Chasing losses - Double down bet or Bet twice?

[Beparanf]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

[Oshosondy]

What do you typically do when you are on chasing loss situation?

You will most likely lose more if you try to chase losses.

When I gamble and I lost, I just stop to bet if I know that I use big amount of money, but what I can still afford to lose. If I am using small amount, gambling to just have fun, I just continue to gamble and never think of it as losses, if the amount I set for that time is lost, I stop to gamble. Next time, I would have forgotten that I even lost.

[Wexnident]

It depends. First few losses I usually just ignore it and continue on. If it was a pretty long streak then damn hell I'd be done and just move on to a different game instead, or maybe stop altogether if I'm that frustrated. If I am to ever chase a loss, which I sometimes do, I usually just stay on the same bet instead of changing anything, just continuously doing it instead and stopping whenever I feel like I've returned my losses (if it ever happens anw). I don't chase winnings at that point, I just want to break even.

[acroman08]

I remember in the past that I would either suddenly do a martingale(just like you are) or I would increase my next bet to 3-4 times the amount of my previous bet hoping I'd win and easily get the loss(as you know it doesn't work the majority of the time), but if I lost the bet I go back to the normal amount of bet that I do, not because I have control but because I don't have a choice because I'd bust my bankroll if I continue doing it. thinking about this now, it is an extremely stupid thing to do, luckily it is a thing in the past and I don't do it anymore.

[robelneo]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

Dilemma, is the right word I feel the same I always felt the necessity of getting back my losses as fast as possible it's hard to think when you are chasing your losses, I usually double my bet so I can quickly recover but the only mood I felt whenever I am chasing my losses is irritation, I just need to get back my losses, that is why I hate chasing my losses because if I did not get back my losses I usually feel irritated for a couple of days.
I'm sure I'm not the only one with this feeling.

[ultrloa]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

Most likely you lose if you increase your bet amount especially when you are pissed off and out of focus on what gameplay you are on. Much better stick with your current bet and try to hit the winning streak, but if that not came then stop there are still opportunity to bet tomorrow since you are having a bad day today. Just increase your bet size when you are lucky since this can possibly give you better profits unlike when you are in losing phase where you might lose more money by doing that.

[Pierre 2]

I typically don't ever increase my betting amount. I think its like diving into bottomless pool. You can lose everything you got very quickly. In my opinion, its better option to keep playing with actual lower amounts instead (I see it as some sort of punishment to my wallet). I know I decrease chance of winning back but experience I got through would be entertaining. And also, I obviously focus on limiting amount I lose instead. Its different strategy.

[rhomelmabini]

What do you typically do when you are on chasing loss situation?

Well, your options are likely the one being done by most of the gamblers but it wasn't the best options at all. I think settling down for awhile and not to chase at all will be the best way for you OP. I am mostly settling down when I'm at streak loss, I always want the safer way and not to double my losses.

[Maus0728]

I always have a dilemma when it comes to chasing losses in gambling.

Aren't we all?

When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

Yeah, that looks like a recipe for a disaster. I mean that's exactly what I have done when I collected my 2-week signature campain payout on YoLoDice and gambled it on their website hoping to cover my previous week's loss. After maxing my bet amount on dice, it only takes 1 tap of a button to lose it all in instant  .

That's what you get for chasing losing bets :v

[bisdak40]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

Can relate much on your situation mate. Chasing losses is a big problem for me as i intend to double my bet after a lose to recover quickly but turns out that most of the time losing more. I could say that "patience" really plays a big role in gambling so if we want to stay longer in this game we should be disciplined and patient enough and not hurry on recovering our losses.

If I'm on a losing streak I usually take a break then bet again and if lose again then that's it for me on that day and come back tomorrow hoping that I would be lucky this time and recover my losses yesterday.

[Slow death]

chasing losses is a big mistake that the person should not make, for example imagine that you have a bankroll of 20$, then you have to define that you will bet 2$ in each game, this would give you the chance to have 10 attempts, but you have to choose games with odds from @2.00 upwards, because when you bet 2$ on a game where the odd is at @2.00 then you are left with 4$, that means that your profit of 2$ already gives you the possibility to bet on 11 more games, that is, they have 11 chances, and if you bet and lose but in the next game you bet $2 on a game with odds of @2.00 and you win then you can recover your money lost in the previous bet

never chase losses, do not place bets with odds below @1.80, avoid making multibet bets, there are cases where it is worth making multibet bets, but the risk in multibet bets are very high, the person can place 3 games in a parlay, but the game in which the odds were very low and the person was more confident that they would win, lose, this is very irritating, so avoid multibet betting, but if you are a person with a good knowledge of the sport, then you can even take the risk and place a bet

[Yamifoud]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

That's a very bad attitude in gambling. To be successful, you need to maintain consistency so you will not regret it in the end. If you feel you made a mistake, you have to reflect on it and correct that mistake. It's not good to chase your bets, as that's a sign of being an undisciplined gambler, and you know where it will take you based on your experience.

Learning is the KEY!

[xSkylarx]

The more you chase your losses, the more you lose. I remember when I was new to gambling, I also read this strategy: if you lose, you need to double your bet until you get back your loss. Well, in my opinion, it will work because there is no way to lose 10 times in a row. So I've tried, and I experienced my first ever big loss. That idea was really dumb because all of my deposit money was lost on that game because if you go on a losing streak, then it's your end. Don't do it unless you have unlimited balance so that you can still bet even if your losing streak is 100x.

[avp2306]

We all know that chasing losses is really a bad action to take by anyone so if you are going into this situation then maybe at least you still think correctly because if you double down to bet a huge part of your resources in single bet trying to get back your losses then this is a bad moves made. Bet twice is most ideal since you can still enjoy your bets unlike you came to the point chasing where this is stressful to us.

[Yogee]

...What do you typically do when you are on chasing loss situation?

It depends.

I don't usually chase losses when playing casino games since the likelihood of losing more is also high. Of course there are options to increase the chance winning a roll like in Dice but you'll have to bet more to recover. That also has risk on its own.

I am more comfortable increasing bet size on sportsbetting. It's better when you can rely more on your skills or research than just pure luck.

[aioc]

What do you typically do when you are on chasing loss situation?

The last time I chase my losses I bet twice and manually pick my rolls but sometimes things will not go your way when you're chasing your losses, I sometimes think that when you are chasing your losses it is part of having a stroke of bad luck, you really have to stop when circumstances tell you to stop Double down bet or Bet twice, its useless when you're chasing losses its not your day to win.

[danherbias07]

Half my last bet or 75 percent of it. I don't go double as I fear I will be stressed out by the double loss.  
If ever it will lose again, I am not in x2 yet which seems to make me feel better, kind of an unusual way of me when calculating my losses and profits.
Most of the time I chase my losses while NBA games are still ongoing. If all my early bets are near completion and most of them are losing, that's when I will look at the upcoming games on the same day or if they live.
But, if there are no more games, I stop, rest, and try again tomorrow.
I am guessing you are playing casino games, which will be difficult to control as the games are always available but I don't suggest going for double because you will keep on doubling it until you get to zero, which will be fast.

[_act_]

The last time I chase my losses I bet twice and manually pick my rolls but sometimes things will not go your way when you're chasing your losses, I sometimes think that when you are chasing your losses it is part of having a stroke of bad luck, you really have to stop when circumstances tell you to stop Double down bet or Bet twice, its useless when you its not your day to win.

If you chase losses and able to meet up and make profit, indeed you are very lucky because that is not always most what will happen, it is the time people use to lose. The last time I could remember that I chase losses, which is as usual, I lost more and I did not stop gambling until I lost all the money with me. Chasing losses is a bad idea.

[bitbollo]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

the best approach would avoid any kind of "emotional bet". It means you must continue to bet following your initial strategy and not changing "according your mood".
I know it's not easy (and games like dice are designed just for this kind of stuff) but if you want be really profitable you must have such approach...

[joeperry]

That bad mood actually is being greedy to chase your losses which lead to more losses and that's where the casino earn profit. I don't think if you are in a loss situation it is much better to call it a day than trying to chase your losses, in terms of doubling your previous bet that is a martingale strategy which is a good strategy assuming you have a good amount of bankroll.

Usually what I do is same betting amount every time until I hit a win streak and if I lose 5-8 times continuously then it's not actually my day. There's is no good advice actually double down or bet twice can still wreck you. If you're lucky you'll feel it and if not you're getting greedier and greedier.

Setting a loss stop is a good idea too. For example if I lose $20, then that's it I'm done and if I reach $100 today then I'm done. It actually let your bankroll grow or stop your losses in a day.