In gambling, there are more losers than winners. Gamble responsibly and never risk more than you can afford to lose.
If you lose everything in gambling, then gambling is obviously not for you. If you believe there is no life in gambling, then stop gambling and get a life.
I agree with that insight because the odds make sure that the bettor is distracted with trying to make profit instead of a wise choice a wager which is usually a lower winning amount if won.