Your biggest enemy in low-stakes gambling is yourself. The moment you lose control and step outside your betting limits, that’s when serious problems can arise. For low-stakes gambling, it’s important to be content and avoid being greedy when setting your goals.
It’s unrealistic to aim for a huge win while consistently betting small amounts, like less than a dollar. That’s basically like trying to hit the lottery, where the chances are incredibly slim.
Greed is indeed every gamblers’ enemy, I’ve come to understand that the reason most gamblers losses more often in gambling is to because they do not have the right strategy, but they allow greed to get in and make them not to stick to the strategy or the limits they’ve set for themselves, and when this has, they gambler begins to experience more losses than wins, regardless of how effective the strategy really is. If gamblers can try as much as possible to completely eliminate greed when they’re faced with situations that requires them to make cerain financial decisions.