Do you think as a gambler we should allocate specific amount to gamble? The answer is Yes if you a gamble you know the risk that gambling is involve money and if you dont set a budget you can go crazy and lost all of your hard earned money.
We know ton of story here in bitcointalk and other chat platfrom that people lost control and lost all money because fear and greedy so the point is yes we need to allocate some money depends on your strength
Setting the amount of money to gamble is a must, which is a limitation for us not to lose more than what he can lose, it is one of the principles of responsible gambling, setting the amount of money to gamble is setting limits to lose money.
Yes, a lot of people lose more because they lose control when they don't set limits, such as setting the amount of money to lose on gambling, but some people are skeptical about this, they prefer not to limit the amount of money they want to spend on gambling, such as a percentage of the money they get per month.