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?
People are always advised to gamble responsibly and stake with amounts they can afford to lose. It's always proper for gamblers to make do with at most 5% of their earnings. Every responsible gambler always takes out bills to settle his congent needs first before reasoning gambling, responsibility isn't only gambling specific, people waste money on drinking, clubbing and other frivolities, so gambling is just one of those ways people spend their money tho keep themselves happy or for relaxation. So in a nutshell, grabbling isn't a waste of money, at least for responsible gamblers, they gamble for fun and relaxation it even a way of catching up with friends.