It is correct that when anyone taking loan or something like that then the people may fall on more difficulties and that's why we should avoid any types of loan which can be repaid if win and if loss there will have no way to repay the loan and will be difficulties to survive the family. And also we should avoid anything which is not affordable.
Gambling can become a problem if you are not only playing with borrowed money but also start gambling with the money you earn. This happens when you begin to set aside more for gambling than you can actually afford from your salary. And if we are talking about taking a loan for gambling, then this already looks like a serious problem from the start because you do not have extra money saved up and you have to borrow for it. This means you are unable to manage your finances properly, and the borrowed money will most likely be lost as well.
Although I was not in that situation. However, I feel gambling ruins one's life when it reaches the point of addiction, because that is what I see happening to my friend. He is quite good at managing his bankroll at the beginning, but as he continues gambling, it changes as well. Now, he is in big trouble for so many loans he has taken.
This is one example that we should not take it easy with our gambling habit. As much as possible, we have to stay within our limit and gamble only with our extra money.