I assume that people come to the gambling industry as inexperienced people. And in the process of their activities, they gradually learn from their mistakes. Unfortunately, some of these mistakes are dramatic and cause us quite serious psychological trauma. As a rule, this is due to gross errors and stupid persistent beliefs that push us to the edge of the financial abyss.
First of all, this is risk management and money management. The second is probably unsystematic play. Let me make a reservation that I do not mean casinos, as well as people playing "for fun". I mean sports betting.
So, how much did your mistakes cost? Did they cause you a serious psychological blow? What were your mistakes, did you learn from these mistakes and do you apply this knowledge in practice now? Were these mistakes simply painful, dramatic or catastrophic?
I have never really been addicted to gambling, because I try to gamble responsibly and I don't gamble with so much money, I only gamble with what I can afford to lose, so I have never really been in a very bad situation in gambling. Although I have one experience recently that I really regretted, I needed some money recently, so I decided to just try my luck in sport betting, I was giving a cash of almost half of the original winning, but I refuse to cash out, but I end up losing everything which I think it was greed on my part. It hurts anyways but I also learnt my lesson and will not make such mistakes again.
These are the realities, a person who is greedy will eventually face losses, so one of the most important things in gambling is to control your greed, just like you refused to withdraw cash because of this greed and in the end you lost everything, but you learned from it and promised yourself that you will not be greedy again from now on, but in such a situation most gamblers become more greedy and emotional, and they start gambling more, and they want to get back the lost money by any means, and because of this they face bigger losses, so just like you learned from your mistakes, every gambler should behave like this, and be realistic about gambling.