Many may have advised you to stay away from gambling as it can lead to a compulsion that can disturb your financial and mental stability. But, you may also have seen the examples of people becoming filthy rich overnight because of gambling. Everyone knows there is risk in gambling, but how many can tell how much? Every time you place a wager, there will be a chance that you will lose the bet. It is true that you can never be certain of winning. In order to minimize the risk, you need to pick the right games, learn the rules, manage your budget, control your habit, and stop when you feel you are losing control over your money and decisions.