Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!

[tusandii]

-snip-

-snip-

Off course low odds are perceived to be the sure odds and this is why so many gambler rely on low odds to stake a high amount, the reason why that reward are few and to get a tangible amount a stake need to be extremely high.

So I don't blame the ops in the thread entirely because he takes such a huge amount with the hope of winning and for sure 14k is a big win for just a bet if his luck hard worked, but unfortunately, he was a dick and hard to lose the entire amounts this is why many have suggested he stake a lower amount.

Yes, and when betting, we must understand this and cannot just look at the opportunities that exist, but must also consider the risks that can occur because gambling is something where there is no certainty whether we can win or lose.
Yes, the op is innocent because he is only looking for a win at low odds with a larger bet amount because if the bet used is relatively small, the profit you get will not be worth the risk.
The domain of every gambler will be different, of course, so we must have our own awareness and stick to our beliefs when betting.

-snip-

I understand that what you are trying to say is just an assumption and there is no reality in that. If it's trusted and old, a casino doesn't modify its algorithm for each gambler even if some gamblers have won big amounts already. There are thousands of players playing at the same time, how can they possibly do that for so many gamblers?

It's only the house edge that hits some gamblers really hard, like in this case, the guy has bet over a million dollars with very small odds probably only to win a few thousand dollars but the house edge had hit him really hard and he lost the bet even with very low odds.

Do you doubt the performance of the casino?
Casino is a business that is quite promising and there are many ways of operating it so that anything can be done easily even though there are thousands of gamblers betting there.
We don't know how they work when operating the betting feature and we also don't know what is actually being done so that anything can happen even beyond our logic as gamblers.
Whatever the opportunities and benefits that can be obtained, this is an option, so gamblers must be able to accept it.
If can't accept defeat and don't want to experience losses when gambling, then don't be a gambler but build a casino business so you can take every advantage.

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[Sir_Garry55]

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

Football is unpredictable, speaking as someone that's into soccer betting...no matter how small the odds are, there's nothing safe
At the end of the day it's better you play a significant odd like 2 to 3 odds for more value and staking what you can afford to lose
Even if u get it wrong with proper analysis you can get  your money back within two or three days
If you know what you are doing, out of 7 times a week you can get it right for four days
Four days should give u profit in a week... another option is short football on paripesa or 1xbet... getting small odds are not as hard as real  soccer

[Lanatsa]

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

Football is unpredictable, speaking as someone that's into soccer betting...no matter how small the odds are, there's nothing safe
At the end of the day it's better you play a significant odd like 2 to 3 odds for more value and staking what you can afford to lose
Even if u get it wrong with proper analysis you can get  your money back within two or three days
If you know what you are doing, out of 7 times a week you can get it right for four days
Four days should give u profit in a week... another option is short football on paripesa or 1xbet... getting small odds are not as hard as real  soccer

There's no such thing about safe because even if the odds is about 1.01 or lesser as long the chances arent that zero then there's no way that you would really be having that 100% winning guarantee.

You are really that too risking millions without considering about the potential risks that you could really be able to face out and this is something that you should really be that careful or mindful.
It might be looking like a sure win but its not on which you would really be finding yourself that having that self sure feeling that you can be able to win up the bet and this is why you are really that confident
that you could be able to win up but when luck isnt on your side no matter how small the odds are. You would definitely lose that one.

Always bare in mind that as long chances arent 0% there's always the probability that it could really happen and this is something that you do realize so that you wont
be that ending up on having that kind of results or outcomes into your gambling bets. If you bet that big then it would be impossible that you wont really be able
to realize on what are the probability for losing such huge money.

[Hamphser]

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

Football is unpredictable, speaking as someone that's into soccer betting...no matter how small the odds are, there's nothing safe
At the end of the day it's better you play a significant odd like 2 to 3 odds for more value and staking what you can afford to lose
Even if u get it wrong with proper analysis you can get  your money back within two or three days
If you know what you are doing, out of 7 times a week you can get it right for four days
Four days should give u profit in a week... another option is short football on paripesa or 1xbet... getting small odds are not as hard as real  soccer

There's no such thing about safe because even if the odds is about 1.01 or lesser as long the chances arent that zero then there's no way that you would really be having that 100% winning guarantee.

You are really that too risking millions without considering about the potential risks that you could really be able to face out and this is something that you should really be that careful or mindful.
It might be looking like a sure win but its not on which you would really be finding yourself that having that self sure feeling that you can be able to win up the bet and this is why you are really that confident
that you could be able to win up but when luck isnt on your side no matter how small the odds are. You would definitely lose that one.

Always bare in mind that as long chances arent 0% there's always the probability that it could really happen and this is something that you do realize so that you wont
be that ending up on having that kind of results or outcomes into your gambling bets. If you bet that big then it would be impossible that you wont really be able
to realize on what are the probability for losing such huge money.

I do agree up into this word on which as long the odds or chance is there then there would really be that possibility on losing up the bet and this is something inevitable. There's no such thing about zero chance of losing because if there's one then it isnt gambling at all because you arent risking into something and if its zero chance of losing then as said that its not gambling. If you are really that betting on having those millions then it is your risks to take on which you do know on what much you could potentially lost if that less 1% chance of losing will be able to hit up. I cant even blame considering that the odds is really that something that could push you to bet but im not really that confident on putting up a million even if i do have the money. 
Chance is chance and you cant be able to assure whether you would be able to hit it up or not.

[paxmao]

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

Football is unpredictable, speaking as someone that's into soccer betting...no matter how small the odds are, there's nothing safe
At the end of the day it's better you play a significant odd like 2 to 3 odds for more value and staking what you can afford to lose
Even if u get it wrong with proper analysis you can get  your money back within two or three days
If you know what you are doing, out of 7 times a week you can get it right for four days
Four days should give u profit in a week... another option is short football on paripesa or 1xbet... getting small odds are not as hard as real  soccer

I wonder if someone who has that amount to spend in gambling is an idiot to begin with, it is not that easy to find such people. I mean, idiots in the intellectual sense, not in personality or traits - those are aplenty. But anyway, that sum may not be much for some of the people out there. For a billionaire that is like a drop in the ocean and may not be enough to even feel any thrill about it.

[2Pizza410000BTC]

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

In my view that much money should never be used on a gambling platform again the odds are 1.1 that the person has used that much money to gamble. One should always use own money on the gambling platform so that there is no worry or emotional trauma if the money is lost. 1.4 million dollars which sounds like a huge amount to me. Even if I ever own a lot of money, I will never spend that much money on a gambling platform because I take gambling as entertainment and will budget very little for it. I never support such betting I support those who participate in betting with small amount of money and have fun.

[Mr. Magkaisa]

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

        -   Oh my goodness, that's a very huge amount of money. If I had that much money, I wouldn't gamble that amount. That's really crazy, man. As far as I can see, that person is rich, and it could be just a coin to him, but at least he regrets it because he lost, or lost, not a small amount.

I just hope he doesn't get stressed or depressed about what that gambler is going through; if I were the one who lost that amount, I wouldn't be able to sleep well for a few days for sure.

[Wapfika]

In my view that much money should never be used on a gambling platform again the odds are 1.1 that the person has used that much money to gamble. One should always use own money on the gambling platform so that there is no worry or emotional trauma if the money is lost. 1.4 million dollars which sounds like a huge amount to me. Even if I ever own a lot of money, I will never spend that much money on a gambling platform because I take gambling as entertainment and will budget very little for it. I never support such betting I support those who participate in betting with small amount of money and have fun.

“In your view”. But that amount of money is probably what he can afford to lose. Besides you will not deposit huge amount of money in a casino if that’s all you have even if you bet it on the most safe bet.

There’s a chance too that he already win a lot using this strategy before he finally loss on this specific bet since there’s no information about the stats of this player aside from this loss bet slip. But again, it’s not us to decide for that money if it should be use for gambling or not because that’s not our own money.

[bakasabo]

I can say only one thing - the person that made 1.008 bet is very stupid. Risking such a huge amount of money 11 thousands is stupid. No other words can precisely describe his action. This isnt being reckless, this isnt being greed or addicted. This is being stupid. What I mean is, you have more than a million, why risk so much just to win 11 thousands. 11 thousands is a lot of money, but those who operate with millions, must know less risky methods to earn 11 thousands.

[SamReomo]

I can say only one thing - the person that made 1.008 bet is very stupid. Risking such a huge amount of money 11 thousands is stupid. No other words can precisely describe his action.

Anyone who's greedy enough would do that and I feel bad for him because his luck was totally down that day and when someone's luck isn't in their favor then such losses take place.

It's gambling and in gambling luck plays a very important role, if someone is lucky he can win 1.5 to 2 odd bets while the unlucky ones like the guy can lose bets with so low odds.

In order to earn just $11k he has lost $1.4M what a unlucky fellow. If he had invested that money into Bitcoin then he may had earned way more profit than $11k.

[EarnOnVictor]

I can say only one thing - the person that made 1.008 bet is very stupid. Risking such a huge amount of money 11 thousands is stupid. No other words can precisely describe his action. This isnt being reckless, this isnt being greed or addicted. This is being stupid. What I mean is, you have more than a million, why risk so much just to win 11 thousands. 11 thousands is a lot of money, but those who operate with millions, must know less risky methods to earn 11 thousands.

I agree with all manners of ugly words you can credit this guy with, it is so absurd and annoying to say a few. I must say I missed this folly in this particular thread of the forum as it is good to always see it so that it will be a reminder to people that they could be so foolish in gambling if care is not taken. Imagine, for just 0.008 profits, you wasted $1.4 million dollars, that's ridiculous and shows that the guy is even reckless with that because he believes too much in himself, and overconfidence has never been a good characteristic in the long run. No matter how rich you are, if $1.4m is removed from your fortunes in such a foolish manner, that can never be comfortable at all especially when it is not where you need to spend it judiciously because you might want to channel such an amount of money to a better use other than what you were forced to lose it in due to your folly.

Gambling is not an investment, we should be careful of how we approach it and how we manage ourselves towards it. The money to be gambled must also be carefully thought about whether it is worth it or not, and even the risks we are about to take it with. And with my calculation, this guy was aiming to gain just $11,200 with a whopping sum of $1.4m risk. This is just too foolish to comprehend.

[bakasabo]

I can say only one thing - the person that made 1.008 bet is very stupid. Risking such a huge amount of money 11 thousands is stupid. No other words can precisely describe his action.

Anyone who's greedy enough would do that and I feel bad for him because his luck was totally down that day and when someone's luck isn't in their favor then such losses take place.

It's gambling and in gambling luck plays a very important role, if someone is lucky he can win 1.5 to 2 odd bets while the unlucky ones like the guy can lose bets with so low odds.

In order to earn just $11k he has lost $1.4M what a unlucky fellow. If he had invested that money into Bitcoin then he may had earned way more profit than $11k.

I dont think this is about luck in this case. This is not about being greedy either. This is pure stupidity. If he as greedy, he would have searched for something with better odds. Or tried to double those $1.4M. If it was about luck, he could have taken $11k and placed somewhere with 50/50 win chance. But no, that person has decided just to waste his $1.4M. With $1.4M there are plenty of ways to win $11k. That persons has chosen the most ridiculous way to use them.

[Z_MBFM]

I can say only one thing - the person that made 1.008 bet is very stupid. Risking such a huge amount of money 11 thousands is stupid. No other words can precisely describe his action.

Anyone who's greedy enough would do that and I feel bad for him because his luck was totally down that day and when someone's luck isn't in their favor then such losses take place.

It's gambling and in gambling luck plays a very important role, if someone is lucky he can win 1.5 to 2 odd bets while the unlucky ones like the guy can lose bets with so low odds.

In order to earn just $11k he has lost $1.4M what a unlucky fellow. If he had invested that money into Bitcoin then he may had earned way more profit than $11k.

I dont think this is about luck in this case. This is not about being greedy either. This is pure stupidity. If he as greedy, he would have searched for something with better odds. Or tried to double those $1.4M. If it was about luck, he could have taken $11k and placed somewhere with 50/50 win chance. But no, that person has decided just to waste his $1.4M. With $1.4M there are plenty of ways to win $11k. That persons has chosen the most ridiculous way to use them.

why it is not about luck? gambling always depend on luck. $1.4M Hughes is an amount that can last 2-3 families in my country for a lifetime. It is unbelievable how a person can place such a big bet there  It must have caused a huge financial loss to that person. no amount should be used in gambling which would seriously injure him  And since he made such a bet, he must take responsibility for it. His luck was so bad that he made a loss where he had 100% confidence to win with 1.01 Odd.

[gunhell16]

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

Football is unpredictable, speaking as someone that's into soccer betting...no matter how small the odds are, there's nothing safe
At the end of the day it's better you play a significant odd like 2 to 3 odds for more value and staking what you can afford to lose
Even if u get it wrong with proper analysis you can get  your money back within two or three days
If you know what you are doing, out of 7 times a week you can get it right for four days
Four days should give u profit in a week... another option is short football on paripesa or 1xbet... getting small odds are not as hard as real  soccer

The only thing that is difficult is that it is very unpredictable, so you will be gambling a bit, especially if you have no idea about football teams.
Because it's also an advantage if you have an idea or know about football game teams, right?

So other gamblers who have an idea about football teams are the ones who have a high chance of winning when they bet on which team they think will actually win.

[Wiwo]

The only difficult thing is that it is very unpredictable, so you will be gambling a bit, especially if you have no idea about football teams.
Because it's also an advantage if you have an idea or know about football game teams, right?

Let me tell you the truth,  no one can predict a football match outcome based on the team's ability or previous statistics to make your judgement on how good the team will be and at winning,  this knowledge has changed a lot for me lately and that is why,  I don't bet along team line but just giving predictions based on the chance and that is why I mostly predict on live games,  that way you can based your decisions on current happening in and events in the match as it progress.

For the fact that football matches don't follow particular patterns,  it becomes easy to speculate based on the event at hand and we have to accept that fact and take less risk while gambling on sports.

So other gamblers who have an idea about football teams are the ones who have a high chance of winning when they bet on which team they think will actually win.

Even with all the ideas,  you are not guarantee a win when if the luck is not on your side all the time,  because just a simple mistake from the players can spoil the whole process.

[Coin_trader]

…

Let me tell you the truth,  no one can predict a football match outcome based on the team's ability or previous statistics to make your judgement on how good the team will be and at winning,  this knowledge has changed a lot for me lately and that is why,  I don't bet along team line but just giving predictions based on the chance and that is why I

I’m not a solid fan of football since this game is not popular in my country but I knew someone here that has a high accuracy on football match betting because he is good on stats analysis on each team. Sports is like chess which coaches can counter each other strategy that’s why there’s some instances that underdog team win but there’s always a difference on players individual skills which gives a huge impact on the game. This is the reason why stats matters when predicting for the most possible outcome on sports betting.

mostly predict on live games,  that way you can based your decisions on current happening in and events in the match as it progress.

For the fact that football matches don't follow particular patterns,  it becomes easy to speculate based on the event at hand and we have to accept that fact and take less risk while gambling on sports.

I preferred betting this way too. But the only problem is the time pressure that can affect your decision making. I made a lot of risky bet on live games just because I'm rushing to place a bet that later on the result went opposite because the other team rally before the match end.

[Quidat]

The only thing that is difficult is that it is very unpredictable, so you will be gambling a bit, especially if you have no idea about football teams.
Because it's also an advantage if you have an idea or know about football game teams, right?

So other gamblers who have an idea about football teams are the ones who have a high chance of winning when they bet on which team they think will actually win.

Having knowledge would really be always recommended and always have the advantage compared into those people who do make bets on random manner on which we know that
losing chance is higher compared into those people who have that knowledge towards the game or sports but we shouldnt really be that making ourselves that confident. Why?
We do know that there is really upsets that do really happening in field of sports on which you didnt thought that it could really happen considering that the game was
that one sided until it turns up side down.

1.01 odds doesnt give out that sure win thing. One of the most common mistake of people is that they do really believe that they could actually be
able to win up on sure manner and thats why they went all in.

[tread93]

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

Football is unpredictable, speaking as someone that's into soccer betting...no matter how small the odds are, there's nothing safe
At the end of the day it's better you play a significant odd like 2 to 3 odds for more value and staking what you can afford to lose
Even if u get it wrong with proper analysis you can get  your money back within two or three days
If you know what you are doing, out of 7 times a week you can get it right for four days
Four days should give u profit in a week... another option is short football on paripesa or 1xbet... getting small odds are not as hard as real  soccer

I wonder if someone who has that amount to spend in gambling is an idiot to begin with, it is not that easy to find such people. I mean, idiots in the intellectual sense, not in personality or traits - those are aplenty. But anyway, that sum may not be much for some of the people out there. For a billionaire that is like a drop in the ocean and may not be enough to even feel any thrill about it.

I mean he can't be an idiot completely since he's got a million to blow, right? Unless he inheirited or something and also happens to be a billionaire now as well - to your point that does seem like a small chunck of change to them. Its pretty wild how someone would take chances like that. He threw a 1.4 million dollar property basically up there on the trade block and got screwed to put it into perspective.

[Strongkored]

I mean he can't be an idiot completely since he's got a million to blow, right? Unless he inheirited or something and also happens to be a billionaire now as well - to your point that does seem like a small chunck of change to them. Its pretty wild how someone would take chances like that. He threw a 1.4 million dollar property basically up there on the trade block and got screwed to put it into perspective.

He is not stupid in other ways but he could be said to be quite stupid in his decision to risk a huge amount of money at very low odds because he thinks he will definitely make a profit, because when you try to start a business with huge capital but after calculating it you will only get a profit of less than 10% and keep running the business then it's quite stupid because the risk of loss is much greater than the profit gained unless you are someone who really likes risk but just putting it in one basket is another mistake because losing all the money will make him stop doing business or also gambling.

[bakasabo]

I can say only one thing - the person that made 1.008 bet is very stupid. Risking such a huge amount of money 11 thousands is stupid. No other words can precisely describe his action.

Anyone who's greedy enough would do that and I feel bad for him because his luck was totally down that day and when someone's luck isn't in their favor then such losses take place.

It's gambling and in gambling luck plays a very important role, if someone is lucky he can win 1.5 to 2 odd bets while the unlucky ones like the guy can lose bets with so low odds.

In order to earn just $11k he has lost $1.4M what a unlucky fellow. If he had invested that money into Bitcoin then he may had earned way more profit than $11k.

I dont think this is about luck in this case. This is not about being greedy either. This is pure stupidity. If he as greedy, he would have searched for something with better odds. Or tried to double those $1.4M. If it was about luck, he could have taken $11k and placed somewhere with 50/50 win chance. But no, that person has decided just to waste his $1.4M. With $1.4M there are plenty of ways to win $11k. That persons has chosen the most ridiculous way to use them.

why it is not about luck? gambling always depend on luck.

Why would someone test his luck with such a low odd. This isnt serious. People do not usually test luck like that. For example who would choose to test his luck of correct prediction in a challenge between professional weightlifter and a little kid in weightlifting competition. That is absurd. Or you checked if the next card is ace, you turn it over and test your luck if you would guess it correctly. That guy who has lost $1.4M wasnt testing his luck. Imo he was testing his stupidity and won.