WHY GAMBLERS KEEP CHASING LOSSES.

[Hispo]

If you, as a player, lose control of yourself, which leads to spending more money than you should have, the best thing to do is avoid making a second mistake, which is chasing losses, thinking you could be able to recover that one lost out of mistake because that mistake of chasing your losses is never easy to come back from. The more you chase the loss, the higher the amount you lose.

Yes, what you should do precisely is not continue playing if you know you're tired or have had a significant losing streak. It's not good to keep playing, but something happens when you gamble: your mind gets stuck on the idea of ​​continuing to play and win. But that's something you should put aside. It's better to save that money and play at another time, not to always make the same mistake of trying to recover losses.

I also support this opinion since the pursuit of losses is one of the most significant factors that make gamblers lose more than they intended. As soon as a player begins to gamble emotionally, the focus of his or her intentions is not on fun anymore but rather on recovery, which is the general tendency that results in bad choices. The brain continues to assure the gambler that the next bet will solve all the problems but most of the times it leads to a worse situation. It is important to know when to quit particularly following a losing streak or when one is tired. It is not a matter of desperation but rather a matter of discipline and limits in which gambling should be done because in this way losses will continue piling and not be reclaimed.

I also have the personal theory that people suffer some change on their brain chemistry when they switch from gambling for fun to gambling for the sake of chasing their losses... Even if there is no actually any dopamine involved (since one does not chase losses for pleasure).

There must be some addictive factor which make people to run after those losses and seek to recover their money as far as possible, people turn off their common sense and allow whatever happens on their brain to take over and gamble everything left away.

[Bigjoe33]

I also have the personal theory that people suffer some change on their brain chemistry when they switch from gambling for fun to gambling for the sake of chasing their losses... Even if there is no actually any dopamine involved (since one does not chase losses for pleasure).

There must be some addictive factor which make people to run after those losses and seek to recover their money as far as possible, people turn off their common sense and allow whatever happens on their brain to take over and gamble everything left away.

I would like to say that I think it's just human nature, nobody wants to loss. There is this fighting spirit in human that wants you to recover back, especially if what you lost was not lost in the right way or for something good and beneficial. Of course, we know it's a different feeling when you buy an electronics or anything that you need with your money,  compared to when you dash your loss your money to gambling without any tangible thigh you got in return for it, you will always want to get it back, and yur brain will keep shouting, fount again, you will get it right and recover, and that's where the real loss sets in.

It's a good thing that at some point, we can resist the thought and feeling to fight and recover your losses, especially in gambling, and gamblers must learn the best way to resist this spirit of wanting to win back, because, if you observe, you will notice that you will only loss little if you leave early and not want to win back, than deciding to fight and the ironically loos everything

[Emitdama]

It's like a vicious cycle, because the player becomes increasingly more ardent and frantic in their attempts to place a bet, and ultimately, they no longer understand the true value of money. They simply want to escape this state as quickly as possible, but this only makes things worse. I don't want to go down this path, so I've simply learned to quit when I need to, namely, as soon as I think about it, and I don't give myself any excuse to continue. Even though my brain tries to come up with a million reasons to continue, I know it's a hoax and a trap that most players fall into. Just don't try to convince yourself, that's all.

This is because when money is digital and on a bankroll in a casino, it doesn't feel real like in your hands. When you are in a physical casino, things are much different than some crypto casino. In fact, so much so that even if you are playing with fiat somewhere, or maybe stablecoin, you get to see dollar amount and it's more serious and the chasing of a loss becomes less common, whereas if it is something like lets say you gamble with dogecoin, it becomes much more relax and you are more willing to lose it.

This happens even when the amount is the same, 100 dollars in USDT, and 100 dollars in dogecoin but dogecoin gets to be gambled a lot quicker. This is the reason and many people chase because of this difference.

[masulum]

I also have the personal theory that people suffer some change on their brain chemistry when they switch from gambling for fun to gambling for the sake of chasing their losses... Even if there is no actually any dopamine involved (since one does not chase losses for pleasure).

There must be some addictive factor which make people to run after those losses and seek to recover their money as far as possible, people turn off their common sense and allow whatever happens on their brain to take over and gamble everything left away.

I agree with you, just additional view from me, addictive triggered a gambler to gamble again, even after he doesn't have money, while uncontrolled gambling will lead a gambler to try to gamble again when loss. so, when a gambler not trying to focus on his losses, he will be easy to left the sessions, because of accepting any losses will bring a control. but if emotion, addiction and uncontrolled being triggered at the same time, it will bring disaster, since no more sense, only trying to recover his losses.

[MRY]

It's like a vicious cycle, because the player becomes increasingly more ardent and frantic in their attempts to place a bet, and ultimately, they no longer understand the true value of money. They simply want to escape this state as quickly as possible, but this only makes things worse. I don't want to go down this path, so I've simply learned to quit when I need to, namely, as soon as I think about it, and I don't give myself any excuse to continue. Even though my brain tries to come up with a million reasons to continue, I know it's a hoax and a trap that most players fall into. Just don't try to convince yourself, that's all.

This is because when money is digital and on a bankroll in a casino, it doesn't feel real like in your hands. When you are in a physical casino, things are much different than some crypto casino. In fact, so much so that even if you are playing with fiat somewhere, or maybe stablecoin, you get to see dollar amount and it's more serious and the chasing of a loss becomes less common, whereas if it is something like lets say you gamble with dogecoin, it becomes much more relax and you are more willing to lose it.

This happens even when the amount is the same, 100 dollars in USDT, and 100 dollars in dogecoin but dogecoin gets to be gambled a lot quicker. This is the reason and many people chase because of this difference.

The feeling of comfort at the time of placing a bet on a specific crypto-asset demonstrates that it is so easy to control people with the help of the seemingly digital numbers. This is because as you demonstrate that the denomination is the same, but the manner in which we treat that money will largely depend on the kind of currency that is being used on the betting platform. Once we begin to tumble into the delusion that we can lose some cards more easily than we can others, there we shall be on the road to ruin our well-settled living budget. When we know these psychological processes, we will be able to treat any dollar in a responsible manner, no matter the worth.

[Issa56]

Chasing loses can cause a big problem for a gambler that has no experience at all.

One of the worst mistake a gambler will make is trying to win back their loss. If you are a gambler and you trying to win back your loss, just know that you going to end up losing more at the end. If you are a gambler, and you lose some amount of money, just be calm, stop gambling at that particular time and come back another time, if you are desperate to win back your lose then you already made a great mistake.

As a gambler we are suppose to know when we going to stop gambling, you don’t have to be carried away, when you losing and it’s getting too much, then you just have to stop gambling at that moment, if you are a gambler and you don’t stop at the right time, then you have already made a great mistake.

[Agbe]

This often happens due to desperation. It could be that the player became very focused on playing and suddenly lost control of their money, resulting in losses that shouldn't have happened. It may be that, out of pure instinct, the player tried to recover that money, but it's not always like that; it doesn't work that way. In a casino, the more you bet desperately without enjoyment, the more money you will lose.

If you, as a player, lose control of yourself, which leads to spending more money than you should have, the best thing to do is avoid making a second mistake, which is chasing losses, thinking you could be able to recover that one lost out of mistake because that mistake of chasing your losses is never easy to come back from. The more you chase the loss, the higher the amount you lose.

Well said, you cannot keep on doing the same thing and hope to have a different result. Most of the people that end up losing huge amounts repeatedly are the ones that don't learn from their mistakes. I have chased losses a few times but after thinking back and realising that it has caused more harm than good decided to take a different approach to become a more disciplined gambler.

[Hispo]

I also have the personal theory that people suffer some change on their brain chemistry when they switch from gambling for fun to gambling for the sake of chasing their losses... Even if there is no actually any dopamine involved (since one does not chase losses for pleasure).

There must be some addictive factor which make people to run after those losses and seek to recover their money as far as possible, people turn off their common sense and allow whatever happens on their brain to take over and gamble everything left away.

I agree with you, just additional view from me, addictive triggered a gambler to gamble again, even after he doesn't have money, while uncontrolled gambling will lead a gambler to try to gamble again when loss. so, when a gambler not trying to focus on his losses, he will be easy to left the sessions, because of accepting any losses will bring a control. but if emotion, addiction and uncontrolled being triggered at the same time, it will bring disaster, since no more sense, only trying to recover his losses.

It is clear there is a difference between someone gambling for the sake of entertainment than someone doing it because they care about money which has been loss to their own bad luck. That is something which has been discussed here on the forum in an extensive way.

However, I continue to find myself fascinated on how one can easily switch from being a responsible gambler enjoying one's time on a casino to someone chasing losses endlessly.

The worst part is one can become the latter without even being aware of what is going on.

[Mandoy]

This often happens due to desperation. It could be that the player became very focused on playing and suddenly lost control of their money, resulting in losses that shouldn't have happened. It may be that, out of pure instinct, the player tried to recover that money, but it's not always like that; it doesn't work that way. In a casino, the more you bet desperately without enjoyment, the more money you will lose.

If you, as a player, lose control of yourself, which leads to spending more money than you should have, the best thing to do is avoid making a second mistake, which is chasing losses, thinking you could be able to recover that one lost out of mistake because that mistake of chasing your losses is never easy to come back from. The more you chase the loss, the higher the amount you lose.

Well said, you cannot keep on doing the same thing and hope to have a different result. Most of the people that end up losing huge amounts repeatedly are the ones that don't learn from their mistakes. I have chased losses a few times but after thinking back and realising that it has caused more harm than good decided to take a different approach to become a more disciplined gambler.

Desperation is one of the biggest contributors to the most frequent trap that gamblers get into, which is chasing losses. When the control is lost, the decisions become emotional and no longer rational based on the desire to take back what has been lost. As indicated, gambling ceases to be fun at that point and becomes a compulsory rehabilitation process, which does not normally turn out well. The casino is not rewarding of desperation but does punish it. Refusing to accept the loss is the greatest mistake having lost since one will redouble hoping of a different result. The only difference between a casual and heavy loser is discipline. It is quite often the wisest bet that a gambler can make is to learn to quit, take losses and move on.

[tbterryboy]

It's common because you get to see the people who earn a lot and you assume that the same thing could happen to you as well, but turns out it is not that easy. Obviously it is not that easy and obviously it is not that common because in most cases if you chase a loss then you are going to lose money.

But if you are doing a fine job then you should not be worried at all. I get that it is not going to be that easy and I get that we are going to see this be a lot better for everyone if they just stop chasing it. However, the addiction part of gambling is serious and I have seen it even in my friends, I mean not really my friend, but my wife's friends husband, so it is a bit far away, but dude lost it all on gambling and couldn't stop, they may even get a divorce soon.

[Orpichukwu]

Yes, what you should do precisely is not continue playing if you know you're tired or have had a significant losing streak. It's not good to keep playing, but something happens when you gamble: your mind gets stuck on the idea of ​​continuing to play and win. But that's something you should put aside. It's better to save that money and play at another time, not to always make the same mistake of trying to recover losses.

Once we are gambling, even if we are not winning, our mind keeps on pushing us not to give up and to keep on trying, but that's where self-control and determination come in, which will help the gambler to make a decision on what's best for him, his time and his finances, and that will be taking a break after a losing streak, and gambling under such conditions is going to be influenced by emotions planted in the mind based on the losses.