However, it is always good not to allow your emotions to control you when you are also losing, because you will fail to see that you are on a losing streak and should stop playing because it might be a bad day for you and winning might not come your way. The best way that can make us be able to control our emotions is when we gamble for fun and accept losing as part of the outcome of gambling. That is why you should only use the amount that you can afford to lose, and also know when to quit to enable you be a responsible gambler.
Gambling is naturally difficult to control at times, especially when the gambler loses repeatedly or has a few wins at a time. I would not say that a gambler loses control only by losing. I saw gamblers who lost his control after he won a few bets in a row. He becomes more greedy at one point which leads him to subsequent losses. The gambler has to control his emotions in both situations. And in order to control this emotion, the gambler must give utmost importance to avoiding the issue of making money from gambling. If Gambler can do this I believe he will be able to control his emotions.
I totally agree with you. In gambling it is very important to control our emotions not only when we lose, but also when we win big.
First, when we lose, we think we'll make up for it all in the next game, and when we get emotional, we gamble using extra money to make up for that. And at the last moment we suffer more losses.
Second, when we win big, it seems like we will win big in the next game, and get greedy, and then we start gambling with more money, greedy for bigger wins in the next game. And then go to the loss.
In this case, an experienced gambler knows how to control his emotions properly, whether he loses or wins big, he never gambles beyond his specified amount. And he gambles within control by keeping emotions completely under control, which makes him less likely to lose.
Therefore, it is necessary to develop the habit of gambling by keeping oneself under control, the risk of loss can be greatly reduced due to the control of emotions.