Gambling simply means putting your money at risk.But that risk will entertain us until we take risks beyond our ability to lose. Whenever we take risks beyond our ability to lose, it will stress us out instead of entertaining us.
And that's why I think every gambler should set their own risk-taking limit before the start of gambling and should gamble accordingly later, otherwise they are more likely to be in danger. And after observing these things, I myself currently always prefer to play it safe, as it is always below 5% of my monthly income.
Setting a limit is very important, there are gamblers that claim to gamble only for entertainment but they end up spending recklessly and taking high risks all in the process of entertaining yourself. Gambling is all about taking risks but as a smart gambler its better to take reasonable and calculate risks instead, like you said, whenever we go beyond our limits it no longer becomes and entertainment to us