This question keep coming into my mind , and I have decided to bring it here, so that we can think and reason together about the possibility of this happening, and if there is an experience of such among gamblers here.
Sometimes, when I visit a betting shop, I see people playing bet with very long slip, and these set of people are low stakers, and does not change their mentality, season in, and season out. They play this type of bet as they believe that a day will come when their expectation will come through, and they will win a life changing bet.
From my experience, I have only seen just one low staker who has won a life changing bet out of the many gamblers who play long slip, and expecting big win.
So my question remains, do you think is possible to win life changing bet wit low staking? And if yes, how often do you think this happens?
I would like to know how much that player actually won, the one who in your opinion, managed to change their life with a winning bet. To me, this has always seemed very questionable. I imagine it like this: when people place bets like that, I doubt they bet more than one or a few dollars. From that, it follows that the odds would have to be enormous, probably in the tens or even hundreds of thousands, for it to truly change their life. And frankly, I doubt that such bets can realistically be won.