That's the worse thing to happen, committing suicide as a result of having that kind of addiction and nothing left, but a ruined life and relationship with people who care about you before.
Either you become a criminal or taking your own life to escape with the burden of getting addicted,
things that madness can take you if you engage too much with gambling.
This is why it's very important to know your limitations when it comes to gambling. If you don't set it from the very beginning, you are doomed to fail in the end. You should have a game plan even before entering the industry since it's a risky one. One must not just entrust his fate with the flow because once you got swayed by your feelings and your ambitions, you'll likely to chase the winnings and the prizes that come along with it just to satisfy your desire to aim more and more.
Then once you get accustomed to the process and the routine, you'll eventually get lost into it because of dependency or craving. Which could lead to unsupervised money spending and excessive time allotment that could cause more trouble to you and later on will force you to resort on things you wouldn't actually want to do.
I agree with you that knowing your limits not to chase too much victory at gambling is better than having to keep gambling until you get that victory and for me there is one way and I have done this but this is not recommended.
The other day I was trying to look at my own gambling limits for example I was only chasing wins with a budget of $30 in one week and I bet everything on sports betting if I won I would withdraw the money but if not I would not gamble again for a week waiting to have a budget to bet again .
But keep in mind that I'm doing this using cold money or signature campaign money so it's just like trying my luck and it's not a good recommendation.