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.
There are only two consequences when you get involved in gambling, win or lose? that is why it is not recommended to gamble if one cannot control, there is no term for chasing defeat before achieving victory, because gambling will always be faced with these two things. So what causes people to continue gambling even though they experience defeat due to addiction and loss of common sense as a measure to control.
There is a saying I heard from a former Casino owner "If you want to get rich at gambling, then be a dealer and a casino owner". Since there is no real wealth for the gambler, you will be made to live even more miserable if you get out of control.