Yeah, many families have been destroyed because of gambling, where the head of the family basically gambled all their money away, leaving the family with nothing.
Incidents like this have happened a lot even before online casinos developed there were already lots of similar cases and what worse they actually dared to take risks by borrowing money from owners or loan sharks in traditional casinos.
It's a shame that many families are destroyed because of gambling and what is really worrying is that a child when his father becomes a crazy gambling addict then he forgets his duties as a father and responsibility as the backbone of the family who needs to provide education, guidance and finances for children but instead prioritize gambling.
When a gambler who dares to take the risk of borrowing large amounts of money just to gamble is the beginning of his addiction and this will be very bad when a regular gambler tries to get a loan to gamble and becomes addicted because he loses all his borrowed money after that he tries to pursue it in any way possible while The pressure of having to pay back borrowed money is one of the causes of gambling addicts becoming crazier about stealing or robbing, even worse, borrowing again in large amounts to catch up on any losses.
This problem is the downfall of a gambling addict who is determined to fulfill his addiction and most addicts who have started to take this bad step will usually end their life and go far away and move to another city.
When you borrow money and then again put all that money into gambling, this means that you are totally addicted to gambling and you are too desperate to win.
I have never seen such a gambler win anything that could help him return the loan and at the same time get any money for this profits too. The gambler will usually lose all the borrowed money too and now he would be helpless as he has to repay the loan as well. Such a bad financial situation will lead to suicide and other social evils.
I wish, somehow gambling addiction could be eliminated from society.
If gambling could be managed without becoming addictive then everyone would love gambling. I have seen a gambler who spends a whole month gambling and when he loses all his money he borrows to raise money again. At one point he also managed gambling on loan. I was sometimes surprised because he used to spend his entire monthly income on gambling. As a result, at the end of the month, the money from his job would go only to pay off the debt. But there he also won big reward and paid back all the money he owed but that will not be effective for all. Personally I don't support gambling with loans. If a person has own money then he is suitable for gambling.
Even if there is no addiction to gambling, some people will still never go for it as people have different mindsets about it. Besides, the case of your friend is pathetic, no one should tread through this lane if they want to make it in life. When it has gone to the level that people started gambling desperately to the point of not being able to save anymore, borrowing money and all that, then it's a shameful habit that needs urgent attention.
The most desperation sets in when they believe they will make it in life with gambling or want to win back what they've lost by all causes but this often ends in more losses and will eventually cause the person to lose his mind. Your friend was desperate but thankfully luck shone on him and managed to gain much to stabilise and pay back his debts. Many are not this lucky and I would have loved it if I could read more on this story as I am sure that it can't end well for him if he continues like that, he's just lucky this time. Gambling must be pursued sensibly and responsibly, not with desperation.