I believe it is crucial to be aware of the different things that you need to be mindful of when gambling. Risk Management is important if you were to gamble because you would know how much you can afford to lose, and by knowing that, you would limit yourself. That would come with chasing losses. If you chase the losses, you will also increase them more, so stop and do it another day.

Make sure that you know yourself and you are not addicted. Be honest and stay aware.