It is better to risk smaller amount when you are gambling rather than gambling with bigger amount. Even though the amount of possible profit is also small but still you are going to have more chance of winning by betting that way because you can afford to lose with smaller amount. And also just don't be too greedy enough when gambling.
Small amount of betting is great to have fun cause we will be able to accept our loses easily, hence it will increase the entertainment value of gambling.
Yes, it is going to be fun if you are just going to bet small amounts. Whether you are have a good financial status still gambling with discipline is always the best thing to do. And even we are losing, we can simply keep on gambling again and again because we have a lot of tries to make unlike betting with high amount, we can be bankrupt easily.