Stop chasing your losses and use it as a lesson.

[bubilas]

Sometimes gamblers and bettors gamble because they want money to achieve their goals. For example, a guy wants Manila or a house and is short of a certain amount. Then he thinks that gambling or betting is a great solution for making money quickly and fun. And a small percentage of them actually place a bet and win. But they are a minority.
The majority, however, will lose and hope that the next gaming session will bring them a profit, but they lose again and again until they are left with nothing. It's a sad story about how money disappears simply out of greed and naivety. There are many such stories, and they will be repeated for years and hundreds of years to come.

[Zadicar]

Sometimes gamblers and bettors gamble because they want money to achieve their goals. For example, a guy wants Manila or a house and is short of a certain amount. Then he thinks that gambling or betting is a great solution for making money quickly and fun. And a small percentage of them actually place a bet and win. But they are a minority.
The majority, however, will lose and hope that the next gaming session will bring them a profit, but they lose again and again until they are left with nothing. It's a sad story about how money disappears simply out of greed and naivety. There are many such stories, and they will be repeated for years and hundreds of years to come.

On the moment that we do gamble then the primary goal we do have in mind is to make money or winning up a particular session or bets on which it is a normal approach. The main differences on here is on how a certain individual would be able to handle gambling itself specially on the moment or time that you are losing money because each person is different when it comes to tolerance specially on stress and anxiety. Some could be able to handle it and could move on easily without any issues but for most gamblers they would be ending up on becoming impulsive and would be making up that kind of approach on which you would be ending up on getting addicted and the worst is that you would be that keep on piling up your loses. Its recommended that once you do make up some engagement with gambling then make it sure that you wont be finding yourself having some issues when it comes to patience or simply on emotional aspect because this is where people do end up like shit.

[danherbias07]

Chase your losses and lose more.  This is not a jest, it's a tested fact. I call this a revenge, and in risky activities, except you have the luck once in a while, it has always been more losses when you try to revenge. As you said, it's better to take it calm and probably let it go, but learn from it so that the losses will not occur again in a big form. One of the ways to achieve this is to be disciplined and prioritise responsible gambling. You need to enforce the caution and make sure your managerial skill is intact.

I agree. It's a fact. Also, I have experienced it many times, and the real trouble is when the game is getting longer, especially in slots. It will keep on eating more money until you are dried out. Minimizing losses is by stopping and not by playing continuously. Avoiding games like the casino and slots will be a good idea. Use them as entertainment only.

Sports betting is the best choice to avoid chasing losses because we can only focus on the games that we have knowledge of. Once they are done, we have no games to play anymore and nothing to bet for unless we will force it to the games that we have no idea about which for me is a stupid decision.

[Kelward]

Sometimes gamblers and bettors gamble because they want money to achieve their goals. For example, a guy wants Manila or a house and is short of a certain amount. Then he thinks that gambling or betting is a great solution for making money quickly and fun. And a small percentage of them actually place a bet and win. But they are a minority.
The majority, however, will lose and hope that the next gaming session will bring them a profit, but they lose again and again until they are left with nothing. It's a sad story about how money disappears simply out of greed and naivety. There are many such stories, and they will be repeated for years and hundreds of years to come.

Another problem is that many people who are seriously looking for quick money will hear that somebody hit the jackpot in the lottery and won millions or another gambled and won life changing amount, they will jump into gambling without proper knowledge. These people don't know that it is by luck to win and a lot of people tried but only very few actually won very big and it is the big stories that reached their ears. If people understand that there is no guarantee to make money in gambling I think they will not chase loses when they gamble, they will learn to be in control.

[rachael9385]

Not many people realize when they must stops gambling. Many will recover their lost although they understand it will difficult. But they consider that they may have lucky on chasing their lost and bring their money back.

If they could think twice about recovering the lost which may leads them to get more losses, they will not spend more money instead stop gambling and calming down themselves.

Increasing their bet will not be a solution but could makes them lose bigger than before. Stopping gambling for a while and calm down yourself will be better to be done.

You need to refreshing your minds, reducing your tension, and realize the fact that gambling is not for making money solution.

A lot of people don't know when to stop and this is a serious problem because they can keep on losing as a result of this.  like you said, it is important to stop gambling for a while when you notice that your gambling activities are making you lose more than what you are getting from it. instead of stopping some choose to increase their bets all because they are trying to recover, this  increases thr problem.

[Dunamisx]

I don't like some gamblers for something which is their persistence in making recovery even when it's seems to be odd enough for them to achieve that, there are situations whereby we only have to let go and move on and not to keep on the same issue without having anything that can come out of it, once we realize a lost then is not proper to be chasing after it except we are opportune to win unexpectedly.

[Orpichukwu]

If a gambler can not speak for themselves then they are not supposed to be gambling. Anyone that can not tell people around them about what they are passing through in life can come online in a faceless community like Bitcointalk to express their problem so that they could get help from people that might have been in a similar problem before with their our ways of getting a breakthrough.

Not everyone knows how to share their problem; this is one thing I have observed about a few people, and some of them don't believe they can actually get help from anywhere, and when such a type of feeling is harboured inside of a gambler, it's hard for them to consider anyone as help until they are able to get away from that mentality.

[GiftedMAN]

If a gambler can not speak for themselves then they are not supposed to be gambling. Anyone that can not tell people around them about what they are passing through in life can come online in a faceless community like Bitcointalk to express their problem so that they could get help from people that might have been in a similar problem before with their our ways of getting a breakthrough.

Not everyone knows how to share their problem; this is one thing I have observed about a few people, and some of them don't believe they can actually get help from anywhere, and when such a type of feeling is harboured inside of a gambler, it's hard for them to consider anyone as help until they are able to get away from that mentality.

Gamblers find it hard to talk about their problem some do that because they feel they will be mocked because of the amount they have wasted while others think you will end up blaming them instead of helping them to provide solutions to their problem, they take it personally to keep things to heart despite the burden and pains they pass through doing all of that. It takes a good relationship with them for them to speak to you in private.