I've never gambled, but from what I've seen, gambling seems quite risky precisely because everything depends on luck. Unlike trading, where you can study and better control how much you risk, in gambling the outcome seems completely unpredictable. Therefore, I think betting everything hoping to win more can be quite dangerous.
But is there any way to play more safely, even knowing the risk is high?
Your words seem very realistic. In fact, reducing risk in gambling is not entirely safe. Some people think that if you play small amounts or set a limit, you can stay safe, but when everything depends on luck, there is no such thing as control. The most dangerous thing is to think that if you win a little, you will win big if you play more. So no matter how much control is talked about, in the end, it is not in your hands many times. There is no such thing as safe gambling, so the wisest thing to do is to stay away. And if you want to move towards gambling for fun, then that is your personal matter. If you can gamble with caution, then you can enjoy that gambling more.