I also used to play with that kind of approach. 100% of the payment is allocated to wagering. I am lucky that I got it doubled more often. But recently I also think that it is unwise to plan to spend all the earnings on wagering. If I am not lucky then I will be left out with nothing so I agree that we should only allocate a certain percentage of our earnings to gambling so that whatever happens in our session at least we still have funds in our pocket.
Either we are lucky or quite the opposite is not it? In fact, the management is quite effective even though it is simple. But back to the gambler if they have more funds may drop all if you bet and get double what you got. The level of pleasure of people must be different from the target he wants to achieve every time he has a large enough fund. It's just that the distribution management makes me more in control of what I have.
I would say that you shouldn't leave all of your money to luck that would be a risk that you can't return back from. If you put all your salary on gambling and double it then it is great of course but if you zero it down which is a more likely outcome then you are going to be quite upset about the fact that you do not have any money left.
I mean how are you going to even survive that month? Pay everything with credit card and then hope that you double it the following month? What if you lose that too? Or the one after that too? There is no recovery from this, if you are lucky it is great, but if you are not then the risks are way more than the rewards.