I did this with GME shares in the original run. The profits helped me finish grad school. The money I bet wasn’t enough to cause serious issues on loss but the

I did this with GME shares in the original run. The profits helped me finish grad school. The money I bet wasn’t enough to cause serious issues on loss but the payoff was enormous. This is related to utility I suppose. Could we say that the “expected” utility of certain gambles is high enough to make them have higher utility than not betting?