Consequently, they take far more risks and frequently invest in options and futures, buy on margin using borrowed money, short stocks and make large bets on currencies and commodities. (abcsofinvesting.net)
The nature of his system is that you are constantly making large bets for small returns as you try to make up for previous losses. (sportsinsights.com)
-- I personally find the combination of large bets and distressed situations quite dangerous. (valueandopportunity.com)