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Parents should be a good example for their children. We know that the nature of a child is to imitate their parents. So, as parents act, children will surely try it too. As for this, the thing that must be done is to inform the child's awareness of the things or consequences that will occur if doing so (this can be related to any action that has consequences).
There's no such thing as a perfect parent to be a perfect example for being good as it would be followed by your kids.I've seen some parents which do mold or guide their kids on the right way or good path but still
ending up on messing up their lives due to their own decisions into their lives.Yes, nothing could really be controlled but showing off something good into your kids is mostly or likely to be followed by them.
We know that MJ is a known heavy gambler then its no surprise that his kids would really be going into the same path on that their Father is doing and since
they do have the money to spend and use then expect on what would be the result.
His life could've been in different path, if he hadn't earned big. Life is all about the earning and based on the same will be their spending. What MJ have spend never hurts his lifestyle in any means, so is his son. Father and son into gambling, parallel to the same they're good with their respective profession as well as into their businesses.