How Not
to Gamble.

Betting money you need for something else.

Being able to place a bet is different from being able to afford the loss.

The balance in your account doesn’t tell the app which dollars are for rent, food, tuition, or a plan you care about. Money can be available to deposit and already spoken for.

“I’ll put it back when I win” depends on a result you don’t control. If the bet loses, you still have to replace the money. That can turn the next bet into an attempt to solve a problem created by the last one.

The same $100 bet can mean very different things to two people, or to the same person in different months.

Affordability has to include the outcome where the whole stake is lost. A likely win doesn’t make money you need expendable.

Sources & further reading

Examples on this page are illustrative.