These are all good points but it's hard to keep up and follow, this because in the back of our minds, there is a thought that must strike while the iron is still hot, and there's always a tendency to get back what you lose in the previous, it just goes on and on until you become addicted.
Very true indeed. To an extent, our individuality plays a big role in how we handle the 'play for fun' narrative. If i should use myself as an example, i get easily excited but not so easily discouraged. I find in most cases, the means if i win a bet, i'm likely to go even bigger (dangerous i know) whereas, if i lose, there is that feeling of 'i'll win the next one', and then it just goes on and on like you say.
Even though i know 'walking away' is a very important aspect in gambling, i feel it is perhaps the most difficult one.