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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.

Too bad most people are being greed rather than entertain in gambling. Well, because that's how it should really is, that's why they call it gambling because they need money in fast way making them greedy in it.

yeah, greediness is not avoidable once in gambling. All of us wants to win when it comes in gambling. But gambling is really just for entertainment and if most people do this just to gain profit lot of people will become addicted in gambling and that is too bad.