Pot-Committed
In making a wager, there are only to possible results. Either you win or you lose. It is important to know when to go all out and when to reserve some. Gambling is a lot like business. You invest a lot if you know that the business is feasible and hope that you 
get the return of your investment the soonest possible time. In the event that the business fails, you end up losing your investment. It is wise to not invest all of your money. Leave some for yourself just in case it goes bad.
Pot-committed is often used to describe a situation wherein a person is facing a big risk of consequence that he might just go on with it. There is no turning back since you are almost there. In poker, this is the case when a player puts a lot of his chips in the pot because of the good odds. Another scenario could be that a player is forced to make a call since he already has a lot in the pot. It is important to know how to manipulate the pot size and work that to your advantage by trapping your opponent. People find it hard to fold if the pot is already large and his opponent goes all-in. It is never wise to add more money in the pot if you know that you on the losing end.
In playing poker, it is best to look out for signals before making a bet. Assess how the game is going and if you indeed have a chance of having the best hand. Being pot-committed is never a good thing because you stand to lose a lot or win big time. Play defensively and think of all the possibilities. Learn to stop when you know you are about to lose to minimize your loses. Be aggressive if you feel that you have the best hand.