~snip~
You should be considering both, time and money. There's a reason they say that time is your most precious asset, as it's something you can't buy.
Many people fall into the trap of focusing on money only and end up spending long hours on something that brings them very little profit (if any), not noticing that they're effectively earning peanuts per hour.
If you consider gambling to be entertainment and therefore don't mind spending your time on it, then I guess it's fine (although not necessarily healthy).
It is absolutely true that time and money must always be paid attention to and become valuable thing by protecting or using it as well as possible so as not to have negative impacts that can occur when time and money are not managed well.
Indeed, time is valuable asset because it cannot be bought and when managed well, time can produce quite valuable profits and uses.
Likewise, when someone does not manage their time well, they will only experience problems, difficulties and negative impacts.
We all know that managing money and time has often been discussed and must be able to be done by everyone, especially in gambling activities. By managing money and time, gambler can avoid losing streaks or even gambling addiction.
Although this is not guarantee, there is pressure to minimize the occurrence of these things.
Everything they do is in accordance with the goals and approach they have taken towards gambling, maybe they can accept all losses for long time in gambling but there are also those who cannot accept defeat even though they have only gambled for short time in one game or betting session.
The size of the money used is also very influential in this matter.
Spending time and money gambling? Please be honest. We realize time is irreplaceable. A gambler? All about control. Losing track of time is a bad sign. I think prudent gaming respects time and money. Then, cash flow. Simple: bet within your means. This is clever and necessary. People chase losses, putting good money after bad. Its a slippery slope that leads to trouble.
Finally, belief. Gamblers typically believe "Im due a win". Nope. Each stake is separate. Knowing this is vital. Knowing the odds and playing wisely is more important than taking losses for years or not processing them. Play safely, stay smart, and remember gambling is a hobby, not a job.