Talking about getting hypnotized is easier for many people than openly admitting to have lost money to a casino because of their greed, though. That is really what all of this is about. It is not exactly about excuses, it has more to do with managing ways to cope with seemingly bad choices we make every single time we lose money, due to gambling, investing or even getting scammed on the internet.
There is a saying that goes: It is easier to fool someone, than convince such a person they have been fooled. In the case, bad gamblers decide to fool themselves with the illusion of not having full control over their actions and choices.
Ironically, when everything goes alright and they manage to get money from their choices, there is nobody to point fingers at, and they feel like geniuses of gambling and betting, exactly the opposite of the scenario which ensues when they are defeated by their own greed and the edge of the house.
Of one is not ready to accept loses and move on from them, one is never supposed to have stepped into a casino or signing up on one online.