I think the strategies we adopt and risk management can have efficacy to reduce our losses when our greed and emotions have been tackled and taken care of. For instance, you became lucky to win $100 with a $2 bet on your first 2 sessions but got greed to want to double it and you eventually lose it in the next tria. This has nothing to do with a lack of good strategy but an act of greed
The gambling itself had a risk of losing the money and gaining huge multiple times by the luck and strategy.Some gamblers will play with their own strategy to make the money in the gambling site.The most important factor is the gambling strategy will not exist for longer period of time.So the gamblers should cash out their money after the reasonable amount from the gambling.If the gamblers play the game with more greedy,it may leads to the complete loss of the winning money.So it’s better to take a small profit.