Its already wrong if you got into the point that you already placing your whole investment inside gambling it will affect our life and it wrecked everything the more we understand the risk the more we should assess our self lets make it just for having some fun and avoid being addicted.
If a gambler is foolishly giving all of his investment for betting I think that he is already addicted with gambling, I mean who is gonna foolishly bet all of his money on gambling that are risky and not worth your whole time and money right? but I think some people that are doing this are really in to gambling and already addicted to it!
Possibly, there's no room for foolish people in gambling as even though games are entertaining but when you lose your money that is not intended from gambling you won't feel the entertainment, rather you will be devastated and will regret your negligence towards a risky game called gambling.
That's the fact that when a person loses as he gambles he is blaming the game itself but not his own decision to gamble.
That is making gambling wrong for making a fool gambles by not accepting the risk that he may get as he gambles.
But in sum up, gambling is not wrong as it is a business for big tycoons and one of the biggest industry.