Well for first timer I guess that will be the effect but if you are gambling for a long time now then I think that your gonna be addicted too if your will is not strong enough then you will fall in the depths of gambling addiction.
The best thing in gambling is that you have to know to stop and that is the most important one.
Then how would you control yourself if your really addicted to gambling? an addicted person does not have a self control anymore and I think that he will certainly need help from a psychiatrist because of his condition.
I can say that I am addicted but I still can control myself on my gambling problem. I know that I am in negative but I keep on playing it too. You just need have to take control of your money problem which can lead you too broke. It is not wrong to keep on gambling and addicted gambling but you really need to control about your money flow. Play only with your spare money so it wont do any harm to your finances