Money budgeting is very important because that way we are not jumping the gun after a loss. I know because I have been there. Rushing the wins, not thinking straight because I am chasing the losses. Those are not good habits for a gambler and can lead to financial chaos.
That's why knowing how to budget is where you lose the fear of losing and enter a phase of enjoyment, and there's nothing better than enjoying what you like to do, I love to play freely taking out all my emotions, it's the best, but to do it I have my strategy and discipline well defined, by having my risk management ready there are no problems, I am someone who plays without fear, there's nothing better than doing whatever and not being afraid of anything, in any area of life.
Only those who participate in gambling by balancing their income and expenses can enjoy the joy of gambling. In this case, there is no fear of losing beyond their budget, especially if the weekly budget is $50, then there is no fear of losing more than $50. These gamblers can experience the real fun of gambling. Although I have not been able to participate in gambling on a budget so far, from what I have gained in previous experience, I can say one thing: if a gambler has a fear of losing, he can never be mentally fit to gamble. I myself am not fit for gambling.