very true YYZ
another thing, when your'e young and loosey goosey, the gambling wins and losses don't matter much, because you can always get more money rather easily. but when you get older, money becomes a little more important and you realize that you may not be able to keep making good money forever, and most of us tighten up on gambling then.
then the bad beats and big losses become more pronounced, your attitude suffers, the wins seem to be fewer and farther between, frustration sets in etc. gambling doesn't seem as much fun anymore. i have been gambling for over 50 years and the last 15 years or so have been hell. i can't remember the last big win i had. i play quite small now and enjoy it more, although the excitment has faded considerably.