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That's a Pascal's wager argument.
What? No. Pascal's wager is when you apply the rules of instrumental rationality to epistemic rationality.
Simply being willing to take risks to possibly get a better outcome, without warping your beliefs, is not the same thing at all.
"Pascal's wager" denotes several different fallacies, which are present in Pascal's original argument.
Instrumentally, it refers to estimating expected utility based only on a possible outcome with an extremely large (positive or negative) payoff, without taking into account the fact that said outcome has an extremely small probability.