If you want to practice proper gambling budgeting and see that it works effectively, you first have to start from personal budgeting and then you can easily implement it in your gambling.
What's your take on this?
My take on this is that if we treat gambling like the way we treat the things we spend our little money on, which don't actually matter or add much value to us, then most of the gamblers might be a moderated one.
The money we spend on little things we don't take account of automatically before we finish spending on them has already been recorded as being gone. We don't expect a return, and that's it. But the moment the mindset of something can come out from here is in us, the amount we spend increases, which is what makes gambling different. We risk money in gambling because of the hope to get something higher.