Yes that did happen. Back in those days people used to bet their wives too which is like insane.
At least that's not happening these days or may be it is

But this shows how corrupt our minds can be if we over gamble.
So gambling is a responsible thing and it should certainly be in our limits.
It really is insane when that happens to those who are used as an asset to bet against their opponent in gambling. Let's just say that it is in the past that gamblers are willing to bet their wives or even daughters much like the same as a person where their parents are having a deal or something if they have a daughter and the other party have a son then they have to get married. We are lucky that it was in the past where people are what gamblers used to bet. Being a responsible gambler is what a gambler should be and think what will happen to a person when he/she is a gambler with a corrupt mind.