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gambling and the debt spiral

Fire&Rain

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One of the biggest traps with gambling is the cycle of debt. You lose, you borrow to win it back, you lose again, and now you’re stuck paying interest on top of losses. It’s like the debt snowballs while you’re still trying to dig yourself out.
 
Gambling produces a cycle of addiction wherein gamblers acquire debt from gambling and then must gamble to earn money to pay off these debts. If the gambler remains stuck in this pattern, and is unable to desist, gambling-motivated crimes result.
 
Most gamblers fall into this endless circle because they where unable to control their emotions. Instead of them to let go, they where busy chasing after their losses.
 
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