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by kingleopold 25 days ago
So now the real bet he lost is salary + time for all those years he is going to prision + lower job for decades after prison. This person bet Millions to get $1M basically and lost both, very rare gambling level lost from smart(used to) person. At least normal gambler loses what they have and some debt.
2 comments

He was Staff-level as well. That's minimum $500k a year or more. And tenure often grows pay disproportionately at Google. That's easily $20 million lost.
You're making a bold assumption that this is the first time they're making money off of these bets.
It's possible he had multiple accounts but seems unlikely, one reason he was caught was because he made a whole bunch of trades on markets related to "year in search", all on one account, and all the trades were perfect. If he was thinking about creating new accounts to obscure himself then he should have at least made each bet he placed on a seperate account.

People (particularly those committing crimes) do frequently overlook things in inconsistent ways, so it's possible. But seems unlikely to me.