the highest lost that i've made as a gambler is 50$ , actually for me it's a big amount already so that was the biggest amount i lose in gambling and that time i was so frustrated but as days passed by i still go back to gamble.
Losing hard earned money is so frustrating. In general 50$ is not a big amount for regular gamblers. As you consider it as big amount, my advise is to stay away from gambling. You can lose more than that in a matter of time.
$50 is not a big amount if that person can use $100 for playing gambling. But still, everybody doesn't want to lose the money even for the small amount in the gambling. They will realize that they are spending too much money on gambling, but then, they are losing more money than they can think. So if you still want to play gambling, then you need to limit the amount, for example, you only use $25 for playing gambling, and if you lose all of $25, then you need to get away from gambling.
I Think if theres a chance that a person plays for a small amount and have it multiplied a million times like, in a lottery, a lot of people would bet on it hoping that they could win. It doesn't matter if they have a small chance of winning it but the fact that there is a possibility of winning it is enough for them to bet. If you wouldn't risk anything, you won't be able to gain anything. We all need to fail to learn the right things.