The necessity or compulsion that will prevent us from experiencing the effects of risk in gambling is to limit money when gambling, as you said, this is clearly true but will only be done by a small percentage of all gamblers. Because the temptation of casinos is so great, sometimes when we are careless we are easily influenced to bet there.
Yes, if we don't want to experience significant losses, we must try this step as best as possible because we will definitely experience the results with great happiness.
Limiting the money to playing gambling is one rule among many other rules that we must have when playing gambling. We must stick to the rules if we don't wants to gets trouble in gambling. Many people already breaks their own rules and can't survive in gambling and becomes addicted to gambling. The temptation of casinos will always be there but if we can stick to our rules, we will not tempted and will enjoy gambling as an entertainment. We can treat gambling as a fun activity and will not used much money because we don't wants to gets trouble. When we losses, we will not try to recover the losses because we knows that can makes us lose more money because that can related to the emotional that can increases.
Limitations are a nice idea for gamblers and will help anyone to excel in gambling. The problem revolves around self-control and discipline. Gamblers, find it hard to realize why they can't stick to the limitations they made available for their good and financial stability. However, they forget it's an actively steady action that shouldn't be neglected. Lossing can help a gambler erase his limitations from his thoughts. The urge to continue gambling consistently occurs in the gambler's mind. Hence, he may not get hold of himself anymore, as he needs to get back his funds. Addiction sets in the moment a gambler is no longer in control of his behavior. The addiction level increases gradually, and the player forgets every single financial target he has to practice.
I prefer that naive gamblers get a coach who'll guide them on what to do or not. Gambling urge remains what it is, players need to focus on becoming responsible at all costs. Imagine the pain addiction puts on an entire family or society. It's something we have to be careful about. Playing on our own self-promises can be dangerous, many players have tried this and failed. Read lots of gambling books as a gambler and realized how hard it is to gamble alone, with no mistakes that could lead to addiction. Having a gambling buddy can help us cross-check our behaviors in the form of examining the fresh habits of one another.