Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.
I can't say it's expenses or investments, to me it's leftover money that I use to exchange for fun, expenses don't yield anything back to the spender, it is something you must do if you have responsibility or to even survive in this world today some expenses have to be met.
Investment is buying some shares of an asset and hold them till they appreciate in value for more profits in the future, too far away from the meaning of gambling, they are not the same.
Gambling is a high risk play, I accept this fact and take it very serious which makes me surrender that having fun with gambling is better than taking gambling too serious like you would do with your stock assets.