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

[QueenVera]

It's not fsir foranyonee losing a huge amount and the 1.4 million dollar loss for the gambler is quite big unless uf you have not gambled and lost before you want to understand what it means to gamble and lose some amount that feeling is bad and a player may feel worst  right now.

Yes it's actually not fair seeing someone lose this kind of money but also remember that another man's food could be poison for another man which simply implies that when we loss, the game house smiles and when we win, the game house frowns.
Whatever the case might be, it's really disheartening seeing some making such huge lose and same thing applied to drake who just lost over $400 thousand USD and it seems there are people who gamble with huge money behind my limits and just as a user or a member over here also stated that it seems more of the losses are posted than the wins a d I also agree with that because I'm sure most heavy figure winners wouldn't want to review their identity possibly for the sake of their personal security but rather choose to always make public their losses and most times these losses might also be a discouragement to intending gamblers.

[Fredomago]

Its never been small for most of us but we know that there are people who could really that afford on spending up that huge money on gambling or make out some bets and this is why we would really that get
shocked if ever we do see numbers like this which had been bet out and ending up on losing.Yes, it is really that regretful thing for us who do able to read it up, how much more into that person who
had made out such bet? This is why we should really put up into your minds that when it comes to gambling then no matter how slim the chance of losing but still it could really happen in a snap.
Just like been said by others that we do know that there's always an upset that could happen which means we could really lose up anytime.

Precisely! there are heavy gamblers who can afford to place bet like that and for us we might think that it's huge but for them it's something that they can really risk and who knows what will be the next action plan coming from that lost, maybe just my personal take if that person still have deep bankrolled he's now moving forward and will try to bounce back strong, while if he don't have probably there's nothing he can do but to regret that mistake.

Realizing that upset is possible will be too hard if you are just a simple gambler that loses that huge amount. Moving forward will for sure be hard as it will keep lingering in your memories.

[RILWAN]

Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.

[Silberman]

Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.

We must remember that in this world there is not such a thing as a sure thing, an example of this are arbitrage bets, another name they have is sure bets, and they have this name because if you do your job correctly regardless of the result of your bets you will make money, however you can still lose even when making those bets, not only you could make a mistake but each sport has their own specific rules and each casino has specific rules to deal with special scenarios, so even if you do everything correctly you can still lose, making the name of sure bets incredibly deceptive.

[len01]

Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.

actually this is not a matter of believing in certain odds, but as a gambler you should have full responsibility for the bet. I mean gamblers should always think of a budget with not too much amount to gamble. because no matter how good the odds are, we must remember that gambling is a place to have fun. so to have fun, you don't need to risk large amounts of money and just use small amounts of money that can make us enjoy each of our bets.

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

[2double0]

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

[brooksby]

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

Aren't you making assumptions about something OP doesn't provide even a tiny bit of information about? Where do you know what the emotional state of this guy was? Perhaps the guy is saying that then night was the best in his life? Nobody knows what he was feeling and who he is and nothing do we know.
Maybe he won the biggest lottery ever before and had a fun night out and appreciated the feeling that losing 1.4 million USD can't derail his life? That must be amazing to have such a feeling. I wouldn't do that too often though

[BobK71]

Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.

actually this is not a matter of believing in certain odds, but as a gambler you should have full responsibility for the bet. I mean gamblers should always think of a budget with not too much amount to gamble. because no matter how good the odds are, we must remember that gambling is a place to have fun. so to have fun, you don't need to risk large amounts of money and just use small amounts of money that can make us enjoy each of our bets.

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

We often say that gambling can only be used as a tool for entertainment. But is it easy to remember in favor of a gambler? Since addiction is very close to gambling. Even if the gambler is entertained, it can be addicted at any time, but the things here have to be remembered. That is, if a gambler has a source of income, then it will not have much effect on it. However, for those whose financial condition is not good, some rules must be kept in mind properly. According to their money, the amount of each bet should be determined and the limit should be kept in the bet.

[rodskee]

Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.

actually this is not a matter of believing in certain odds, but as a gambler you should have full responsibility for the bet. I mean gamblers should always think of a budget with not too much amount to gamble. because no matter how good the odds are, we must remember that gambling is a place to have fun. so to have fun, you don't need to risk large amounts of money and just use small amounts of money that can make us enjoy each of our bets.

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

We often say that gambling can only be used as a tool for entertainment. But is it easy to remember in favor of a gambler? Since addiction is very close to gambling. Even if the gambler is entertained, it can be addicted at any time, but the things here have to be remembered. That is, if a gambler has a source of income, then it will not have much effect on it. However, for those whose financial condition is not good, some rules must be kept in mind properly. According to their money, the amount of each bet should be determined and the limit should be kept in the bet.

Those people who mostly call gambling as source of entertainment are not true gambler instead those are occasionally playing, because if you cann yourself as gambler then you fully understand that this is not a place where to jusy bey and have fun instead this is a place where you bet and may lose or win and sometimes his has been used for living of other people.

[Silberman]

Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.

actually this is not a matter of believing in certain odds, but as a gambler you should have full responsibility for the bet. I mean gamblers should always think of a budget with not too much amount to gamble. because no matter how good the odds are, we must remember that gambling is a place to have fun. so to have fun, you don't need to risk large amounts of money and just use small amounts of money that can make us enjoy each of our bets.

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Having said that if a person develops some sort of issues with the control they have over their gambling then this can become a lot more difficult, just as someone addicted to drugs needs to increase the doses they put into their body in order to have the same effect, the addicted gambler needs to increase the amount of money they gamble in order to experiment the same kind of adrenaline rush they enjoy, but as we can see such a thing can have awful results when luck is not on their side.

[erep]

Those people who mostly call gambling as source of entertainment are not true gambler instead those are occasionally playing, because if you cann yourself as gambler then you fully understand that this is not a place where to jusy bey and have fun instead this is a place where you bet and may lose or win and sometimes his has been used for living of other people.

We call gambling as entertainment because we are not addicted and must have emotional control in gambling, there are many factors gamblers have lost their money because they are greedy and see gambling as a machine to multiply money, they ignore the risks but do not realize that only luck can win the game, not your odds predict because it is proven that OP has lost $1.4m balance from predicting high odds of winning.

[len01]

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

therefore I say that being responsible for your own bets will be better.
so when someone bets at any odds but the gambler will not be careless using all the money in his pocket just for small odds and it looks like greed, the stupidity of gamblers who are too chasing something that is uncertain using big money.

[klidex]

We call gambling as entertainment because we are not addicted and must have emotional control in gambling, there are many factors gamblers have lost their money because they are greedy and see gambling as a machine to multiply money, they ignore the risks but do not realize that only luck can win the game, not your odds predict because it is proven that OP has lost $1.4m balance from predicting high odds of winning.

Maybe for now you are not yet a gambling addict and can still exercise self-control and have certain betting limits.
But I'm not sure you can be like this forever because in gambling everyone who starts can become a crazy gambler where he will no longer think about risks that have no limits and will never be able to exercise self-control.
Just look at some time in the future, you will do all of that in pursuit of a victory, even worse, maybe you will spend big money on each bet.
I can say this because that's what actually happens to gamblers out there.

[bitterguy28]

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

therefore I say that being responsible for your own bets will be better.
so when someone bets at any odds but the gambler will not be careless using all the money in his pocket just for small odds and it looks like greed, the stupidity of gamblers who are too chasing something that is uncertain using big money.

your money ? your responsibility mate that's it.

so the person who made this bet is responsible for that money and whatever the outcome surely he knew what's next .

he may lose this time but what we knew about the past or the future?  he might be a winner of more than a million before this bet or after right?

this is gambling and we must be ready to what will happens next.

[Cuenta Alternativa]

Maybe for now you are not yet a gambling addict and can still exercise self-control and have certain betting limits.
But I'm not sure you can be like this forever because in gambling everyone who starts can become a crazy gambler where he will no longer think about risks that have no limits and will never be able to exercise self-control.
Just look at some time in the future, you will do all of that in pursuit of a victory, even worse, maybe you will spend big money on each bet.
I can say this because that's what actually happens to gamblers out there.

Your generalisation does not hold water. Some people who gamble responsibly, due to life circumstances, may have problems with gambling in the future, but from there to that being what happens 'to gamblers out there', in general, there is a long way to go. Far from it happening to the majority of gamblers.

[GigaBit]

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

therefore I say that being responsible for your own bets will be better.
so when someone bets at any odds but the gambler will not be careless using all the money in his pocket just for small odds and it looks like greed, the stupidity of gamblers who are too chasing something that is uncertain using big money.

your money ? your responsibility mate that's it.

so the person who made this bet is responsible for that money and whatever the outcome surely he knew what's next .

he may lose this time but what we knew about the past or the future?  he might be a winner of more than a million before this bet or after right?

this is gambling and we must be ready to what will happens next.

A gambler uses various strategies to win in gambling. In this case, he is not only successful in his strategy, he may also have a big loss. But it is important to consider how reasonable that strategy is. In gambling, normally gambler will be responsible for his own actions. We see a great loss 1 million USD at odds of 1.01 bets. Many of us here consider his decision negatively. But if that gambler had won the bet then we would have discussed about him positively. When the odds are low, the chances of winning are high. May be he used this strategy. A gambler must manage his betting with a good understanding of his financial management.

[EarnOnVictor]

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

therefore I say that being responsible for your own bets will be better.
so when someone bets at any odds but the gambler will not be careless using all the money in his pocket just for small odds and it looks like greed, the stupidity of gamblers who are too chasing something that is uncertain using big money.

I disagree that he's greedy because he is betting on a small odd, but so much agree that he's stupid for doing that. Big money should be well managed in gambling, it's so foolish to bet a whole $1.4M on a single game where no one would certainly know the outcome.

On second thought, we can't blame the guy totally because we don't know under the influence at which he did it. He might be distracted by ladies and gamblers in the house. Don't you think of that possibility?..lol

[slapper]

~snip~

A gambler uses various strategies to win in gambling. In this case, he is not only successful in his strategy, he may also have a big loss. But it is important to consider how reasonable that strategy is. In gambling, normally gambler will be responsible for his own actions. We see a great loss 1 million USD at odds of 1.01 bets. Many of us here consider his decision negatively. But if that gambler had won the bet then we would have discussed about him positively. When the odds are low, the chances of winning are high. May be he used this strategy. A gambler must manage his betting with a good understanding of his financial management.

What a strange story! This exemplifies the unexpectedness and randomness inherent in games. Who would have believed someone would risk a million dollars on such slim odds only to come up empty? It's true that sometimes you lose, though. And he lost by a substantial margin. Not everything is negative, though. He made an effort, at least. Next time, he may try to think of a better strategy, or he could just play the slots.

[Fredomago]

Even though there is the possibility of losing such a huge amount as huge as 1.4 million on bets vut to see such huge confidence in bearing such a high amount on a bet based on the sure odds and end up losing this is a lesson for everyone to not trust too much on odds.

actually this is not a matter of believing in certain odds, but as a gambler you should have full responsibility for the bet. I mean gamblers should always think of a budget with not too much amount to gamble. because no matter how good the odds are, we must remember that gambling is a place to have fun. so to have fun, you don't need to risk large amounts of money and just use small amounts of money that can make us enjoy each of our bets.

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Having said that if a person develops some sort of issues with the control they have over their gambling then this can become a lot more difficult, just as someone addicted to drugs needs to increase the doses they put into their body in order to have the same effect, the addicted gambler needs to increase the amount of money they gamble in order to experiment the same kind of adrenaline rush they enjoy, but as we can see such a thing can have awful results when luck is not on their side.

The end results of addiction mostly turned to negative outcome and just like how you explain the part of gambling addiction they needed to keep adding more money to fill the lust inside them, the adrenaline and all those additional factors to satisfied the needs of continuing, the gambling lust inside them will push them to keep adding more money and trying to win more.

The result most of the time is not favoring them, and worse, they will suffer to lose everything.

[len01]

and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

therefore I say that being responsible for your own bets will be better.
so when someone bets at any odds but the gambler will not be careless using all the money in his pocket just for small odds and it looks like greed, the stupidity of gamblers who are too chasing something that is uncertain using big money.

I disagree that he's greedy because he is betting on a small odd, but so much agree that he's stupid for doing that. Big money should be well managed in gambling, it's so foolish to bet a whole $1.4M on a single game where no one would certainly know the outcome.

On second thought, we can't blame the guy totally because we don't know under the influence at which he did it. He might be distracted by ladies and gamblers in the house. Don't you think of that possibility?..lol

now that's what I mean, betting using large amounts on sports bets which are full of surprises even though the small odds look like they win but sometimes they are deceiving.
as we can see what is currently popular in the MU vs Liverpool football match which is clearly superior to MU and it turns out that Liverpool won and scored more goals.

a surprise like this often happens in sports betting at least we can learn the man's defeat for not betting large amounts in sports betting.

I'm sure he's undeterred, he's just greedy to take the win at 1.01 odds and hoping to get a few hundred dollars on the bet.