Yes, but even so, it still does not mean that your prediction or choice is the most appropriate to produce a win because after all we never know whether our prediction is correct or otherwise, in fact, it is not uncommon for me to experience defeat in sports betting even though I have previously applied the right analysis according to the statistical data owned by both teams at that time but still the stronger one ended up losing, so I can say that reducing the possibility of the amount of loss depends on how good the limits you apply and not how hard you try to find the most correct prediction because after all it will never be known.
It affects the potential indeed, and it best to have an equal budget to make sure that you are in-line with your suppose allocated amount for your gambling, it's also shows how discipline you are when playing, it's a sole responsibility that you needed to established as a responsible gambler, making sure that you'll not going to over-exceed with your money and with the amount of time that you'll going to spent for each gambling participation that you'll going to take.
Yes, it is best to build a plan that is mostly directed at prevention such as setting limits on the amount of bets, setting limits on your expectations of winning and also maintaining discipline and awareness and being responsible, that is the main task of gamblers rather than focusing too much on things to increase the chances of winning, I really understand that getting money is very fun but the problem here is that we never know about what can guarantee victory, so it is better to focus on minimizing the possibility of risk, or making everything balanced is better.