Some people gamble for fun which is the right reason someone should gamble. If you want money from gambling, let it be small in a way that you will still not use more than small amount of money to gamble. Do not gamble because you want to make money and be using high amount of money to gamble because gamblers are always losing than winning. The losses are so much more.
Yes, I agree.
Of course everyone is different and have different mentalities, but at least if you treat gambling as an entertainment payment, then you can manage it better than treating it as a source of income.
People have lost all their money multiple times, that's why casinos are so rich.