Next time, OP, grab your friend, put him in your car, take him to a specialized medical center, or a psychiatrist, if those types of specialized centers do not exist in your city, and have him reset his medicine, then take him to therapy every day. Then, you are next to him, until I reach to always be medicated and over time, under this medical supervision, he can be managing his life again.
He is a patient, it is that simple, the complex pathology of gambling addiction cannot be cured with Words; "I'm going to help you," or giving him money, requires action.
#TBT Topic
Topic: Gambling until you go totally broke - page 2. (Read 876 times)
If you can borrow a addicted gambler money, then never expect it back, most of them will never return the money back, only if you will forcefully take the money back from them, but if you think you can easily take the money, then you are just deceiving yourself, even if some of them hit a jackpot, they won’t return the money, they will claim they have forgotten they borrowed money from you.
This is not only applicable to gamblers, it's human nature in general. People find it hard to repay the money they borrowed unless you constantly on their neck to collect your money. I subscribe to the idea that says be nice to people but don’t borrow them money because they won't pay back unless you can afford to let go of that money. Talking from experience, I can testify that addicted gamblers are some kind of breeds that really don't care about settling their debt. They will rather gamble with whatever they have than to pay you back your money. My experience with one or two of them really taught me some lessons and I don't think I will lend any gambler money again.
If you're gambling too much, bankruptcy is possible. Playing with fire is a recipe for disaster. Consider that spending all your money and then borrowing from yourself is a negative spiral. This is self-sabotage, not temptation
The issue is self-control, or lack thereof. Setting a boundary is fine, but addiction defeats it. No one wins by going broke; that's when terrible decisions begin. Anyone spending savings has lost perspective
The issue is self-control, or lack thereof. Setting a boundary is fine, but addiction defeats it. No one wins by going broke; that's when terrible decisions begin. Anyone spending savings has lost perspective
It's not even about gambling too much, it's about capability. You can gamble as much as you can if you have enough funds as long as it's not greater than your earning or above what you can afford to lose but gambling at the expense of your savings is detrimental. I like that your statement that no one wins by going broke. In fact, it will make you more broke if you think that's the way to win. Responsible gambling has been the preach of the game but people neglect it as nothing will happen and then end up with crazy decisions when it finally happens.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
The part in your post that I emboldened is how it started and before you know it you'll go bankruptcy some days if care is not taken. The fact that you can gamble every single cash in your hand simply means there's possibility you could gamble with the money in your account too one day if you continue like that. This is all about self control and nothing more. At a time, we have a budget of what we intend to spend on gambling out of money on our hand but we do neglect the budget sometimes and gamble everything. It is a sign of lack of self control but for some of us who have partial control of ourselves, we stop when we exhaust the cash in our hand but those with low self control will try to go extra miles and start gambling from the money in their account.
I have not experienced it myself but a friend of mine has been in this situation for several times but trust me, it's a pity and terrible experience witnessing how remorseful they are whenever things like that happen. They often tag it as devil doings but devil is innocent of their actions, it's their own responsibility. For someone who is aware they easily lose their control, it's better to stay away from gambling when they know there's no sufficient funds to gamble and still sustain themselves. Even in profitable businesses, you don't risk all your money without having a reserve to sustain yourself in case of setbacks talk more of gambling where there is no assurance of return of investment.
The issue is self-control, or lack thereof. Setting a boundary is fine, but addiction defeats it. No one wins by going broke; that's when terrible decisions begin. Anyone spending savings has lost perspective
Friend regrets it? That's suspicious, man. Dismissing it as devil's work is weak. Act responsibly. Gambling involves odds, but investing is different. Knowledge-based investing is calculated. Bottom line: gambling for fun is different from thinking it can solve your money difficulties. If you like the adrenaline, gamble, but never risk more than you can afford to lose
I understand that you were touched by his story and so you offered to lend him money but that was a wrong decision. He is an addicted gambler and that is why none of his close friends offered to help him. Who knows that might be a recurring action and his friends are already fed up but his constant problem gambling. You would have ignored him since he created his problem by himself. Imagine him suffering for that action, he will learn and be careful next time knowing that nobody will come to his aid if he dares lose all his money so he will apply caution when he gambles.
One of the ways you can help an addicted gambler is to prevent him from having access to money. If an addicted gambler is not given money and is not allowed to borrow or sell properties he will minimize the rate he gambles. The availability of funds to fuel gambling addiction is why an addict continues to gamble.
He offered money for pity action, not with the intent of helping his friend to go back gambling. I believe that if you are really a helping person and if you have money, it is not a surprise for you to give to other people. We never know and from that money, he will change his life and stop gambling. Some people just open their minds when already suffered the consequences of their wrongdoings. Maybe, this is a tool to help his friend go to the right path. One of the ways you can help an addicted gambler is to prevent him from having access to money. If an addicted gambler is not given money and is not allowed to borrow or sell properties he will minimize the rate he gambles. The availability of funds to fuel gambling addiction is why an addict continues to gamble.
Addicted people need some care and advice. It was not only the money they needed but also, friends, family, and relatives to talk and share their feelings.
When a person is too addicted to gambling, it is difficult for them to remain adequate. Therefore, a person simply forgets about losses and is ready to take additional credits to stay longer in this gambling atmosphere. Casinos subtly feel the psychology of players, so they do everything to maintain the necessary environment
Obviously, gambling addiction is the most difficult phase for someone to be in a balanced situation, most of them are not able to control their gambling activities especially not able to control themselves in terms of emotions when they lose, one of the reasons that makes sense is because someone who is addicted usually they have the wrong intentions and goals in gambling such as coming to earn so when they lose or lose then they will be very difficult to accept the fact of losing it.They come to earn and not to lose but what they don't understand is that gambling is not a place to earn so it is clear and natural that their excesses bring disaster, as you said that casinos know and realize the greed that is in the mind of a gambler so it is a good opportunity for casinos to be able to further drain all the money that addicts have until they are completely bankrupt and lose all their money.
When a person is too addicted to gambling, it is difficult for them to remain adequate. Therefore, a person simply forgets about losses and is ready to take additional credits to stay longer in this gambling atmosphere. Casinos subtly feel the psychology of players, so they do everything to maintain the necessary environment
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
I understand that you were touched by his story and so you offered to lend him money but that was a wrong decision. He is an addicted gambler and that is why none of his close friends offered to help him. Who knows that might be a recurring action and his friends are already fed up but his constant problem gambling. You would have ignored him since he created his problem by himself. Imagine him suffering for that action, he will learn and be careful next time knowing that nobody will come to his aid if he dares lose all his money so he will apply caution when he gambles.
One of the ways you can help an addicted gambler is to prevent him from having access to money. If an addicted gambler is not given money and is not allowed to borrow or sell properties he will minimize the rate he gambles. The availability of funds to fuel gambling addiction is why an addict continues to gamble.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
I have never experienced it and will never do it because it is a very stupid act, spending all the money even in the bank account and people who do this are very likely to commit even more stupid acts by stealing or lying to other people in order to continue funding their gambling.No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
I often spend the remaining money in my casino account untill zero when the results of some games are disappointing and usually I will immediately play a game that will be difficult to win and I do this so that I can stop immediately because leaving money in my casino account will only make me come back the next day so it becomes I gamble more often, I really avoid this because I am busy with many things and gambling often will only disturb my concentration to other activities.
Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.
When someone has experienced failure in the bet they are playing, of course it would be better for them not to continue gambling so as not to experience continued losses, because when they continue gambling while experiencing losses, of course they will not be able to control themselves so they gamble with emotions and this will make us very uncontrolled in the bets we play, it will be very difficult to be able to warn someone who is addicted to gambling because they will never hear any advice when they want to gamble.I agree with you that it is very rare to listen to someone who has had a negative experience with something, such as gambling. People learn from their mistakes, but not always. Very rarely do people learn from other people's mistakes. But you should always tell people about your mistakes. Even if a person does not listen to you, the responsibility will already be on him, because he had the information but did not use it. But if you don’t tell him, you won’t know for sure whether he would take your advice or not.
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
Most likely, your friend is not the only person who has encountered this problem. The problem is an addiction that develops over time or is immediately present to a person. And here we can talk not only about gambling addiction, but also about other things. Personally, I was addicted to drugs and constantly spent my last money on drugs and was left without a penny. But then the Lord freed me from this. Therefore, if someone has serious problems with gambling addiction (when a person spends his last money on a game/casino/betting and then calls to borrow money, then this is an addiction) then turning to God may be a way out. I know this from my own experience.
In your case, perhaps I would lend the person these 20 dollars, but if this happened again, I most likely would not do it again
It's definitely rough when a friend hits you up for cash because they blew it all gambling. I've had my own moments of going too far with gambling but luckily I've never been completely broke. When I realized I was risking too much, I stopped and kept what I had for important stuff. It's all about knowing when to pull back and take care of yourself. If you ever find yourself in that spot, it's okay to say no to that last bet and prioritize what's really important. And reaching out for support or advice can make a big difference too
When a friend asks for money to gamble again, it's a good idea not to give it, not because we are stingy with him, but this is a wise way to prevent him from becoming addicted to gambling. Because he asks for money to compensate for the losses he received previously, even though we know that in gambling, having this kind of character is very dangerous for gamblers, especially if he gambles until he goes bankrupt and continues to ask his friends for money. I also often meet friends like this, not only in offline gambling, online gambling, my friends also gamble until they go bankrupt and end up with a lot of debt.But luckily I don't gamble like that, I have an allocation every three days to gamble. If I win I will withdraw money on a spree, even if I lose I don't stress. It is very important to manage your finances if you want to gamble, so that we avoid bankruptcy, let alone selling property and getting into debt to friends.
When someone has experienced failure in the bet they are playing, of course it would be better for them not to continue gambling so as not to experience continued losses, because when they continue gambling while experiencing losses, of course they will not be able to control themselves so they gamble with emotions and this will make us very uncontrolled in the bets we play, it will be very difficult to be able to warn someone who is addicted to gambling because they will never hear any advice when they want to gamble.
After a consecutive losses if someone still involved in non stop gambling then he will continuesly loss money and a day will not far when he loss all the money and become a gambling addictive. Stopping stage should always be there after a continues loss and after a big reward so in such case nobody will be too greedy and will not be an addictive of gambling.
We cannot understand a gambler until he understand the fact by himself that gambling is just spoiling his life and if gambling was a successful field then every family will give permission to their children to be a part of gambling and a gambler will be consider as a respectable person in a society.
Just know that you have not helped the guy in any ways by giving him that $20 and just take it that you have given him the money because he is not going to pay back, just like he gambled away everything, just know that he is going to gamble with this current money you borrowed him and ending up losing again on the long run
Don’t be surprise that the $20 which the OP gave to the person might be used for gambling, his intention might not to use it to take care of himself, but to gamble. A person that can gamble with everything he is having with him, how sure are you that he is not going to use the $20 to gamble also? It’s obvious that the person is addicted to gambling, and we all know that addicted gamblers can do some crazy things, am not surprised by their behavior. be one hundred percent sure that a gambler will never want to return the money they borrow unless they win a large jackpot,
If you can borrow a addicted gambler money, then never expect it back, most of them will never return the money back, only if you will forcefully take the money back from them, but if you think you can easily take the money, then you are just deceiving yourself, even if some of them hit a jackpot, they won’t return the money, they will claim they have forgotten they borrowed money from you. 
Gambling until you go totally broke is just a sign of addiction an irresponsible gambling, and it need to be stopped else the person might even start taking loans to gamble or even start engaging in fraudulent activities to get money for gambling. And one of the major causes of gambling till you go broke is chasing after your loss. The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back, but that is just a trap to loose even more.
Yes, I would agree with you, his actions defines one who is addicted or on the process of getting addicted. It may look common to him but he doesn't know the danger and consequences of his action. You better talk him into reducing his level of gambling if it exceeds more than this he may go broke, owe loans and probably become homeless. 
Gambling until you go totally broke is just a sign of addiction an irresponsible gambling, and it need to be stopped else the person might even start taking loans to gamble or even start engaging in fraudulent activities to get money for gambling. And one of the major causes of gambling till you go broke is chasing after your loss. The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back, but that is just a trap to loose even more.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
The part in your post that I emboldened is how it started and before you know it you'll go bankruptcy some days if care is not taken. The fact that you can gamble every single cash in your hand simply means there's possibility you could gamble with the money in your account too one day if you continue like that. This is all about self control and nothing more. At a time, we have a budget of what we intend to spend on gambling out of money on our hand but we do neglect the budget sometimes and gamble everything. It is a sign of lack of self control but for some of us who have partial control of ourselves, we stop when we exhaust the cash in our hand but those with low self control will try to go extra miles and start gambling from the money in their account.
I have not experienced it myself but a friend of mine has been in this situation for several times but trust me, it's a pity and terrible experience witnessing how remorseful they are whenever things like that happen. They often tag it as devil doings but devil is innocent of their actions, it's their own responsibility. For someone who is aware they easily lose their control, it's better to stay away from gambling when they know there's no sufficient funds to gamble and still sustain themselves. Even in profitable businesses, you don't risk all your money without having a reserve to sustain yourself in case of setbacks talk more of gambling where there is no assurance of return of investment.
Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.
Exactly. That's why those who are afraid of losing their money should never even start entering or trying gambling. Its because losing in gambling is like sinking your foot into the quicksand; the more you struggle to recover your losses or to earn, the more you will sink, and little you know, you are already in despair. That is the common happening of those who get addicted to gambling or are miserable in gambling. Its because they want to recover what they have lost as they are having regrets on losing it, but that is the trap of gambling; the more you want, the more you become miserable. From the OP friend, he keeps doing it until he is in the corner and no one could help him anymore. It's sad, but it's happening all over the world of gambling. Many people have committed crimes just for the sake of gambling. 
Snip~~
I do have a brother that also gambles with allowances my Dad gives us when we were in school and later he would come to me to seek for help and I do render help to him till I noticed how addicted he has been even to the extent that he was owing most of his friends and when I realized that I stopped giving him money and adviced him to quit gambling, he later entered into smoking due to depression and confusion, I told my dad about the habit he had developed and my dad arrested him and he was detained for a while tortured and signed an undertaken never to smoke or gamble again, when he was released he changed and my dad opened a business for him and now he is doing well.Sometimes, it is not advisable to have compassion on someone that becomes so irresponsible to the extent of losing so much money to gambling because no matter how you try to help them, they don't feel like they are getting enough help and will continue gambling and pestering you all the time, so you just allow them to face the consequences of their actions then no body will advice him to quit when he runs into trouble.
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
If anyone, especially a grown-ass man has nothing in his bank account or at hand then something very bad has happened, if you find out that they are into gambling then thats the problem, they must have lost everything to gambling and i doubt they recently lost everything, most I know are into gambling as gradual hobby, they keep losing money over and over and they don't know how to readjust their strategy.
Your friend is already addicted to gambling, the 20$ you are sending to him can also be used to gamble again, I hope he knows that he is on trouble, if an addict knows and admits that he is addicted to gambling, he will be able to work on himself to stop his addiction.
If you can, I think you should tell him that he is addicted to gambling, there is no way he can lost everything in a single or two rounds of games, he must have been gambling for a while, you said its been long since you guys talk? I bet he has been busy, with gambling all this while, let him know that he needs to be aware that he is addicted to gambling and only him can stop the addiction.
Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.
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