The 383 bid was logical because Mat. was going to either 1st or 3rd place. I can see him taking a chance. 383 was logical because you could guess that grenv would bet the 888.

But Arctic's bet of 1 does no good for him. There is almost no way that a bet of 1 will help him at all. I might be able to understand a lower bet of 100, or 200, or 300 or something - but 1 does nothing except make sure he ends up in 3rd place. Pointless and i think a stupid bid.