I don't think there is a limit on how much a player can really lose in gambling, if a player really got himself addicted to gambling, he could simply just sit in front of his computer and gamble everyday with his life savings, even when he lost all his life savings, he would always find a way to get a loan from his relatives or friends.
Best advice in gambling, just gamble what you can afford to lose
The one who is very addicted can't think normal and the only thing he knows is how he will have a money to gamble like his whole world is to gamble only .It is the worst thing that gambling can make to a person .There you can limit it if you do when you play like you said spend what you can afford to lose.Best advice in gambling, just gamble what you can afford to lose