This is why when he does not win he panics regardless of how little the stake is
The bolded part is where I have an issue with your post. If you are panicking about a bet, you likely bet too much and shouldn't be betting any longer as you are probably letting fear drive you in life.
When people say bet what you can afford to lose, they mean you have $20 laying around and if you were to lose it you wouldn't be panicking and scrambling on how to replace it. You can have a little fun without consequences basically.
The way we are gambling are different, there are some people that will earn $100 weekly and use like $70 oraybe the whole $100 to gamble. If someone like that are gambling, they will panic.
They take gambling like it is business, they will lose so much until they later know what gambling is.
I bet with little amount of money. I can not go more than 2% of my income which is how gambling should be. I also completely disagree with the OP.