You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in gambling.
Exactly why you should only go gambling if you have some extra money otherwise you should forget it because yes you will be wasting your money since you have unpaid bills. But if you have extra and you can use some for a hobby then I don’t see anything wrong with putting that extra money to gambling.
Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling?
For sure we have. Sometimes we may have gotten a bit too carried away and spent a little too much time and money than we first intended but as long as it doesn’t get too far then I believe it will be fine.