I know its been repeated constantly but don't gamble what your not willing to lose. Keep a portion of your funds for your gambling budget and use the rest for your necessities. Some people like to spend their extra money on alcohol, concerts, clothes, but I prefer to use my extra money on gambling since I have a fun time doing it. I allow myself a gambling budget and I don't go over that limit so I don't have trouble with not stopping.
Exactly. You need to know when to set limits when doing the practice of gambling. Otherwise, you would risk it all, without obtaining a reward in the long run. By separating some money specifically for gambling, you can rest assured that you'll never spend all your life savings in a gambling game. When all that money is spent, then it wouldn't have any negative effect over your financial life because it's been separated specifically for gambling. However, if you place all your income into gambling, then that's a terrible decision as it could lead you to undesirable losses that will cost you dearly.
Some gamblers are highly addicted to gambling games and never stop playing them. Even when they see that they'll lose everything, they prefer to risk it all with the hopes of becoming rich by playing such games. However, in every means, it's important to know when it's the perfect time to stop, as it'll be quite impossible for you to get out of gambling once you're totally into it. By following the necessary precautions, you could stay safe in gambling and avoid many undesired situations within the long term. Therefore, it is up to you to determine when it's the right time to stop playing these games before it's too late. Just my thoughts