As the title says; does it makes any meaning knowing gambling is a game of chances and yet you gamble?
Those who participate in gambling basically know that gambling is a game of chance with uncertain possibilities where if luck favors them, they can earn good income from gambling. Again, gambling often brings such bad luck to some people that they spend all their income and wealth on gambling and yet cannot earn a single penny. But those who participate in gambling despite knowing the uncertain possibilities of gambling basically participate in gambling according to the amount they have the ability to lose.