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I think its because you can easily doubling your money on gambling but the risk is you also can easily lose your money on gambling. I think gambling is makes more addicting when you win much money on gambling and it's make you want gambling more.

which makes gambling so addictive is not only when we win the advantage, but if we lose any money we would gamble again to regain the lost.

Yeah I agree with you whatever results you get on gambling than likely you would go back to gamble again. I do not know what magic is used by the gambling site for players to keep play gambling. but if you gamble you definitely feel very enjoy and exciting right ?

It is not the magic itself man, we are the only making ourselves addicted to gambling and that is for one reason which is "greed", with that we never get contented if we lose or win.

Here are my speculations why gambling is really so addicting:
1. Entertainment / joy when you are gambling your money.
2. Greediness
3. You want to return the lose you have made.

Add some if you think there are.

Yeah for point 2 and 3 are make any sense but for point 1 that entertain yourselves when you spend on your money like nothing without hoping to return back? Will that OK for everyone? Especially are you feeling some joyous moment when you lose your money that instant? Doesnt make any sense though

It should be summarize into 2 only, Entertainment and Greediness are the main reasons, if you are greedy you will not be able to stop even if you will or lose big so the outcome would always be lose on your part.

Entertainment at first, the fun of doubling your money in an instant then in the long run, it will become greed on winning or addiction to a certain level that cannot be stopped.

That is really the reason why gambling is very addicting at all because of the entertainment it can give to the gamblers.
And to be exact even a person already have money and yet he still gambles.
He doesn't think about winning at all as long as he enjoys.

I guess not exactly. Not all addicted in gambling is enjoying their game, some of them really wants to get back what we lose so that they are betting again and again. The excitement that we felt in gambling is also one of the reason why we wants to gamble. But not all the time we actually enjoys it because if we lose, do you still enjoy it? I don't think so.

The very main reason their is really the wants to retain back their loses in single play, but some other gets addicted because of peer pressure and they are just been lured because the people surrounded by many gamblers and thats the reason why they hook to it and they have been able to make it as their daily routine which is bad, and possibilities that it can make them arrogant and wants to make all things just to have money to gamble.