Money management or lack thereof ruins lifes in gambling as well as many other aspects.

Everyone has hobbies. But if you are, lets say a fisherman you do not buy every expensive lure, boat and a fishing condo on the beach unless you can afford it because that will lead to financial ruin. It's the same with gambling. If you like to gamble but money is tight then wager an amount equal to a night out at the movies, maybe you only wager $10 a week or whatever you can sensibly afford. The point is guys bet more than they can afford to lose and yes, that will lead to financial ruin. Scale your gambling bankroll annually to your salary. Limit your gambling entertainment budget to no more than 10% of your take home pay.