Hehe, no one wants to lose.

How many people chase losses because they don’t want to lose? Or they don’t want their money to disappear so they keep chasing losses until everything is gone.
Often trapped in a casino game that ends up losing a lot of money, but now there must be a principle when gambling you must be prepared to lose because in gambling losses are greater than wins.
Noone wants to lose money, and nobody want to lose more money after having some losses and a long lost streak but they mostly try to revenge and get their money back. This revenge thinking forces them to continue their bets and eventually lose control of their bet decision making ability so they will lose more money. If they can not wake up soon enough, they will lose entire money they have and it's how addictive and irresponsible gamblers mostly do.
Just 1-5% of monthly income for gambling is enough the smaller the better because if it’s larger the potential for loss is greater.
It is one of very first steps to do in gambling but it is very vital for your financial management in general and your risk management for your gambling activities and your gambling fund. If you determine your available gambling fund monthly, you have clear idea on how much fund used for bets, then you will more likely be able to control your fund, risk and less likely lose all money for gambling.