Yes that's right, the point is as small as possible or in an amount that we can be responsible for, I can't suggest how much they should allocate to their gambling activities because only they know and realize how much their monthly income is and maybe a little idea is that it is more advisable for anyone to only put the amount of 2% - 5% of their total income and this is also the percentage that I always do in terms of putting money on gambling.
Over-approach is always a bad thing and not recommended, and yes you said it, the fear is that we will fall for all the temptations that exist and look like something tantalizing but in fact it is nothing more than a temptation that appears that will usually only trap ourselves. I think understanding what gambling actually is and how it works is something that every gambler should have because with the right understanding it will be easier for them to apply limits with the aim of minimizing possible risks.
The amount of capital that each gambler will use is clearly different because each gambler also has a different income if they work. They should first calculate how much they will spend and see how much income they still have left over. They can determine what percentage they will use for gambling. If they can allocate a certain amount of money for gambling, they should try to maintain that amount and not exceed the limit so that they do not experience large losses.
That is why we must be able to avoid or not be tempted by anything we see while gambling because it is possible that if we are gambling, we will then think about playing other gambling games. It can trap us in gambling games and it can cause us to use more money, which can obviously result in more losses. We must be able to resist all the temptations we encounter so that we can gamble comfortably and not experience any problems. We must understand gambling as entertainment so that we will not endanger ourselves by losing a lot of money.
I agree with you, it needs to be considered because it can lead to bad things happening if you can't handle it. Limiting gambling time is important, including limiting the budget spent. Hopefully we can know the amount of money we can use to gamble, in other words, limit or set the amount. Because there are people who gamble with no regard for this right and make them experience quite serious problems. With those who cannot limit themselves in gambling so they deposit the money back when they lose as you have said.
I myself don't really care about the amount of betting I do, but I gamble no more than 15 dollars, when the set budget is used up then I stop, and come back the next week. I probably spend about 5% of my monthly income on gambling.
Before that bad thing happens, we must be able to prevent it by limiting the time we spend gambling and the money we spend gambling because many gamblers end up losing their limits when it comes to gambling. If they still don't want to limit themselves to gambling strictly, they could experience bad things that could cause them to lose money. Maybe losing money is commonplace for many gamblers. But if it is losing a very large amount of money, it is not worth it for them because in fact, they can prevent losing that large amount of money by implementing very strict restrictions.
You have made good restrictions to avoid losing or having problems when gambling. I also do it because I'm still trying not to use a lot of money to gamble. The important thing is that I can still enjoy the atmosphere in the casino and gamble on the gambling games that I want. And I also don't chase wins because it's difficult for me with limited capital.
To gamble is not the issue but the issue is the preparedness for the gambling activities, many didn't prepare, and that is why we hear all sorts of bad stories about them. Even if people lose in gambling, they can still be fine if they have good plans before entering the gambling house or opening their gambling platform, but because there was no initial learning or warning, that is why they fall victim and it is often late for them to realise this. One of the good plans of gamblers is to know the amount they will be using for betting at a defined time period, they should not just bet anyhow, they should be purposely, conservative and apply wisdom to their budgeting. This is what calls for responsible gambling practice through the right budget, there can be daily, weekly, monthly and yearly budgets for gambling, and the gambler must ensure that he plays by the rules to fulfil them.
After all, it is to his advantage and it will certainly be to preserve his money from wastage. I love to encourage gamblers who love gambling to do it often to limit their excesses as much as possible, and depositing $10 at a go is not a bad idea, especially if one is betting for the fun. One can bet with that 5 times by using $2 in each betting, this will discourage uncontrollable spending in gambling. Also, I do not encourage people to knowingly size the amount they want to gamble with their salaries and earnings, but if you must do so, you should never go beyond 5%. I prefer 0.5%-2% if the money is big, but if it is small, one can still do 5% at most. But it is not such that should be wasted at a go, a good plan and purposeful gambling is also key.
Many gamblers don't know how to prepare themselves before starting to gamble. They think that playing gambling only requires depositing a certain amount of money to start gambling and then choosing the game and starting gambling. No, that's not the only thing they have to prepare because they have to know how much money they can use to gamble and how long they need to gamble. Actually, playing gambling doesn't need to take up a lot of time, but playing enough, like 30 minutes, should be enough for someone to enjoy their free time playing gambling games. This is to avoid more losses and they can also avoid the desire to gamble in other gambling games because the temptation of gambling is so great that it can make many gamblers lose control of themselves. This is where good self-control is needed so that you can avoid temptation and enjoy your free time.
We always suggest things that other gamblers need to know, especially beginner gamblers who often lose self-control when gambling. They still often forget to control themselves because they get pleasure from gambling. They think that they can win some money from gambling so they decide to gamble longer than usual. We also can't compare the ideal amount that can be used for gambling because we have different amounts of money, so we need to make adjustments to the capital we want to use for gambling. Playing gambling with enough money is also okay because the important thing is that we can enjoy the gambling game and not overdo it in gambling. If we can do this, we will not waste money gambling because we are still within the limits we have made.