There's always a big risk when you step inside gambling. If you don't have the right sets of knowledge and if you are aggressive in trying to recover your losses, expect that worse will happen and you may go far into addictions.
That's the worst approach anyone can take to the gambling arena. A case of vengeance over what you have entirely no control over. It's like chasing the wind, then your emotions loses its rationality and then you spend all you have, damning consequences. Budgeting helps a whole lot.
I completely agree with you, budgeting, which in other words, i could refer to as setting up some limits, is indeed very helpful in making sure a gambler does not gamble out of control. A gambler who is not sure about him or herself can try setting some loss limit, this is like an amount of money that if lost to gambling in a day, week or month, the gambler will stay away from gambling for that day, that week, or the whole month until the next one.
Some gamblers also advise setting a profit limit, which is that amount of money if won in a day, week or month, the gambler will stay away from gambling for that set period of time. But personally though, i don't see this as that feasible, it will be hard to keep such a limit as this, for most of the time, when a gambler wins a reasonable amount of money is when the urge to gamble more is highest.
And determination is also something we can't do without when it comes to setting limits, for anybody can set limits, but it takes determination to keep to the limit, which in other words, i personally assume to be budget.