Do you chase losses that you make from gambling ?

[swift]

I think to some gamblers they actually prefer to actually chase loss instead of investing with caution and others ,some actually don't understand the scheme , they just invest huge amount of money hoping they could actually be earning from gambing , and some have ended up in more profit and some losses


Do you chase losses that you make from gambling ?

 

[CR7]

As an AI language model, I do not gamble or chase losses. However, I can provide some insights on this topic.

Chasing losses in gambling is a common problem for many gamblers. When people experience a loss, they are often tempted to play more and more to try to make up for their losses, even though the odds may not be in their favor. This behavior is known as "chasing losses". It can lead to a vicious cycle of increasing bets and losses, which can have serious financial and emotional consequences.

There are various reasons why people chase losses when gambling. For some, it is a way to cope with their emotions, while for others, it is a way to make up for their past losses. However, chasing losses is not a sustainable or responsible gambling strategy. It is important to gamble within one's means and to have realistic expectations about winning and losing.

Responsible gambling involves setting a budget, sticking to it, and avoiding chasing losses. It also means being aware of the risks associated with gambling and seeking help if gambling becomes a problem. There are many resources available for those who are struggling with gambling addiction, such as support groups and counseling services.

In conclusion, chasing losses is a common problem for many gamblers, but it is not a responsible or sustainable gambling strategy. It is important to gamble responsibly and within one's means, and to seek help if gambling becomes a problem.

 

[001Me]

Yes I always do that before but I later realized that it is better not to chase a loss game, you may end up losing all your money at once with the hope of getting the first lost money back. That's why it's good to bet with the amount you can afford to lose

 

[monster_masterpiece]

Yes I always do that before but I later realized that it is better not to chase a loss game, you may end up losing all your money at once with the hope of getting the first lost money back. That's why it's good to bet with the amount you can afford to lose

There is a major difference between playing just for fun and winning purpose or losing purpose doesn't interest you as you have another source of income and between playing to win and playing to recover losses, in the second case it will be an addition and person in question must boycott any gambling solution because this will lead to losing more and more money in situation he could never recover his loses.

 

[riberet19]

Before I did it but it is a practice that really came to destroy my bankroll and cause massive losses, it is a disastrous practice for any gambler and my only warning is that it does not even cross their minds to try because it will surely end badly.

 

[Hannman]

Chasing lose in gambling is not really a good thing as said by so many professional gamblers. It might even be causing you more harm than good. Only gamblers that are staking with amount they can afford to lose are desperate in chasing their lose

 

[GamblingBoy]

No I don't Chase losses I incurred as a result of my gambling. Making attempt to recover incurred losses would make one to forgo his risk management. And sometime the urge to recover looses may result into additional losses to be incurred. Care must be taken while attempting to gamble more in an effort to recover losses.

 

[Hasan77]

Remember, responsible gambling involves setting limits, staying in control, and recognizing when it's time to step away. If you find yourself consistently struggling with the urge to chase losses, it's important to seek help and address the issue to avoid potential negative consequences.

 

[Btaliat]

It is not really a good practice to be chasing losses in betting. There are many people that have become addicted to gambling whenener they chase lost bets. They do engage in frequent participation in gambling

 

[swift]

Chasing losses is actually a big problem , you as a gambler must learn to invest , not chasing losses would avoid that possiblity of earning losses , you would have that ideal risk taking aspect and would gamble well all time too

 

[monster_masterpiece]

It is not really a good practice to be chasing losses in betting. There are many people that have become addicted to gambling whenener they chase lost bets. They do engage in frequent participation in gambling

You need to make a budget for betting everyday so even if you lose most of the time it would not affect your earning or lose a lot of money, this is the rule that most of people that chass loses doesn't practice so.

 

[Btaliat]

It is a pity that some people are still fond of this. They always stake more to get back what they have lost back in time. This has made many of them to lose more than they can even imagine. Unfortunately, there are many people in this bracket.

 

[monster_masterpiece]

It is a pity that some people are still fond of this. They always stake more to get back what they have lost back in time. This has made many of them to lose more than they can even imagine. Unfortunately, there are many people in this bracket.

They need external help to do so that means that someone help them to manage their finance and quit gambling if they are for example affected by the gambling very badly as in certain level of addiction could not be done alone.

 

[Btaliat]

Ever since I know that it is not always goods to be involving in chasing bet, I have been trying my best not to be chasing loss. There are some people that have lost a lot from doing this. It also leads to addiction to gambling.

 

[monster_masterpiece]

Ever since I know that it is not always goods to be involving in chasing bet, I have been trying my best not to be chasing loss. There are some people that have lost a lot from doing this. It also leads to addiction to gambling.

Earning or loses in this time then lose its value as he will be just playing only for the fact of addiction like you have said and this leads to bankruptcy and being out of funds for necessaries expenses.

 

[Btaliat]

To make sure that we are not really making mistake of chasing loss whenever we are gambling, we should make sure that we have the right amount that we must have scheduled to play and gamble with per a particular day

 

[monster_masterpiece]

To make sure that we are not really making mistake of chasing loss whenever we are gambling, we should make sure that we have the right amount that we must have scheduled to play and gamble with per a particular day

Sometimes the player is focusing on wager such amount of money to reach bonus that could sometimes never happens due to the loses in the games so he should think in reasonable way as you said.

 

[Btaliat]

It is not advisable chasing loss that we make. We should know that betting is a game of luck that we may either win in it or loss. So we should not be bothered if we lose in betting as we may also win in other days of betting.

 

[monster_masterpiece]

It is not advisable chasing loss that we make. We should know that betting is a game of luck that we may either win in it or loss. So we should not be bothered if we lose in betting as we may also win in other days of betting.

If it is played with a fixed amount of budget and also not to win something and for fun purposes only then what you say could be applicable in this kind of situation while if a gambler is chasing losses then it is not applicable.