In that aspect you are absolutely right, I don't see any good reason to lend money to a friend who has gone too far in gambling and who already has some history as a person addicted to gambling, it is difficult because there can be a strong bond like friendship, but sometimes friendship must be separated from business, from money, and even more so when there is some uncertainty about your financial situation and how it can affect the relationship later, sometimes friendship is damaged by incidents with money, and well, that's not the case. It's a very good design, sometimes it's hard to say No to a friend and tell them the real reason, because I know they won't take it well, but sometimes it's for the good of that friend.
Yes, no good reasons to lend money to people who want to use it for gambling. Even if the people are our friends, it is better to avoid lending them money. We are gamblers, we know it is a bad idea to lend other gamblers money. They must hope to chase their losses, they will use the money to try winning the games as many as possible. But we know, it is impossible!
The idea to recover the losses by using more funds from loan is the wrong way. If we lend the money to them, it means we support them to do it. I also have some stories about this. All of them ended up with bad stories. You're right, it possibly breaks friendship or partnerships in our business. So, it is better to stay away from lending other people money for gambling.
Gambling is a pastime and there is no need to take extra stress especially when a gambler borrows money from others to bet on gambling, the pressure in India to pay back the loan is likely to cause him mental breakdown. Because if he loses in the gambling bet, he has to bet extra to pay the loss and no one can guarantee that he will win the bet, but there will be more chances of the gambler going bankrupt. So for the time being I would suggest that no one should gamble with gambling money loan because in this case the added pressure of paying the loan will cause mental disorder for that gambler.
True. It is mostly just for fun, why we must be so stressed. Loan money is not needed, it won't make a higher chance to win the gambling games. You are right, we must think the risks if we use loan money. It will be worse if we get other losses when we use loan money. Instead of recovering the previous losses, it just add a new burden for debt repayment. Sure, this may lead to the mental problems if we continue it. So, just stop to do it because it won't help at all. It even makes it more complicated.