This lesson covers the biblical perspective on gambling and the numerous reasons for not gambling. Related Resources Gambling Bulletin Insert. Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.free online pokies games with no downloads PSALM FOR GAMBLING The Bible does not say, “You shall not gamble,” or “gambling is wrong,” but it does teach us that while we might be free to do many things. Gambling in the Bible Ecclesiastes (NASB), "He who loves money will not be satisfied with money, nor he who loves abundance with its income. This too is. What is wrong with gambling? Gambling is a difficult issue because if it is done in moderation and only on occasion, it is a waste of money, but it is not.