WHY GAMBLERS KEEP CHASING LOSSES.

[bitbollo]

there is a clear psychological explanation about this and this has always been exploited by bookmakers/casino's.
It is wrong... well its like any other technique you can have on gambling to make you play more... of course once they use strange bonus (like xxx wager) or limit in odds/events to play, its clearly they want that you play as forced as you can to "recover" your losses.
The solution is easy. Have your budget. Thats all. Be ready to play only what you are going to afford to lose...

[0x000369]

This is Why 




op you nailed it its all in the head that recovery mode kicks in and suddenly youre not playing for fun anymore its all about getting even ive been there more times than i care to admit lost a couple hundred one night and thought just one more spin ill get it back next thing you know im down double and feeling like crap the ego thing is spot on we hate feeling like losers so we double down thinking were smart enough to outplay the odds but house always wins in the end right

what helps me now is setting a hard stop like ok thats my limit for the day walk away even if it stings addiction creeps in from those bad days like you said most folks start chasing thinking they can fix it but it just spirals better to accept the L and come back fresh another day

[Warkop]

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.

The question as to why gamblers keep chasing losses has been discussed in the forum several times and I have come to the conclusion that it is just matter of personal decision. You can choose not to chase if you decide not to but it is easy to get carried away by your losses and trying to recover. In order to fund yourself down on this path you must always gamble with an amount you can lose comfortably

This is just what op is pointing at. The issue is whether the gambler will accept defeat or not. Many gamblers who try to fix their gambling losses will end up shooting themselves in the foot. Once they fail to accept the fact that the money is lost and gone, they will find themselves trapped in loss chasing circle. Although there are gamblers who face the fact when it comes to losses, majority gamblers will choose to chase it.

If their goal is only to chase losses and not accept the fact that their money is gone for gambling, will forcing themselves to continue gambling make their money come back? Of course not, they will even suffer deeper losses and fall into the cycle of gambling traps.

[Orpichukwu]

That makes sense. We end up going into recovery mode without even realizing it, right? Instead of accepting the loss, the ego takes over and the person tries to reverse it impulsively. I've seen many people get into trouble for exactly that reason. The best thing is to know when to stop before it snowballs.

Once a person who is a gambler is not mature enough to take responsibility for their actions and accept defeat, they are steps closer to chasing losses. If you don't stop after losing and still think you can win back money lost, such a decision will only bring in an increase in overall losses, nothing more.

[traderethereum]

That is what happens to those who chase losses. Their brain is telling them to get it back no matter how hard it is. While those who losses money will sink to the bottom if they don't realize what they do. That chasing will not give them a big chance to get their money but they may lose more money. It is why gamblers must have control over themselves to avoid to chase their losses. It will not always succeed but it will make them lose more.

[Floxynice]

If their goal is only to chase losses and not accept the fact that their money is gone for gambling, will forcing themselves to continue gambling make their money come back? Of course not, they will even suffer deeper losses and fall into the cycle of gambling traps.

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.

[Slow death]

That makes sense. We end up going into recovery mode without even realizing it, right? Instead of accepting the loss, the ego takes over and the person tries to reverse it impulsively. I've seen many people get into trouble for exactly that reason. The best thing is to know when to stop before it snowballs.

Once a person who is a gambler is not mature enough to take responsibility for their actions and accept defeat, they are steps closer to chasing losses. If you don't stop after losing and still think you can win back money lost, such a decision will only bring in an increase in overall losses, nothing more.

Few people accept defeat, even in cases that don't involve money. I've seen many cases where people were playing with friends and there was no money involved, just friendly games, and yet I watched people fighting and threatening revenge afterward, which made me wonder: "Before the game, these guys were all laughing and talking like friends, what the hell happened to them to hate each other so much?"

The only thing that came to my mind was ego, the feeling that I am superior to others and cannot lose. This type of thinking leads thousands of people to fight and hurt themselves for petty and childish reasons. Now, if they fight and think about revenge for childish reasons, then imagine when money is involved? People become even more out of sorts, and many people may say they don't pursue losses when in fact they are pursuing losses.

[Dunamisx]

We cant accept it that everyone of us are doing the right thing in gambling, some are having an entire total misconception about it, starting form their mentality of what gambling is, their approach in gambling and what they do to show they are gamblers are all being done under an unacceptable approach, you cant expect that such a gambler should not chase after loss, when he is not seeing it as an entertainment.

[liasbaa]

Most gamblers become addicted because they do not have the attitude to give up. If you conduct research on most gamblers, you will see that the attitude of chasing losses is the main reason for their losses. Even if they start gambling with a very good attitude, losing and losing money creates a mindset of not giving up and they start to increase the amount of gambling. Even if they start with small losses, as the amount of gambling increases, the amount of losses increases.

I think it is not really a matter of pride, it is about making money because you keep losing and after losing a huge amount of money, there will be a mental pressure to recover it. But if a gambler gambles for fun, he will not jump to recover his money. That gambler should keep in mind that gambling is only for entertainment, not for making money.

[dunfida]

That makes sense. We end up going into recovery mode without even realizing it, right? Instead of accepting the loss, the ego takes over and the person tries to reverse it impulsively. I've seen many people get into trouble for exactly that reason. The best thing is to know when to stop before it snowballs.

Once a person who is a gambler is not mature enough to take responsibility for their actions and accept defeat, they are steps closer to chasing losses. If you don't stop after losing and still think you can win back money lost, such a decision will only bring in an increase in overall losses, nothing more.

Few people accept defeat, even in cases that don't involve money. I've seen many cases where people were playing with friends and there was no money involved, just friendly games, and yet I watched people fighting and threatening revenge afterward, which made me wonder: "Before the game, these guys were all laughing and talking like friends, what the hell happened to them to hate each other so much?"

The only thing that came to my mind was ego, the feeling that I am superior to others and cannot lose. This type of thinking leads thousands of people to fight and hurt themselves for petty and childish reasons. Now, if they fight and think about revenge for childish reasons, then imagine when money is involved? People become even more out of sorts, and many people may say they don't pursue losses when in fact they are pursuing losses.

Ego really is the main reason behind most gamblers not knowing when to stop when someone ties their self worth to winning it becomes almost impossible to walk away after a loss because in their mind losing means weakness not just bad luck so they double down thinking they’ll redeem themselves instead of realizing that gambling isn’t about pride. When money enters the picture that emotion multiplies people who can’t control their ego end up chasing losses and making irrational decisions it’s like a loop of denial where the need to “prove” themselves outweighs logic and that’s where things start to collapse.

Being able to stop requires humility you have to admit you can lose just like anyone else and that doesn’t make you less capable the moment you learn to see gambling as random entertainment instead of a measure of skill or pride you break free from that destructive cycle.

[Fivestar4everMVP]

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.

I won't argue but agree with you, there are people who find it very difficult to accept their loses in gambling and this is all because of the type of mindset they carry around..
I myself sometimes do chase after loses but it's always deliberate because if I really wanted not to fall for the temptation, I won't allow myself too..

But then, avoiding this loss chasing is easy but only if gamblers will learn to only gamble with the amount of money they can easily afford to lose and accept if they lose, because the bedrock of and foundation of chasing after one's loses is risking an amount of money too big for the gambler to accept losing, this is what pushes the gambler to want to try to win it back since they can't afford losing that money.

[centrum]

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 when people lose in gambling their mind does not stay normal. those who cannot control it can never bring anything good. because i have also noticed that when losing starts, then no matter how much you try, it becomes very hard to get out of it if your luck does not support you. two days ago one of my friends won 500 dollars from a bet. when he went to withdraw it, instead of withdrawing he started gambling again with that money, and all his money finished at once. many times he wanted to stop, but he thought maybe all his money would come back again, but in the end he lost everything in gambling. so i think that when you win a big amount you should quit playing. and when you keep losing again and again, i also think you should get out of gambling. otherwise you will lose everything, just like my friend lost.

[MArsland]

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.

For this reason, we often emphasize that gamblers have clear gambling management, from the total income for example 2% to gamble every weekend/1 week 1x. If you are disciplined with this arrangement, you should no longer chase losses but rather enjoy the gambling budget regardless of the results of winning or losing. Most gamblers who always chase losses and continue to be encouraged to bet due to not having gambling management.

[Gozie51]

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 usually one failed game to another and then you try to recover but you fall deeper into it. This is the scenario of chasing losses . But it is not easy to turn eyes away from your loses, however I believe it is experience that will get your conscience sensitive to what is about to happen again especially if you have had the experience which really dealt with your account in a bizarre manner. I don't chase losses because I know the consequences. If I have two consecutive loses then I will advise myself to stop. I think that's the reasonable thing to do because by that time you are likely to lose your confidence level and you can't seem to take right gambling decisions.

[BigBos]

We cant accept it that everyone of us are doing the right thing in gambling, some are having an entire total misconception about it, starting form their mentality of what gambling is, their approach in gambling and what they do to show they are gamblers are all being done under an unacceptable approach, you cant expect that such a gambler should not chase after loss, when he is not seeing it as an entertainment.

The problem lies in the misconception about gambling, where many players think it's a way to make money, not something to be done for entertainment. This mindset, which views gambling as a way to make money, indirectly makes them unprepared to lose the money they wager. It's understandable why many players can't stop gambling when they lose because they're looking for profit, not entertainment.

I believe this is also a flawed approach to gambling. The correct approach to gambling is to view it as entertainment and engage in it solely for the thrill of it, with winning as a bonus, if you're lucky.

[TheUltraElite]

A gambler when starting to play is usually having a mindset to win. As human beings we hate defeat and the brain goes into the "we can try hard and win" - but this is true in anything that is not completely luck based. In gambling, the more you play the more you lose. It is not like an exam paper where you prepare hard and you can crack it.

But since our ego gets hurt when you lose, we want to keep going more till we beat the casino, this is why people chase losses instead of stopping.

[Muba20]

Sometimes a gambler can become addicted for small loss and at one stage can lose all his bankroll. Therefore, if the gambler is not mentally strong, it will be difficult for him to survive in gambling. It is very common to lose in gambling, but the mentality of quickly withdrawing the money lost has to be changed. Sometimes, when you lose, it is better to take a break from gambling rather than getting excited. There is a large number of gamblers who lose control after losing. They think that at that time they have to recover the lost money. They have no mentality in their brain to accept the loss easily.

[leonair]

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.

This is how things happen. When someone loses in gambling, he automatically becomes emotional to recover that loss. But when he loses more while recovering that loss, he takes it as a bigger challenge and tries harder to recover his losses. Sometimes he wins but the amount cannot cover his total loss amount due to which he continues to gamble more and loses them too. And this is how a gambler runs after gambling despite losing repeatedly.

[Findingnemo]

Who wants to end up with the loss? They just want to get them back and say one more bet and it keep on going... It is fine and even if money isn't a factor still our ego doesn't want to access the loss and we just want to end on high note so we will be looking for that one win to make peace with our mind and say okay this is enough for the day.

[GeorgeJohn]

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

Nobody should be exempted for chasing out lost, if you are not longer doing it right now, you have done it previously, so many persons have chase out loses long time ago before they realize that chasing out loses it's not something that will profit them and is something that will indict them more in the gambling that is why so many have to give that a break

So it is based on experience that made many people know to chase their losses, because they knew that more you are chasing your losses that is how you become addicted in the gambling indirectly so that is why so many persons stop doing that because there I have gathered a lot of courage and experiences through gambling.