Risk management is most important thing in gambling sector. If you are not able to manage you risk then you have to suffer a lot after playing gamble. Because new gambler don't know actually risk management they play as a new and when they faces losses that time they suffer. Risk management is most responsible think in gambling sector because no one can't be an successful gambler without it.
Of course, this is very important for those who gamble, because if they don't have risk management in the gambling they play, of course they will spend more of their income on gambling so it will be difficult to meet the needs they need.
I think those who have just started gambling certainly don't understand the gambling they are playing well, so they experience defeat and only then can understand gambling well.