Experience in gambling doesn't guarantee immunity to the powerful grip of emotions. Imagine a seasoned gambler, someone who's seen it all, yet still susceptible to the irrationality that can cloud judgment during a losing streak.

Emotions are like a switch that can flip our decision-making process on its head.  You're absolutely right:  winning breeds a sense of confidence, leading to calmer, more calculated choices.  But losing can trigger a cascade of emotions – frustration, desperation, a burning desire to recoup losses.  This is where even the most experienced gamblers can fall victim to the "fog of loss."

Experience can be a valuable tool, but it's not a foolproof shield against emotions.  The most successful gamblers recognize this vulnerability.  They set limits, knowing when to walk away before emotions take control.