I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned
What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?
What have you done to your friend?
Perhaps you could at least help them realize this by explaining that gambling is simply a form of entertainment, and there's no need to resort to it recklessly or to the point of chasing wins or trying to recoup losses, as this could only lead to addiction, which can be difficult to recover from.
But if they persist in wanting to recoup their losses, that's their right. We've tried to advise them, but they still want to do what they want. Let them be.