I think its all about money. When you have more than enough money in your gambling accounts, then literally you'll go with higher bets and random bets. Cause you don't know what to do with that extra money.
I personally can't imagine a situation like this. No one here can, actually. Unless you are Elon Musk, I mean, both that rich and that stupid, you are not throwing your money away because you don't know what to do with that extra money. Making higher bets and random bets? The only way you go behaving like this is to bankruptcy.
That's why mind will force you to do gambling with that fund. And thus people become over confidence with any match or really don't care about their money. So they gamble and loss. And yeah, Greedy plays viral role in gamblers life. Sometimes i also feel greedy to place bets on my favorite team although we shouldn't use to place bets all the time. But as I already said that money matter here! If you keep lower money in your account, then such things could be reduced in my opinion
No, we can place bets all the time, it depends on the size of the bets. I'm doing it all the time, but my bets are less than $1 each, so I can afford it.