There are things that greatly distinguish traditional business from gambling or, for example, trading. In business, if you have a skill, as well as the business that you are doing and this is a business in which you have already achieved some success, then you can take out a loan for it. I know businessmen (and their approach seems reasonable to me) who do not even take out a loan to develop their business. After all, it must be paid back with interest. What if you take out a loan, and your business goes into decline and there is no money to repay the loan? We see that even in business this is something that can be a source of serious losses.
As for gambling, where your winnings are not guaranteed at all and where, as a rule, you have a negative advantage over the casino, the situation is even more complicated.
I always recommend doing an experiment with small amounts of money before taking out a loan.
Business and gambling are both risky, but the risk involved in one is greater than the other. When it comes to business, one must have the skills and experience, or you can get the expertise of those who have the knowledge of the business to run it for you so as not to be at a disadvantage. Doing so would give you a great edge over your business as a profit-oriented organization. But gambling, I think, is not the same as business. As a gambler, you only go to the casino to play, and when you play or gamble, you should know that you are playing against the house and that it is always to your advantage or disadvantage. So therefore, if you record losses, then you have failed knowingly because, in gambling, it is always known that casinos are built in the favour of the house.