Taking a loan for gambling is never reasonable, rather it is a big mistake, why do people usually take a loan? Only when they have a very important need, they will take a loan, but taking a loan for gambling is never reasonable, because gambling is a game of luck and there are usually negative results here, so in this case, gambling with a loan means that you are giving excessive importance to gambling, which is never a good decision, if you take a loan for gambling, you will have to face bigger problems because if you lose then you will not be able to repay your loan, then think about your situation.
There are many reasons why there are some gamblers who are taking a loan just to gamble.
They want to chase their losses, they want to fulfill their urge to gamble despite losing multiple times, they see gambling as a very important thing to them that they will take a loan for it, and many more.
if you can’t stop yourself when you have no money left anymore you have a problem already it means you don’t have discipline and most likely you are addicted already
it’s not illegal but it might turn into a legal case if you don’t pay it back since the lender can sue you