~snip~
In fact, this is a huge loss for a loser in gambling, it should be unacceptable to allow such a loss, but people lose even big money, and not only in gambling. It all depends on the individual, someone can decide that this is acceptable for him, and someone just can not stop and despite all the losses continues to lose the last money. I saw a guy who went to play slot machines and lost a lot of money, but he walked in torn shoes. It seems that this is an addiction...
Yeah, gambling can be highly addictive.
The positive feedback loop you get when you win is the hook. You go back to try to get that feeling again.
In reality, it makes sense to realize that gambling is mostly people paying for their addiction. Same as alcohol or other addictive substances.