The ones who are consistently losing money at gambling doesn't really understand gambling in first place, because the ones who understand gambling from its core would never lose money in it.

I have been part of the gambling platforms and so far I haven't faced huge losses because for me it's just a fun activity and I only get serious about it during sports events.

I do my research properly before placing any bets on sports events, and even on those events I try to reduce my bet amount so there won't be much losses if even I don't win the game.