not about luck or strategy but about how much money you can spend in taking part in the bet because in one round it is $50 and just imagine how many rounds it takes to have chance to get close to the jackpot.
If it is just about luck and strategy then I agree with you that there will be no strategy that will guarantee victory and if betting is only based on luck then there is no need to push your ability by risking money that is unacceptable to lose.
It just that in this context, I sure those who bet there are rich people with lots of money and of course they can follow suit because even though they spend large amounts of money, the jackpot they get is also very large.

But from your presentation there is an interesting important point regarding the budget that can be received when you lose.
That is wise thinking and of course applying it can help us avoid situation where trying to recover from losses, we know that gambling is full of losses and to force our abilities will only increase these losses.

And from some of the gambling that I have done, I feel that I feel unlucky when gambling. Remembering that I have lost more often than I have won. And indeed, if I am too ambitious in pursuing a win, then it is the same thing as continuing to deepen the losses I experience, which even though the nominal deposit each time I play is relatively small, but if it is accumulated, then the amount of money I spend will probably be very large. big.


More precisely, rich people have more courage. Because maybe everyone will also think repeatedly about whether they have to spend large amounts of money on things that are uncertain.

And indeed, if we don't have enough doubts about the gambling we are doing, then it would be better for us to withdraw from the gambling, rather than it all ending in regret. Gambling is quite a detrimental activity, especially if it is not played wisely. In the end, we will not only lose financially, but will lose in every way.

Maybe different people will have different ways of thinking because $50 for some countries is big and taking bets that are not guaranteed to win will be much riskier. But if we talk about people who like to bet then taking the opportunity is not bad because they have spent much more in betting before getting the desired jackpot. It's about how involved someone is in betting and maybe everyone's assumptions will definitely be different.

If you have more money, taking this opportunity is not a problem because we can see the extent of your luck in the bet. But back to each other because so far I have never had luck in big bets such as jackpots and maybe the reason is because I don't take many challenges in betting and play only from small funds.

Totally depending on someones financial capacity on which we do know that this isnt something that would really be that applicable or would really be possible for most gamblers on which only whales
would really be able to afford on having that 50 bucks per roll on which it would really be that not shocking if we do speak about that there are those people who are really that existing.
There are ones who are really that having that huge money for then to play on a sustainable way.It did really just turn out that they've become even more extremely lucky on the time
that they do play because of hitting that enourmous jackpot on which we know that hitting this spot would really be not so damn easy or really just that close to impossible.

If you accept the risk of losing that $50, it's okay, and you can try it. But I suggest not trying it too often because it could harm you. We don't know when you will be lucky enough to win the gambling game. You will lose that $50 if you still want to try it another day, and even if you still have that $50, I think it's better to save the money and not use it for some time. When you fail the first time, you will think about doing it again the next time, and it will happen again and again until you can get that big win. But the problem is that you don't know when you can win and how much money you must use to win that big win.

... And the one thing I've observed is that - for every single day, there's always a news to motivate or recruit new gamblers.. things like this would probe you into staking 50 bucks per spin, thinking it's something small and could easily be recovered until 5 grands is gone...

---

even if it's based on true life eventualities, never hope for the same thing... You never know how much he's wagered, day and night just to hook-on... Infact, I don't even think gambling was made for the poor - so getting along would only make things worse, unless you know the better...

Sandra 🧑‍🦰

It’s really a luck. How will you spin with just $50 and win $42 million? That’s really a huge win, and that’s purely luck. I don’t really have the courage to gamble with just $50, hoping to win that amount of money. If I am asked by anyone to try my luck, I don’t even think I will listen to them because I will see it as a waste of money. The chances of winning the bet are just kind of too low. The person who won the bet was just too lucky and might not be able to win that amount of money gambling again. What’s best is that the person should make good use of the win because an opportunity like this might not come again.

Don't really care for lotteries all that much.  I'm not much of a long shot type gambler though.  I like games like roulette, blackjack, poker etc where you can sway the odds or at least be a part of the decision making process that will result in an outcome.  Good for them but one in a trillion odds aren't for me.

I don't think it's a big deal to stake $50 on a game with potential winning of $42 million provided a gambler gave the money to do so but what I'll not do is to advise anyone to do because I won't even fo that myself in my current financial status. $42 million isn't a small money and for a gambling company to put up such mouthwatering amount for their customers to win , I think it'll be almost impossible to win it at just one try.

No betting company will want such amount of money to leave their account easily and that's why they'll not want their customers to win it until they've fully recovered their money. So to me it's a way of attracting people to stake their money when they know it won't be an easy win

The gambling company basically needs a million people to make the $50 bet to justify the payout of the $42 million.  If we include all the expenses, various absolute and promotions all those costs sure add up to requiring that level of participation before such a prize is viable long term.   So as soon as somebody does win its an immediate job to make sure the win is duly publicized to all to make the most of it and keep the game going for the next win  etc.

If I have the capacity to bet $50 a thousand times in one sitting then why not?  $42m as a possible winnings is a huge amount compared to $50.  And aside from the jackpot price, the game also offers small amount to huge amounts of wins, so the $50 wager also has a chance to get some extras if we are lucky.  This is no difference in betting at minimum wagering amount.  So I say if I have the budget I will surely bet that kind of amount.


I think the game involved in this $42 million jackpot price is a slot game that has the bonus feature of spinning a wheel for a chance to win a certain level of jackpot.  When it comes to the lottery I also think that the game is not for me due to the same reason.

The lottery was the favourite game for many of the gamblers because of the biggest reason of the Jackpot.No game have the option of winning the biggest money like 50x of the brought money,even many gambling site doing the online lottery by this point.The lottery possibilities of winning is very low,sometimes high or sometime low because of the luck of the game.The odds may be low,but the benefits after the winning will be more.The risk is the common one for gambling and jackpot,but the chances of winning will be vary every person.The probability of winning also increases by buying more tickets in gambling sites.

Not only you and maybe most gamblers also don't have a problem risking $50 on the games they play because that's what they're used to doing. Talking about companies that have a good reputation in gambling, it is normal to pay big winnings obtained by customers because they will not sacrifice their reputation by cheating, except for certain companies that do not have a clear reputation. I think there are times when companies spend as much money on winners who hit the jackpot as there are many people who have already won.

Apart from that we can see in the lottery how people get big wins and the company keeps paying them according to the winnings. The level of a company's reputation is seen in how they handle it and more rationally, it may be difficult to get a big win in the jackpot category, but that doesn't mean it doesn't exist.

Is this a one time thing or is it a regular game where every spin costs $50?

Personally, $50 is a huge amount of money especially to someone who lives in a third-world country. That $50 can most likely fund my food for one (1) week or even two (2) weeks if I make myself frugal. In all honesty, $50 is just too much for your average gambler. With that amount of money in the jackpot, most likely the chances of a person winning is just incredibly and significantly low.

Bearing this in mind, if there are other incentives rather than the jackpot that a person may win every spin, then the $50 spin may have a market for other high-roller gamblers. Naturally, if you are rich, $50 is just nothing to you- people would definitely spend a minimum of $1000 on that game alone to check their chances.

Yes you are right that mate many gamblers want to win the lottery cause cause you imagine you can bet it for $1 but the jackpot prices is over $42k depends on the lottery. Every day the jackpot price will growing cause the reason of there's no winner yet. anyways everything is gonna be fine even though there are many gamblers will loss but still it's a challenge to us to bet in that game cause we all know once we are lucky enough then our Life will change into an extraordinary.

that's a really crazy story
any idea on what were the odds of this win?
higher or smaller than 0.5%?

hope the winner enjoy their price and know how to keep it
even with some basic investing knowledge 42 million can give you much more than one million per month

nice story

I'll never have the courage to bet $50 per spin because it is simply an amount that I cant afford to lose in single bet.
My usual bankroll when I started my gambling session is around $50-$100 only so it does not make senses if I bet $50 per spin.
The one who hit that jackpot must be a rich gambler even before he won the jackpot, because logically someone need to have big bankroll in order to bet $50 per spin.

I won't bet on that. I'm already wasting my money on gambling why should I add more risks? I don't want to rely on pure luck in exchange for a costly bet. My answer is based on the current status of my usual bankroll. But if I don't mind losing $50 in just a matter of seconds, and I have a wealthy financial status, $50 per spin is nothing for me. But in reality, I'm just an average gambler who takes care of much of my bankroll. I won't push my luck on that $50 per spin. It will just create a regrettable decision for me.

The chance of hitting the jackpot is more difficult to happen than being struck by lightning.

It's just a matter of extraordinary luck. Not everyone can spin with this kind of luck rather it is a divine power some have a history of winning such jackpots.
Who wouldn't want to own $42 million for just $50, but it sounds like a fairy tale. But if I consider this matter in my case, then it is nothing but a complete fairy tale.
To this day I have lost every time I bet on Dice, Spin, lottery, and sports betting in my life so I have accepted gambling and casino bad luck in my life. However, after seeing this post today, I can feel the attraction of Gambling Spin again. If only I could ever win the jackpot!!

If I have an extra fund and I have a hunch that it's my lucky day why not, $50 is not a small amount but $42 million is life-changing money and you are sometimes you gonna take a shot to change your life and all your loved ones, if you're lucky you're going to get it, every spin has a chance but I'm going to do it once another $50 spent is too much for me I'll do it for the chance and the experience.
I regularly bet on the lotto every time the stake is too high to ignore, just so I can say I have taken a crack.

Exactly, We don't know the profile of the person who gambled and get that huge jackpot, whether he was a rich person or someone who happened to use some of his money to take risks, but managed to get the jackpot. If the person is rich, then even spending $10,000 will not be a problem to bet $50. it's hard to put perspective on this. but some that us need to remember is, we cannot chase this luck, whatever our status.

It'll boils down to where the person is and how fat the person pocket is. Citizens from the richer countries $50 is nothing to them, they can bet with it without even considering if they are going to lose, but most people in poor countries wouldn't even think about it due to the higher value of $50 in their local currency, so it all depends on how valuable is it to you as a person.

In First world countries where they have a good number of their populations who are above average as a standard of living,and they also use the Dollar well enough $50 may not seem like a big deal to them because they probably spend more than that sometimes in their daily expenditure.

By ratio, I don't think that's too much to sacrifice for such amount especially if you become lucky just like the winner, that's making over 1000% profit on your capital and it's more than a very good deal and worth every of the risk especially when it favours you . The only challenge will be that the chances you win is very slim and uncertain which makes it very risky to play but then if you don't see a big deal with loosing $50 then you can give it a trial but for others in third world countries I'm sure most persons will make a deal of $50 .

If I've made that much during the bull run and this is the spare of money that I have, I'll try but if I know my situation isn't in good condition, I won't have the balls to do it. Whilst some folks may think why many of us won't have balls to gamble with just $50, that is because in our country, this could already provide a lot of food in the table and despite with inflation and such, it's still an amount that can make a family happy. But as I've said, if this is an amount of money that's just a spare to me and I can do whatever I want with it, I'd definitely give it a go.

That's a huge bet for me already and I have to save for that first before betting it, though I can bet that kind of amount as long as I do the budgeting and spend the money that is intended for gambling only. Let's not expect to have the same faith because not all are lucky in betting and imagine if we all bet the same thing, most probably the site will suffer a big loss if many of us here hit the jackpot in an instant.

I see the Sportbet player is making his rounds. News of them, anyway!

I see players regularly betting far more to win far less. On my last visit to Sportsbet (physical), think a whale was there regularly plopping down six figures on football live. For odds lower than 2/1.

I put aside a few euros a week to win whatever jackpot's on offer.

So, rhetorical question? =)

It is small amount of bets and winnings a lot but it doesn't happen usually. There are multiple times of loss held behind one winning. And a lot of users become 0 for the loss to get this type of jackpot.

At first this is a blind game or blind bet and nobody knows what the outcome could be. Even if you tender this opportunity here almost everyone would like to deposit 50$ to have spin to know whether they will win but, unknownly that this is a game of probability and nobody can defined the winning so even though we all deposited there are still little chance that no one here will still win and who knows how often this person that has win this jackpot has spent in his life. You and I can't tell except he comes here to speak for himself how much he has lost in gambling and every other online actives. If the chances of winning is very high then I don't mind spending up to that amount to win $42m.

Yeah. But just because I can and it's funny if I win the 42 million prize pot off of my $50 bucks.

I know how small my chances are at winning lotteries, I've dabbled in the field of maths in the past and I know just how impossible or improbable winning a lottery game is. In any case it's still better to have a stake in games like these especially if you have the money to spare anyway instead of letting the opportunity pass. At least that's what I want to make myself believe. To that effect, I'd make a bet on it just to see if I'd win, I don't really care that much if I lose cause I know how much it takes to win. That's basically just it. Greatest example of it is the very winner that inspired you to make that post. If he hadn't made that bet do you think he'd win anything? of course not. 0.00001 is still better than zilch.

This is no different than playing the Lotto here in the United States.  There's both a federal or nationwide lotto as well as each state has their own lotto.  I rarely ever play because the way I see it, the odds are so extremely low that I'd rather gamble my $5 or $10 on some sort of shitcoin with a potential to pump and dump.  I just see that as a better bet.  I guess it can't hurt throwing a few bucks at it, I mean you can't win unless you play right.

It's undeniable, in my opinion, that it wasn't luck; in fact, winning large sums of money in a spin game isn't so much about skill as it is about luck. Only God knows how much money a player has wasted in a spin before going on to win a sizable sum. You mentioned that you could get away with spending $50, and I agree. Playing that spinning game is one easy method for some people to waste money.When I first attempted the spinning game, I just deposited $10. And I was spinning with just $0.1, betwfew minutes I had lost my $10. Since then I stopped playing the game and fully believed is all about lucky.

I agree with you on one thing and that is that it is impossible to pursue because luck cannot possibly always be on our side and because the characteristics of gambling are always synonymous with luck, it will be much more difficult to get luck consistently. I remember playing at high dominoes as my favorite game in the past and there I learned a lot about how someone gets a jackpot which is always unpredictable and unfortunately it happens when we try to lower the bet on a much smaller table.

For people who have a good or stable source of income, there will definitely be no problem taking betting opportunities of $50 or even more. Apart from having enough perspective, sometimes gamblers handle this activity differently and there are times when they are influenced by the uncertainty of getting a win or a jackpot.

the usual question that comes to my mind in such cases is:
how many times the person bet 50 usd to win this big prize?
only the times of the video or many others?

probably many many others

what do you all think?

it depends on the individual's ability, if they feel that they can afford to lose 50 usd on one spin, maybe they will immediately play even though the possibility is very slim. however, for those who are still limited and think that 50 usd is still too much for them, like me who still thinks that money is still too much, maybe we will think twice about playing on this spinner because the chances are very slim. and especially with that 50 usd we can use it for something more useful like buying our children's needs or food for a few days.

That's one way to say it, indeed. This isn't any different than the lotteries available in most countries, offering millions to one lucky winner. I've never played either, because the chances of winning are so slim that you're more likely to be struck by lightning. In the OP's case, I personally wouldn't participate. $50 isn't a huge amount of money, but you can easily get carried away and bet two, three, or more times, quickly getting out of hand, and the amount lost is adding up fast. I'd rather spend a few dollars with the potential to earn a few minor amounts.

Isn't gambling all about that? This player had a great luck to win that amount of money in exchange of only 50$ which is very little compared to what he won. Personally, I would have done the same thing if I got the same chance he had. However, in these cases the chances are very low but the prize is very tempting.
If we talk about the amounts of money we spend on gambling, slots, sport betting and other games... we are risking way more money without  noticing it. I had many good winnings while gambling and I don't regret taking the risks of what I'm doing every time I bet either winning or losing still we should be responsible of what we are doing and spending this money we can afford losing.

In the other side, some people consider 50$ as a big some of money to spend in gambling in one hit, knowing that the risks of losing it are very high. So I think it depends on how much you are willing to spend and afford. Never gamble what you can't afford losing

That's true because maybe if someone can only afford to allocate $30 for one game, he won't want to use $50 just to gamble. That will make him use more money, and that can happen many times if he can't control himself because, in gambling, there are moments when a gambler will not always be able to resist the temptation not to continue gambling, especially when he feels that winning is almost close. Even though he knows it's wrong, he might try anyway and think it's just this one time, so it's okay if he exceeds his limits once in a while. Maybe we have experienced something like that before so we use more money than usual. But if he is used to using $50 to gamble once, he will definitely keep trying to get the jackpot prize and will continue to try to get the jackpot prize on other days.

Consider the figures for a second, $50 of lottery tickets would deliver a possible excess of 42m quite easily.   If we consider the statistically probability of each risk to value gainable in the bet you have your decision whether its worth the spin in this case.   So far as I know lotteries arent particularly good value bets, its just considered a safe slow but possible big win kind of bet to involve a general population in.   Live betting is considered more of an involved risky bet but its possible the odds are nicer and so the OP proposition is actually superior value.

For the I've bets the odds are nice as a result the winning amount can be better than the bet of lotty or spin and at the same time it is true that the odds of the bet is the chance of being lower too. Higher risk higher returns/loss.

A bet like that is not much of a problem as long as it is not a bet that you make regularly, after all even if 50 dollars may not seem like a lot of money, if you began to make several bets like that then the money you will lose will grow significantly, still the story on the OP is a nice example of what gambling is about, as there is probably no other activity on the world which can give you 42 millions by just risking 50 dollars on a single spin.

the thing is if you're going for the big pot you won't play once you'll play at least 5 or 10 times so we may be talking about 500 usd which is quite different
way more money than only 50 usd

still best to consider all the money played as lost since it's really hard to win these games.