How does gambling affect of income on persons financing?

Maximum person are more likely to gamble when income is higher than its normal level predicted by observable characteristics, and that non gambling expenditures tend to increase with gambling activities. In addition, gamblers are more likely to concurrently have various types of debt and assets, assuming a more active position on
household balance sheets.
Gambling is risky. You may lose money but if you get it right you win and make money.