If you are in gambling, you should risk your money. The risk will not be the same as other things. But risk is risk, whether it is in different forms. We accept the risks and willing to try because we see a chance to get what we want. We cannot get anything in life easily because we need to do something to get it. But there will be a risk to get it so we need to know how to manage the risk. In gambling, you need to know managing fund so that will not lose much or all your money.
If you use your money, spend it for anything with chance of getting rich, you are taking risk. Either investment, trading, gambling or anything else, it's risk taking decision. Risk is unpredictable and uncontrollable so you must have risk management well even before taking risk. It starts with how you manage your finance, and assign a part of it for risk taking actions like investment, trading or gambling. This risk-taking fund part must be small enough in your whole financial fund in order to save your main financial parts even if you lose the small fund for risky decisions.
After doing this first step well, a gambler can move next to learn how to gamble like choosing games, bet strategy and more.