There was a story my sister told me about recently this week which, if I may say kept me wondering how some gamblers actually think and to my conclusion I really think it is scary at a high risk.....
Another story from the category of true stories?

Just to keep it brief according to her, she said a friend of hers was given a huge amount of money to hold which was supposed to be a token to someone who was getting married, but then he went on using the entire money to gamble and hopefully he won which was out of luck. So yeah he got a good profit out of a very high risk but still, the funny part of it all is when he gambled again with all the profits he made that was how he lost everything. Hopefully he didn't lose the money that was handed to him .so that leads to my first question what are the chances of getting carried away as a gambler?.......
So, did he lose his deposit and winnings, or just his winnings? You've confused me a bit.

Although, I doubt that, like any gambler, he could resist losing literally all his bet.
Basically I believe temptation is one thing, addiction is another, and overall, being disciplined is what every gambler should ensure to maintain.
The first leads to the second, and the third allows to protect yourself from the previous points.
Because risking money that isn't yours would indeed cause you issues along the way e.g., getting depressed and so on.
For example, the risk of losing fingers (for starters).

That said knowing that you can never really 100% certainly analyze your predictions should be a limit to your mind as to how you get funds and how you would gamble with no guarantee if you would make a profit or a loss.
But every gambler thinks that he knows the outcome of the event with 200% certainty.

So my second question is, is it really compulsory as a gambler to take a high risk by gambling with money that isn't yours[/b]? .....
This should be called ultra-high risk. Should never gamble with other people's money. This should be accepted as the fundamental law of gambling.