WHY GAMBLERS KEEP CHASING LOSSES.

[YOSHIE]

According to research, chasing losses is actually more of a psychological matter,

Human nature is like that, medically it is called psychological and outwardly it is called lust, you have felt that after you have one car you want another one with the best brand and after you buy food with the desire to have other food, that's human nature, human nature doesn't want to lose, he wants to win all the time, just like gamblers don't want to lose, their brain always wants to win.

The nature of chasing losses is generally felt by gamblers, perhaps including you and me. This cannot be separated from every individual, anyone including the researchers themselves who have the nature of chasing losses, if they are a gambler.

[KiaKia]

They borrowed money to gamble because they believe they will win, some stupid gamblers even take loans to place bet and once losses occurs they will start panicking trying to find ways to make the money back, breaking even will the the new goal.

If they can't break even then a bigger problem starts, people don't know how unsafe gambling can become for them until they find themselves in that situation.

If you are looking for massive amounts of money gambling is a very bad place for that, let's be realistic, people get messed up easily trying to chase big money in gambling.

[Gost ms]

If a gambler can not simply accept the loses he had incurred from gambling, it means that the person will have a bad time in gambling tying to make profits.

Every bad habit has such a strong desire in us. When a person is engaged in a good work, if he fails, then they easily accept defeat. But when we get involved in any kind of bad habit, then this habit is formed in us. But we need to get out of such a habit as soon as possible. Because if a gambler is in such a position, if he keeps gambling, if he loses, then he may take out loans to gamble more aggressively and for the loan he may have to sell all his property or may be a victim of a bad situation.

[panjul07]

The answer is simple: because they are irresponsible. This is the only reason why such gamblers always chase their losses. This is why we are always advised to be responsible when engaging in gambling. The reason is simple: to avoid chasing losses, because in the end, it will never work, given that the percentage of losses is much higher than wins. This means that the more you try to recover your losses, the opposite will happen. This is also why many gamblers lose large amounts of money.

Let me give an example, how if someone (lets say myself) is like to gamble and like to chase losses as well but I do not force myself when trying to chase losses?
I do not spend what I can afford to lose as I stick into my money limit? Am I considered as irresponsible just because I do chase losses? Is it that simple to consider a gambler as irresponsible?
I will stand in the opposite side, chasing losses is normal and natural, it can be something bad if chasing losses is done without proper money management but it wont affect gambler negatively if it is done with a good money management.

[Dr.Bitcoin_Strange]

A gambler who has made a strong decision of not getting addicted in gambling will not allow their self to get addicted, even if they sometimes chase losses which is always irresistible to some of them, they will still coming me to the realization that gambling is a game of luck and they don't have to treat it like an investment or a business where they will expect some consistent profit. Why some people keep chasing losses is because it's irresponsible, they want to win back what they have lost and some people too wants to double their capital, while some people have gamble with a loan money, they now want to recover it by chasing losses.

[letteredhub]

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.

I agree chasing losses is psychological but what really triggers a loss chase in a gambler is the amount of funds he uses to stake his bet. Assuming a gambler had to use what he can afford to lose, do you think there would be any emotions that would trigger loss chasing?  But the trigger would spontaneously be triggered by losing so much money beyond him.

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.

Jus as it's in real life issues where ego is part of what makes some persons from refusing to accept defeat when it's obvious there's nothing whatsoever they can do about it to change what has happened, that's how it is for those gamblers that out of their desperation think they can fix back the losses.

[Agbe]

The money he loss pains him, and would be thinking to recover them back in the next game but the next game disappointed him too but he almost win the game and that trigger another game again to try the luck and so on so fourth. As human beings, when you loss something, you would like to get it back. Chasing loses is not a logic thinking and if it was a logic thinking, the gambler, would have thought about the loses he would have in the process.

[Byebyebtc]

This natural act by the brain is not a bad one, what is bad is performing in this manner to the wrong thing or activity, which end result can be horrible.
You can't stop it, there are certain things that will end positive because of this performance of the brain, your brain always goes for the positive, but you can control it.
In a thing like gambling you know how the end result will be, the best thing to do is by not letting your brain control you at that moment. Not only in gambling but in any other activitiy that you know the end result of that brain reaction can go wrong.

[ASloveapg]

The money he loss pains him, and would be thinking to recover them back in the next game but the next game disappointed him too but he almost win the game and that trigger another game again to try the luck and so on so fourth. As human beings, when you loss something, you would like to get it back. Chasing loses is not a logic thinking and if it was a logic thinking, the gambler, would have thought about the loses he would have in the process.

And they cannot always accept losses because of their irrational thinking and they think it is easy to recover these losses. As long as a gambler accepts losses as normal, he will never be able to protect himself from big losses. Losing in gambling is normal but the right mindset to accept these losses always plays the most important role in protecting you from big losses. Those who keep chasing after recovering the lost money, their losses are basically never ending.

[taufik123]

The money he loss pains him, and would be thinking to recover them back in the next game but the next game disappointed him too but he almost win the game and that trigger another game again to try the luck and so on so fourth. As human beings, when you loss something, you would like to get it back. Chasing loses is not a logic thinking and if it was a logic thinking, the gambler, would have thought about the loses he would have in the process.

Such gambling would never stop until he lost everything, having no limit where he should stop thinking that his losses were already too much.
The more defeats the more interested he is in continuing to play and eventually it will be a REVENGE gambling that will not satisfy him until he ends up losing everything.

People who get into revenge gambling are really out of control, they have become addicted and make them unable to think of anything except to win big.

[lombok]

The money he loss pains him, and would be thinking to recover them back in the next game but the next game disappointed him too but he almost win the game and that trigger another game again to try the luck and so on so fourth. As human beings, when you loss something, you would like to get it back. Chasing loses is not a logic thinking and if it was a logic thinking, the gambler, would have thought about the loses he would have in the process.

Such gambling would never stop until he lost everything, having no limit where he should stop thinking that his losses were already too much.
The more defeats the more interested he is in continuing to play and eventually it will be a REVENGE gambling that will not satisfy him until he ends up losing everything.

People who get into revenge gambling are really out of control, they have become addicted and make them unable to think of anything except to win big.

This personal desire to recover lost money will most of the time make us act irrationally and get further into a state of failure. You understand that where the desire to get rich is ruling our heads, any measure we start doing will only hasten the turning in of all of our remaining possessions. It is wiser we stop before its too late to stop the cycle of addictions that drives us insane and kills the people around us.

[gunhell16]

They chase their losses simply because they’ve already lost so much. Their goal as a gambler shifts from making a profit to just breaking even—trying to recover what’s gone. But the reality is, the longer they refuse to stop, the more their losses pile up in the end.

This has become a habit for many players because of their addiction; they can no longer restrain themselves in these situations because they’ve completely lost control over their emotions.

[Versatile_choice]

If a gambler can not simply accept the loses he had incurred from gambling, it means that the person will have a bad time in gambling tying to make profits.

Every bad habit has such a strong desire in us. When a person is engaged in a good work, if he fails, then they easily accept defeat. But when we get involved in any kind of bad habit, then this habit is formed in us. But we need to get out of such a habit as soon as possible. Because if a gambler is in such a position, if he keeps gambling, if he loses, then he may take out loans to gamble more aggressively and for the loan he may have to sell all his property or may be a victim of a bad situation.

When you said about good person, i think you're talking about those who are well disciplined. And surely those that really understand how gambling works don't usually chase after loses because they know that losing is inevitable,  and also, chasing after losses comes with alot of disadvantages such as. Losing more than what you can afford, and once a gambler is losing more than what he can afford, they don't Longer think of going for a break, then it becomes problematic. So to avoid putting ourselves in this mess we should learn how to accept loss.

[lombok]

If a gambler can not simply accept the loses he had incurred from gambling, it means that the person will have a bad time in gambling tying to make profits.

Every bad habit has such a strong desire in us. When a person is engaged in a good work, if he fails, then they easily accept defeat. But when we get involved in any kind of bad habit, then this habit is formed in us. But we need to get out of such a habit as soon as possible. Because if a gambler is in such a position, if he keeps gambling, if he loses, then he may take out loans to gamble more aggressively and for the loan he may have to sell all his property or may be a victim of a bad situation.

When you said about good person, i think you're talking about those who are well disciplined. And surely those that really understand how gambling works don't usually chase after loses because they know that losing is inevitable,  and also, chasing after losses comes with alot of disadvantages such as. Losing more than what you can afford, and once a gambler is losing more than what he can afford, they don't Longer think of going for a break, then it becomes problematic. So to avoid putting ourselves in this mess we should learn how to accept loss.

It is the key staying above a spiral of financial ruin because of the proper ability to take defeat gracefully. Yes, that is correct, and true people are those who have high self control since they know that negative consequences should be included in the gamut of risks when gambling and that they can never avoid them. Making a break when our capital begins to run out will save us the blind ambition, which will only aggravate our position, and will eventually bring in much more intricate and destructive social issues.

[Muba20]

The money he loss pains him, and would be thinking to recover them back in the next game but the next game disappointed him too but he almost win the game and that trigger another game again to try the luck and so on so fourth. As human beings, when you loss something, you would like to get it back. Chasing loses is not a logic thinking and if it was a logic thinking, the gambler, would have thought about the loses he would have in the process.

Such gambling would never stop until he lost everything, having no limit where he should stop thinking that his losses were already too much.
The more defeats the more interested he is in continuing to play and eventually it will be a REVENGE gambling that will not satisfy him until he ends up losing everything.

People who get into revenge gambling are really out of control, they have become addicted and make them unable to think of anything except to win big.

This personal desire to recover lost money will most of the time make us act irrationally and get further into a state of failure. You understand that where the desire to get rich is ruling our heads, any measure we start doing will only hasten the turning in of all of our remaining possessions. It is wiser we stop before its too late to stop the cycle of addictions that drives us insane and kills the people around us.

The danger for gamblers is when they try to recover their losses. Gambling can be a temporary loss for those who can afford it, but the ones who suffer the most are those who try to recover their losses. There are some gamblers who want to quit gambling but cannot quit gambling to recover their losses. They think that they will continue gambling until they get their money back, which eventually turns them into addicted gamblers. I think that a negative characteristic of gamblers is trying to recover their losses.

[GeorgeJohn]

According to research, chasing losses is actually more of a psychological matter, than it is, a logical one.

It seems that i have reacted to this before..but nevertheless..in gambling both psychological and logical works in accordance..and what causes that, is when losses is higher than gain

Apparently, when you lose money, your brain triggers a so- called ' recovery mode' that makes you want to get/ win it back,

That alone has misled many gamblers..other way round, it has caused more losses, if someone lose in gambling, do not think of how to restore what they have lost, thinking of that will caused you more harm.

[taufik123]

-snip-
They think that they will continue gambling until they get their money back, which eventually turns them into addicted gamblers. I think that a negative characteristic of gamblers is trying to recover their losses.

But there will be no guarantee they will stop when they get a win, addiction has taken over their minds to keep playing non-stop until everything is completely gone.
When they have got their money back, then what will be thought about next is, there must be a win to make a profit from the capital money they got back and finally the money goes back to gambling.
There must be self-control to stop anywhere before experiencing addiction, if you are addicted then it is difficult to control everything.

[Jody.Drummer]

Many gamblers couldn't accept it because they already assumed that they would win. They borrowed money, they took a loan for gambling, and then lost. So for them to pay the debt, they have to continue gambling. They are not chasing losses, but rather chasing to win in order to pay their debts.

Unfortunately, the results are still the same. The longer they stay, the more losses they incur. In the end, instead of recovery, they were in terrible losses and huge debts.

That is one of the reasons why people continue to chase losses, from assuming that they will be able to win that is what makes them unable to accept defeat, and the action after that is that they chase losses because they want to get a win. Yes, because they cannot pay debts from income or because they do not have income so they hope that gambling will be able to provide victory to pay off debts.
Actually, if you continue to hope for gambling, most likely it will only make the loss even bigger, I'm sure there might be a win but it won't solve everything.

[Fredomago]

The money he loss pains him, and would be thinking to recover them back in the next game but the next game disappointed him too but he almost win the game and that trigger another game again to try the luck and so on so fourth. As human beings, when you loss something, you would like to get it back. Chasing loses is not a logic thinking and if it was a logic thinking, the gambler, would have thought about the loses he would have in the process.

And they cannot always accept losses because of their irrational thinking and they think it is easy to recover these losses. As long as a gambler accepts losses as normal, he will never be able to protect himself from big losses. Losing in gambling is normal but the right mindset to accept these losses always plays the most important role in protecting you from big losses. Those who keep chasing after recovering the lost money, their losses are basically never ending.

Indeed, most of them especially those who already engaged too deep they always tries to win back what they lost during their sessions, the problem is, even by chance they managed to win back instead of being contented from the outcome, they will push for more and will again try to see if luck will continue to back them up.

At the end of the day, same thing happened, lose everything and they'll just repeat that over and over, only those who have a self-will to completely stop then quit, are the one who can save their butt in losing more and more.

[Kelward]

The answer is simple: because they are irresponsible. This is the only reason why such gamblers always chase their losses. This is why we are always advised to be responsible when engaging in gambling. The reason is simple: to avoid chasing losses, because in the end, it will never work, given that the percentage of losses is much higher than wins. This means that the more you try to recover your losses, the opposite will happen. This is also why many gamblers lose large amounts of money.

I agree that the reason why gamblers chase loses is because they are irresponsible in their gambling habits another reason could be that they are ignorant especially for newbies who don't have experience about gambling. Experience is important for gamblers to gamble responsibly, it's not necessary that they have to learn from their mistakes they can research and learn from the mistakes of experienced gamblers. If a gambler learns to be responsible by not being greedy to chase loses they will minimize their loses because the more they chase the loses the higher chances of them losing more money.