Yes of course can give you a lot of lessons in life, in terms of financial losses that can teach you how to value money in a matter of time. Because thar time you are engaged in gambling is you are not thinking to earn money for your family and the only thing you aim is to win and not lossing. If we generally analyze the whole idea here, you didn't expect to loss and yet you really loss because gambling always make's you loss rathen than winning. Having a bigger lossea that cannot be recovered by playing again will certainly give you a nice lessons that will also give you the principle of not joining gambling bets anymore; life will be change as well.
Problem gambling can have a detrimental effect on personal finances as the attempt to chase loses become unmanageable. As well as spending wages, savings and spare cash, debts can also be a feature of problem gambling as a result of borrowings and loans to cover gambling loses.