Exactly that it is, it is like when we are going to invest and trading, only gamble with money that we can afford to lose. Using everday money for gambling means the basic mistake to do.
I'm not that kind of person. I sometimes surpass my limit but still responsible in the event of loss.
I don't gamble with the money I afford to lose since I will just be satisfied with my losses without doing my best to win. At least, I want to feel pressure that's why I exceed my limit. Because of the feeling that I should minimize the loss, I'm becoming a better gambler in the long run. Don't treat gambling as a form of enjoyment and any amount that afford to lose is just alright to happened.
Saying just gamble the amount that afford to lose will just end up in a more losses since people with that mindset don't care if they loss since they afford it. I hope I able to deliver what I'm trying to picture out here.