It's not new seeing this, because I'm the recent past I have seen people turn out victims of what they usually advised people against probably because bat some point they were constrained and could no longer stay disciplined well enough to adhere to the advise they even give out.
Borrowing to gamble is definitely not something any One should consider at any point, this is because of the too many uncertainties attached to gambling, you almost can't tell when you are going to turn out lucky with the casino and if it turns out you aren't Lucky especially when you stakes the money you borrowed it becomes a problem for you because you will have to pay back your loan regardless of the circumstances that befell you.
It's strange how sensible people often fall into the same traps they warn others of. This paradox reflects the human psyche, not only gambling or finances. Humans are complex, right? Not always do our behaviors match our knowledge. In fun gambling, this is especially true. The adrenaline rush can overcome even good advise. Even though the odds are against us, the 'big win' often blinds us. Could this be due to an optimism bias that overestimates our odds of success?
You're right about the risks. A dangerous road with financial and psychological risks. However, why do people still do it? Perhaps it reflects society's complicated risk-reward relationship. Gambling in a controlled environment can provide highs and lows without real-world consequences. However, actual money - especially borrowed money - changes the game. It shows how instant enjoyment may impair judgment. In an age when gambling is more accessible than ever, doesn't this emphasize the need for awareness and self-control?