From the statement you made, I think it's better to choose to spend less time and money, both must be balanced because as you said that it was very valuable and could not be purchased and I thought the perspective of money was the same, even though it could be sought But still, if you already have it, it is better to use it wisely, it's better. I think not a little or even most gamblers are too focused on the victory of money so they ignore the amount of time they sacrifice only for something that is completely uncertain about the final outcome of gambling.
It's not always as simple as "the less time you spend on something, the better". The time spent should be adequate to the potential winning.
Example: if you spend say 4 hours analysing statistics to place a sports bet, but the expected profit is only $20, then you'd be effectively working for $5/hour, which, in developed countries, is not something most people would consider worthwhile. But if the expected profit was $200, then spending 4 hours is probably justified.