People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. 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. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
Gambling isn't a waste of time and money, because gambling is just an alternate way for entertainment, as long as he/she keeps the limitation. So, I don't agree with the statement of wasting, and agree with you about the irresponsible gambler who hasn't self-limitation and it's included about money management, if he/she is irresponsbile gambler so it's a waste, included times and money. So the point is be a responsible gambler.