But at least with having an allocated budget on gambling to spend is truly good. Since somehow we will have a reminder to our selves that we should not exceed on our limits and we are done once that amount is been drained since that means we are not going to be lucky today.
Doing things responsibly is key to survive and succeed, and if people do things irresponsibly, they will get big troubles and related to finance, it means big losses.
Life is not only pure of luckiness and lucky days so if you are careless and don't have proper management of finance, risk, and your activities including gambling fund and your bets, you will lose all money in bad days.
Aside from setting a budget we should have a good exit plan on which we should need to quit once we hit our certain target. Because this will make us a winner and could make sure to take home some winnings if we able to do this things.
Self-limit gambling budget daily and in total, how many bets you make daily, and be disciplined with it, you can control your action better, reduce a lot of risk and minimize risk of getting huge loss or complete loss of all money you have.