That's a horrible story and i also agreed with this fact that, gambling addiction leads you Making more losses in gambling. Gambling shouldn't be use as the source of income generation. OP, i think your friend is in serious problem and he needs help. normally a person will try his best to recover his fund and 64k dollars is a lots of money. But thus a person lost his track, discipline, rules what makes him irresponsible gambler. And Betting randomly is worst part I've ever seen. He should stop gambling immediately cause if he continuesly doing this, his life will be ruined and loan amount will be keep increasing.
The gambling addiction not only make the gamblers to loss money and weak them financial but also week them mentally.Because the gambling addiction make the gamblers not to take their own decision to particular things.The gamblers who want to make money, it's hard till the end. If the gambler loss the money, he should ready to accepted the loss. One day he can regain the money. If he try to recover the loss, he surely loss the money many times. Targeting the loss will make the gamblers emotionally weak. The gamblers who had reached the target should have the habit of withdrew the funds and use in the wise manner.
Yeah addictions makes you weak in terms not only financially but also mentally, like you sad addictions developed when frustrations continually happened when you are playing, I agree that you need to limit yourself and just play with your target. It allows you to minimize your losses and just enjoy your game.
Better to keep it that way instead of getting addicted and lose your control with everything.