Of course, overconfidence and greed are the main reasons why gamblers become destitute. It is good to have confidence but overconfidence never brings benefits. Of course, this is the nature of a gambler.

When a gambler wins on several boards in a row, then he thinks of himself, as the creator of his destiny. This overconfidence leads him to the brink of defeat.

Greedy people always get caught. Greed is the worst way. Win again and again when greed leaves a nest in a person. Then he loses his sense of good and bad. As a result, he loses everything and becomes destitute.