I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.
I actually call this the "gambler's cycle" where a person would gamble again in order to regain his losses.
When a person gambles and regardless of the outcome whether he wins or losses, the initial decision is for him/her to gamble again. He/she would want to gamble again in order to test his luck in the event if he wins. Furthermore, he would also attempt to gamble again if he losses in hopes of recovering the loss he just incurred, thereby creating a situation and an endless cycle where he would consistently gamble in the process.
This kind of cycle is potentially destructive and dangerous especially if you lack the necessary discipline to accept your losses as part of the gambling system. That is why if this happens, the person has to force himself to get out of such position (e.g. limiting the cash he brings, etc.) to break this cycle.
I can say, we are all guilty of such feeling at one point. But it is right that if you can't contain yourself, you will lose in the process. You'll be in big trouble if you will continue chasin losses. If you are still into gambling, I don't think you can find closure with what you lost. That's a never-ending cycle if you want to keep up such kind of mindset.