We are used to say that a gambler should gamble with an amount he can afford to lose but in the actual sense do we think there is any amount a gambler can afford to lose? When a gambler places a stake what he sees is not the stake but the potential win. This is why when he does not win he panics regardless of how little the stake is and he will always mention the potential win rather than the stake as the amount lost. The gambling system especially sports betting works in a way that as a game plays the value of the stake keeps increasing and what may appear to be what the gambler can afford to lose may rise and become what he can no longer afford to lose and this becomes a source of concern for the gambler if he losses the bet. In fact, if a gambler accumulates the total of what he thinks he can afford to lose he would know that he is losing what he cannot afford to lose. I think that any penny spent on gambling is a money the gambler have decided to sacrifice with the hope of getting a bigger amount and not because he can afford to lose it.
What's your position on this thought?
Well, sorry but I would say you speak for yourself alone and not for everyone generally, you simply assumed everything you said with nothing as a basic fact.
As far as I can remember, each time I lost a bet and was going to tell people I lost money on a bet, I've never used the potential winning as the amount of money I lost, I've always told people that I lost the actual amount of money I staked on the game.
And as far as I can remember again, I place bets using amount of money I am very sure I can afford to lose, and what this means is that if paradvanture I lost this money, it's not a problem to me at all, I won't think about it twice or even allow myself to feel bad concerning the loss, this is what losing money one can afford to lose mean.