Answer is in my opinion, consider your country's inflation. If inflation is high enough your money is worthless anyways so you are more safe to gamble it without any issues.
In a way, yes, but also it would be better used in an investment rather than in a casino gamble.
And the faster you do it, the better returns.
Tomorrow's value of that money will be way less than what it is today in a high inflation environment.
I don't know why it is sometimes difficult for people to make use of their opportunity in making an investment instead of gambling, its not like we are not going to gamble, but when we invest first, it will serve as a means of earning more money to us whereby we can use for gambling without finding it any way difficult to do, if we are well established from our financial source, then we can be able to afford using any amount of money to gamble at any time.