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?
The reason why it is afford to lose is that, when gambling, it is either you lose or win and if you win, it's your luck, and when you lose you forget about it, you can play your game for a very long time before you win or you don't even win at all.
As a gambler you must have made a total amount of bank roll which you will be spending for the whole month and even the year, am sure it will not be compared to the total amount of your personal needs expenses, spending what you can afford to lose will amount to close to nothing even if cumulatively calculated will still be nothing .
The money afford to lose is like money you use for ice-cream or any other fun that you see as not important to your life and will not affect your daily expenses.