WHY GAMBLERS KEEP CHASING LOSSES.

[Dunamisx]

Some are chasing losses without even knowing it's implications in that it makes more of it, they seem not to know they reason why not to do so, everything cannot come in for us as we have expected, disappointed is one of the reasons we should know that gambling will always come with, same also applies with life reality, we cannot always be perfect than learning to work in perfection, nothing should change gambling from being an entertainment and not an avenue of chasing after loss.

[viljy]

It is a true observation that the development of addiction begins with one bad day. It is quite natural for any person to want to return what they have lost. But the intensity of this desire can play a bad joke on a person. There is also such a trait as stubbornness, which is mistaken for perseverance. In most cases, it's better to stop and step back, take a break from gambling (and betting, too) than bang your head against the wall trying to win back a loss.

[Mr_Brilliant$]

That’s right, when people starts chasing losses, the problem shifts from just financial to also emotional problems. As soon as gamblers allow fear and frustration to set in, judgment becomes impaired, patience disappears, and at this point, any single action you make becomes an attempt to undo your past mistakes and not a rational decision to make the experience worth the while for you, and this often the easiest route to addiction, since you no longer use your rational thinking but allow emotions to interfere in every decision you make.

But I think almost every gambler has done that. Especially those who are still enthusiastic in the early stages of gambling. Chasing losses commonly happens to bettors who do not have control over the limits they should set for themselves in their gambling activities. However, some gamblers start to realize it and do not make the same mistakes. Of course, this process is related to the level of awareness gamblers have about the risks of their actions.

It's certain that when we gamble, we'll feel the urge to win, and for those who can't control themselves, chasing wins is a likely outcome. The fear is that this desire to win will lead to greater losses, given that in gambling, we as players only have a low chance of winning, which can lead to more losses than wins.

Some gamblers realize their actions are wrong and decide not to repeat them. However, when they return to gambling, the urge to win will drive them back, and this can become a bad habit if they don't learn from the experience.

Chasing losses is one of those things you do before you even realize what is happening..  I have been there too, where you tell yourself just one more bet thinking you will recover what you lost, but it usually just drags you deeper..  Most gamblers do not even chase because they love the game at all, they chase because their mind is trying to correct a mistake, and that mindset alone is already a trap.

Once you start thinking the next round will fix the previous one, you have already lost control..

[jcojci]

I tend to agree that addiction cases start from just one bad day of loss. That makes them return to casinos and keep playing and chasing losses. They will not think about the loss becoming big but they just want to get their money back.

If they are aware, they will not chase losses instead they will let it go because that is the risk of gambling. They will limit their money preventing big losses in gambling. They also think about how to avoid more losses if they lose in the last rounds.

We will find it difficult chasing losses in gambling. Gambling will take our money more than we can expect. If we can stop ourselves from incurring more losses, that would be better.

[Royal Cap]

It's a normal reaction and even happens in trading which is called revenge trading. Once you loss you start thinking of not just how to cover the loss but beat and start taking more risk than you'd normally not. The last bet I played was on Tuesday and a match athletic bilbao was the only one that slit my bet. I didnt do any revenge because of control. I just wait now for better games I can engage in.

But I think, revenge trading or revenge betting after losing is just seen as a mistake but in fact it is a manifestation of natural human emotions. People do not want to lose so the brain wants to quickly restore balance but the good thing in your case is that you recognized the emotion and stopped right then, this is not possible for everyone.

In my opinion those who have this awareness are able to make decisions with a calmer mind over time, and are more stable in both playing and trading.

[Frankolala]

It's a normal reaction and even happens in trading which is called revenge trading. Once you loss you start thinking of not just how to cover the loss but beat and start taking more risk than you'd normally not. The last bet I played was on Tuesday and a match athletic bilbao was the only one that slit my bet. I didnt do any revenge because of control. I just wait now for better games I can engage in.

But I think, revenge trading or revenge betting after losing is just seen as a mistake but in fact it is a manifestation of natural human emotions. People do not want to lose so the brain wants to quickly restore balance but the good thing in your case is that you recognized the emotion and stopped right then, this is not possible for everyone.

In my opinion those who have this awareness are able to make decisions with a calmer mind over time, and are more stable in both playing and trading.

You can only revenge on a battle that you have the confidence of winning. If you want to revenge on a lost battle, you are bringing more harm to yourself. Gambling is a lost battle for all gamblers which is the main reason why you have to surrender to defeat and accept your losses with fate. Only a few gamblers are lucky enough to win back their losses.

[Anayochukwu]

It's a normal reaction and even happens in trading which is called revenge trading. Once you loss you start thinking of not just how to cover the loss but beat and start taking more risk than you'd normally not. The last bet I played was on Tuesday and a match athletic bilbao was the only one that slit my bet. I didnt do any revenge because of control. I just wait now for better games I can engage in.

But I think, revenge trading or revenge betting after losing is just seen as a mistake but in fact it is a manifestation of natural human emotions. People do not want to lose so the brain wants to quickly restore balance but the good thing in your case is that you recognized the emotion and stopped right then, this is not possible for everyone.

In my opinion those who have this awareness are able to make decisions with a calmer mind over time, and are more stable in both playing and trading.

You can only revenge on a battle that you have the confidence of winning. If you want to revenge on a lost battle, you are bringing more harm to yourself. Gambling is a lost battle for all gamblers which is the main reason why you have to surrender to defeat and accept your losses with fate. Only a few gamblers are lucky enough to win back their losses.

Yes, gambling is really a battle of many losses, and the easiest way to win without any problems is by gambling with what you can afford to lose, because there is no guarantee of winning in gambling. It is all about managing losses, so we need to accept any outcome without dwelling on it, as it won't do you any good and might lead to more losses. Gambling is something where no one has any knowledge of the final outcome.

[yudi09]

According to research, chasing losses is actually more of a psychological matter, than it is, a logical one. Apparently, when you lose money, your brain triggers a so- called ' recovery mode' that makes you want to get/ win it back, just cause you don't want the day to end in the negative. It becomes less about the game and more about the chase. At that moment your ego's trying to fix the loss. This might look like a big motivator as the individual is simply refusing to give up, but, it usually almost always amounts to bigger loss, desperate moves/ decision, and more losses. Research shows that most addiction cases start from just one bad day of loss that was tried to be fixed/ repaired, instead of being accepted.

It is true that chasing losses is a serious psychological problem that can lead to worse consequences for a gambler.
When asked why they are more serious about chasing losses, it is because in the game, when they are in an exciting situation, hopes arise that are like illusions (this time I will win, so I have to make another deposit).
This cycle continues until risky actions that harm the gambler also occur.

In certain situations, such as in gambling with cases like chasing losses, we should listen to others' advice, not to blindly believe it but to wisely consider whether it is right or wrong.
Once you're addicted and have lost everything, there's truly no meaning left, and all that remains is regret.

[Yaunfitda]

Yes, just a few minutes ago, I was chasing losses, damn it was really very hard to control. The thing is that I already doubled my money but I didn't quit, so I deposited again. And it's a up and down until I won. But the cycle continues, I want to chase my initial loses so I continue until my second deposit was sweep again. And then I contemplate to deposit again until I said that it's enough for me for the day. Those money are from my previous winnings any way so I can let go of that and not to chase them. But the mental battle though is very tough and for sure most of us have experience that.

[Rashlyowl]

We all know the consequences of chasing losses, but most times when we chase losses,it doesn't occur to us that what we are doing is wrong. It just seems like gambling has a spirit that controls the minds of most gamblers,  but that is not a spirit, it is the illusion of control that makes gamblers believe that they can manage the situation well without any escalation. A gambler that can control himself has very little or nothing to worry about as far as gambling is concerned. For those who think they can control gambling by dancing to the tune of their emotions, they will always face the consequences.

Every gamble has potential consequences. Even with the best self-control, there's always the possibility of losing & that's a significant consequence we must accept. However, losses can be minimized by limiting the amount of money we gamble. Once you've set a limit, limit your bets as well. If you manage to do this & lose, the loss you experience may not be as severe because you've successfully minimized the potential loss.

[Floxynice]

We all know the consequences of chasing losses, but most times when we chase losses,it doesn't occur to us that what we are doing is wrong. It just seems like gambling has a spirit that controls the minds of most gamblers,  but that is not a spirit, it is the illusion of control that makes gamblers believe that they can manage the situation well without any escalation. A gambler that can control himself has very little or nothing to worry about as far as gambling is concerned. For those who think they can control gambling by dancing to the tune of their emotions, they will always face the consequences.

Every gamble has potential consequences. Even with the best self-control, there's always the possibility of losing & that's a significant consequence we must accept. However, losses can be minimized by limiting the amount of money we gamble. Once you've set a limit, limit your bets as well. If you manage to do this & lose, the loss you experience may not be as severe because you've successfully minimized the potential loss.

You are right. I want to also add that it is not just about limiting the amount of money spent on gambling, but limiting the time spent on gambling too. If a gambler who spends so much time gambling is lucky not to lose so much money, he might likely be losing key opportunities due to excessive procrastinations and no room for self evaluation and assessment.

[Mr_Brilliant$]

It's a normal reaction and even happens in trading which is called revenge trading. Once you loss you start thinking of not just how to cover the loss but beat and start taking more risk than you'd normally not. The last bet I played was on Tuesday and a match athletic bilbao was the only one that slit my bet. I didnt do any revenge because of control. I just wait now for better games I can engage in.

But I think, revenge trading or revenge betting after losing is just seen as a mistake but in fact it is a manifestation of natural human emotions. People do not want to lose so the brain wants to quickly restore balance but the good thing in your case is that you recognized the emotion and stopped right then, this is not possible for everyone.

In my opinion those who have this awareness are able to make decisions with a calmer mind over time, and are more stable in both playing and trading.

That is it Nobody likes losing, it is just human nature..  The moment money goes, your mind starts ringing that try win it back quick alarm, and that is exactly where plenty people fall into the trap.  Gambling is directly on that emotion, because the losses is tougher than the wins, and before you know it you are chasing something that is already gone..
Once emotions enter, you have already given the casino or the platform an advantage..

[TastyChillySauce00]

To be fair, it's true. Chasing the losses may bring us to the lose everything we have. However, if you're doing a deeply research, you will find that if it's not all of people suffer it. There is a person who did martiangle betting after he went down, then he moves up, and ending with profit.
It means there is a small chance for people who chasing the losses to end up in winning. So that theory is not 100% right. That's why there is still person who keep betting after he losses.

[DaNNy001]

One of the reasons why gamblers chase losses is because they find it hard to accept losses, after losing they think chasing what they have lost is the only way to recover but in the long run it only leads to more losses...gamblers have this idea that if they keep on chasing they might win a lucky round but sometimes they don't get lucky again until they end up exhausting every single penny they have

[LogitechMouse]

Re: WHY GAMBLERS KEEP CHASING LOSSES.

There are many reasons as to why, but I believe these are 2 of them.
1. The mindset of recovering those losses.
2. Emotions takes control over them.

The first one, there are some gamblers out there who believe that they will win next time and will recover every loss that they incur. This is the reason why we're seeing a cycle where gamblers are depositing, then losing, then depositing just to recover their losses only to lose again, then deposit again to recover more losses, and it keeps going on and on, and on until such time that they don't have any money to deposit anymore. As for the second one, there are some gamblers out there where their emotions are getting control over them. Consecutive losses can trigger frustration, and our ego as well, and instead of stopping, they will make impulsive decisions, and those decisions are being driven by emotions, not by logic hence, higher chances of losing money.

There are many more, but these are the 2 of them.

[panjul07]

Because gamblers want to make money while gambling, if they lose their deposit then it is natural that they want to get back what they have lost, as simple as that.
For me chasing for losses is not a big problem as long as we do it responsibly, means that we do not force ourselves until we lose everything we have.
Simple example, if we have $100 starting bankroll, better to split first so our first deposit is $50, if we lose it then we can try to recover with the other $50.
If bad luck come (lose the 2nd deposit), simply stop and do not try to find more funds to chase the whole $100 lost.

[Slow death]

One of the reasons why gamblers chase losses is because they find it hard to accept losses, after losing they think chasing what they have lost is the only way to recover but in the long run it only leads to more losses...gamblers have this idea that if they keep on chasing they might win a lucky round but sometimes they don't get lucky again until they end up exhausting every single penny they have

I remember a case of a guy who said he lost $400,000 and needed to recover the money he lost. So, he borrowed money and traveled to the casino headquarters. Every night he gambled at the casino. According to him, when he won, he consumed a lot of alcohol and slept with many women to celebrate his victory. I confess I thought it was the stupidest thing in the world, but the guy kept recounting his wins and how he then consumed a lot of alcohol and slept with many women. Perhaps the $400,000 loss had caused him great trauma. Few people can cope with losses in this world; emotionally weak or unstable people shouldn't get involved with gambling.

[Juse14]

According to research, chasing losses is actually more of a psychological matter, than it is, a logical one. Apparently, when you lose money, your brain triggers a so- called ' recovery mode' that makes you want to get/ win it back, just cause you don't want the day to end in the negative. It becomes less about the game and more about the chase. At that moment your ego's trying to fix the loss. This might look like a big motivator as the individual is simply refusing to give up, but, it usually almost always amounts to bigger loss, desperate moves/ decision, and more losses. Research shows that most addiction cases start from just one bad day of loss that was tried to be fixed/ repaired, instead of being accepted.

No one ever ends up losing when gambling, but in gambling, losing is a certainty that is difficult to avoid. No one wants to lose, and not everyone is able to accept  that loss gracefully. In the end, they continue gambling in the hope that one round of luck will be on their side so they can win big and make up for their previous losses. But that's gambling: the more uncontrolled it is, the greater the losses.

The more often gambling results in defeat, the more curious one becomes about the next gambling session. And the key lies within ourselves: self-control and emotional discipline, the ability to accept the outcome of each gambling session without harboring resentment or greed.

[Rockstarguy]

It is very difficult to let go of a loss, especially when it is a large amount; there is always that feeling that makes you believe you can recover your loss in gambling. When gambling losses are significant, you can't just forget about them, and this is the reason why gamblers need to set limits that they can afford.

Gambling with an amount that you can afford to lose makes it much easier to forget about it, because initially, greed wasn't in the picture. Greed is one of the reasons why people go for larger amounts, and when they incur a loss, the only option seems to be to chase after the loss.

[Olatundespo]

Op I agree with you to a large extent. Gamblers start playing with the intention of winning and if they win once, they become more motivated and gamble more to win. The next time they start gambling and lose, they don't want to give up because they don't want to see themselves as losers. Here personal ego or the desire to be not tag as a loser gambler by others makes them keep playing. Personal ego's is such that among gamblers, the mentality of not giving up is more influenced by the mentality by the desire to recover the money lost in gambling.