As a gambler do you think we should allocate specific amount to bet on?

[Cryptsafe]

Gambling as we all know is for fun but the narrative and initiative changed to making profit and earns meet as time went on...

This is when greediness starts to kick on. When people start to experience excitement and it becomes too much, hype on, and thinks, "oh maybe i win this much after this bet?". Those who doesn't have controls often falls for it, snd become addiction.

Well said, which is why gamblers should make every effort to control their greed. Greed is inherent in humans, and the desire for wealth makes it even more difficult to control greed, which is why controlling greed requires extra effort. I would like to point out that some gamblers' actions are motivated by greed, which is also responsible for their losses.

Gambling with greed has never produced positive results for a gambler in the long run. Let it be noted that a gambler with greed may be fortunate to win, but if he fails to control his greed, the funds won will undoubtedly be lost and as you have mentioned can become a road map for gambling addiction.

I believe only self discipline can control greed. When a gambler sets his or her gambling boundaries or limit a.k.a budget and work in accordance with it without being carried away by their emotions as a result of the outcome of their results irrespective of what it is, they can be able to overcome the greedy nature in them while gambling.
Although it is natural that humans are insatiable and would want to accrue more and more to satisfy their needs and have more in abundance but it takes  self control to be able to put oneself on check to avoid being overwhelmed by their actions.

[KingsDen]

In order to be a moderate or a good gambler, budgeting is absolutely necessary, else, you are at the risk of being addicted or spending unnecessarily. And for you to be able to budget successfully for gambling, you also need to define the purpose of gambling.

• Are you gambling to be suddenly rich?
• Are you gambling for fun?
• Are you gambling to be able to buy weekend groceries?

Your purpose of gambling will largely affect how much you will invest in gambling weekly or monthly. Also your risk taking ability has a big role to play.

[0t3p0t]

In order to be a moderate or a good gambler, budgeting is absolutely necessary, else, you are at the risk of being addicted or spending unnecessarily. And for you to be able to budget successfully for gambling, you also need to define the purpose of gambling.

• Are you gambling to be suddenly rich?
• Are you gambling for fun?
• Are you gambling to be able to buy weekend groceries?

Your purpose of gambling will largely affect how much you will invest in gambling weekly or monthly. Also your risk taking ability has a big role to play.

True. But for irresponsible gamblers they still insist to gamble even things are not in a good condition or regardless of those factors you just listed above they will still give it a shot no matter what happens and we all know there is not only one victims on this but many. Mindset and discipline plays an important role on this to be able to resist the urge and put limita to lessen the chances of losing huge amount of money.

[Cryptsafe]

In order to be a moderate or a good gambler, budgeting is absolutely necessary, else, you are at the risk of being addicted or spending unnecessarily.

Your points are right here.  I have come to realise that most gamblers fail to make a budget for their gambling and this affect their gambling lifestyle and in some cases, they tend to gamble with a probability mindset of winning or not winning and when it is the unfavourable odd, they gamble to recover their lost funds by  so doing they chase their losses and in so doing they keep the circle going on and on and also recording losses upon losses

[LUCKMCFLY]

I have always been an advocate of setting an amount of money willing to lose in each gaming session, in fact not only in gambling but in trading, therefore those who do so should only have the discipline not to waste more money if lost, at the moment you lose , you should assume such a thing and move on, maybe play another day or in another gaming session , but I recommend not playing immediately after, that's what it's all about, that's why even to play in a casino with this technique you must have a lot of discipline.

[Didia Sofunichi]

I think people should alot a specific amount of money on bet. When people allocate a specific amount of money on bet and follow it strictly then there will be self control and discipline, it will also mitigate reckless staking.

When you say spare cash should be used for gambling, you are simply saying people with out spare cash shouldn't gamble. How many people have spare cash?