I agree with you, OP. Following these guidelines is essential for becoming a smart gambler:
1. Have a side hustle that earns you money weekly or monthly.
2. Only risk what you can afford to lose.
3. Lower your expectations regarding gambling outcomes.
4. Remember that success in gambling is unlikely; the odds are 1% success to 99% failure.
If you truly want peace of mind, don’t rely on gambling as your sole source of income. Consider getting a job or starting a business. Enjoy gambling as a source of entertainment rather than as a way to make money.
You just got them all. Many gamblers depends solemnly on gambling to survive and that has be wrecked them to the bottom of the sea. But if the gambler has extra skills that helping him to bring food to hai table and paying other bills. All is well for him. And he has to play gamble responsible. Gambling can distablize a gambler's plan to achieve more things in his life. If he is not focused.
High expectations can make a gambler to loss big because he wants to win big and solve all his problems at once which is not possible. I really like the number 3. A gambler might hit the 1% but has to keep in mind with the 1% success certain once a while and if peradventure he wins with the 1% in a game. That should be his lucky of the week.