We read a lot about gamblers who are very aware of the risks of losing, and because of that awareness, they’re already willing to lose even before they start gambling. What happens is, they become more loss-oriented (to stay in control) instead of win-oriented.
This is similar to a risk management strategy and it is primarily aimed at reducing losses rather than winning. And no matter what you call such a player, this approach to the game is more correct, since by limiting losses we get the chances to win.