to learn
This year was the first time I ever seriously bet on baseball, and I knew for a fact I would lose a lot. But after 2/3 of the season, I learned more then I can even begin to explain. For the last part of year, I consistently withdrew money from my account rather then deposited. So I would say the only way to justify knowing you are going to lose would be if you are trying to make yourself better rather than making the same mistakes over and over again.
you crazy BAS, we all think we will win
the guys that have huge bankrolls and bet $5-$10 game....those are the smart ones that know they will lose and just bet for action....rest of us....stubborn and think we may hit it big.
if i won the lottery tomorrow, I will have enough money and probably will not bet much....i might do $500-$1000 a game for action only (which is probably like if i were to bet $5-$10 at my current status)