Gamblers always have an interest in their mind if they place a bet to increase their chances of winning. They will try again and again because there is no guarantee when that victory will come. I do it myself where even on the last bet I think I might win that bet but the result is not always the same. But what I have learned from this is that in gambling a gambler must refrain from chasing. The more the gambler chases, the more he loses. And there is nothing to say about the last bet here. As long as a gambler cannot control himself, his tension will be high.
The tendency to imitate others to win bets can lead to financial losses for you which can negatively affect your self-confidence. Most of the time in betting you may have more tendency to lose and you should keep this mind set in yourself as betting is mostly based on guesswork. If you tend to chase or compete with other gamblers, you may develop an addiction which increases your tendency to lose most of the time.
In fact, self-control should limit gambling time allocation and money allocation so as to reduce the tendency to lose excess money. Also, the tendency to over-competition can increase your chances of losing and bet more money than you can afford to lose. I myself allocate particular time and particular money when betting which minimizes the possibility of me losing extra money.
It is not the right choice to imitate others in betting because it can be that when we imitate them we lose in the bet and what you say is very true when we imitate others too often then there will be many losses that we will experience and also lose our confidence in betting, if only this will make us addicted to gambling then it is certainly very detrimental to us because there will be more spending money on gambling compared to meeting our needs.
When you can limit the gambling activities that you do, it will really help you keep from spending too much money on gambling and this will also be able to reduce the risk of addiction to gambling, if we bet more than we can afford when we lose then it will certainly make us very stressed and what we expect from the bet we can't get and we may have problems In terms of finances when we cannot limit the number of bets we play and set the amount of bets we can afford when we lose, of course it is very good in betting.