The red text effect says "You're not playing the odds, friend" in Borderlands 3.

"You're not playing the odds, friend" is a red text modifier on weapons in Borderlands 3

Weapon

Granted Effects

  • 50% chance to buff the weapon on reload with a unique reload animation.

Reference

  • Reload animation is a reference to the 'rare reload' in the Battlefield series.
  • Flavor text quote from Harvey Dent (Two-Face) in the 2008 film, the Dark Night.