WHY GAMBLERS KEEP CHASING LOSSES.

[Bitco55]

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.

[joeperry]

That's right, it's in the human nature and instinct that once you lose, you have the desire to win it back and sometimes what comes to my mind is "I won that before, I can win that back again" actually it's the common mistake most people do and most likely the beginners thought it can be learned the hard way. Personally I've experienced getting lose, chase my losses and lose more, even though it's in the human nature to try to save it, it's really good thing to accept it just like what you've said. It's hard to do but if you managed to get through it and became normal to you, you'll enjoy gambling without of fearing to lose since you can control your emotion and your finances/bankroll. It's a hard skill to acquire but really worth it if you've decided to become a gambler.

[Ruttoshi]

This is why you should always let go of your losses to avoid more losses. Some gamblers feel that you're weak to let go of your losses because they don't want to accept that's impossible to win it back. They continue playing with the wrong mindset of winning the next game until their bankroll is emptied. Some go as far as using Martingale strategy.

Of course, chasing your losses will definitely lead to addiction because you cannot recover back your losses but only to continue gambling without caution. The best way to limit your losses is to stop the game at the right time. Set a gambling budget and time limit for your gambling activities.

[Oshosondy]

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

When I was addicted to gambling, I forgot about the losses and start thinking of another tactics that I can use to make money from gambling. The gambling addiction that I had was more about thinking of ways that I can make money from gambling and not about chasing losses. If the day is over, I do not think about losses the following day but I continue to lose because I think I can be smarter than the gambling sites but I was wrong.

[Myleschetty]

The research's details are entirely accurate, and this is where the idea of always putting risk management first, realizing that gambling is merely a game of chance, never viewing it as a way to make money, and only playing with the amount you can afford to lose comes in. This is because when a gambler plays with the amount he cannot afford to lose, it always causes him to become desperate to win back the money he has lost.

[Sammye3]

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.

Exactly, this is a very relevant observation from most betting addiction. The moment you lose, it's more like there's this psychological disorder "factory reset" where you go blank and lose objectiveness and once that happens, it's expected you would incur more losses.

Because you would try to  change strategy and bet with sentiments as losing has what it does to the mind as well. The mentality of "i can win back" would only bring about making irrational decisions accompanied with disappointments and regrets.

There was this time I had four consecutive losses on betting in a day as I tried to recover my funds, I only incurred more losses. Then I realized the dangers of pursuing losses and learnt to take a break after losses.

[danherbias07]

This is true. It's the ego. It's the "I don't want to end the day as a loser."

It's all mental. It's the desire to get revenge and get back what had been lost. It is difficult to control this kind of emotion because most of the time, our ego wins.
In gambling, there's always the faith that a gambler can win, and so he keeps on hoping that maybe the next round will be for him. He will get back what was lost and then maybe some more. This is a human psychological phenomenon, and it's probably going to happen to anyone who keeps on gambling.

[Hatchy]

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's something that's sometimes unavoidable. We find out self's in this situation quite a number of times. Gambling without a reason or a goal in mind just hoping to get back what we already lost. This only puts us in more losses than we already have. Over time if such behaviour is not controlled, we might fall into the category of addiction. It's not use chasing the losses. If they we can just sit back sometimes after we had a bad day and try to rethink our steps, we would be able to manage our funds for the next round. Remember the goal is to be able to stay long enough to avoid losing too much. But when we begin to chase our losses, we end up devastated and make wrong decisions..

[Maslate]

When you say “gamblers,” it refers to all of us, which is wrong. Use the proper term, addicted gamblers is probably the right one.

Chasing losses isn’t something a responsible gambler does. Responsible gamblers play for fun, or even if they take it seriously, they stay disciplined. They know that even during a losing streak, they have to take care of themselves and avoid making stupid decisions like chasing losses, which we know fails 99% of the time.

You can even call it greed, but most of the time that kind of greed doesn’t lead to making money anyway.

[Pandu Geddon]

Chasing losses often causes gamblers to lose even more. Not accepting defeat and continuing to play in order to recover losses is commonly done by gamblers. But what happens is that only a few can recover a small portion of their money. Most gamblers will definitely lose more. 
This is only about a choice, whether to accept defeat or choose to face a bigger loss.

[liuka]

Chasing losses often causes gamblers to lose even more. Not accepting defeat and continuing to play in order to recover losses is commonly done by gamblers. But what happens is that only a few can recover a small portion of their money. Most gamblers will definitely lose more. 
This is only about a choice, whether to accept defeat or choose to face a bigger loss.

It is not strange that gamblers do not want to lose, continue to chase losses but in the end they will fail to win.
Recovering losses in gambling only has a 30% chance that's what I estimate while the percentage of more losses we know, but on the other hand gamblers sometimes have stubbornness where they don't want to stop playing. And this can trigger to continue chasing losses until the balance runs out.

[coin-investor]

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 has something to do with pride and greed, the failure to accept the losses, and the hope that you can still recover losses.
This is false hope, and very dangerous.
Gambling is a game of uncertainty, but some gamblers cannot accept this because they have experienced winning and think they could duplicate their winnings if only they increased their bankroll.

[Karl_3000]

Chasing losses often causes gamblers to lose even more. Not accepting defeat and continuing to play in order to recover losses is commonly done by gamblers.

I was newbie when I was chasing losses but when I am no more a newbie, I am not longer chasing losses. Not all gamblers are chasing losses but I know that addicts will chance losses until they have no money left on the wallet and account. There are still good gamblers, not all of us are chasing losses unless they are newbies.

But what happens is that only a few can recover a small portion of their money. Most gamblers will definitely lose more. 
This is only about a choice, whether to accept defeat or choose to face a bigger loss.

Having that is generally bad, if you chase losses today and win back your money, you will still chase losses tomorrow and that is where the problem lies as the gambler will always lose than win.

[michellee]

If someone can't prevent the urge to recover losses, they could lose more money. Many people get this but only a few realize the real problem. They follow their intuition to recover their losses without realizing that will cost them much more. Losing money in gambling is common so we must accept it because we gamble consciously.

We could chase the loss but we must realize that the risk of losing more money can become big. That can trigger more problems and the final of the problem will lead to addiction to gambling. If you know the risks, you should not try to recover your losses.

[MAAManda]

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.

First of all, when you refer to research, you should provide us with sources we can read to validate what you're saying. Okay, back to our discussion. Nobody wants to be a loser. So, when someone feels like they've lost something, they'll try to make it work. This isn't just true in gambling, but in everything. This psychological reason is behind the phenomenon of a gambler chasing losses.

[fruktik]

When I was addicted to gambling, I forgot about the losses and start thinking of another tactics that I can use to make money from gambling. The gambling addiction that I had was more about thinking of ways that I can make money from gambling and not about chasing losses. If the day is over, I do not think about losses the following day but I continue to lose because I think I can be smarter than the gambling sites but I was wrong.

Many years ago, I fell into a similar mental trap. I thought I was smarter than the casino and would win the jackpot. But it still hasn't happened. What did it lead to? A large bank loan, a mountain of debt, and the loss of friends who lent me money. Yes, I repaid the money, but my reputation was completely and forever ruined. So it's better to think twice before making decisions. Don't rush headlong.

[SOKO-DEKE]

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.

If gambling is seen as a way of making money, it will always be hard for gamblers who aim to make money from it to accept their losses. They will always chase the loss and continue chasing it because they believe they can make money from it. So the hope that they will recover their losses is always there.

Another point is that some people gamble with what they can’t afford to lose. Once someone gambles with money that is very important to him or her and loses it, they will definitely try to fight to win the money back, and that is how the keep  chasing losses continues. One thing about gambling is that it always makes people feel like they will get it back, as they keep hoping for a win.

[Oluwa-btc]

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.

Exactly when a gambler undergo series of loses for awhile there's a mode that's activated and that's the recovery phase as you've mentioned as well,and at that state the mind is troubled as there's a sensory cells that send stimuli to the various parts of the body and I called that irresistible factor. It makes you want to strike back inorder to recover the losses you've encountered and that's how addiction creeps in. So the moment you observe this attitudes you put a stop to your gambling habits.

[Mrbluntzy]

This topic has been treated many times and the response from people has never changed, gamblers are chasing losses because they want to win, every other reasons of why they keep chasing losses is just not as important as wanting to win. While chasing losses, more losses are incurred but the gamblers doesn't give up because they have not win what they want, so winning is the absolute reason why many gamblers are chasing after their losses, few are lucky to recover or win more than they have lost but many gamblers lose more money on that process.

[Odusko]

Ops try as much as possible to always engage with people on your threads, in discussion, I have seen you opened many threads with good discussions and comments, but you have zero engagement on those threads even this thread also.
Back to the topic of why gamblers Chase their losses, the answer is simple, they chase the loses with hope of recovering, so you are not far from the Truth, but the end of that is somewhat unpredictable and not always good for them since they will tend to lose even more in the process.