Chasing loss is an obsession with money that you once had and is gone and you are fighting it back to overcome the forces of gambling and it doesn't work that way, sometimes you lose to win another game, the casinos that lose tons of money to the player, you think they don't get hurt as the players withdraw big money from their platform, they do and that is how gambling naturally exist.

Some players have their beliefs and they trust their skills, even if things don't go well the way they plan, they will continue to play, they can play high risk bets and never give up because they believe they will get more than what they have lost any day they win from the outcome because high risk game can change life for good when you win but that is not the best strategy for a gambler.