Dont you find it funny, that "no risk = no gain" can simultaneously be "risk = no gain", but it almost unlikely to be "no risk = gain" situation? That no matter how much you risk you can still lose. Originally it suppose to mean that you cant achieve without trying, but it turns that you can try, spend time money and still fail. To this quote, I would like to add the word regret. This would suit perfectly as a motivation and a lighthouse for every gambler. No matter how you play, how you deal with your money and how your life is going, a person should never regret what he did. This is his life lesson, experience and he should accept it no matter if it is bad or good.
And what if there are rare instances like receiving an unexpected inheritance where "no risk = gain" does indeed seem plausible 
However, as you noted typically to gain something substantial one must be willing to take a risk whether it be of time, money or effort.
Each situation demands a unique approach to risk and how we manage that risk often defines our outcomes.
I agree with your perspective on regret as well. Every experience, whether positive or negative shapes us. Embracing each as an invaluable lesson allows us to transform our experiences into strengths.
What happens is that when things like inheritance are something inevitable, there is no risk, but it is a great loss that is suffered, so everything has its risk and effort in the same way, so this is something that will always be noticed, Personally, I say something, in everything in life you Must take risks in order to have some profits, and the most you can do is lose the rest if it goes well , then you win and big, so what happens is not bad. This also applies in the casino, when we play we know that money is at risk, in investments and everywhere, in gambling the risk is much stronger, there are people who have lost everything because they do not know how to control themselves, that is something This happens to many players and is what should be Avoided.
Its true, every aspect of life involves some level of risk and managing it effectively is important. And in gambling we can see how risk plays out in more intense environments.
Its important, as you note, to maintain control and awareness. I think it underscores the value of self discipline and the need for effective risk management strategies not just in gambling, but across all areas of life. Learning to navigate these risks, understanding when to take chances and knowing when to step back are essential skills that can lead to significant rewards or protect us from serious losses.
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